TransUnion plans to purchase Mexico’s biggest credit bureau’s consumer credit business for $560 million. The deal, announced Thursday (Jan. 16), makes it the majority owner of Trans Union de Mexico, an arm of the country’s Buró de Crédito. “Our expansion in Mexico continues our commitment to making trust possible...
In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. However, the lack of transparency surrounding these loans has raised concerns about the potential risks they pose to consumers and the wider economy,...
Experian has launched a new Open Data lending solution that makes it quick and easy for small businesses (SMBs) to apply for financing, according to the credit bureau in a blog on Wednesday (Oct. 30). Experian Commercial Acumen lets businesses avoid most of the loan...
Synthetic ID fraud costs banks $2 billion a year. The bad guys are so crafty that the credit bureaus are unwitting accomplices to the fraud. Traditional methods of catching ID theft fall short, as Naftali Harris, co-founder of SentiLink says in the latest Monday Conversation...
April 01, 2019
Synthetic ID fraud costs banks $2 billion a year. The bad guys are so crafty that the credit bureaus are unwitting accomplices to the fraud. Traditional methods of catching ID theft fall short, as Naftali Harris, co-founder of SentiLink says in the latest Monday Conversation – and what we need now, he contends, is an ID bureau that separates good consumers from the fake ones.
February 27, 2019
Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some far-reaching changes. In the meantime,...
February 27, 2025
There’s a new source of stress facing America’s already-stressed student loan borrowers. For the first time since the pandemic, delinquent payments will be added to their credit histories. This is happening, as Bloomberg News reported Thursday (Feb. 27), at a time when more than 9 million borrowers are behind on payments. That figure makes up an estimated […]
January 16, 2025
TransUnion plans to purchase Mexico’s biggest credit bureau’s consumer credit business for $560 million. The deal, announced Thursday (Jan. 16), makes it the majority owner of Trans Union de Mexico, an arm of...
May 07, 2024
In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. However, the lack of transparency surrounding these loans...
