Improve risk and lending strategies across the customer lifecycle with deeper, more comprehensive data and analytics
Financial services companies need to be at the top of their game in the highly-competitive lending space to ensure long term success, sustainability and economic growth. This means you need to find ways to optimise credit and risk practices in ways that align with your business goals – without significantly increasing your risk exposure. To achieve this, you need to effectively target and onboard the right customers from the get go with the right product offering; efficiently manage and grow your accounts and optimise recoveries when necessary. And you need to perform these actions securely to protect your organisation from ever-evolving fraud attempts. Furthermore, the challenges faced today go beyond the tough macroeconomic landscape to include complex regulatory and compliance factors that need to be considered.
The most practical way to achieve business success in such an environment is to enhance your credit and risk management practices across the credit lifecycle. You can do this by accessing quality and reliable data, and analysing and understanding it to maximse the insights obtained and minimise the risk linked to extending credit.
TransUnion’s extensive experience, state-of-the-art technology and data management platform enables us to bring our customers the innovative and relevant solutions needed to achieve optimised results within their existing base, but also helps them to onboard the right customers. You can rely on our deep, comprehensive, accurate and up-to-date data to arm you with the insights needed to achieve success in all areas of your business and strengthen the relationships with your customers. Our ultimate goal is helping you achieve yours.
We provide credit and risk management solutions that help you better understand customers and associated risks.
Armed with our data and technology your business can make risk decisions with confidence - across the credit lifecycle
Consumer Credit Index shows credit conditions challenging in Q3, but not deteriorating rapidly
Consumer Credit Index increased in the second quarter 2017 to 53.8 from a revised 50.8 (preliminary 52.4)
Consumer Credit Index increased in the first quarter 2017 to 52.4 from 49.7
Consumer Credit Index declined in the fourth quarter 2016 to 49.6 from an upwardly revised 50.3