TransUnion, a publicly owned company founded in 1968 and headquartered in the U.S., is a provider of credit rating services. Employing over 10,520 people, the company's primary business involves marketer and agency technology. In 2024, TransUnion reported revenues exceeding $1 billion.
TransUnion Philippines, in collaboration with banks, announced plans to recommend anti-fraud measures following the Fraud Industry Council's first anniversary in late 2024. The Council aims to improve the country's fraud defenses and build trust in its financial system. Separately, TransUnion reported a data breach on July 28, resulting in the exposure of Social Security numbers and birth dates for 69,000 Wisconsin residents and 4 million people nationwide. The breach occurred through a compromised third-party application; however, core credit reports were not accessed. In unrelated news, Mn Services Vermogensbeheer B.V. increased its stake in TransUnion shares by 8.1% during the second quarter, according to a Form 13F filing with the Securities and Exchange Commission. Finally, TransUnion noted the rising threat of synthetic identity fraud in the UK, with volumes linked to such fraud increasing by 184% since 2019.
TransUnion offers 2 products in the ad tech industry. TransUnion's product portfolio comprises of ad measurement and verification and marketer and agency technology.
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TransUnion's revenues were $4.2B in 2024. Caretta Research has split TransUnion's revenue into 4 different product categories, the largest of which is customer data platforms (CDP), which represents 72% of TransUnion's revenue.
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