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TransUnion (TRU) conference and earnings call announcements - real-time wire coverage filtered to Conferences only.
Recent Conferences for TRU
- Seven in 10 Insurers Say They Deliver Personalized Experiences; Fewer Than Half of Consumers AgreeCHICAGO, June 18, 2026 (GLOBE NEWSWIRE) -- A new TransUnion (NYSE:TRU) study reveals a significant gap between insurers' perceptions and consumer experience. While 70% of insurers say they deliver personalized experiences, only 43% of consumers agree. The disconnect is even more pronounced among Gen Z, with just 32% reporting personalized experiences. TransUnion presented the research at its recent Insurance Summit, which brought together 112 insurance professionals. "Persistent inflation has heightened consumers' focus on price and value," said Patrick Foy, senior director of strategic planning for TransUnion's insurance business. "When customers don't feel engaged through personalizati
- TransUnion to Present at Upcoming Investor Conferences in New York and ChicagoCHICAGO, May 21, 2026 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that the company will be presenting at the following investor conferences: On Wednesday, May 27, 2026, Chris Cartwright, President and CEO, will present at the Bernstein 42nd Annual Strategic Decisions Conference in New York. The presentation is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET). On Tuesday, June 2, 2026, Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Baird Global Consumer, Technology & Services Conference in New York. The presentation is scheduled to begin at 8:05 a.m. CT (9:05 a.m. ET). On Wednesday, June 3, 2026, Todd Cello, Executive Vice President, Ch
- U.S. Consumer Credit Market Increasingly Splitting Along a K-Shaped Path, TransUnion Research FindsCHICAGO, April 30, 2026 (GLOBE NEWSWIRE) -- New TransUnion (NYSE:TRU) research confirms that the U.S. consumer credit market is increasingly splitting along a K‑shaped path, with the riskiest and least risky credit tiers experiencing the most pronounced shifts in credit use. While credit conditions have remained stable overall, and improved for a large segment of consumers, others are struggling in the face of rising expenses and increasing debt. TransUnion released the research in conjunction with its Q1 2026 Credit Industry Insights Report (CIIR). As the divergence between super prime and non-prime consumers becomes more pronounced, it is unfolding differently across the credit spectrum
- TransUnion to Present at the 2026 RBC Capital Markets Global Financial Institutions ConferenceCHICAGO, March 04, 2026 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, and Todd Cello, Executive Vice President, Chief Financial Officer, will present at the RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 11, 2026. The presentation is scheduled to begin at 9:40 a.m. CT (10:40 a.m. ET). A live webcast of the presentations will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU) TransUnion is a global information and insights compa
- TransUnion 2026 Originations Forecast Shows Continued Positive Momentum Amidst Moderate ExpansionCHICAGO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) released its 2026 credit originations forecast, highlighting continued momentum in originations for mortgages as well as for unsecured personal loans. These growth trends come as forecasted demand for other credit products shows mixed performance. TransUnion released the originations forecast alongside its Q4 2025 Credit Industry Insights Report (CIIR), which pointed to continued expansion in consumer lending at the end of 2025. The 2026 originations forecast points to mortgage and unsecured personal loans as the primary drivers of projected expansion. Mortgage originations, both purchase and refinance, are set to extend the
- TransUnion to Present at Upcoming Investor Conferences in Chicago and New YorkCHICAGO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that the company will be presenting at the following investor conferences: On Tuesday, November 11, 2025, Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Baird Global Industrial Conference. The presentation is scheduled to begin at 1:10 p.m. CT (2:10 p.m. ET). On Tuesday, November 18, 2025, Chris Cartwright, President and CEO, will present at the J.P. Morgan Ultimate Services Investor Conference. The presentation is scheduled to begin at 8:40 a.m. CT (9:40 a.m. ET). A live webcast of the presentations will be made available on the TransUnion Investor Relations website at h
- TransUnion Report Reveals Diverging Credit Risk Trends Among U.S. ConsumersCHICAGO, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Recent patterns in consumer credit risk suggest a growing divide among U.S. consumers, as some demonstrate heightened financial resilience while others face mounting challenges. These insights come from TransUnion's (NYSE:TRU) newly released Q3 2025 Credit Industry Insights Report (CIIR), which also reveals how these shifts are influencing lending behaviors across key credit markets. Recent trends in consumer credit risk distribution show a steady increase in the percentage of individuals classified in the lowest risk super prime credit risk tier, rising from 37.1% in Q3 2019 to 40.9% in Q3 2025. This increase in the share of super prime borrower
- CST-GA Extends Agreement with TransUnion for Call Authentication Support for Canadian CarriersTORONTO, Oct. 14, 2025 (GLOBE NEWSWIRE) -- The Canadian Secure Token Governance Authority (CST-GA) announced today an agreement with TransUnion to provide support for Canadian telecommunications service providers to participate in the STIR/SHAKEN call authentication ecosystem. As part of this agreement, TransUnion will continue to act as the Secure Telephone Identity Policy Administrator (STI-PA) and provide system and support services to telecommunication service providers in Canada. TransUnion serves as the STI-PA and also operates a Certification Authority (CA) in Canada, providing telecommunications service providers with the requisite STIR/SHAKEN digital certificates. Since the origi
- TransUnion to Present at 2025 Barclays Global Financial Services ConferenceCHICAGO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, will present at the Barclays Global Financial Services Conference on Tuesday, September 9, 2025. The presentation is scheduled to begin at 9:30 a.m. CT (10:30 a.m. ET). A live webcast of the presentations will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU) TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countrie
- TransUnion Finds U.S. Consumer Credit Market Showing Signs of Stability and Measured Growth at Mid-Point of 2025CHICAGO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- American consumers are exhibiting steady and disciplined credit behavior, with signs of stabilization and measured growth across key lending categories—even as they continue to navigate a complex economic landscape. These insights come from TransUnion's (NYSE:TRU) newly released Q2 2025 Credit Industry Insights Report (CIIR), which highlights steady and measured credit usage. While credit card and unsecured personal loan originations have risen, their balance growth remains controlled, and delinquencies have continued to decline. Following a sharp year-over-year (YoY) decline in Q1 2024, bankcard originations rebounded in Q1 2025, posting a 4.5
- Following the Resumption of Federal Collection Activities in May, Nearly One in Three Federal Student Loan Borrowers Find Themselves at Risk for DefaultCHICAGO, June 24, 2025 (GLOBE NEWSWIRE) -- Less than two months since the U.S. Department of Education resumed collections activities among defaulted federal student loan borrowers, new research from TransUnion (NYSE:TRU) reveals that the number of consumers delinquent on student loans and at risk for entering default continues to climb. The analysis will be featured in a new TransUnion webinar titled Market Update: Student Loan Repayment Impacts on June 26th. The updated analysis found that as of April 2025, the latest month for which data are available, 31.0% of federal student loan borrowers with a payment due are 90 days or more past due (90+ DPD) as reported by their servicer.1 This
- Canadian Credit Market Reaches $2.5 Trillion in Outstanding Balances, with Gen Z Canadians Accounting for 10% of Credit GrowthKey findings from TransUnion report: New-to-credit Canadians led to greater credit participation, accounting for $2.6 billion in new credit balances in Q1 2025Subprime consumers are almost twice as likely to go delinquent within 12 months of opening new credit cards, compared to their pre-pandemic cohortsGrowing concerns around Canadian consumers experiencing economic strain TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- The first quarter of 2025 saw mixed outcomes in the Canadian credit market, according to TransUnion's Q1 2025 Credit Industry Insights Report (CIIR). Growth was fuelled by increased borrowing from young Canadians and newcomers. Consumer balances for non-mortgage products rose
- TransUnion Analysis Uncovers Surprising Truth: Inflation-Adjusted Debt Growth Much Smaller Over the Last Five YearsCHICAGO, May 22, 2025 (GLOBE NEWSWIRE) -- As consumers grapple with rising costs and high interest rates, recent studies have revealed an increased reliance on credit products to help make ends meet. Despite the seemingly rapid growth in balances, a new analysis by TransUnion (NYSE:TRU) uncovers a more complex reality. According to TransUnion's newly released Q1 2025 Credit Industry Insights Report (CIIR) total consumer balances have steadily increased over recent years. Total balances in nominal dollar terms (before adjusting for inflation) across all consumer credit products rose from $14.1 trillion in Q1 2020 to $18.0 trillion in Q1 2025, approximately 28%. The cumulative Consumer Pric
- TransUnion to Present at Upcoming Investor Conferences in New York and ChicagoCHICAGO, May 21, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that the company will be presenting at the following investor conferences: On Wednesday, May 28, 2025, Chris Cartwright, President and CEO, will present at the Bernstein Strategic Decisions Conference. The presentation is scheduled to begin at 8:00 a.m. CT (9:00 a.m. ET). On Thursday, June 5, 2025, Chris Cartwright, President and CEO, and Todd Cello, Executive Vice President, Chief Financial Officer, will present at the William Blair Growth Stock Conference. The presentation is scheduled to begin at 9:20 a.m. CT (10:20 a.m. ET). A live webcast of the presentations will be made available on the Tr
- TransUnion to Present at the 2025 RBC Capital Markets Global Financial Institutions ConferenceCHICAGO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Todd Cello, Executive Vice President, Chief Financial Officer, will present at the RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 4, 2025. The presentation is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET). A live webcast of the presentations will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU) TransUnion is a global information and insights company with over 13,000 associates operating i
- Growth in Originations Expected Across Multiple Credit Products in 2025CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Despite recent data calling into question the possibility of interest rate cuts over this year, new account originations across several credit products are still expected to grow in 2025. These findings were released today in conjunction with TransUnion's (NYSE:TRU) newly issued Q4 2024 Quarterly Credit Industry Insights Report (CIIR). Following multiple years of depressed origination growth, largely driven by stubbornly high inflation, rising interest rates and elevated home and vehicle prices, new auto, mortgage, and unsecured personal loans are expected to see gains in 2025. A myriad of factors, not the least of which is lenders' continu
- Baby Boomers and Gen X Responsible for Increased Betting Activity in Q4 2024CHICAGO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Betting activity increased slightly in Q4 2024 to 26% of consumers, compared to 24% in the same period of 2023. However, this uptick was caused by significant generational changes in activity, primarily among Baby Boomers and Millennials, according to a new report from TransUnion (NYSE:TRU). While Millennials have dominated all forms of betting in recent years, this generation's engagement dropped 5% YoY in Q4 2024. Conversely, Baby Boomers and Gen Xers got more involved, with 7% and 4% respective YoY increases. Gen Z bettors' participation remained about the same. These and many more findings are available in TransUnion's latest US Betting Rep
- Balances and Delinquencies Begin to Stabilize Across Many Credit ProductsCHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Consumer credit balances continued to grow across all credit products during the third quarter of 2024, but in many cases, that growth has slowed. These are among the findings from the newly released Q3 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE:TRU). The findings point to a level of stabilization in the consumer credit market which may signal a return to more typical credit use patterns across many lending products. The report reveals that after a period of rapid balance growth across a range of credit products, in particular credit cards and unsecured personal loans, balance growth has slowed. While both credi
- TransUnion to Present at Upcoming Investor Conferences in Chicago and New YorkCHICAGO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that the company will be presenting at the following investor conferences: On Tuesday, November 12, 2024, Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Baird Global Industrial Conference. The presentation is scheduled to begin at 9:40 a.m. CT (10:40 a.m. ET). On Thursday, November 14, 2024, Chris Cartwright, President and CEO, will present at the J.P. Morgan Ultimate Services Investor Conference. The presentation is scheduled to begin at 7:50 a.m. CT (8:50 a.m. ET). On Tuesday, November 19, 2024, Todd Cello, Executive Vice President, Chief Financial Officer, will present
- TransUnion to Present at the 2024 Barclays Global Financial Services ConferenceCHICAGO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, will present at the Barclays Global Financial Services Conference on Tuesday, September 10, 2024. The presentation is scheduled to begin at 10:15 a.m. CT (11:15 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. 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
- Anticipating Future Fed Interest Rate Cuts, Consumers Continue to Use Existing Credit, Gain Access to New LinesCHICAGO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Findings from the newly released Q2 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE:TRU) reveal that as consumers continue to await interest rate relief in the form of rate cuts, credit products continue to serve to bridge the financial gaps that may exist in many household budgets. The report reveals that in this challenging current macroeconomic environment, consumers are continuing to engage in the credit market, taking on more balances and credit products. And while prime and below consumers are seeing lower year-over-year (YoY) new originations across many products, though not all, they continue to use their avail
- TransUnion to Present at Upcoming Investor Conferences in New York and ChicagoCHICAGO, May 22, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that the company will be presenting at the following investor conferences: On Wednesday, May 29, 2024, Chris Cartwright, President and CEO, will present at the Bernstein Strategic Decisions Conference. The presentation is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET). On Tuesday, June 4, 2024, Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Baird Global Consumer, Technology and Services Conference. The presentation is scheduled to begin at 8:40 a.m. CT (9:40 a.m. ET). On Thursday, June 6, 2024, Chris Cartwright, President and CEO, and Todd Cello, Executive Vice Preside
- Consumer Credit Appetite Remains High Despite Elevated Interest RatesCHICAGO, May 16, 2024 (GLOBE NEWSWIRE) -- Findings from the newly released Q1 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE:TRU) reveal that the consumer credit market continues to show resiliency in the face of a challenging economic environment, as consumers continue to turn to credit to help manage the higher costs they are facing. Despite interest rates that remain persistently high relative to recent history, certain key credit card metrics have seen steady growth in recent years, including total number of bankcards, average new bankcard account credit lines, and the total number of U.S. consumers who carry a bankcard balance. As of Q1 2024, consumers h
- TransUnion to Present at the 2024 Barclays Americas Select Franchise ConferenceCHICAGO, May 01, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Barclays Americas Select Franchise Conference on Tuesday, May 7, 2024. The presentation is scheduled to begin at 8:15 a.m. CDT (2:15 p.m. BST). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU) TransUnion is a global information and insights company with over 13,000 associates operating in more than 3
- TransUnion to Present at the 2024 BofA Securities Information Services ConferenceCHICAGO, March 07, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Todd Cello, Executive Vice President, Chief Financial Officer, will present at the BofA Securities Information Services Conference on Thursday, March 14, 2024. The presentation is scheduled to begin at 10:20 a.m. CT (11:20 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU) TransUnion is a global information and insights company with over 13,000 associates operating in more than 3
- Bankcard Balances Surpass $1 Trillion as Millennials Increasingly Turn to CardsCHICAGO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Findings from the newly released Q4 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE:TRU) reveal that credit card debt is at a historical high, driven in part by Millennials further building on their credit portfolios. This comes at a time when an anticipated reduction in interest rates over the course of the coming year may open up new avenues to more affordable credit. Bankcard balances reached a new record in Q4 2023, surpassing the $1 Trillion mark for the first time on the back of 13% growth year-over-year (YoY). Balances increased across all risk tiers, led by subprime which grew 32% YoY to $105 billion. Generatio
- TransUnion Announces Next Step in Transformation Program to Reduce Costs, Accelerate Innovation and Drive GrowthCHICAGO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) (the "Company") today announced the next step in its ongoing, multi-year transformation effort to optimize its operating model and advance its market-leading technology. The Company will transition additional roles to its successful Global Capability Centers (GCCs) to improve productivity, reduce costs and fund growth. TransUnion will also leverage Neustar's cloud-native technology to create its next-generation integrated data management, identity resolution, analytics and delivery platform. The Company believes these actions will reduce costs, accelerate innovation and increase organic growth. The Company expects to deliver
- Credit Balances on the Rise as Consumers Manage Higher CostsCHICAGO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- High interest rates and higher-than-expected costs for goods and services continue to squeeze the wallets of American consumers. This has led to many continuing to leverage their existing credit account lines more than ever. At the same time, affordability challenges for homes and automobiles, as well as growing concerns over rising debt service costs, have resulted in consumers opening fewer new credit accounts. These findings were revealed in the newly released Q3 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE:TRU). Bankcard balances increased 15% year-over-year (YoY) to set a new record at $995 billion at the end o
- TransUnion to Present at the 2023 J.P. Morgan Ultimate Services Investor ConferenceCHICAGO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, will present at the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 16, 2023. The presentation is scheduled to begin at 8:10 a.m. CT (9:10 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. 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 tr
- TransUnion to Present at the 2023 Baird Global Industrial ConferenceCHICAGO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, and Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Baird Global Industrial Conference on Tuesday, November 7, 2023. The presentation is scheduled to begin at 7:55 a.m. CT (8:55 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU) TransUnion is a global information and insights company with over 12,000 associat
- TransUnion to Present at the 2023 Barclays Global Financial Services ConferenceCHICAGO, Sept. 05, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, will present at the Barclays Global Financial Services Conference on Tuesday, September 12, 2023. The presentation is scheduled to begin at 8:45 a.m. CT (9:45 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. 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
- Gen Z Coming of Age in Credit MarketsCHICAGO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- At the mid-point of 2023, Gen Z consumers (born between 1995 and 2005) increasingly find themselves with new access to credit products. The newly released Q2 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE:TRU) shows that relative to the consumer population as a whole, Gen Z consumers continue to turn to bankcards and unsecured personal loans even as lenders have begun to tighten underwriting. TransUnion's most recent Consumer Pulse findings from July 2023 found that 50% of Gen Z consumers – compared to 32% for the entire population – are planning to apply for new credit or refinance existing credit (e.g., student loan
- TransUnion Report Finds 37% Increase in Number of Property Managers Reporting Rent Payments Since Last YearCHICAGO, June 08, 2023 (GLOBE NEWSWIRE) -- More than one-third (36%) of property managers who are aware of the practice of reporting rent payments to credit reporting agencies do so. The finding comes from new research from the Tenant and Employment business at TransUnion (NYSE:TRU) and represents a 37% increase from the number of property managers who said they reported such payments in 2022. Underscoring this rising trend, nearly half (48%) of those who now report rent payments began doing so in 2022—in part through solutions like TransUnion's TruVision™ Resident Credit. The top reasons cited for reporting rent payments were to help residents build their credit scores (86%), followed by
- TransUnion to Present at Upcoming Investor Conferences in New York and ChicagoCHICAGO, May 24, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) announced today that the company will be presenting at the following investor conferences: On Wednesday, May 31, 2023, Chris Cartwright, President and CEO, will present at the Bernstein 39th Annual Strategic Decisions Conference. The presentation is scheduled to begin at 7:00 a.m. CT (8:00 a.m. ET). On Tuesday, June 6, 2023, Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Baird Global Consumer, Technology and Services Conference. The presentation is scheduled to begin at 8:05 a.m. CT (9:05 a.m. ET). On Thursday, June 8, 2023, Chris Cartwright, President and CEO, and Todd
- Credit Card and Unsecured Personal Loan Balances Remain at or Near-Record Levels as Consumers Navigate Challenging Economic ClimateCHICAGO, May 11, 2023 (GLOBE NEWSWIRE) -- The newly released Q1 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE:TRU) shows that in this current economic climate in which inflation remains at elevated levels and interest rates have risen sharply, consumers are increasingly turning to credit to manage their household budgets, leading to record- or near-record high balances in credit cards and unsecured loans. "We have seen record levels of originations in credit cards and unsecured personal loans since mid-2021 as strong credit positions have allowed consumers access to additional products. As inflation rose to near 40-year high levels, many consumers have used c
- TransUnion's Financial Inclusion Forum Brings Together Industry Executives to Discuss Ways to Better Serve Marginalized Consumer SegmentsCHICAGO, April 05, 2023 (GLOBE NEWSWIRE) -- One in five U.S. adults – more than 60 million consumers – are either outside the credit ecosystem or lack sufficient credit data to be scored by traditional risk models, leaving many underserved. To better support marginalized consumer segments, TransUnion (NYSE:TRU) brought together senior leaders in the financial services and insurance industries at its inaugural Financial Inclusion Forum. The group of executives discussed ways to meet and engage consumers where they are on their financial journey and to create and deliver equitable products and services for them, opening new sources of business growth while building long-term resiliency
- TransUnion to Present at the BofA Securities 2023 Information & Business Services ConferenceCHICAGO, March 09, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, will present at the BofA Securities 2023 Information & Business Services Conference on Thursday, March 16, 2023. The presentation is scheduled to begin at 7:10 a.m. CT (8:10 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU) TransUnion is a global information and insights company with over 12,000 associates operating in more than 30 count
- TransUnion to Present at the 2023 RBC Capital Markets Global Financial Institutions ConferenceCHICAGO, Feb. 28, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Todd Cello, Executive Vice President, Chief Financial Officer, will present at the RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 7, 2023. The presentation is scheduled to begin at 8:20 a.m. CT (9:20 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU) TransUnion is a global information and insights company with over 12,000 associates operating in mo
- Amidst Stubbornly High Inflation, Consumers Continue to Turn to Credit Cards, Home Equity to Maintain StabilityCHICAGO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- 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 cards, homeowners taking out home equity lines of credit (HELOCs) or consumers continuing to turn to unsecured personal loans, more and more borrowers are looking to a range of credit products to cope with the financial pressures of today and better position themselves for the evolving financial lands
- More Pronounced Changes Expected in Consumer Credit Market in 2023 Even as More Than Half of Americans Remain Optimistic About Their Financial FutureCHICAGO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- After two years of aggressive loan growth, particularly for credit cards and personal loans, and serious delinquency rates that generally remained near pre-pandemic levels, the consumer credit market will experience more pronounced changes in 2023. TransUnion's (NYSE:TRU) 2023 Consumer Credit Forecast projects delinquency rates for credit card and personal loans to rise to levels not seen since 2010. At the same time, demand for most lending products will remain high relative to pre-pandemic levels with the number of consumers securing auto and home equity loans increasing on an annual basis. Despite a challenging macroeconomic environment, Trans
- Sontiq Receives Ninth Consecutive Recognition by North America's Largest Parent Product Testing CommunitySontiq is longest-standing company to receive the Parent Tested Parent Approved (PTPA) Seal of Approval for comprehensive identity theft protection and education Intelligent identity security firm Sontiq, a TransUnion company, is announcing its IdentityForce product brand has been awarded the Parent Tested Parent Approved (PTPA) Seal of Approval for the ninth year in a row. Additionally, IdentityForce was recognized by PTPA with a 2023 Top Product award. The recognition from PTPA Media, Inc. is the longest-standing of any other PTPA-reviewed company and has been earned by Sontiq annually through an unbiased review process involving select families of its more than 200,000-product testing
- TransUnion to Present at the 2022 J.P. Morgan Ultimate Services Investor ConferenceCHICAGO, Nov. 10, 2022 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, will present at the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 17, 2022. The presentation is scheduled to begin at 8:10 a.m. CT (9:10 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU)TransUnion is a global information and insights company that makes trust possible in the modern economy. We do this by providing a
- Credit Card and Personal Loan Balances Reach Record Levels as Consumers Navigate High Inflation, Rising Interest RatesCHICAGO, Nov. 08, 2022 (GLOBE NEWSWIRE) -- The third quarter of 2022 saw more consumers turning to unsecured personal loans and credit cards as a means to help stave off the financial pressures brought on by inflation. TransUnion's (NYSE:TRU) newly released Q3 2022 Quarterly Credit Industry Insights Report (CIIR) also shows that while delinquencies for most credit products remain in line with pre-pandemic levels, they continue to rise from the very low levels seen in 2021, particularly among subprime segments of customers. "Consumers are being pressured on multiple fronts, first by this environment of high inflation, and secondarily by the higher interest rates that the Federal Reserve is
- TransUnion to Present at the 2022 Baird Global Industrial ConferenceCHICAGO, Nov. 01, 2022 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Baird Global Industrial Conference on Tuesday, November 8, 2022. The presentation is scheduled to begin at 2:20 p.m. CT (3:20 p.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU)TransUnion is a global information and insights company that makes trust possible in the modern economy. We do this by prov
- TransUnion to Present at the 2022 Barclays Global Financial Services ConferenceCHICAGO, Sept. 06, 2022 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, and Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Barclays Global Financial Services Conference on Tuesday, September 13, 2022. The presentation is scheduled to begin at 8:00 a.m. CT (9:00 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU)TransUnion is a global information and insights company that makes tru
- Serious Delinquencies Normalizing to Pre-Pandemic Levels as Many Lenders Make Concerted Effort to Expand Access to CreditCHICAGO, Aug. 04, 2022 (GLOBE NEWSWIRE) -- The first half of 2022 concluded with a normalization in serious delinquency rates to pre-pandemic levels for most credit products as lenders continued to expand access to credit cards and personal loans. TransUnion's (NYSE:TRU) newly released Q2 2022 Quarterly Credit Industry Insights Report (CIIR) also highlighted how the number of consumers with credit cards and personal loans has reached record highs, driven by an increase in loans to non-prime consumers. "Consumers are facing several challenges that are impacting their finances on a day-to-day basis, namely high inflation and rising interest rates. These challenges, though, are happening aga
- TransUnion to Present at the 42nd Annual William Blair Growth Stock ConferenceCHICAGO, June 02, 2022 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, and Todd Cello, Executive Vice President, Chief Financial Officer, will present at the 42nd Annual William Blair Growth Stock Conference on Thursday, June 9, 2022. The presentation is scheduled to begin at 9:20 a.m. CT (10:20 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU)TransUnion is a global information and insights company that makes tr
- TransUnion to Present at the 2022 Baird Global Consumer, Technology & Services ConferenceCHICAGO, May 31, 2022 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Baird Global Consumer, Technology & Services Conference on Tuesday, June 7, 2022. The presentation is scheduled to begin at 6:55 a.m. CT (7:55 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU)TransUnion is a global information and insights company that makes trust possible in the modern economy. We d
- Despite a Series of Challenges, Consumer Credit Health Remains Relatively Strong in Opening Quarter of 2022CHICAGO, May 12, 2022 (GLOBE NEWSWIRE) -- Rising interest rates and the increased prices of goods and services placed pressure on the consumer wallet in the opening quarter of 2022. Despite the challenges, consumers remain well positioned from a consumer credit perspective, according to TransUnion's (NYSE:TRU) newly released Q1 2022 Quarterly Credit Industry Insights Report (CIIR). During the course of the COVID-19 pandemic, consumer performance remained relatively strong as stimulus funds, forbearance and accommodation programs provided consumers with a safety net during a period of great uncertainty. Now that pandemic financial programs have ended, new challenges such as inflation and r
- More than 45 Million Americans are Either Credit Unserved or Underserved; Approximately 20% Migrate to Being Credit Active Every Two YearsCHICAGO, April 07, 2022 (GLOBE NEWSWIRE) -- More than 45 million consumers are considered to be either credit unservedi or underservedii in the United States, according to a new global TransUnion (NYSE:TRU) study – "Empowering Credit Inclusion: A Deeper Perspective on Credit Underserved and Unserved Consumers." However, the study found that about one in four consumers (24%) who started as credit underserved were found to have migrated to becoming credit active in a two-year window prior to the pandemic. During the height of the pandemic, the percentage of consumers becoming more credit active decreased slightly to 22%, with the profile of those consumers skewing younger than the pre-pandem
- TransUnion to Present at the 2022 BofA Securities Information Services ConferenceCHICAGO, March 10, 2022 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, and Todd Cello, Executive Vice President, CFO, will present at the BofA Securities Information Services Conference on Thursday, March 17, 2022. The presentation is scheduled to begin at 8:45 a.m. CT (9:45 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU)TransUnion is a global information and insights company that makes trust possible in the mo
- TransUnion Forecasts Originations to Non-Prime Borrowers Will Continue to Rise for Many Credit Products in 2022CHICAGO, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Continued expansion of lending, including to non-prime consumers, is expected to occur in 2022 with origination levels reaching or surpassing pre-pandemic levels, according to the newly released TransUnion (NYSE:TRU) Financial Services 2022 Consumer Credit Forecast. For auto loans and personal loans, consumers who are generally higher risk are accounting for a growing share of origination volume, with the forecast providing insights that explain why such broader lending will benefit the overall consumer credit market. TransUnion's forecast found that the auto, credit card and personal loan markets are expected to continue expanding into the
- TransUnion to Present at the 2021 J.P. Morgan Ultimate Services Investor ConferenceCHICAGO, Nov. 11, 2021 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, and Jason Laky, Executive Vice President, Financial Services, will present at the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 18, 2021. The presentation is scheduled to begin at 9:15 a.m. CT (10:15 a.m. ET). A live webcast of the presentation will be made available at the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU)TransUnion is a global information and insights company that makes trust pos
- Gen Z Drives Credit Card Industry ReboundQ3 2021 TransUnion Credit Industry Insights Report explores latest credit trends CHICAGO, Nov. 03, 2021 (GLOBE NEWSWIRE) -- The credit card industry is rebounding strongly from the early impacts of the COVID-19 pandemic with Gen Z leading the way in terms of originations and bankcard balance growth. TransUnion's (NYSE:TRU) Q3 2021 Quarterly Credit Industry Insights Report (CIIR) also found that this youngest generation of consumers are performing well on these credit products. During the height of the pandemic in mid-2020, card issuers pulled back and tightened new card volume. Since then, credit card originations have nearly doubled – increasing from 8.6 million in Q2 2020 to a record 1
- TransUnion Announces $400,000 Commitment to Advance Financial Inclusion with Credit Builders AllianceCHICAGO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- More than one billion people around the world today are considered "credit invisible" or "credit disadvantaged," unable to access financial products and services because they have little or no credit. As a global information and insights company committed to financial inclusion, TransUnion (NYSE:TRU) is announcing a $400,000 donation to Credit Builders Alliance (CBA) to help underrepresented consumers in the United States build credit — a prerequisite to participating in the mainstream financial system. "TransUnion's commitments to financial inclusion and racial equity go hand in hand," said Chris Cartwright, president and CEO, TransUnion. "W
- TransUnion to Present at the 2021 Barclays Global Financial Services ConferenceCHICAGO, Sept. 07, 2021 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Chris Cartwright, President and CEO, and Steve Chaouki, President, U.S. Markets and Consumer Interactive, will present at the Barclays Global Financial Services Conference on Tuesday, September 14, 2021. The presentation is scheduled to begin at 9:30 a.m. CDT (10:30 a.m. EDT). A live webcast of the presentation will be made available at the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU)TransUnion is a global information and insights company that makes tru
- Healthy Consumer Credit Market Drives Return to LendingCHICAGO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- The financial services industry is rebounding strongly from the early impacts of the COVID-19 pandemic, according to TransUnion's (NYSE:TRU) Q2 2021 Quarterly Credit Industry Insights Report (CIIR). The auto, credit card, mortgage and personal loan industries exhibited renewed signs of strength at the mid-point of 2021. In the initial months of the pandemic, many lenders struggled with making credit available to consumers in the face of branch closures and a remote workforce. One year later, lenders have adapted and shifted to a digital-first origination strategy and enhanced their capabilities to originate new accounts virtually. Signs of this o
- Majority of Consumers in Accommodation Programs Continued to Make PaymentsCHICAGO, June 23, 2021 (GLOBE NEWSWIRE) -- Enrollment in financial hardship programs grew significantly as a result of the COVID-19 pandemic – to approximately 7% of all accounts for credit products such as auto loans and mortgages. However, a new TransUnion (NYSE:TRU) study found that the majority of consumers continued to make payments on their accounts even when in an accommodation program. The study found that seven in 10 non-prime* consumers and eight in 10 prime and above* consumers made payments on hardship accounts while they were enrolled in such programs. Additionally, more than 40% of accounts in these programs exited within the first three months of entering. Accounts in fina
- Fraud Threats on Government Agencies Growing in Numbers and SeverityCHICAGO, June 15, 2021 (GLOBE NEWSWIRE) -- As more U.S. citizens have interacted with government agencies online during the COVID-19 pandemic, account takeover fraud threats (ATO) are becoming more prevalent. The findings were revealed today in TransUnion's (NYSE:TRU) Public Sector Fraud Study, created in conjunction with the Ponemon Institute. The study surveyed nearly 600 leaders across federal, state, and local government agencies about their experiences with customer fraud and the technology used to combat it. A clear finding is that ATO fraud has become more prevalent in the public sector as consumers' use of the web, mobile phones and connected enterprise/civic software have signifi
- TransUnion to Present at Baird Global Consumer, Technology and Services ConferenceCHICAGO, June 03, 2021 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced that Todd Cello, CFO, and Tim Martin, Chief Global Solutions Officer, will present at the Baird Global Consumer, Technology and Services Conference on Wednesday, June 9, 2021. The presentation is scheduled to begin at 11:50 a.m. CST (12:50 p.m. EST). A live webcast of the presentation will be made available at the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will be available on the company's website following the conclusion of the presentation. About TransUnion (NYSE:TRU)TransUnion is a global information and insights company that makes trust possible in the modern economy