TransUnion Enhances Decisioning Solutions through Partner Program Expansion

Chicago, Ill. — As the global economy shifts and consumer
credit markets evolve, credit decisioning requirements have become even more
complex and customized. To better address the rapidly evolving needs and
priorities of financial institutions, TransUnion (NYSE: TRU) announced today an
expansion of its go-to-market strategy for decisioning solutions by including
leading decisioning platforms within its global
Strategic Alliance
Distribution Partner Program
.


The expansion was driven by TransUnion’s
extensive research of how to best
meet long-term decisioning needs within the financial services industry. The findings
uncovered a growing need for more open and flexible platforms with self-service
capabilities—both of which empower business users to change custom rules, add
new data sources, and update custom risk models to adapt to the market in
real-time. To deliver the best service possible, TransUnion’s world-class data
and analytics solutions are now also available via Strategic Alliance partners
for credit decisioning.

“Today’s announcement will ensure financial
institutions—both large and small—gain access to
world-class data and analytics solutions in rapid fashion,”
said
Aaron Smith, TransUnion’s vice president
of global platform partnerships.
“In selecting partners for the program, we engaged in a
rigorous evaluation that included 130 categories and 20 sub-categories. Based
on their assessment and our customers’ current and future needs, we partnered
with industry-leading decisioning platforms such as GDS Link, Provenir, and
others.

 

The new partners expand on TransUnion’s existing
Strategic Alliance Distribution Partner Program, which includes leading
providers
within Collections, Loan Origination Systems,
Data Analytics, Core platforms, and more. The addition of decisioning providers
will
meet customers’ rapidly evolving
needs for increasingly complex and custom decisioning requirements across the
customer lifecycle.


“As a global leader in credit risk management, we are
thrilled to join TransUnion’s Strategic Alliance Distribution Partner program
for decisioning,” said Paul Greenwood, CEO of GDS Link. “Our customer-centric
decisioning automation platform, Modellica, coupled with TransUnion’s
world-class data and analytics, provides a better experience for lenders and
borrowers alike. Together, business users can expand upon the value of their
TransUnion data, while they build, test, and deploy risk strategies in
real-time without the need for heavy reliance on IT resources.”

In addition to the
agility and flexibility made possible by decisioning partners, business users
can also
greatly expedite
the delivery of much-needed roadmap items and key functionality that can
immediately solve for their requirements.

“Organizations must be able to make accurate credit decisions
instantly to deliver superior customer experiences, and Provenir’s AI-powered
decisioning platform makes it possible by bringing together the essential
components of data, AI and decisioning,” said Kathy Stares, Executive Vice
President, North America for Provenir. “We’re enjoying great success partnering
with TU to help clients respond quickly to market changes and make smarter,
real-time decisions.”

While partner availability varies by region, customers who
require an industry-standard solution to drive their prequal and prescreen strategies
can still rely on TransUnion for its decisioning solutions and ongoing support,
keeping their data, attributes, and scores available in a flexible, scalable
manner which fits their needs.

Find out more about TransUnion’s Strategic Alliance
Distribution Partner Program network
here.

About TransUnion (NYSE:TRU)

TransUnion is a global information and insights company that
makes trust possible in the modern economy. We do this by providing an
actionable picture of each person so they can be reliably represented in the
marketplace. As a result, businesses and consumers can transact with confidence
and achieve great things. We call this Information for Good.® A
leading presence in more than 30 countries across five continents, TransUnion
provides solutions that help create economic opportunity, great experiences and
personal empowerment for hundreds of millions of people.

http://www.transunion.com/business

About Provenir

Provenir helps fintechs and financial services providers make
smarter decisions faster with our AI-Powered Risk Decisioning Platform.
Provenir brings together the three essential components needed – data, AI and
decisioning – into one unified risk decisioning solution to help organizations
provide world-class consumer experiences. This unique offering gives
organizations the ability to power decisioning innovation across the full
customer lifecycle, driving improvements in the customer experience, access to
financial services, business agility, and more. Provenir works with disruptive
financial services organizations in more than 50 countries and processes more
than 3 billion transactions annually.

About GDS Link

GDS Link is a global leader in credit risk management,
providing tailored software solutions and analytical and consulting services.
Our customer-centric risk management and process-automation platforms are
designed for the modern lender in their pursuit to capitalize on the entire
credit lifecycle. By providing a personal, consultative approach and leveraging
our own industry-leading knowledge and expertise, GDS Link’s solutions and
services deliver exceptional value and proven results to thousands of clients
around the world.

TransUnion Enhances Decisioning Solutions through Partner Program Expansion
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