Growing threat of credit washing
Lenders are on the lookout for consumers who are illegally scraping negative tradelines on credit reports to boost their credit ...
Tag: TransUnion
Lenders use alternative data to expand auto books
Auto lenders in the first quarter leveraged TransUnion’s alternative data and underwriting models to expand their lending pools as the ...
TransUnion’s Innovation Lab helps FIs deploy alternative data
As banks and financial institutions seek more granular insights from data with hopes of expanding access to credit, some are ...
BNPL supplements credit card debt instead of replacing it, TransUnion study finds
Consumers seeking buy now pay later (BNPL) credit also actively utilize credit card debt instead of replacing one with the ...
Lenders urge federal regulators to clarify AI fair lending, explainability requirements
There is no “one-size-fits-all” approach to making AI-driven decisioning by financial institutions explainable and fair, but lenders want regulators to ...
With APIs, TransUnion taps income and employment data
TransUnion has integrated employment with income data to better reflect consumers’ ability to pay as economic dislocation and unemployment rates ...
Affirm’s loan appetite grows after COVID pullback
Point-of-sale lender Affirm is gradually expanding its credit to focus on repeat customers and certain merchant categories, after initially reeling ...
2020 election: Can a public credit reporting agency become reality?
The 2020 presidential race is in full swing, and speculation about whether President Trump will energize enough of his base ...
Challenger bank HMBradley sees opportunity in pandemic
Challenger bank HMBradley launched this week in the face of global uncertainty, with the backing of PayPal founder Max Levchin, ...
Payfone partners with TransUnion to identify bank customers
Consumer credit reporting agency TransUnion has been named as the primary data provider for Payfone, which provides mobile and digital identity authentication solutions to top U.S. financial institutions. The partnership will ...
