back Back

Union Credit announces partnership with TransUnion

By Leandra Monteiro

April 10, 2023

  • Automation
  • Credit Score
  • Digital Lending
Share

Union Credit, TransUnion Union Credit, a marketplace for credit unions to make firm, one-click credit offers at the point of purchase, announced a partnership with TransUnion to better serve the evolving credit needs of consumers.

Union Credit is a FinTech startup with a mission to help credit unions acquire new, credit-worthy members from outside their ecosystems. Partnering with TransUnion enables lenders in the Union Credit marketplace to deliver consumers convenient, transparent financing in their everyday retail and financial experiences.

“Union Credit opens the doors for credit unions’ trusted relationships and competitive rates to become available in new marketplaces,” said Sean Flynn, senior director of community financial institutions at TransUnion. “We are excited to be a part of this movement by serving as the data provider of choice for their unique marketplace. Together we are empowering lenders to make more informed decisions, serve consumers more efficiently and effectively and increase financial opportunity for all.”

Data and automation will continue to play a critical role in shaping the future of lending and digital engagement. Leading credit unions recognize this, which is why a number of them have already entered Union Credit’s data-driven marketplace.

Dave Buerger, CEO of Union Credit said, “TransUnion provides the fast, convenient access to data we need to give consumers more control over their financial opportunities. With TransUnion’s innovative trended credit attributes, algorithms, and fraud tools, Union Credit can more intelligently assess borrower creditworthiness, and help participating lenders determine appropriate loan amounts, interest rates and repayment terms, and make more relevant offers to consumers. This robust marketplace will be a game-changing product for all Americans in need of affordable credit.”

Previous Article

April 10, 2023

Point Hope launches funding platform to acquire Asian consumer NPLs

Read More
Next Article

April 10, 2023

Cardstream unveils white label PayFac-as-a-Service

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

Automation

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Finastra taps Databricks to boost AI capabilities & enhance services

Read More

Today

FinBox & Capital Now team to enhance digital onboarding and risk assessment

Read More

Today

Surge in digital identity fraud is a major problem for financial services, research reveals

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023