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TransUnion Announces Rebrand of its Business Solutions with Focus on Providing a Tru™ Picture of Consumers

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TransUnion (NYSE: TRU) has announced a comprehensive rebranding of its global business solutions, which will be implemented first in the U.S. This initiative organizes thousands of B2B products into seven solution lines, enhancing customer navigation through its offerings. The rebrand, driven by acquisitions of Neustar and Sontiq, aims to clarify product offerings and expand beyond credit into areas such as fraud management and marketing solutions. The seven new lines include TruAudience™, TruValidate™, TruVision™, TruIQ™, TruEmpower™, TruLookup™, and TruContact™, designed to deliver actionable consumer insights and improve customer experience.

Positive
  • Rebranding initiative clarifies and organizes product offerings for better customer navigation.
  • Expansion into fraud management and marketing solutions via acquisitions strengthens market position.
  • Introduction of seven new solution lines allows for enhanced consumer insights and improved service offerings.
Negative
  • None.

Rebrand brings together solutions from recent acquisitions and allows customers to better navigate the product portfolio

CHICAGO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) announced today the rebranding of its global lines of business solutions. Rolling out first in the U.S., the enterprise initiative organizes thousands of existing B2B products into seven solution lines, defined by business need and unified by a promise to deliver a Tru™ picture of consumers – a robust, multi-layered and actionable view of each person, stewarded with care.

Through organic investment and the acquisitions of Neustar and Sontiq, TransUnion has built upon its expertise in consumer identity to expand beyond credit into fraud management, marketing solutions and communications.

“TransUnion’s rebrand clarifies our product offerings and better demonstrates our expertise in both our heritage and new markets, while also making it easier for customers to find what they need,” said Chris Cartwright, President and CEO of TransUnion. “It’s the next logical step in the company’s evolution. We can now offer more powerful consumer insights than ever before, allowing us to meet the needs of our customers in more ways, and at a much deeper level.”

TransUnion’s seven, newly organized global solutions lines include:

  • TruAudience™: the next generation of privacy-enhanced, identity data enriched, omnichannel audience targeting, and advanced analytics to transform marketing and media performance. In addition to all TransUnion marketing products, TruAudience has expanded to include all marketing offerings from Neustar.
  • TruValidate™: fraud prevention and identity proofing products that secure trust across channels and deliver seamless experiences for consumers. In addition to all of TransUnion’s fraud products, TruValidate has expanded to include all fraud offerings from Neustar.
  • TruVision™: risk management products that enable clients to more precisely balance risk and opportunity to identify and manage best-fit customers across the account lifestyle. TruVision includes all TransUnion risk products, including those formerly known as CreditVision®, CreditVision® Link and DriverRisk. This line also includes other credit-risk products for financial services, insurance, tenant and employment and more.
  • TruIQ™: advanced analytics products and services that provide custom insights to help organizations make better, data-driven decisions faster, through consulting services and technologies. TruIQ includes offerings formerly known as Prama® and Innovation Lab, as well as other custom analytic services.
  • TruEmpower™: consumer engagement products that help businesses deepen consumer relationships by enabling them to understand, manage and protect their financial health and identity, through credit and identity protection tools and education. TruEmpower includes all products our customers and channel partners may offer to their consumers, including what was formerly known as CreditView Dashboard®. It also includes offerings from IdentityForce® and Cyberscout®.
  • TruLookup™: investigative products that deliver actionable information to help organizations conduct faster due diligence or issue resolution, and includes TLOxp® as the primary delivery platform.
  • TruContact™: communications and contact center products help restore trust in communications, enhance customer outreach with authoritative identity, and streamline delivery of telecom connectivity services. TruContact includes products from Neustar Communications and Contact Center Solutions.

“Ultimately, we believe the rebrand will simplify our offerings and allow customers from disparate industries such as financial services and media and entertainment to easily navigate our product portfolio and capitalize on the Tru picture that TransUnion offers, no matter what the use case,” concluded Tim Martin, Chief Global Solutions Officer, TransUnion.

To learn more about the seven solution lines, please visit the newly re-designed TransUnion website at www.transunion.com/business.

About TransUnion (NYSE:TRU) 

TransUnion is a global information and insights company with over 12,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

Contact Dave Blumberg
  TransUnion
   
E-mail david.blumberg@transunion.com
   
Telephone 312-972-6646

FAQ

What are the new solution lines introduced by TransUnion (TRU)?

TransUnion has introduced seven new solution lines: TruAudience™, TruValidate™, TruVision™, TruIQ™, TruEmpower™, TruLookup™, and TruContact™.

How does the rebranding of TransUnion (TRU) impact its market offerings?

The rebranding organizes existing products into clearer categories, enhancing customer navigation and showcasing TransUnion's expertise in various markets.

What acquisitions contributed to TransUnion's (TRU) expanded service offerings?

TransUnion's acquisitions of Neustar and Sontiq have been pivotal in expanding its expertise and service offerings beyond credit.

When was the rebranding of TransUnion (TRU) announced?

The rebranding was announced on February 21, 2023.

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