Tag "TransUnion"

TransUnion Hong Kong, Baihang Credit to Promote Financial Inclusion in GBA

Consumer credit reporting agency TransUnion has partnered with a Baihang Credit, Chinese licensed personal credit reference agency, to promote financial inclusion in the Greater Bay Area (GBA). This partnership will enable mainland consumers to have efficient and convenient access to

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TransUnion Picks Provenir to Leverage Its AI-Powered Risk Decisioning Platform

Provenir, an AI-powered risk decisioning software provider, announced it has been selected to join TransUnion’s Strategic Alliance Distribution Programme. Through this alliance, TransUnion’s clients will be able to take advantage of Provenir’s platform to gain deeper insights for greater decisioning

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TransUnion Acquires Neustar for US$3.1 Billion to Enhance Digital Identity Capabilities

American consumer credit reporting agency TransUnion has signed a US3.1 billion deal to acquire Neustar, an identity resolution company, from a private investment group led by Golden Gate Capital and with minority participation by GIC. ​​​​​​Neustar’s security business, which is

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TransUnion Study Notes Uptick in Digital Fraud Attempts in Hong Kong

TransUnion’s latest quarterly analysis of global online fraud trends found that since the COVID-19 pandemic began, fraudsters in Hong Kong are increasing their digital schemes against businesses. In addition, provisional findings of TransUnion’s recent Global Consumer Pulse Study found that

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Millennials Most Targeted Group by Hong Kong Digital Fraudsters

The quarterly analysis of online fraud trends in Hong Kong by TransUnion found the percentage of suspected fraudulent digital transactions originating in Hong Kong fell by 10% despite a 5% rise globally for the same period. In this quarter, TransUnion

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Lending Activity Decreases and Loan Defaults on The Rise in Hong Kong Amid COVID-19

The newly-released TransUnion Q1 2020 Industry Insights Report shows that COVID-19 has severely amplified the impact of the 2019 Hong Kong recession, and started to shape the consumer credit market in a number of distinct ways. With economic conditions worsening

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Wesurance launches Hong Kong’s First Insurance App Featuring AI and eKYC

Wesurance, a Hong Kong-based InsurTech startup, takes the city’s insurance sector into a new era with the launch of the industry’s first mobile platform for insurance services in partnership with Allied World Assurance Company, Ltd and TransUnion. The platform makes

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Announcing the Launch of HK’s First Mobile Platform for Insurance Purchasing and Claiming

Wesurance, a Hong Kong-based InsurTech provider will launch of Hong Kong’s first mobile platform for insurance purchasing and claiming. Developed in partnership with two industry leaders, Allied World Assurance Company, Ltd and TransUnion, the platform features key technological innovations, including

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The Peer To Peer Lending Industry In Hong Kong – High In Potential & Competition

Hong Kong is a well known financial centre in Asia which serves as a gateway to China. According to one of the subsidiary Hong Kong Exchange, there are 157 licensed banks and 1280 licensed money lenders in Hong Kong. So

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