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About
Trans Union
As a leading
global information solutions provider with 3600 employees
worldwide, TransUnion LLC enables businesses to effectively
manage their financial risks and capitalize on market opportunities
with innovative credit decisioning tools and information.
The company's products and services are shaped by customer
needs and reflect the most advanced, tailored solutions
for diverse industry sectors.
TransUnion serves
a broad range of industries including financial and banking
services, insurance providers, mortgage and real estate
services, direct marketers and retailers, collection agencies,
communication and energy companies and healthcare facilities.
TransUnion's extensive product offerings meet the changing
credit requirements of customers not only by providing basic
credit reports
but also by developing and marketing a broad range of information
products and services such as risk and profitability models,
credit approval assessment, fraud prevention, portfolio
management and target marketing tools.
TransUnion also
leverages its role as facilitator to engage and educate
consumers, building better relationships between businesses
and consumers. It does so by improving accuracy, fraud protection,
understanding and trust to drive continued economic growth
and consumer prosperity.
Following are
some facts that help describe TransUnion:
Founded: 1968
Headquarters: Chicago, Illinois
Size: 3600 employees worldwide
Parent: The Marmon Group
U.S. Reach: Operations in all 50 States
Global Reach: Offices on 5 continents and in 12 countries
Monthly Processing: 2.1 billion items of information
Current Data Managed: 1 Terabyte of data (appox)
TransUnion
Highlights:
TransUnion was
founded in 1968 to serve as the holding company of a railcar
leasing organization called the Union Tank Car Company.
In 1969, TransUnion acquired the Credit Bureau of Cook County,
Illinois.
Designed and implemented the first automated tape-to-disc
transfer system, replacing manual data-entry.
Built the first online information storage and retrieval
data-processing system - the Credit Reporting On-line Network
Utility System (CRONUS) - to serve credit grantors nationwide.
TransUnion was the first to implement the technology to
enable accurate identity searches based on a person's nickname.
TransUnion opened the nation's first dedicated unit to assist
consumers with credit fraud, the Fraud Victims Assistance
Department, in 1991 in Fullerton, California.
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