TransUnion

07/29/2024 | Press release | Distributed by Public on 07/29/2024 11:58

TMC Names TransUnion a 2024 Communications Solutions Product of the Year Award Winner

TransUnion (NYSE: TRU)announced today that TMC, a global, integrated media company, has awarded TruContact™ Spoofed Call Protection (SCP)a 2024 Communications Solutions Product of the Year Award.

Spoofed Call Protection helps businesses prevent fraudsters from spoofing their numbers by digitally signing and authenticating outbound calls. The product, which works in conjunction with efforts by communications service providers (CSPs), helps businesses protect their brand and their customers from phone fraud.

James Garvert, Senior Vice President, Communications Solutions at TransUnion, said, "With advances in artificial intelligence, deep fake technology and large language models, phone scams have grown more complex, convincing and costly. In fact, the FTC reported imposter scams were the number one way consumers were defrauded in 2023-and scammers often seal the deal by phone. Spoofed Call Protection is unique in that it helps ensure spoofed calls are stopped even before they reach the consumer."

"Consumers are increasingly vulnerable to sophisticated social-engineering scams and other types of fraud," said Rich Tehrani, CEO, TMC. "Spoofed Call Protectionis truly an innovative product that will help reduce fraud and restore trust in the phone channel, which is why we honored TransUnion with a Communications Solutions Product of the Year Award."

About TransUnion (NYSE: TRU)

TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® - and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

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