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TransUnion history
TransUnion company history timeline
They took their company, TRW, into the credit reporting industry in 1968 by acquiring a company called Credit Data.
TransUnion’s credit business began with the purchase of Credit Bureau of Cook County (CBCC) in 1969.
The company continued to see massive growth and rebranded as Equifax in 1976.
Union Tank Car Company sold TransUnion to The Marmon Group in 1981.
In 1981, a Chicago-based holding company, The Marmon Group, acquired TransUnion for approximately $688 million.
As TRW started to grow in the United States, a similar company called GUS was gaining popularity in the UK. In 1995, TRW put its business up for sale and GUS made an offer.
Once GUS bought the company in 1996, it rebranded as Experian.
2007 CIBIL Score, India’s first generic risk scoring model for banks and financial institutions, was introduced.
2010 Two firsts for the credit industry in India with the launch of:
2011 CIBIL TransUnion Score is made available to individual consumers.
2013: In October 2013, TransUnion launched CreditVision, an evolution of the traditional credit score that is designed to better identify consumer trends, consumer behavior, and debt and repayment data.
In November 2013, TransUnion acquired TLO LLC, a company that leverages data in support of its investigative and risk management tools.
Cartwright joined the company in 2013 and served as our President of United States Information Services (USIS) prior to his appointment.
In 2014, the company also acquired TLO, which collects data on people and companies from about one hundred thousand sources of data, for $154 million.
In 2014, a TransUnion analysis found that reporting rental payment information to credit bureaus can positively affect credit scores.
2015: In January 2015, TransUnion revamped its brand and mantra with the goal of conveying its desire to empower consumers to make smarter decisions and live better lives.
2015: In June 2015, TransUnion becomes a publicly-traded company for the first time in its history.
In 2015, TransUnion acquired Trustev, a digital verification company specializing in online fraud for $21 million, minus debts.
In 2016, it posted total revenue of about $1.7 billion.
In September 2017, Equifax announced it had suffered a security breach.
In 2017, TransUnion acquired FactorTrust, a consumer reporting agency specializing in alternative credit data.
In mid-April 2018, TransUnion announced it intended to buy UK-based CallCredit Information Group for $1.4 billion, subject to regulatory approval.
In 2020, Experian had a data breach that impacted up to 24 million South African consumers and 800,000 businesses.
In February 2021, Experian announced it was investigating the possibility that it was involved in a data breach with its Brazilian customers.
On 1 December, 2021 , TransUnion completed the acquisition of Neustar
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TransUnion competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fiserv | 1984 | $20.5B | 44,000 | 355 |
| Mastercard | 1966 | $1.8T | 25,000 | 572 |
| Intuit | 1983 | $16.3B | 10,600 | 1,080 |
| Bain & Company | 1973 | $4.5B | 10,500 | 92 |
| LendingClub | 2006 | $5.1M | 1,384 | 109 |
| Citi | 1812 | $74.3B | 210,000 | 1,324 |
| Morningstar | 1984 | $1.7B | 7,979 | 86 |
| Morgan Stanley | 1935 | $3.0B | 68,097 | 1,140 |
| Manhattan Associates | 1990 | $1.0B | 2,100 | 22 |
| Lexis Nexis | - | - | - | 275 |
TransUnion history FAQs
Zippia gives an in-depth look into the details of TransUnion, including salaries, political affiliations, employee data, and more, in order to inform job seekers about TransUnion. The employee data is based on information from people who have self-reported their past or current employments at TransUnion. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by TransUnion. The data presented on this page does not represent the view of TransUnion and its employees or that of Zippia.
TransUnion may also be known as or be related to TransUnion, TransUnion Holding Company, Inc., TransUnion Information Solutions, Inc., TransUnion LLC and Transunion.