Newsroom TransUnion Canada

TransUnion Promotes Ashish Khattar to Chief Revenue Officer of Canada

TransUnion (NYSE:TRU) has promoted Ashish Khattar to Chief Revenue Officer of Canada. With a successful track record and extensive financial services and information solutions experience, Khattar … Read more

Suspected Digital Fraud Originating from Canada Soars in 2023; Canada with Third Highest Increase in Fraud Rates Among 19 Countries Analyzed by TransUnion

Key Findings:39% growth in the rate of suspected digital fraud attempts year-over-year (YoY) for transactions originating from Canada in 2023.60% of Canadians surveyed said they were recently … Read more

Canadian Consumer Credit Market Reaches a New High, Driven by Credit Demand from New-to-Credit Canada Consumers

Key findings from TransUnion report:Consumer credit-active population growth is primarily driven by New-to-Credit consumers, with those being New-to-Canada driving the trend.Canada’s credit market … Read more

More TransUnion Press Releases

January

2024

| 14:01 Europe/Amsterdam

Enrollments for Self-Credit Monitoring Increase as Canadians Seek New Credit and Look to Manage Debt, Reveals New TransUnion Study

Nearly half (42%) of surveyed Canadians monitor their credit report to help obtain new credit and 45% look to better manage debt.
Underserved and new-to-credit consumers benefit from greater credit …

January

2024

| 12:00 Europe/Amsterdam

Nearly One Third of Canadians Expect to Be Unable to Pay their Bills in Full, 33% of Whom Plan to Increase Reliance on Credit to Stay on Top of Bills or Loans – TransUnion Study

Q4 2023 TransUnion Canada Consumer Pulse study key findings:

43% report that their household finances are worse than planned in Q4.
43% feel optimistic about household …

December

2023

| 12:00 Europe/Amsterdam

Canadians Increase E-Commerce Activity During Black Friday Shopping Period Despite 80% Concerned about Falling Victim to Online Fraud Over Holidays – TransUnion study

Key Findings:

80% of Canadians surveyed are concerned about falling victim to online fraud during the 2023 holiday season.
70% are concerned about sharing personal …

December

2023

| 12:00 Europe/Amsterdam

Canadian Credit Market Reaches Record High Participation

Total Canadian credit active consumers holding at least one credit product at an all time high of 31.2 million.
While average credit card balance per consumer rose due to higher cost of living, the number of …

September

2023

| 15:37 Europe/Amsterdam

Nearly Half (49%) of Canadians Said They Were Recently Targeted by Fraud; Around 1 in 20 Digital Transactions in Canada Suspected Fraudulent in H1 2023, Reveals TransUnion Canada Analysis

Fraudsters in Canada increased their scams against Telecommunications (up 400% YoY), Insurance (up 90% YoY) and Online Communities (up 75% YoY) the most

TransUnion Points to Key Tips for Canadians to Mitigate Risk of Falling Victim to …

August

2023

| 12:00 Europe/Amsterdam

Canadian Consumers Turn to Credit for Liquidity

Demand for credit continues to grow, likely fuelled by consumers seeking additional liquidity in response to high cost of living.
Increased debt levels and higher interest rates contributed to higher minimum …