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. [...]
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 [...]
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 [...]
A car is one of the biggest purchases you’ll ever make, and it can be a serious financial commitment. It’s worth the effort to shop for the right car at the right price, [...]
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 [...]
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 [...]
It’s exactly what you needed—a chance to get away and relax. But even when you’re on vacation, it’s important to protect yourself from scammers and identity thieves. Below are five tips [...]
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, [...]
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 [...]
Despite the turbulence of the last year due to the COVID-19 outbreak, the consumer credit market is poised to make a strong recovery. As detailed in the just-released Q1 2021 TransUnion Industry Insights Report, consumers [...]
As we slowly emerge from the global pandemic, credit unions (and all lenders) are evaluating their strategy, performance and member service models over the past 15 months. Many credit unions found efficiency in a more [...]
In a recent survey, 82% of executives across the globe said they believe digital wallet use will improve their company’s revenue over the next five years. The road to earning these revenues while securing [...]
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 [...]
The world changed drastically in 2020 as we grappled with the economic impacts of the COVID-19 pandemic. Changes in financial situations and stay-at-home orders caused a temporary — and in some cases, longer-term — shift in how [...]
Amid a pandemic-plagued 2020, community banks and credit unions rose to the occasion as reflected in: the disproportionate number of PPP loans that kept local communities afloat, the emergency loans and accommodations extended to struggling [...]
