TransUnion

Intuit to Acquire Financial Health Startup SeedFi

Retrieved on: 
Thursday, December 1, 2022

By reporting these payments to the credit bureaus, members took steps toward improving their financial health.

Key Points: 
  • By reporting these payments to the credit bureaus, members took steps toward improving their financial health.
  • SeedFi has a similar mission to help consumers become financially fit, so joining forces just makes sense, said SeedFi co-founder and CEO Jim McGinley.
  • The transaction between Intuit and McBurberod Financial, Inc. which does business as SeedFi, is subject to closing conditions, and is expected to close in the coming months.
  • 1 Credit Builder plan is serviced by SeedFi and requires a no-fee SeedFi line of credit and SeedFi savings account provided by Cross River Bank, Member FDIC.

Suspected Digital Holiday Shopping Fraud in U.S. Increases 127% Compared to Rest of 2022

Retrieved on: 
Thursday, December 1, 2022

Despite the fact that consumers have begun returning in larger numbers to in-person shopping in the post-pandemic era, online retail continues to be the preferred means of holiday shopping for many.

Key Points: 
  • Despite the fact that consumers have begun returning in larger numbers to in-person shopping in the post-pandemic era, online retail continues to be the preferred means of holiday shopping for many.
  • TransUnion also revealed in the analysis the top types of fraudulent e-commerce transactions during the holiday shopping season.
  • The increase of suspected digital fraud during the traditional busiest days of the holiday shopping season occurred as consumers express concern about being victimized.
  • TransUnions 2022 Consumer Holiday Shopping Survey conducted in August 2022 found that 54% of American consumers are concerned with being victimized by online fraud this holiday season, a 17% increase from last year.

Anaplan Appoints Charles Gottdiener as CEO and Member of the Board of Directors to Drive Next Phase of Growth

Retrieved on: 
Thursday, December 1, 2022

Mr. Gottdiener joins Anaplan after four years at Neustar where he was President and CEO.

Key Points: 
  • Mr. Gottdiener joins Anaplan after four years at Neustar where he was President and CEO.
  • Charlie is a leader with the expertise and acumen to advance the companys vision while undergoing an important transformation to profitable growth.
  • Charlie is a natural choice to shepherd Anaplan into its next phase of growth, said Tara Gadgil, Anaplan Board Member and Thoma Bravo Partner.
  • Prior to Neustar, Mr. Gottdiener held numerous senior leadership, interim CEO, and Board roles at Providence Equity Partners.

AWS Announces AWS Clean Rooms

Retrieved on: 
Tuesday, November 29, 2022

With AWS Clean Rooms, customers can create a secure data clean room in minutes and collaborate with any other company in the AWS Cloud to generate unique insights about advertising campaigns, investment decisions, clinical research, and more.

Key Points: 
  • With AWS Clean Rooms, customers can create a secure data clean room in minutes and collaborate with any other company in the AWS Cloud to generate unique insights about advertising campaigns, investment decisions, clinical research, and more.
  • Customers can use AWS Clean Rooms to create their own clean rooms in minutes and to start analyzing their collective datasets with just a few clicks.
  • With AWS Clean Rooms, customers can easily collaborate with companies that are already using AWS, without moving data out of their AWS environment or loading it into another platform.
  • With AWS Clean Rooms, we will meet our customers where they are in the AWS Cloud, pairing our identity capabilities with AWS Clean Rooms privacy-enhancing data access controls.

myFICO: 7 Commonly Missed FICO® Score Facts

Retrieved on: 
Tuesday, November 29, 2022

Whether you're getting started building your FICO Score or you just want to learn more about how your score works, here are some facts you may not know, from myFICO.

Key Points: 
  • Whether you're getting started building your FICO Score or you just want to learn more about how your score works, here are some facts you may not know, from myFICO.
  • While the FICO Score calculation uses data found on your credit reports with Experian, Equifax and TransUnion, FICO does not maintain its own database of credit reports, and it's not owned by the credit bureaus.
  • Having a good FICO Score is crucial to a solid financial plan, so it's important to understand how your score works and how your actions impact it.
  • myFICO is the consumer division of FICO get your FICO Scores from the people that make the FICO Scores.

PARK PLACE TECHNOLOGIES HIRES HYUNE HAND AS PRESIDENT OF SALES AND MARKETING, CHIEF OF STAFF

Retrieved on: 
Tuesday, November 29, 2022

"Hyune's proven success -- managing customer portfolios, retaining an install base, and strategizing revenue growth -- gives us full confidence in her future with Park Place," Adams said. "Hyune adds an impressive leadership dynamic and skill set to our leadership team. Given her impressive background and talents, Hyune will be a key player in our mission to be the premier data center and networking optimization firm in the world."

Key Points: 
  • CLEVELAND, Nov. 29, 2022 /PRNewswire/ -- Park Place Technologies, the leadingglobal data center and networking optimization firm, has hired Hyune Hand as President, Sales and Marketing, and Chief of Staff.
  • Fluent in English, Korean and Portuguese, Hand has experience managing globally dispersed, operationally intensive businesses across more than 100 countries.
  • As President, Sales and Marketing, Chief of Staff, Hyune's primary responsibilities include driving strategic growth in Park Place's Sales and Marketing functions and working closely with President and CEO Chris Adams as Chief of Staff to drive other essential projects for the company.
  • Park Place's industry-leading and award-winning services include Park Place Hardware Maintenance, Park Place Professional Services, ParkView Managed Services, Entuity Softwareand Curvature Hardware sales.

PARK PLACE TECHNOLOGIES HIRES HYUNE HAND AS PRESIDENT OF SALES AND MARKETING, CHIEF OF STAFF

Retrieved on: 
Tuesday, November 29, 2022

"Hyune's proven success -- managing customer portfolios, retaining an install base, and strategizing revenue growth -- gives us full confidence in her future with Park Place," Adams said. "Hyune adds an impressive leadership dynamic and skill set to our leadership team. Given her impressive background and talents, Hyune will be a key player in our mission to be the premier data center and networking optimization firm in the world."

Key Points: 
  • CLEVELAND, Nov. 29, 2022 /PRNewswire/ -- Park Place Technologies, the leadingglobal data center and networking optimization firm, has hired Hyune Hand as President, Sales and Marketing, and Chief of Staff.
  • Fluent in English, Korean and Portuguese, Hand has experience managing globally dispersed, operationally intensive businesses across more than 100 countries.
  • As President, Sales and Marketing, Chief of Staff, Hyune's primary responsibilities include driving strategic growth in Park Place's Sales and Marketing functions and working closely with President and CEO Chris Adams as Chief of Staff to drive other essential projects for the company.
  • Park Place's industry-leading and award-winning services include Park Place Hardware Maintenance, Park Place Professional Services, ParkView Managed Services, Entuity Softwareand Curvature Hardware sales.

Consumer Credit Health Appears Stable Despite High Interest Rates and Inflation

Retrieved on: 
Tuesday, November 29, 2022

SAN FRANCISCO, Nov. 29, 2022 /PRNewswire/ -- VantageScore released today November's CreditGauge, a monthly analysis designed to track consumer credit health in the United States. Overall consumer credit health appears stable as October's average VantageScore credit score was 697, which has been consistent over the last few months.

Key Points: 
  • Overall consumer credit health appears stable as October's average VantageScore credit score was 697, which has been consistent over the last few months.
  • Inflation also appears to be impacting consumer spending as average credit card utilization rates and balances increased both year-over-year and month-over-month.
  • Rising interest rates and prices combined with strong consumer demand contributed to the rising balances.
  • MORTGAGE SLOWDOWN:Across the US, mortgage interest rates are near a two-decade high resulting in weak new mortgage activity.

US Agency Awards Crowns Wpromote Innovative Agency of the Year

Retrieved on: 
Tuesday, November 29, 2022

EL SEGUNDO, Calif., Nov. 29, 2022 /PRNewswire/ -- Wpromote was named Innovative Agency of the Year at the US Agency Awards last week. Judges recognized the significant advances Wpromote has made since launching their proprietary marketing platform Polaris late last year.

Key Points: 
  • The win spotlights the value of Polaris, Wpromote's unique proprietary technology
    EL SEGUNDO, Calif., Nov. 29, 2022 /PRNewswire/ -- Wpromote was named Innovative Agency of the Year at the US Agency Awards last week .
  • Judges recognized the significant advances Wpromote has made since launching their proprietary marketing platform Polaris late last year.
  • That represented a major differentiator for Wpromote in the market, particularly as an independent agency.
  • This is the second award specifically for innovation for Wpromote in 2022 after earning a win from Campaign US as Digital Innovation Agency of the Year.

Canadian Consumer Credit Market Driven by Strong Credit Activity

Retrieved on: 
Tuesday, November 29, 2022

TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- TransUnion today released the findings of its Canada Q3 2022 Credit Industry Insights Report (CIIR) , which shows that more Canadian consumers are utilizing credit.

Key Points: 
  • TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- TransUnion today released the findings of its Canada Q3 2022 Credit Industry Insights Report (CIIR) , which shows that more Canadian consumers are utilizing credit.
  • Credit participation reached a new record high, with 27.9 million Canadians having active credit products with a total outstanding balance of $2.29 trillion.
  • Rising CII levels generally indicate an improvement in the overall activity and health of the consumer credit market, which in the most recent quarter was primarily propelled by the strong credit activity due to balance growth and continued higher spend levels, said Matt Fabian, director of financial services research and consulting at TransUnion in Canada.
  • Overall, non-mortgage debt increased by 2.0% YoY, driven by increased credit card and line of credit balances.