TransUnion UK Named Credit Information Provider of the Year at the National Credit Awards
TransUnion, a global information and insights provider and one of the UK’s leading credit reference agencies, has been named Credit Information Provider of the Year at the National Credit Awards 2023.
The National Credit Awards recognise remarkable achievements in the UK credit space, honouring outstanding professionals and firms which contribute towards raising the standards within the credit arena.
This year, TransUnion was named Credit Information Provider of the Year for its achievements in several areas, including promoting credit education through its CreditView solution, supporting businesses and consumers in the current economic climate with its enhanced Affordability Report and Affordability Screening, as well as helping identify and reduce fraud with TruValidate.
“We’re honoured to have received this recognition, which is a testament to our mission of using information for good to support businesses and consumers through the current challenging economic conditions,” said Kelli Fielding, chief product officer at TransUnion in the UK. “This award highlights our commitment and quick action in helping lenders to have better insights into the consumer’s financial position to enable more informed decisions, whilst equipping consumers with the tools to improve their financial wellbeing.”
TransUnion was also highly commended in the Innovation Award, attributed to the company’s guidance for finance providers on the credit reporting aspects of the Mortgage Charter relief scheme, as well as using enhanced data and insights to support businesses as they address the requirements of the new Consumer Duty regulation from the Financial Conduct Authority (FCA).
To find out more about TransUnion’s product and solutions, visit the website.