Banking and Credit Card Issuers

Staying competitive in today's banking industry requires solutions that help you take advantage of new opportunities and attract and retain the most valuable customers. TransUnion offers solutions that give you the information and insight to grow your share of customer wallet.

TransUnion offers business intelligence solutions that extend your services and help you best meet the needs of your customers. Our data and analytics help you: 

Whether you're a mid-sized institution, global financial services provider or credit card issuer, we'll work with you to make the most of every opportunity. Whatever your objectives, our business intelligence and decisioning solutions can be tailored to help you better target prospects, accelerate technology migration and build stronger client relationships. For example, take advantage of these powerful solutions:

• DecisionCentre®—Transform the way you attract new customers, target products and services, and manage risk with our Web-based ASP platform. Streamline and standardize time-consuming processes from end to end using your own rules and policies—and your choice of internal and external data, including data from both credit reporting agencies. Preconfigured applications make it fast, easy and affordable to integrate with your current Application Management System.
• Dynamic Monitoring—Identify customers based on specified behaviour and take timely action. You set the criteria and thresholds for key changes in behaviour and are alerted of their occurrence on a schedule you specify—monthly, weekly and even daily. This allows you to identify marketing opportunities with greater clarity and to target the right offers to the right customers.
• Aggregate Data—This solution aggregates credit report characteristics at your choice of two levels: Postal Code and Neighbour (sub-groups of at least 15 credit-active people).
• Risk Score—Better identify different levels of risk with the TransUnion Risk Score, tuned for regional differences in four key markets—Toronto, Montreal, Vancouver, and Calgary—and with a 12-month performance period. Make more informed decisions about customers and prospects, and increase profitability at every stage of the customer lifecycle.
• Bankruptcy Score—Predict an individual’s likelihood of bankruptcy in the next 18 months with the TransUnion Bankruptcy Score, which is based on tradelines involved in a bankruptcy, not just public-record bankruptcies. For more predictive power, it is recommended that our Bankruptcy Score be used with our Risk Score. This can help you better identify customers who may be good risks today but would pose heightened bankruptcy risk in case of a sudden adversity like unemployment, divorce or market losses. Make more informed decisions about customers and prospects, manage risk more effectively and reduce losses.