Under the terms of the agreement, TransUnion is set to include ID Analytics collections, credit, and identity risk solutions in its portfolio of service offerings. ID Analytics credit scores will thus provide TransUnion customers with real-time insight into consumers fraud risk and creditworthiness across the entire lifecycle including origination, portfolio management and collections.
The two companies are jointly delivering a suite of solutions that aim to reduce credit losses, improve collection efforts and lower costs associated with fraudulent transactions.
The solutions are currently offered in one of four ways: as an add-on to a TransUnion credit report, an add-on to Collection Prioritization Engine, as a stand-alone report from TransUnion or through pre-screen and portfolio review reports sent directly from ID Analytics. ID Analytics solutions are also available to TransUnion Direct self-service customers.
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