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15
June
2023
| 07:00 Asia/Ulaanbaatar

TransUnion Study Finds that More than Half of New-to-Credit Consumers in the Philippines Gain Access to Credit at First Application

Personal loans are the first product of choice among Philippine’s new-to-credit consumers, followed by credit cardsFilipino new-to-credit consumers are held back from leveraging credit due to fears of losing control of personal finances and debt …
31
March
2023
| 10:30 Asia/Ulaanbaatar

TransUnion Report Finds Digital Fraud Attempts Fall 18% in the Philippines but Rise 80% Globally From Pre-Pandemic Levels

Global information and insights company and the Philippines’ first comprehensive private credit reference agency TransUnion (NYSE: TRU) has today released a new 2023 State of Omnichannel Fraud Report that examines digital fraud trends and prevention …
10
January
2023
| 14:00 Asia/Ulaanbaatar

Filipinos Upbeat on Income Growth but Much Less So on National Economy in 2023

Latest TransUnion Consumer Pulse Study shows that the majority of Filipinos expect their income to increase in 2023, but fears of recession grow. Filipinos plan to cut back on spending and build up savings amid rising inflation and a potential …
15
December
2022
| 12:00 Asia/Ulaanbaatar

Suspected Digital Holiday Shopping Fraud in the Philippines Increases 70% Compared to Last Year

TransUnion (NYSE: TRU) released new findings today around global e-commerce fraud that occurred during the start of the 2022 holiday shopping season. The analysis found that 15% of all global e-commerce transactions reviewed between the Thursday …
08
November
2022
| 09:00 Asia/Ulaanbaatar

Data Analysis and Digital Transformation are Keys to Greater Financial Inclusion

The need to drive digital transformation and increase the role of data in achieving greater financial inclusion across the Philippines was clear to all those that attended TransUnion’s recent Big Data Summit in Manila. Industry leaders and wider …
20
October
2022
| 09:00 Asia/Ulaanbaatar

More Filipinos Build Savings and Spend Less Amid High Inflation and a Possible Global Recession

Manila, Philippines, October 20, 2022 – The Q3 2022 TransUnion (NYSE: TRU) Consumer Pulse Study  reported that Filipinos continue to grow their savings in anticipation of a recession and possibly in response to the rising prices of goods and …