TransUnion Expands Fraud and Identity Management Solutions With Acquisition of Truste…

TransUnion (NYSE: TRU) is building on its success as a trusted source of fraud and identity management solutions with the acquisition of Trustev, a global provider of digital verification technology to multiple industries. TransUnion’s fraud and identity management solutions analyze identity data in order to reduce risk exposure and potential losses. Trustev’s technology evaluates online transactions in real time with machine learning, enabling customers to stop fraud and authorize legitimate purchases. Based in Cork, Ireland, Trustev has a strong record of innovation in profiling devices, analyzing digital behaviors and verifying online identities. “As fraud grows in volume and sophistication, TransUnion continues to invest in building our global capabilities to help companies manage their risk,” said Jim Peck, TransUnion’s president and chief executive officer. “Holistic information is a powerful tool to…


Link to Full Article: TransUnion Expands Fraud and Identity Management Solutions With Acquisition of Truste…