TransUnion Stock Price, News & Analysis

TransUnion reported significant behavioral shifts as nearly five billion visits to government websites occurred over 90 days, revealing that only 35% of users found their experiences 'easy.'

This report outlines trends for 2022, emphasizing improved service delivery, equity for underserved populations, and enhanced citizen engagement. Notably, 98% of Americans can now be reached online, and 82% used digital payment technology in 2021. TransUnion aims to support government agencies in optimizing service access and engagement, particularly for low-income households, 41% of which struggle to pay bills.

Acxiom has announced a strategic partnership with TransUnion via the TruAudience Data Marketplace, enhancing brands’ access to Acxiom’s marketing audiences across streaming platforms. This collaboration allows advertisers to refine their digital audience strategies within environments like CTV, audio, and gaming. Acxiom claims to have the most precise addressable marketing data for U.S. individuals aged 18 and older, boasting a 95% contract renewal rate. The TruAudience Data Marketplace aims to improve omnichannel campaign effectiveness while ensuring data privacy.

nThrive has successfully acquired TransUnion Healthcare, bolstered by Clearlake Capital. This acquisition combines nThrive's revenue cycle management solutions with TransUnion's healthcare data analytics, creating a comprehensive offering for healthcare organizations. The unified platform aims to enhance patient access, improve financial outcomes, and optimize care for payors by utilizing Social Determinants of Health data. The partnership is projected to drive significant growth and streamline healthcare operations across North America.

TransUnion (NYSE: TRU) has successfully completed the sale of TransUnion Healthcare to nThrive for $1.735 billion in cash, expected to yield approximately $1.4 billion in after-tax proceeds. The acquisition enhances nThrive's revenue cycle management capabilities. This divestiture allows TransUnion to focus more on its core offerings in credit, marketing, and fraud mitigation solutions. The deal was advised by Centerview Partners LLC and Latham & Watkins LLP.

TransUnion's 2022 Insurance Trends Report highlights a shift towards digital processes in the insurance industry, accelerated by the pandemic. A survey of 2,761 U.S. insurance consumers revealed that 52% prefer digital channels for interactions. Telematics options in auto insurance are gaining traction, with 49% opting in and nearly half reporting reduced rates. However, concerns remain about the fairness of credit-based insurance scores. Insurers are urged to address these challenges to enhance consumer trust and adoption of digital practices.

TransUnion forecasts a robust lending environment in 2022, with credit origination levels for auto loans, credit cards, and personal loans anticipated to return to pre-pandemic levels. Non-prime consumers will increasingly participate in the market, with auto loan originations expected to rise to 28.9 million, and personal loans foreseen to grow for seven consecutive quarters. The report highlights a healthy economy, strong consumer performance, and stable delinquency rates as factors driving these trends, despite potential risks from economic shocks and inflation.

Neustar, a TransUnion company, has announced that its Certified Caller service can now verify international calls between the U.S. and Canada. This initiative, which aligns with the STIR/SHAKEN call authentication standards, allows for real-time verification, enhancing consumer protection against spoofed calls. The feature is available to all communication service provider customers at no additional cost, facilitating a streamlined process for international call authentication.

Neustar, a TransUnion company, has partnered with BERA to enhance its Neustar Optimizer™ platform. This integration allows brands to connect crucial brand health metrics with marketing investments, improving the evaluation of branding's long-term business impact. Marketers can now utilize predictive analytics to adjust their strategies, aiming for enhanced customer acquisition and brand advocacy. The partnership boosts Neustar's capability to deliver actionable insights, potentially increasing sales and marketing efficiency for clients.

TransUnion analysis reveals that integrating rental tradeline data into credit reports enhances delinquency prediction accuracy by over 10%. The findings indicate that including rent payment history significantly improves the ability to forecast a consumer's likelihood of missing payments on various credit obligations within 12 months. This approach could aid in promoting financial inclusion by encouraging landlords to report rental data, thereby helping millions build their credit history.