TRU

TRU Staffing Partners Named Finalist in Legalweek Leaders in Tech Law Innovation Awards

Retrieved on: 
Thursday, January 4, 2024

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- TRU Staffing Partners, a globally recognized award-winning talent agency and four-time Inc. 5000 Fastest-Growing U.S. company, today announced its selection as a finalist in the “Innovation in Hiring, Staffing & Recruitment” category for the 2024 Legalweek Leaders in Tech Law Awards.

Key Points: 
  • NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- TRU Staffing Partners, a globally recognized award-winning talent agency and four-time Inc. 5000 Fastest-Growing U.S. company, today announced its selection as a finalist in the “Innovation in Hiring, Staffing & Recruitment” category for the 2024 Legalweek Leaders in Tech Law Awards.
  • The winners will be unveiled on Monday, January 29th, kicking off Legalweek New York at the Hilton Midtown New York.
  • The Legalweek Leaders in Tech Law Awards recognize and celebrate innovation in the legal technology sector, spotlighting individuals and organizations driving game-changing projects and initiatives.
  • To learn more, or to schedule a meeting with TRU during Legalweek, click here .

Rocketer and TransUnion Announce Data Collaboration to Maximize High-Quality Customers for Insurance Providers

Retrieved on: 
Tuesday, December 12, 2023

Rocketer Powered By TruAudience recently completed a digital advertising campaign that delivered unprecedented results for a US-based life insurance company.

Key Points: 
  • Rocketer Powered By TruAudience recently completed a digital advertising campaign that delivered unprecedented results for a US-based life insurance company.
  • Rocketer used revenue per customer and return on ad spend as the basis for lookalike data, instead of metrics like completing an application or requesting a quote.
  • TransUnion has been instrumental in providing the data collaboration that accomplished our client’s marketing goals,” said Dan Thut, COO at Rocketer.
  • We’re looking forward to continuing this collaboration with Rocketer and helping insurance companies drive maximum value from their ad spend.”
    To learn more about Rocketer, visit https://www.rocketer.com/ .

Canadian Credit Market Reaches Record High Participation

Retrieved on: 
Tuesday, December 5, 2023

Total Canadian credit active consumers holding at least one credit product at an all time high of 31.2 million.

Key Points: 
  • Total Canadian credit active consumers holding at least one credit product at an all time high of 31.2 million.
  • This was fuelled by a surge of Generation Z consumers (born 1995-2010) and new Canadian immigrants entering the credit market.
  • While demand from these diverse groups of consumers, including new-to-credit borrowers, led the growth of the Canadian credit market during Q3 2023, consumers across all risk tiers* showed increased demand for credit.
  • This growth was primarily led by the rising consumer credit participation as balances and the number of consumers in the credit market have continued to grow.

TransUnion and FreeWheel Announce Expanded Partnership to Improve Audience Match Rates in TV Advertising Ecosystem

Retrieved on: 
Tuesday, November 28, 2023

CHICAGO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced an expanded partnership with FreeWheel , a global technology platform for the television advertising industry.

Key Points: 
  • CHICAGO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced an expanded partnership with FreeWheel , a global technology platform for the television advertising industry.
  • The result is a new solution that allows publishers and programmers in the TV ad ecosystem to greatly improve their audience match rates.
  • It does this by leveraging the FreeWheel Identity Network to better pair TransUnion audience segments with FreeWheel’s inventory sources.
  • With more data at hand, publishers’ and programmers’ match rates improve across their value chain, helping them avoid over-targeting the same households across separate devices and audience definitions.

Living-Wage Job Market Growing Stronger, Says Ludwig Institute

Retrieved on: 
Wednesday, December 20, 2023

WASHINGTON, Dec. 20, 2023 /PRNewswire/ -- On average workers appear to be benefitting from a robust job market, with the percentage of workers unable to find a living-wage job at the lowest level in six months, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • WASHINGTON, Dec. 20, 2023 /PRNewswire/ -- On average workers appear to be benefitting from a robust job market, with the percentage of workers unable to find a living-wage job at the lowest level in six months, according to the monthly True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).
  • Workers benefit from robust job market; percent of workers with living-wage jobs at six-month high.
  • This is the fourth consecutive month the TRU has trended downward, and the lowest level since the June rate of 21.7%.
  • It should be our collective resolution for the upcoming year to focus our efforts on helping those who need it the most."

In the EV Market, A Clearer Credit Picture of the EV Buyer Takes Shape

Retrieved on: 
Monday, November 20, 2023

The study examined the credit risk profiles of mainstream EV buyers -- as opposed to those buying vehicles designated as luxury models -- compared to the risk profiles of buyers of more traditional mainstream ICE (internal combustion engine) vehicles. The study found that the risk profiles of mainstream EV buyers were much more closely aligned with the risk profiles of luxury model buyers, whether EV or ICE, than buyers of mainstream ICE vehicles.

Key Points: 
  • The average credit score for mainstream buyers of EV autos stands at 774 and has not changed significantly between Q2 2022 and Q2 2023.
  • The study found that the risk profiles of mainstream EV buyers were much more closely aligned with the risk profiles of luxury model buyers, whether EV or ICE, than buyers of mainstream ICE vehicles.
  • The study found that more than 60% of mainstream EV buyers fell in the super prime credit risk range, which was in relative line with the percentages of buyers of luxury cars, both ICE and EV.
  • “Yet despite this growth in share, the credit profile of the mainstream EV buyer continues to remain stronger than that of the mainstream ICE buyer, something for lenders to consider when assessing appropriate lending options and risk.”

TransUnion Announces Next Step in Transformation Program to Reduce Costs, Accelerate Innovation and Drive Growth

Retrieved on: 
Wednesday, November 15, 2023

The Company will transition additional roles to its successful Global Capability Centers (GCCs) to improve productivity, reduce costs and fund growth.

Key Points: 
  • The Company will transition additional roles to its successful Global Capability Centers (GCCs) to improve productivity, reduce costs and fund growth.
  • TransUnion will also leverage Neustar’s cloud-native technology to create its next-generation integrated data management, identity resolution, analytics and delivery platform.
  • The Company believes these actions will reduce costs, accelerate innovation and increase organic growth.
  • We believe these investments will help optimize our global operating model and enhance our market-leading technology to reduce costs, accelerate innovation and drive growth.

Insurers’ Efforts to Improve Profitability Drive Auto and Property Insurance Shopping

Retrieved on: 
Tuesday, November 14, 2023

Auto and property insurance shopping rates were flat compared to Q2 2023 but elevated 12% and 6%, respectively, compared to Q3 2022.

Key Points: 
  • Auto and property insurance shopping rates were flat compared to Q2 2023 but elevated 12% and 6%, respectively, compared to Q3 2022.
  • The search for lower insurance premiums remains a primary driver of auto insurance shopping.
  • The Insurance Information Institute forecasted auto insurance premium growth of 10.4% in 2023—double the 5% premium growth from the previous year.
  • “These efforts have likely motivated consumers to expand their shopping activity with new insurers.”
    New vehicle sales were also a contributing factor.

Modives Teams With TransUnion to Reinvent Property Rental Screening

Retrieved on: 
Wednesday, December 13, 2023

As part of its innovative insurance authentication and monitoring solution launch for residential rental property, this week InsurTech Modives announced its collaboration with global information and insights leader TransUnion (NYSE: TRU) to grant further insight into prospective rental residents.

Key Points: 
  • As part of its innovative insurance authentication and monitoring solution launch for residential rental property, this week InsurTech Modives announced its collaboration with global information and insights leader TransUnion (NYSE: TRU) to grant further insight into prospective rental residents.
  • “Through our collaboration with TransUnion, Modives is providing property managers a completely new and innovative solution to mitigate risk.”
    TransUnion’s TruEmpower™ ShareAble solution bolsters Modives’ innovative and industry-leading renters insurance authentication by offering it alongside traditional screening services such as credit, background, eviction, and income reporting.
  • Modives’ 360° Screening and Authentication solution grants complete transparency in the application process and throughout the term of the lease.
  • Through this reimagination and enhancement of the traditional screening process, Modives delivers a unique perspective for property management professionals to better assess and mitigate risk.

Ascend reaches GHG abatement milestone

Retrieved on: 
Friday, December 1, 2023

This new equipment enhances improvements Ascend made in 2021 by adding a new control device and brings its total GHG reduction investments at the world's largest integrated nylon site to greater than $50 million.

Key Points: 
  • This new equipment enhances improvements Ascend made in 2021 by adding a new control device and brings its total GHG reduction investments at the world's largest integrated nylon site to greater than $50 million.
  • "We have worked to ensure that the sustainability improvements we make are both meaningful and long-lasting," said Chris Johnson, Ascend's senior director of sustainability.
  • "We are extremely proud of reaching this milestone and recognize that our sustainability work does not end here.
  • "Beyond emissions, we continue to tackle waste and water use, improve our safety performance, create careers that grow, and support our communities through our Ascend Cares Foundation."