For businesses, TransUnion updated its traditional credit score offering to include trended data that helps predict consumer repayment and debt behavior.
The technology was integrated into TransUnion's ClearIQ platform, which tracks patients demographic and insurance related information to support benefit verification.
[17] In November 2013, TransUnion acquired TLO LLC, a company that leverages data in support of its investigative and risk management tools.
TLOxp also allows licensed investigators and law enforcement professionals to access personally identifiable information from credit header data.
As a result, TransUnion initiated a service called ResidentCredit, making it easy for property owners to report data about their tenants on a monthly basis.
In 2015, TransUnion acquired Trustev, a digital verification company specializing in online fraud for $21 million, minus debts.
[20][21] In mid-April 2018, TransUnion announced it intended to buy UK-based CallCredit Information Group for $1.4 billion,[22] subject to regulatory approval.
"[27] These include: TruAudience, TruValidate, TruContact (all based on former offerings from Neustar), TruVision, TruIQ, TruEmpower, and TruLookup.
Under the new settlement, credit-reporting firms are required to use trained employees to respond when a consumer flags a mistake on their file.
The CFPB also said the companies "lured consumers into costly recurring payments for credit-related products with false promises".
[36] The San Francisco federal court jury awarded $60 million in damages to consumers who were falsely reported on a government list of terrorists and other security threats.
[40][38] On 17 March 2022, TransUnion South Africa disclosed that hackers breached one of their servers and allegedly stole data of 54 million customers, demanding a ransom to not release it, the group N4ughtysecTU claims responsibility.