TransUnion is one of the three major credit reporting agencies in the United States, alongside Experian and Equifax. It collects and maintains data on consumer credit histories from various sources, including lenders, credit card companies, and other financial institutions. TransUnion provides credit reports, credit scores, and credit monitoring services to both consumers and businesses. Its primary role is to help lenders assess the creditworthiness of individuals and businesses, facilitating lending decisions and risk assessments. TransUnion also offers identity protection services and tools to help consumers manage their credit reputation.
TransUnion Acquires Monevo for Enhanced Credit Solutions TransUnion is set to strengthen its foothold in the credit market by fully acquiring Monevo, a platform based in the UK that specializes…