TransUnion Retains Crown as Credit Information Provider of the Year at The Credit Awards 2022
TransUnion, a global information and insights company, has been named Credit Information Provider of the Year in the Credit Awards 2022.
A flagship event for the credit and financial services industry, the Credit Awards celebrates best-in-class performance, rewarding innovation and industry-shaping solutions, with TransUnion’s win affirming its status as a leading UK credit reference agency.
Satrajit “Satty” Saha, CEO of TransUnion in the UK commented: “We’re delighted to receive this award for the second year running. Credit information is at the core of our offering, helping us derive insights to support both businesses and consumers, aligned with our commitment to using Information for Good.
“From our pioneering work in the buy now, pay later space, to helping credit providers and consumers navigating economic uncertainty, this award attests to the crucial role that data and insights play. I want to thank our dedicated colleagues for their drive and enthusiasm – this accolade is a reflection of all their hard work.”
The award hailed TransUnion’s achievements in several areas including:
- Being the first UK credit reference agency to accept buy now, pay later data into credit reports, having developed new credit search types and industry guidance
- Market leading affordability and ID verification solutions that use credit information to support a wide range of business sectors
- Client satisfaction which saw a huge increase in 2021, with TransUnion supporting businesses and consumers through the many changes the pandemic brought
- Credit education, acknowledging the work TransUnion has done to help consumers better understand their credit information and how it’s used
“Data is at the heart of all our solutions which is why this award means so much to us,” said Shail Deep, chief product officer of TransUnion in the UK. “We harness the power of information to help deliver the right outcomes for consumers and we’re delighted that the judges called out how this is reflected with buy now, pay later, where we’re driving change by bringing new data into consumer credit reports.”
Kelli Fielding, managing director of consumer interactive of TransUnion in the UK added: “This is a fantastic achievement! We’re committed to helping consumers better understand their credit information so they can build their credit score if need be, improving access to finance. We’re really proud that our efforts have been recognised in this way.”
TransUnion offers specialist services in fraud, identity and risk management, automated decisioning and demographics, supporting organisations across sectors including finance, retail, telecommunications, utilities, gaming, government and insurance.