Reliable off-chain credit scoring on the blockchain provides better service and attracts participants to DeFi.
TransUnion's latest quarterly study found most Americans could be experiencing a 'personal recession' with 54% stating their incomes were not keeping up with inflation.
On Tuesday, TransUnion launched TruValidate Device Risk to reduce false positive applications that the firm said cost businesses billions.
According to TU's data, the fraud attempt rate decreased by 22.6% globally in the first quarter compared to Q1 last year.
The Quadrata team launched their first major product, a low code Web3 passport for DeFi KYC after they formed less than eight months ago in Aug. 2021.
The results of TransUnion’s new global credit study challenge industry perceptions and give direction to serving new-to-credit consumers.
According to TransUnion Insights, in Q3 2022 consumers turned to unsecured personal loans and credit cards for breathing room.
Wednesday, Federal Reserve chair Jerome Powell announced the fed would raise interest a half a percent to combat post-pandemic inflation.
TransUnion added lending decision firms to its Strategic Alliance Distribution Partner Program, like the fintech Provenir and GDS Link.
By the end of 2022, crypto lenders will check customer credit reports through a partnership between Spring Labs and TransUnion.