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TransUnion - TRU STOCK NEWS

Welcome to our dedicated page for TransUnion news (Ticker: TRU), a resource for investors and traders seeking the latest updates and insights on TransUnion stock.

TransUnion (NYSE: TRU) is a global leader in information and insights, providing innovative solutions to businesses and individuals worldwide. Serving approximately 45,000 companies and over 500 million customers across 33 countries, TransUnion's mission is to empower economies by offering reliable and actionable consumer information.

Core Business: As one of the three leading credit bureaus in the United States, TransUnion is pivotal in the credit granting process. The company offers a wide range of services, including credit reporting, fraud detection, marketing, and advanced analytics. By leveraging its extensive data, TransUnion helps businesses manage risk, improve marketing strategies, and enhance customer experiences.

Recent Achievements and Partnerships: In April 2024, TransUnion partnered with GrowthLoop to enhance identity resolution and marketing solutions. This collaboration addresses the challenges marketers face due to low match rates in digital advertising, offering improved audience targeting and campaign efficacy.

Financial Condition and Global Presence: TransUnion generates about a quarter of its revenue from international markets, operating in over 30 countries. The company continues to expand its global footprint through strategic acquisitions and technology investments, ensuring robust financial health and sustained growth.

Products and Services:

  • Credit Information: Comprehensive consumer credit reports that support lending decisions.
  • Fraud Detection: Advanced solutions to identify and mitigate fraudulent activities.
  • Marketing Solutions: Data-driven strategies to enhance customer acquisition and retention.
  • Analytical Services: Insights and analytics that drive business intelligence and decision-making.

Current Projects: TransUnion is continuously innovating to improve its offerings. Recent initiatives include enhanced identity threat intelligence technology and updated consumer financial strain analysis, helping government agencies better support constituents during economic challenges.

Commitment to Trust and Innovation: TransUnion's motto, Information for Good®, reflects its dedication to fostering trust and economic opportunity. By providing a reliable and comprehensive view of consumers, TransUnion enables confident transactions and significant achievements for individuals and businesses alike.

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TransUnion (NYSE: TRU) to Present at J.P. Morgan Ultimate Services Investor Conference on November 16, 2023
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TransUnion (TRU) and Four Points Technology Secure Contract to Provide TruContact™ Trusted Call Solutions to U.S. Department of Veterans Affairs
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TransUnion's report reveals that 24% of households with children are dining out or ordering food more frequently, with 40% of them planning to spend more on restaurants upon returning to offices. Two-thirds of consumer households plan to spend at the same levels with restaurants as they did over the second and third quarters of the year.
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Fraud attacks on call centers have been increasing, according to a new TransUnion report. The report reveals that more than half of the respondents have seen a rise in fraud attacks on call centers from 2021 to 2022. In the financial industry, 90% of the respondents reported an increase in attacks, with one in five indicating a growth of over 80%. Maintaining customer account security has become a challenging task for call center organizations.
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TransUnion announces a cash dividend of $0.105 per share for the third quarter 2023, payable on December 4, 2023, to shareholders of record on November 17, 2023.
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TransUnion's Q4 2023 Consumer Pulse Study reveals that 65% of consumers with student loans were surprised by the resumption of loan repayments in October 2023. The study also shows that 49% of borrowers expected repayments to resume in 2024, while 14% believed it would happen in 2025 or later.
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TransUnion partners with AdQuick to enhance its out-of-home (OOH) advertising platform. The partnership integrates TruAudience's consumer insights platform and curated audience taxonomy with AdQuick's offerings, allowing advertisers to plan, execute, and buy OOH as part of holistic, omnichannel campaigns.
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TransUnion unveils TruEmpower™ Scam Blocker, a preventative solution against digital scams, now available for individuals, families, and small businesses. The solution is delivered through insurers and helps provide a safer online experience by blocking fraudulent websites, phishing attempts, and other cyber threats on mobile devices and laptops. TransUnion's internal analysis found an 80% increase in social engineering scam claims in the previous 18 months.
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TransUnion (NYSE: TRU) announced that Chris Cartwright, President and CEO, and Todd Cello, CFO, will present at the Baird Global Industrial Conference on November 7, 2023. The presentation will be webcasted live on the TransUnion Investor Relations website.
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TransUnion announces Q3 2023 financial results, reporting a 3% increase in revenue. The company prepaid $75 million in debt and revised its 2023 full-year guidance to account for moderating growth expectations.
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FAQ

What is the current stock price of TransUnion (TRU)?

The current stock price of TransUnion (TRU) is $99.13 as of November 22, 2024.

What is the market cap of TransUnion (TRU)?

The market cap of TransUnion (TRU) is approximately 19.3B.

What services does TransUnion offer?

TransUnion offers credit reporting, fraud detection, marketing solutions, and advanced analytics services.

How many countries does TransUnion operate in?

TransUnion operates in over 30 countries, serving businesses and consumers worldwide.

Who are TransUnion's customers?

TransUnion serves around 45,000 companies and over 500 million customers globally.

What is TransUnion's partnership with GrowthLoop about?

TransUnion partnered with GrowthLoop to enhance identity resolution and marketing capabilities, improving audience targeting and campaign effectiveness.

How does TransUnion contribute to economic opportunities?

TransUnion provides reliable consumer information and innovative solutions, enabling confident transactions and significant achievements for individuals and businesses.

What is TransUnion's motto?

TransUnion's motto is 'Information for Good®,' reflecting its commitment to trust and economic empowerment.

How does TransUnion help with fraud detection?

TransUnion offers advanced fraud detection solutions that identify and mitigate fraudulent activities to protect businesses and consumers.

What recent technological advancements has TransUnion made?

TransUnion has recently developed enhanced identity threat intelligence technology and updated consumer financial strain analysis to support better decision-making.

What is the significance of TransUnion's credit information services?

TransUnion's credit information services provide comprehensive consumer credit reports, which are essential for lending decisions and managing credit risk.

How does TransUnion support government agencies?

TransUnion's solutions help government agencies identify financial strains among constituents and provide differentiated support, improving access to critical programs and services.

TransUnion

NYSE:TRU

TRU Rankings

TRU Stock Data

19.26B
194.33M
0.25%
104.35%
2.23%
Financial Data & Stock Exchanges
Services-consumer Credit Reporting, Collection Agencies
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United States of America
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