CONNECT WITH US
Fintech

Fintech

TransUnion and Bankrate Expand Partnership to Power More Personalized Credit Offers for Millions of Consumers

Global Fintech Series logo

Published on

Add as a preferred source on Google
TransUnion and Bankrate Expand Partnership to Power More Personalized Credit Offers for Millions of Consumers

TransUnion (NYSE: TRU) announced today that it is making it easier for millions of Americans to find personalized credit offers that meet their needs. The company’s new innovation delivers smarter matching by combining Bankrate’s lender marketplace with TransUnion’s credit data and Monevo offers technology.

Building on more than a decade of collaboration with Bankrate, the capability gives consumers a more personalized experience and helps lenders and publishers reach consumers with more relevant offers. Consumers can access the offering today in TransUnion Credit Essentials, a free credit app and web experience that helps consumers take control of their financial health.

“Consumers have many credit choices and not enough clarity,” said Steve Chaouki, President, U.S. Markets, TransUnion. “By combining TransUnion’s data with our Monevo offers platform and Bankrate’s lender partnerships, we’ve built a capability that makes offers more precise. Credit Essentials is our first proof point, and we’ll bring this to many more experiences where consumers and lenders meet.”

Read More on Fintech : Global FinTech Interview: AI and the future of fintech with Hugh Cumming, CTO, Vena

Bankrate’s broad network of lender relationships and its marketplace and auction technology put lenders in real-time competition for consumers, so matches cover more products, more providers and more competitive offers. Monevo draws on multiple sources, including credit data, alternative data and consumer intent signals. Its decisioning engine then matches each consumer with highly personalized credit offers from a broad panel of lenders. Consumers see offers that can fit their needs, so they can choose with clarity and confidence.


Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.