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TransUnion Recognized for Best Authentication Innovation by Datos Insights

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TransUnion (NYSE: TRU) has received the 2024 Impact Award for Best Authentication Innovation from Datos Insights. The award, part of the annual Fraud & AML Impact Awards program, recognizes innovations in financial crime solutions. TransUnion TruValidate™ was honored for its ability to combat identity fraud by examining credit behavior and identity elements shared among consumers. This dual approach helps reduce false positives and identify synthetic identities more accurately. The TruValidate suite integrates identity proofing, risk-based authentication, and fraud analytics, offering a comprehensive consumer profile by linking diverse data types. It serves industries like Banking, FinTech, and Gaming, providing effective, personalized, and flexible solutions.

TransUnion (NYSE: TRU) ha ricevuto il premio Impact 2024 per la Migliore Innovazione nell'Autenticazione da Datos Insights. Il premio, parte del programma annuale Fraud & AML Impact Awards, riconosce le innovazioni nelle soluzioni contro i crimini finanziari. TransUnion TruValidate™ è stato premiato per la sua capacità di combattere le frodi d'identità esaminando il comportamento creditizio e gli elementi d'identità condivisi tra i consumatori. Questo approccio duplice aiuta a ridurre i falsi positivi e identificare le identità sintetiche in modo più accurato. La suite TruValidate integra la verifica dell'identità, l'autenticazione basata sul rischio e l'analisi delle frodi, offrendo un profilo completo del consumatore collegando diversi tipi di dati. Serve settori come Banche, FinTech e Gioco, fornendo soluzioni efficaci, personalizzate e flessibili.

TransUnion (NYSE: TRU) ha recibido el Premio Impacto 2024 por la Mejor Innovación en Autenticación de Datos Insights. El premio, parte del programa anual Fraud & AML Impact Awards, reconoce las innovaciones en soluciones de delitos financieros. TransUnion TruValidate™ fue galardonado por su capacidad para combatir el fraude de identidad, examinando el comportamiento crediticio y los elementos de identidad compartidos entre los consumidores. Este enfoque dual ayuda a reducir los falsos positivos y a identificar identidades sintéticas de manera más precisa. La suite TruValidate integra la verificación de identidad, autenticación basada en riesgo y análisis de fraude, ofreciendo un perfil completo del consumidor al vincular diversos tipos de datos. Sirve a industrias como Banca, FinTech y Juegos, proporcionando soluciones efectivas, personalizadas y flexibles.

TransUnion (NYSE: TRU)는 Datos Insights로부터 2024 혁신 인증상을 수상했습니다. 이 상은 연례 Fraud & AML Impact Awards 프로그램의 일환으로 금융 범죄 솔루션의 혁신을 인정하는 시상식입니다. TransUnion TruValidate™는 소비자 간 공유되는 신용 행동 및 신원 요소를 분석함으로써 신원 사기에 대응하는 능력 때문에 표창을 받았습니다. 이 이중 접근 방식은 잘못된 긍정 결과를 줄이고 합성 신원을 보다 정확하게 식별하는 데 도움이 됩니다. TruValidate 제품군은 신원 확인, 위험 기반 인증 및 사기 분석을 통합하여 다양한 데이터 유형을 연결하여 포괄적인 소비자 프로필을 제공합니다. 이 솔루션은 은행업, 핀테크 및 게임과 같은 산업에서 효과적이고 개인화된 유연한 솔루션을 제공합니다.

TransUnion (NYSE: TRU) a reçu le Prix Impact 2024 pour la Meilleure Innovation en Authentification délivré par Datos Insights. Ce prix, qui fait partie du programme annuel des Fraud & AML Impact Awards, reconnaît les innovations dans les solutions de lutte contre la criminalité financière. TransUnion TruValidate™ a été honoré pour sa capacité à lutter contre la fraude d'identité en examinant le comportement de crédit et les éléments d'identité partagés entre les consommateurs. Cette approche duale aide à réduire les faux positifs et à identifier plus précisément les identités synthétiques. La suite TruValidate intègre la vérification d'identité, l'authentification basée sur le risque et l'analyse des fraudes, offrant un profil complet des consommateurs en reliant divers types de données. Elle sert des secteurs comme la Banque, la FinTech et le Jeu, en fournissant des solutions efficaces, personnalisées et flexibles.

TransUnion (NYSE: TRU) hat den Impact Award 2024 für Beste Innovationslösung zur Authentifizierung von Datos Insights erhalten. Der Preis, der Teil des jährlichen Fraud & AML Impact Awards Programms ist, anerkennt Innovationen im Bereich der Lösungen gegen Finanzkriminalität. TransUnion TruValidate™ wurde für seine Fähigkeit ausgezeichnet, Identitätsbetrug zu bekämpfen, indem es das Kreditverhalten und die zwischen den Verbrauchern geteilten Identitätselemente untersucht. Dieser doppelte Ansatz hilft, falsche Positivmeldungen zu reduzieren und synthetische Identitäten genauer zu identifizieren. Die TruValidate-Suite integriert Identitätsprüfung, risikobasierte Authentifizierung und Betrugsanalysen und bietet durch die Verknüpfung verschiedener Datentypen ein umfassendes Verbraucherprofil. Sie bedient Branchen wie Banken, FinTech und Gaming und bietet effektive, personalisierte und flexible Lösungen.

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Datos Insights recognizes innovations leading the industry and pioneering new and disruptive financial crime products and capabilities

CHICAGO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) announced today that it has received the 2024 Impact Award for Best Authentication Innovation by Datos Insights as part of its annual Fraud & AML Impact Awards program.

The Datos Insights Fraud & AML Impact Awards program identifies organizations and vendors whose new and disruptive financial crime solutions more effectively and efficiently counter escalating financial crime threats. The Best Authentication Innovation is awarded to new solutions or innovations that deliver best-in-class identity proofing and/or user authentication. Winners were selected by a panel of fraud and AML industry experts and Datos Insights strategic advisors. 2024 marks the fourth year of the program.

TransUnion TruValidate™ helps organizations combat identity fraud by identity proofing applicants and authenticating existing customers. It recently improved its synthetic identity fraud detection during the identity proofing process by examining both the credit behavior of the consumer and how the consumer shares identity elements with others. Examining identity connectors concurrently with consumer credit profiles enables organizations to maximize their capture of true synthetic identities while decreasing false positives.

“We are honored to have received a Fraud & AML Impact Award for Best Authentication Innovation by Datos Insights,” said Steve Yin, global head of fraud at TransUnion. “As fraudsters increasingly threaten financial institutions through the use of synthetic identities to penetrate their account portfolios, innovation is essential as we work to stay one step ahead of them. TransUnion is committed to maintaining the spirit of innovation required to protect our customers and their resources now and in the future.”

The highly configurable TransUnion TruValidate suite incorporates identity proofing, risk-based authentication and fraud analytics. It also delivers an actionable and robust view of each consumer by linking proprietary data, personal data, device identifiers and online behaviors. This allows organizations across different industries, including Banking, FinTech, Gaming, and more, to help protect their businesses and focus on offering effective, personalized and friction-right experiences through a light-touch and flexible integration.

To learn more about TransUnion’s TruValidate Identity Insights solution, please click here.

About TransUnion (NYSE: TRU)
TransUnion is a global information and insights company with over 13,000 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 award did TransUnion (TRU) win in 2024?

TransUnion (TRU) won the 2024 Impact Award for Best Authentication Innovation from Datos Insights.

What is the TransUnion TruValidate™ suite?

The TransUnion TruValidate™ suite is a highly configurable solution incorporating identity proofing, risk-based authentication, and fraud analytics.

How does TransUnion’s TruValidate™ improve synthetic identity fraud detection?

TransUnion’s TruValidate™ improves synthetic identity fraud detection by examining both the credit behavior of the consumer and how identity elements are shared with others.

Which industries benefit from TransUnion's TruValidate™ solution?

Industries such as Banking, FinTech, and Gaming benefit from TransUnion's TruValidate™ solution.

Who recognized TransUnion for Best Authentication Innovation in 2024?

Datos Insights recognized TransUnion for Best Authentication Innovation in 2024.

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