CHICAGO, March 06, 2025 (GLOBE NEWSWIRE) -- Many people use dating apps to meet potential partners, but most wish they could be more sure that other users are being honest about themselves. A recent report from TransUnion (NYSE: TRU) revealed that 85% of women and 87% of men think dating apps should check user details like age, recent photos, and location.
When personal data is exposed, it poses dangers to government agencies, banks, and individuals. This leakage of information can lead to various security threats. It is important to protect personal data to ensure safety for everyone involved.
CHICAGO, March 04, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) has announced an enhancement of its partnership with Truework, a top provider of income and employment verification. This new collaboration will give mortgage lenders better and more reliable access to the necessary income and employment verification information, helping to speed up the underwriting process and reduce costs.
The increase in revenue from Financial Services and Emerging Vertical positively impacts TRU's overall earnings in the fourth quarter of 2024.
According to the TransUnion report, total consumer debt in Canada reached a record high of $2.5 trillion, with a 4.5% increase in outstanding balances from the previous year. Despite some improvement in the overall economy, both consumer debt and delinquency rates are still on the rise. Additionally, Gen Z consumers are playing a significant role in the credit market, with credit card balances reaching $124 billion, even as average monthly spending on cards decreases.
Property insurers are having a hard time making profits because they have not raised their rates in time and are facing natural disasters. These challenges make it difficult for them to stay financially stable. As a result, they are looking for ways to improve their situation.
TransUnion (NYSE:TRU) will hold its Q4 2024 Earnings Conference Call on February 13, 2025, at 9:30 AM ET. The call will feature company representatives including Greg Bardi, Chris Cartwright, and Todd Cello, along with analysts from various financial institutions. Participants are reminded that the call will be in listen-only mode.
AT&T Inc. has made a deal with TransUnion to enhance customer experiences through branded calling services. As part of this partnership, AT&T wireless users will be able to view the caller's identity and the purpose of the call on most Android devices using TransUnion's Branded Call Display service.
The main figures for TransUnion (TRU) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be helpful to compare some important metrics with Wall Street predictions and the results from the same period last year.
The solution will encourage more consumers in the U.S. to take steps towards managing their financial futures. It aims to motivate individuals to be proactive about their finances. This initiative seeks to involve a larger number of people in planning for their financial well-being.