- February 22, 2022
- Posted by: Bastion team
- Category: World News
Verisk Financial’s leading business, Argus Information & Advisory Services, focuses on credit and debit card accounts and demand deposit account behaviors that complement TransUnion’s core consumer credit business.
Together, Verisk Financial and TransUnion create a “full wallet view” of consumer spend and produce actionable new insights into consumer behavior for participating customers.
CHICAGO, Feb. 22, 2022 (GLOBE NEWSWIRE) — TransUnion (NYSE:TRU) has signed a definitive agreement to acquire Verisk Financial Services, the financial services business unit of Verisk (Nasdaq: VRSK). Verisk Financial is relied upon by leading financial institutions, payments providers and retailers worldwide for competitive studies, predictive analytics, models and advisory services to provide a clear perspective on where their business stands today — and how to best position them for success in the future.
Verisk Financial’s leading business, Argus Information & Advisory Services, provides proprietary competitive portfolio performance insights sourced from a consortium of financial institutions, which complements TransUnion’s ability to help participating customers understand consumer behavior through a “full wallet view.” Around the core Argus business, Verisk Financial has added capabilities to address merchant fraud, regulatory compliance and consumer bankruptcy for financial institutions around the world.
TransUnion has agreed to acquire Verisk Financial for…