Newsroom TransUnion Phillipines

Philippines, January 18, 2022 – TransUnion (NYSE: TRU) released new findings around the impact of COVID-19 on personal finances, spending, and debt. Among the key takeaways revealed in the Q4 2021 study is that fewer Filipino households (59%) …

Philippines, December 08, 2021 – TransUnion (NYSE: TRU) released new findings today around global e-commerce fraud trends that occurred during the busiest period of the 2021 holiday shopping season. The analysis found that 17.46% of all global …

Philippines, November 26, 2021 – Information and insights company TransUnion Philippines has launched CreditVision™ Link – the one-stop solution capable of credit scoring Filipino adults using alternative and traditional credit data. With a …

Philippines, September 30, 2021 – TransUnion’s Q3 2021 Philippine Consumer Pulse study* has uncovered that consumer awareness and appetite for alternative lending methods is broadening. Specifically, Buy Now Pay Later (BNPL) facilities have high …

Philippines, August 24, 2021 – As the prevalence of digital fraud attempts on businesses and consumers continues to rise, TransUnion’s (NYSE: TRU) newest quarterly analysis found that the Philippines bucked the wider global trend and had a drop of …

Philippines, August 05, 2021 – New research* from information and insights company TransUnion found that in the second quarter of the year, two-thirds (66%) of Philippine consumers reported their household income was currently negatively impacted by …

Philippines, July 22, 2021 - Information and insights company TransUnion has reached an agreement with 1 Cooperative Insurance System of the Philippines (1CISP) and its partner TraXion Tech to extend its solutions to cooperatives in underserved and …

Philippines, June 10, 2021 - As more consumers go online for banking and other financial transactions, new research from TransUnion (NYSE: TRU) found that fraudsters are ramping up their efforts in the financial services industry. When comparing the …

Philippines, April 13, 2021 – New research from TransUnion (NYSE: TRU) found that 93% of Filipinos surveyed have seen their household income negatively impacted by the COVID-19 pandemic. This breaks down to almost two-thirds (65%) of consumers who …

Philippines, March 24, 2021 – TransUnion’s (NYSE: TRU) latest quarterly analysis of global online fraud trends found that since the COVID-19 pandemic began, fraudsters in the Philippines are increasing their digital schemes against businesses. In …

Global information and insights company TransUnion is encouraging businesses to envisage an information-powered recovery as the Philippines targets growth in an economy emerging from the impact of COVID-19. By ensuring that a consumer’s …

MANILA, PHILIPPINES, DECEMBER 7, 2020 – Global information and insights provider TransUnion (NYSE: TRU) is urging businesses to remain vigilant against digital fraud as it released its latest findings about online retail trends surrounding the 2020 …

Manila, Philippines, November 27, 2020 – Keeping your physical and mental health in check during the COVID-19 pandemic is crucial, but global information and insights provider TransUnion emphasizes that financial health must not be set aside. For …

Manila, Philippines, October 28, 2020 – With the Philippines remaining under varying degrees of quarantine due to COVID-19, a new Economist Intelligence Unit study for TransUnion finds businesses’ shift to digital could be permanent. “COVID-19 …

Manila, Philippines, September 16, 2020 – Global risk and information solutions provider TransUnion is extending its data and technology expertise to help financial institutions accelerate digital transformation and be able to provide consumers with …

Manila, Philippines, August 04, 2020 – TransUnion announced today the launch in the Philippines of CreditVision, its revolutionary suite of trended data capabilities that has changed the way financial institutions around the world understand, manage …

TransUnion (NYSE: TRU) today released its analysis of recent digital fraud trends in the Philippines. Its assessment found that the percentage of suspected online fraud originating from the Philippines more than doubled when comparing the periods …

Manila, Philippines, April 30, 2020 – Following the government’s response to the COVID-19 pandemic, including cutting benchmark interest rates and the reserve requirement ratio for banks to cushion the impact on the economy, information solutions …

TransUnion (NYSE:TRU) today announced the launch of its fraud and identity suite of solutions, IDVision with iovation, in the Philippines. As transactions increasingly move online, IDVision with iovation enables businesses and consumers to safely …

The Department of Trade and Industry (DTI) and TransUnion Philippines signed a data sharing agreement on 29 January 2020 in which DTI will provide Publicly Available Data of business enterprises to TransUnion, the country’s largest credit …

The World Bank’s Doing Business 2020 report is out, and the Philippines improved as expected in the ‘Getting credit’ indicator in both score (from EODB score of 5.0 to 40.00) and ranking (from 184/190 economies to 132/190─increasing by 52 notches). …

Information solutions provider TransUnion Philippines’ recent Big Data Summit tackled the rising power of big data in banking and its potential to transform businesses and manage the emerging difficulties brought about by technology. In particular, …

Information solutions provider TransUnion and the Rural Bankers Association of the Philippines (RBAP) announced their milestone partnership during RBAP’s 66 Annual National convention held in Baguio City. With over 400 members from different regions …

The number of Philippine consumers that can more easily access mainstream credit has grown thanks to a continued increase in the number of businesses contributing information to their credit report. TransUnion is a comprehensive credit bureau and …

TransUnion (NYSE:TRU), a leading global information solutions provider, announced today the appointment of Satish Pillai to the newly created role of President of TransUnion Asia. He will have accountability for operations in the Asia Pacific and …

Remittances by Overseas Filipino Workers (OFWs) reached $32.21 billion in 2018, an all-time high record according to data from the Bangko Sentral ng Pilipinas. Remittances consistently account for 10 percent of the country’s gross domestic product, …

By Lee C. Chipongian Pia Lopez Arellano is an educator, mentor, and a provider of information – the kind that would help shape this country’s financial inclusion, expand inclusive growth and propel the country to becoming an upper-middle income …

TransUnion Philippines reveals that nearly 60 percent of new-to-credit accounts opened in 2017 are by millennials. This is a trend that has increased over the last four years and has continued to grow in prominence nationwide, from 40 percent in …