TransUnion Climbs to No. 12 in the Latest IDC FinTech Rankings
12 September 2022 - 2:30PM
TransUnion (NYSE: TRU) announced today that it is ranked #12 on the
2022 IDC FinTech Rankings, continuing a steady ascent up the IDC
rankings in recent years.
The Fortune 500-style ranking categorizes and evaluates the top
global providers of financial technology based on calendar year
revenues from financial institutions for hardware, software and/or
services. FinTech providers supply the technological backbone of
the financial services industry, an industry in which IDC forecasts
worldwide spending on IT across the globe to be $590 billion (USD)
by 2025. TransUnion ranked #16 on the prestigious list last
year.
TransUnion is a FinTech industry leader on the forefront of
lending innovation, providing solutions that allow FinTech lenders
to find and make uniquely tailored offers to more consumers.
TransUnion’s unique fusion of FCRA-compliant trended credit and
alternative data, in addition to traditional credit data, offers
FinTechs deeper consumer insights and a more precise view of
lending risk.
The information helps FinTechs incubate, diversify, and
accelerate growth by turning data into action. And TransUnion
continues to innovate and expand offerings for FinTech through its
recent acquisition of Neustar, whose distinctive data and digital
resolution capabilities will further enable safe and more
personalized online experiences for consumers and businesses.
“In today’s dynamic consumer credit market, TransUnion continues
to serve the FinTech industry as a leader deeply committed to
fostering innovation,” said Jason Laky, executive vice president of
financial services at TransUnion. “In providing customers access to
a wide range of trended and alternative data solutions, TransUnion
offers them the insights they need to drive results and achieve
growth while providing more credit access to consumers. Now more
than ever, TransUnion is firmly positioned as an essential resource
to the lending industry and a valuable partner to FinTechs as they
grow and evolve.”
IDC Financial Insights publishes a comprehensive report about
the year’s findings that is available to view or download here.
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 comprehensive
picture of each person so they can be reliably and safely
represented in the marketplace. As a result, businesses and
consumers can transact with confidence and achieve great things. We
call this Information for Good.®
A leading presence in more than 30 countries across five
continents, TransUnion provides solutions that help create economic
opportunity, great experiences, and personal empowerment for
hundreds of millions of
people.http://www.transunion.com/business
Contact |
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Dave BlumbergTransUnion |
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E-mail |
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david.blumberg@transunion.com |
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Telephone |
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312-972-6646 |
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