TransUnion News Archives

Buy now pay later basics: 5 things to know before you shop

Buy now pay later basics: 5 things to know before you shop

When checking out at your favorite online store, you may have seen the option to “Buy Now Pay Later.” Buy now pay later (BNPL) programs are becoming more common as retailers partner with companies to [...]

What parents need to know about child identity theft

What parents need to know about child identity theft

You may have considered identity protection measures for yourself. But how about for your children? Children can’t apply for credit on their own until they’re 18, and they likely have few financial assets. [...]

Credit freeze vs lock: What’s the difference?

Credit freeze vs lock: What’s the difference?

You may have heard about credit freezes and credit locks. But did you know there are differences between them? Both a credit lock and credit freeze block access to your credit report. They prevent anyone [...]

Big gains for all four credit sectors in Q2 2021

Big gains for all four credit sectors in Q2 2021

The Q2 2021 data is out, and it points to a strong recovery for the financial services industry, according to the TransUnion Q2 2021 Quarterly Credit Industry Insights Report (CIIR). As we hit the mid-point [...]

Perspectives on the credit union market

Perspectives on the credit union market

Credit Union Performance Metrics Q2 was encouraging for credit unions in a number of categories. Originations soared with 36.3% YoY growth; perhaps unsurprising given the state of the nation one year ago in Q2 [...]

As COVID-19 lockdowns lift, fraudsters shift focus

As COVID-19 lockdowns lift, fraudsters shift focus

What’s the impact on digital fraud as countries ease COVID-19 lockdown restrictions? We recently analyzed billions of transactions in our flagship identity proofing, risk-based authentication and fraud analytics solution suite — TransUnion TruValidate™ — and found [...]

Effectively tapping into emerging UPL demand

Effectively tapping into emerging UPL demand

The COVID-19 pandemic profoundly impacted consumers and commerce.  The crisis and resulting shutdowns drove unprecedented changes in borrowing trends. Today, understanding consumers’ financial and lifestyle changes is even more crucial for lenders.  Leveraging multiple data [...]

Most common purchases with stolen credit card information

Most common purchases with stolen credit card information

Seeing unauthorized charges on your bank statement or app can cause quite a scare. If this has happened to you, you’re not alone. Credit card fraud is an unfortunately common digital fraud scheme. Now, [...]

Optimizing the customer journey beyond the pandemic

Optimizing the customer journey beyond the pandemic

As world economies grapple with lingering impacts of the COVID-19 pandemic, businesses that are laser-focused on and actively investing in digital transformation will thrive — as evidenced by two-thirds of executives already indicating increased investment.1 [...]

How long does bankruptcy stay on your credit report?

How long does bankruptcy stay on your credit report?

If you’ve made the hard choice to file for bankruptcy, you may be wondering about the impact on your credit. Specifically, how long does bankruptcy stay on your credit report? As you’ll see [...]