TransUnion Stock Price, News & Analysis

TransUnion Healthcare and RIP Medical Debt have enhanced their partnership to alleviate medical debt burdens for U.S. patients. This collaboration has relieved over $5 billion in medical debt affecting nearly 3 million individuals. The updated model integrates TransUnion's data-driven insights into hospitals' revenue processes, facilitating the identification of patients in financial distress. The partnership aims to further empower healthcare providers to reduce uncollectible debt and improve patient support, thereby fostering better community health outcomes.

TransUnion (NYSE: TRU) announced a conference call regarding its agreement to acquire Neustar, scheduled for today at 9:00 a.m. CDT. The call will be led by President and CEO Chris Cartwright and CFO Todd Cello. This acquisition is expected to enhance TransUnion's information offerings and market presence, improving economic opportunities for businesses and consumers alike. The press release and presentation materials are available on the company's Investor Relations website, with a replay of the call also accessible afterwards.

TransUnion (NYSE: TRU) announced its largest acquisition to date, acquiring Neustar for $3.1 billion in cash. The deal, expected to close in Q4 2021, enhances TransUnion's identity resolution capabilities, anticipated to generate $575 million in revenue and $115 million in Adjusted EBITDA by 2021. The acquisition aims to drive growth through revenue synergies and strengthen fraud mitigation and digital marketing solutions. TransUnion expects the transaction to positively impact Adjusted Diluted EPS starting in 2023, diversifying its offerings beyond core credit services.

TransUnion's new research brief highlights strategies for credit unions to enhance loan growth and financial inclusion post-COVID-19. The study emphasizes the importance of trended and alternative data in improving lending practices, allowing institutions to better assess members’ financial situations. While many credit unions aim to adapt to changing dynamics and serve diverse populations, barriers such as technology adoption and costs remain significant, particularly for smaller institutions. The findings suggest that engaging underserved communities can lead to responsible growth in the current economic climate.

TransUnion (NYSE: TRU) will present at the Barclays Global Financial Services Conference on September 14, 2021, at 9:30 a.m. CDT. Chris Cartwright, President and CEO, and Steve Chaouki, President, U.S. Markets and Consumer Interactive, will lead the presentation. Investors can access a live webcast through the TransUnion Investor Relations website. Following the event, a replay will be made available online. TransUnion is a global insights company offering important data for businesses and consumers to establish trust in transactions.

TransUnion's latest report indicates a recovery in the personal lines insurance marketplace, approaching pre-pandemic levels. In Q2 2021, property insurance shopping outpaced auto insurance shopping, rising 7.2% compared to the previous year, while auto insurance showed a modest increase of 2.9%. The report highlights a growing interest among Millennials and Gen Z in shopping for auto insurance, especially among higher-risk consumers. Economic recovery is driving these trends as employment improves and financial incentives, such as tax rebates, become available.

TransUnion’s Consumer Pulse study illustrates ongoing financial impacts of COVID-19, revealing that 30% of U.S. consumers reported negative effects on household income, down from 38% in Q1 2021. The study, based on a survey of 3,085 participants, indicates increased concerns about future income declines, particularly among Millennials, where 46% reported income drops. Consumer habits are shifting, with 30% planning to increase online purchases due to rising COVID-19 cases. Notably, 21% of respondents reported boosting emergency savings, reflecting a proactive financial approach amid uncertainty.

TransUnion (NYSE: TRU) has launched TruAudience® solutions, a suite designed to enhance identity and data capabilities for businesses. This initiative integrates technologies and expertise from three significant acquisitions: Tru Optik, Signal Digital, and TruSignal, developed over 2.5 years. TruAudience provides insight into 98% of U.S. adults and offers three core services: TruAudience Identity, TruAudience Data Marketplace, and TruAudience Platform, enabling precise, scalable audience targeting across various media.

TransUnion's Q2 2021 Credit Industry Insights Report indicates a strong recovery in the financial services sector post-COVID-19. Key findings include a 76% YoY increase in mortgage originations and a 16% rise in auto loans. The new Credit Industry Indicator (CII) rose to 128, surpassing pre-pandemic levels, reflecting improved lender confidence. Auto delinquencies are at 1.23%, while credit card utilization shows resilience with historically low delinquency rates. The report suggests sustained consumer demand, aided by low-interest rates and improved credit health.