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TransUnion Announces Fourth Quarter 2022 Results

TransUnion (NYSE: TRU) (the “Company”) today announced financial results for the quarter ended December 31, 2022. Fourth Quarter 2022 Results Revenue: Total revenue for the quarter was $902 million, an increase of 14 percent (17 percent on a constant currency basis and a decrease of 2 percent on an organic constant currency basis), compared with the fourth quarter […]

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Nearly Half of Mobile Sports Bettors Reduced Discretionary Spending at the End of 2022

Nearly half of consumers who engaged in mobile sports betting (49%) reduced discretionary spending in Q4 2022, according to new research by TransUnion (NYSE: TRU). This included Millennials and high-value bettors—those who spend $500+ per month—both of which are key segments for the gaming industry and generally represent high-income earners. The trend is largely due

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Amidst Stubbornly High Inflation, Consumers Continue to Turn to Credit Cards, Home Equity to Maintain Stability

Amidst an economic environment of rising interest rates and high inflation, the fourth quarter of 2022 saw consumers continuing to look to credit as a means to help stave off these financial pressures. TransUnion’s (NYSE: TRU) newly released Q4 2022 Quarterly Credit Industry Insights Report (CIIR) shows that whether it’s Gen Z consumers opening credit

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TransUnion Announces Investment in Bud to Drive Innovation and Growth in Open Banking

TransUnion (NYSE: TRU) has announced a strategic investment in Bud Financial Limited (Bud), a leader in Open Banking and data intelligence. This dynamic partnership will help drive innovation and growth in the personal finance market and support better outcomes for consumers, with greater financial inclusion. Open Banking plays an increasingly key role in facilitating innovation

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TransUnion Appoints Linda Zukauckas to its Board of Directors

TransUnion (NYSE: TRU) announced that Linda Zukauckas has been appointed to its Board of Directors, effective today. “We’re excited to add such an experienced and respected leader to TransUnion’s Board of Directors,” said Pamela Joseph, Chairperson of the Board. “Linda’s expertise in strategy and finance will keep TransUnion well positioned as we continue to grow

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New TransUnion Study Finds Millions of New-to-Credit Consumers Across the Globe Prove to be Similar, if Not Better, Risks Than Established Credit Users

New-to-credit consumers – those early in their credit journeys – generally perform as well or better than borrowers with established credit and similar risk scores. This finding from a newly released TransUnion (NYSE: TRU) global study, “Empowering Credit Inclusion: A Deeper Perspective on New-to-Credit Consumers,” may give some assurance to lenders in both developed and

New TransUnion Study Finds Millions of New-to-Credit Consumers Across the Globe Prove to be Similar, if Not Better, Risks Than Established Credit Users Read More »

As Auto Leasing Continues to Slow, Increasingly Targeted Marketing May Play Key Role in Maintaining Brand Loyalty

The auto lease market continued to slow down for much of 2022 causing some automakers to lose traditionally loyal customers. A new TransUnion (NYSE: TRU) study found that the auto lease market was down almost half from 31% in January 2020 to 17% in July 2022, more than twice the decrease in auto financing over

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TransUnion Announces Earnings Release Date for Fourth Quarter 2022 Results

TransUnion (NYSE: TRU) will publish its financial results for the fourth quarter ended December 31, 2022, in a press release to be issued by 6:00 a.m. Central Time (CT) on Tuesday, February 14, 2023. The company will hold a conference call on the same day at 8:30 a.m. Central Time (CT) to discuss its financial

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TransUnion Insurance Trends and 2023 Outlook Report Points to More Online Life Insurance Shopping

More than four in 10 consumers go online or use an app when shopping for life insurance, according to a new TransUnion (NYSE: TRU) report. This is a significant shift as the vast majority of consumers traditionally purchase their life insurance policies through an agent. However, this is also very much on-trend as the insurance

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TransUnion Completes Sale of G2, LCI and Fintellix to Stellex Capital Management for $176 million

TransUnion (NYSE: TRU) completed the previously announced sale of G2 Web Services, Inc. (“G2”), Lundquist Consulting, Inc. (“LCI”) and Fintellix India Private Limited (“Fintellix”), to an affiliate of Stellex Capital Management LLC (“Stellex”), a global, multi sector investment firm for $176 million of consideration, subject to customary purchase price adjustments. About TransUnion (NYSE: TRU) TransUnion

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