TRU

Aquis Stock Exchange: Application for Admission Announcement

Retrieved on: 
Tuesday, August 22, 2023

The current directors will remain on the Board following the listing on Aquis Stock Exchange.

Key Points: 
  • The current directors will remain on the Board following the listing on Aquis Stock Exchange.
  • He is currently a non-executive Director of Conroy Gold and Natural Resources plc and Karelian Diamond Resources plc.
  • Brendan is Chair of the Audit Committee and is a member of the Remuneration Committee and Technical and ESG Committee.
  • On admission to AQSE, Ormonde would be akin to an enterprise company with two investments already completed and sufficient working capital.

Following Rapid Rise in Credit Card Use, More Consumers Now Using Unsecured Personal Loans to Consolidate Debt

Retrieved on: 
Thursday, August 17, 2023

CHICAGO, Aug. 17, 2023 (GLOBE NEWSWIRE) -- A new TransUnion (NYSE: TRU) study, “Debt Consolidation in a Rising Economy,” found that amidst a period of growth in credit card balances and originations, consumers continue to turn to unsecured personal loans as a way to consolidate high interest credit card debt.

Key Points: 
  • CHICAGO, Aug. 17, 2023 (GLOBE NEWSWIRE) -- A new TransUnion (NYSE: TRU) study, “Debt Consolidation in a Rising Economy,” found that amidst a period of growth in credit card balances and originations, consumers continue to turn to unsecured personal loans as a way to consolidate high interest credit card debt.
  • The study examined which consumers were turning to unsecured personal loans (UPL) for credit card debt consolidation as opposed to those who used them to refinance existing UPLs, or for other purposes.
  • The study found that credit card debt consolidators saw a decrease in their credit card balances of 57%, on average, after consolidating.
  • “After paying off credit card debt and increasing open to buy on their cards, these consumers not only save on interest over time, but they also see an improvement to their credit scores.”
    Credit Card Debt Consolidators Saw Significant Declines in Credit Card Debt Following UPL Origination, But for Many It Did Not Last

Auto Insurance Shopping Bolstered by Increased Vehicle Sales and Search for Lower Rates

Retrieved on: 
Tuesday, August 15, 2023

CHICAGO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Auto insurance shopping rates were up 12% in Q2 2023, compared to the same time in 2022.

Key Points: 
  • CHICAGO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Auto insurance shopping rates were up 12% in Q2 2023, compared to the same time in 2022.
  • While vehicle sales played a role in this increase, the search for lower insurance premiums was the primary driver, as the Consumer Price Index for motor vehicle insurance rose 17% in June 2023, compared to June 2022.
  • Despite historically high vehicle pricing and increased auto insurance premiums, J.D.
  • “Lower risk consumers have been consistently shopping at higher rates for the past 12 months.”

For the Fourth Time, TRU Staffing Partners Makes the Inc. 5000

Retrieved on: 
Tuesday, August 15, 2023

This is the fourth time over the last seven years that the leading talent firm has made the list.

Key Points: 
  • This is the fourth time over the last seven years that the leading talent firm has made the list.
  • This recognition — for the fourth time and for the second consecutive year — is a testament to TRU Staffing Partners’ commitment to providing exceptional services to its clients and candidates alike.
  • “We are thrilled to be recognized by Inc. magazine for the fourth time as one of the fastest-growing companies in the country,” said Jared Coseglia, Founder and CEO of TRU Staffing Partners.
  • TRU Staffing Partners looks forward to further solidifying its position as a trailblazer in the ediscovery, data privacy, and cybersecurity staffing domain, while also exploring new avenues for expansion and innovation.

Living-Wage Job Market Takes a Hit; Hispanic Workers Bear the Brunt

Retrieved on: 
Wednesday, August 16, 2023

WASHINGTON, Aug. 16, 2023 /PRNewswire/ -- Even though inflation has moderated significantly in recent months, it appears to have been at the expense of low-wage workers, with the "functional unemployment" rate jumping by 1.2 percentage points for July, according to the True Rate of Unemployment (TRU) report by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • By contrast, the U.S. Bureau of Labor Statistics (BLS) reported a decrease in the official jobless rate, from 3.6% to 3.5%.
  • "While boosting interest rates has had the intended effect of curbing higher prices, it has had a detrimental impact on those who can least afford it.
  • It's a situation where the cure may be just as deadly as the ailment."
  • "When one demographic group continues to be disproportionately affected by current economic conditions, it's a concerning trend well worth watching," Ludwig said.

TransUnion Declares Second Quarter 2023 Dividend of $0.105 per Share

Retrieved on: 
Wednesday, August 9, 2023

CHICAGO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced that its Board of Directors declared a cash dividend of $0.105 per share for the second quarter 2023. The dividend will be payable on September 7, 2023, to shareholders of record on August 23, 2023.

Key Points: 

CHICAGO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced that its Board of Directors declared a cash dividend of $0.105 per share for the second quarter 2023. The dividend will be payable on September 7, 2023, to shareholders of record on August 23, 2023.

TransUnion Research Finds Outdated Contact Data Negatively Impacts Customer Contactability, While Increasing Susceptibility to Compliance And Other Risks

Retrieved on: 
Wednesday, August 2, 2023

Prior research showed close to 90% of business calls to consumers go unanswered and only one in five emails are opened.

Key Points: 
  • Prior research showed close to 90% of business calls to consumers go unanswered and only one in five emails are opened.
  • As a result, many businesses are left with operational inefficiencies, reduced revenue, an increased susceptibility to compliance violation risk, and a poor customer experience.
  • “Enterprises have a lot of customer contact data, but what matters is the accuracy and quality of that information,” said Robert McKay, TransUnion senior vice president, TruContact Customer Contact Intelligence solutions.
  • This online survey of 1,510 adults was conducted in March 2023, by TransUnion in partnership with third-party research provider, Dynata.

TRU Staffing Partners Introduces New Skills Assessment Developed for DISCO’s Leading Legal Technology

Retrieved on: 
Tuesday, August 1, 2023

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- TRU Staffing Partners, a globally recognized award-winning talent agency and three-time Inc. 5000 Fastest-Growing U.S. company, today announced the launch of its latest skills self-assessment, specifically designed for DISCO’s leading AI-driven legal technology company DISCO.

Key Points: 
  • NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- TRU Staffing Partners, a globally recognized award-winning talent agency and three-time Inc. 5000 Fastest-Growing U.S. company, today announced the launch of its latest skills self-assessment, specifically designed for DISCO’s leading AI-driven legal technology company DISCO.
  • This innovative assessment tool assists legal professionals in evaluating their proficiency and expertise with DISCO’s cutting-edge suite of legal software solutions.
  • “For over a decade, TRU has helped job seekers in ediscovery, data privacy, and cybersecurity differentiate themselves from the competition by pairing customized TRU skills self-assessments with resumes or CVs when we represent them to our clients,” said Jared Coseglia, Founder & CEO of TRU Staffing Partners.
  • Recognizing the significance and impact of the company’s comprehensive legal technology software suite, TRU Staffing Partners and DISCO co-created this skills assessment program to help individuals gain a deeper understanding of their DISCO proficiency and identify areas for improvement.

TruContact Phone Behavior Intelligence and Dialer Intelligence Wins TMC 2023 Contact Center Technology Award

Retrieved on: 
Thursday, July 27, 2023

CHICAGO, July 27, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced that TMC , a global, integrated media company, has named TruContact™ Phone Behavior Intelligence (PBI) and Dialer Intelligence , powered by Neustar® a 2023 Contact Center Technology Award winner.

Key Points: 
  • CHICAGO, July 27, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced that TMC , a global, integrated media company, has named TruContact™ Phone Behavior Intelligence (PBI) and Dialer Intelligence , powered by Neustar® a 2023 Contact Center Technology Award winner.
  • “Congratulations to TransUnion for being awarded a 2023 CUSTOMER Magazine Contact Center Technology Award.
  • The TruContact Phone Behavior Intelligence and Dialer Intelligence products have been selected for demonstrating innovation, quality and unique features, which have had a positive impact on the customer experience,” said Rich Tehrani , CEO, TMC.
  • “We’re pleased to recognize their achievement.”
    “We’re honored to receive this award for our solutions,” said Robert McKay, TransUnion senior vice president, TruContact Customer Contact Intelligence Solutions.

TransUnion Announces Second Quarter 2023 Results

Retrieved on: 
Tuesday, July 25, 2023

Net income attributable to TransUnion was $54 million for the quarter, compared with $96 million for the second quarter of 2022.

Key Points: 
  • Net income attributable to TransUnion was $54 million for the quarter, compared with $96 million for the second quarter of 2022.
  • Net income attributable to TransUnion margin was 5.6 percent, compared with 10.1 percent in the second quarter of 2022.
  • Adjusted Net Income was $166 million for the quarter, compared with $190 million for the second quarter of 2022.
  • Adjusted EBITDA was $339 million for the quarter, a decrease of 3 percent (2 percent on a constant currency basis), compared with the second quarter of 2022.