TransUnion Stock Price, News & Analysis

TransUnion announced the appointment of Charles E. Gottdiener to its Board of Directors, effective February 1. Gottdiener, former President and CEO of Neustar, will also serve as an Executive Advisor to CEO Chris Cartwright for two months. In addition, Venkat Achanta is promoted to Executive Vice President and Chief Data & Analytics Officer. These changes follow TransUnion's acquisition of Neustar in December 2021, aiming to enhance the company's position in data and analytics capabilities and improve customer experiences in digital commerce.

TransUnion (NYSE: TRU) will release its fourth quarter financial results for the period ending December 31, 2021, on February 22, 2022, at 6:00 a.m. CT. This announcement will coincide with the filing of its 2021 Form 10-K, which will detail acquisitions of Neustar and Sontiq, along with the divestiture of its Healthcare business. A conference call is scheduled for the same day at 8:30 a.m. CT to discuss the results. The press release and live webcast will be accessible via the company’s Investor Relations website.

On January 24, 2022, Equifax (NYSE: EFX), Experian (LON:EXPN), and TransUnion (NYSE:TRU) jointly announced an extension of their pandemic response service to provide consumers with free weekly credit reports through the end of 2022. This initiative aims to assist consumers in managing their financial health amid ongoing economic challenges. The CEOs of the agencies emphasized their commitment to supporting consumers in tracking their financial well-being during these uncertain times, with credit reports playing a critical role in financial decision-making.

The three major U.S. credit reporting agencies—Equifax, Experian, and TransUnion (NYSE:TRU)—are extending their provision of free weekly credit reports to consumers through the end of 2022. Amid ongoing economic challenges from the pandemic, this initiative aims to enhance financial health and enable consumers to manage their credit activity effectively. The agency CEOs stressed their commitment to assisting consumers during these difficult times, emphasizing the importance of easily tracking financial information. For more details, visit annualcreditreport.com.

The Big Three U.S. credit reporting agencies, Equifax (NYSE: EFX), TransUnion (NYSE: TRU), and Experian, are extending their offer of free weekly credit reports for consumers until the end of 2022. This initiative aims to assist individuals in navigating financial challenges posed by the ongoing COVID-19 pandemic. The joint statement from the CEOs emphasizes their commitment to helping consumers manage their credit and financial future amidst inflation and market uncertainty. Consumers can access these reports at www.annualcreditreport.com.

Neustar, a TransUnion company, has launched its new Email Intelligence feature within its Contact Center Solutions suite. This innovative tool provides insights into email deliverability, activity, and identity linkages, significantly enhancing email communication and reducing compliance risks. Given the fact that 30% of email addresses change annually, this capability is crucial for maintaining effective customer connections. Powered by the OneID identity resolution platform, it ensures businesses can communicate with customers accurately and efficiently.

TransUnion reported significant behavioral shifts as nearly five billion visits to government websites occurred over 90 days, revealing that only 35% of users found their experiences 'easy.'

This report outlines trends for 2022, emphasizing improved service delivery, equity for underserved populations, and enhanced citizen engagement. Notably, 98% of Americans can now be reached online, and 82% used digital payment technology in 2021. TransUnion aims to support government agencies in optimizing service access and engagement, particularly for low-income households, 41% of which struggle to pay bills.

Acxiom has announced a strategic partnership with TransUnion via the TruAudience Data Marketplace, enhancing brands’ access to Acxiom’s marketing audiences across streaming platforms. This collaboration allows advertisers to refine their digital audience strategies within environments like CTV, audio, and gaming. Acxiom claims to have the most precise addressable marketing data for U.S. individuals aged 18 and older, boasting a 95% contract renewal rate. The TruAudience Data Marketplace aims to improve omnichannel campaign effectiveness while ensuring data privacy.

nThrive has successfully acquired TransUnion Healthcare, bolstered by Clearlake Capital. This acquisition combines nThrive's revenue cycle management solutions with TransUnion's healthcare data analytics, creating a comprehensive offering for healthcare organizations. The unified platform aims to enhance patient access, improve financial outcomes, and optimize care for payors by utilizing Social Determinants of Health data. The partnership is projected to drive significant growth and streamline healthcare operations across North America.