TransUnion Expands its Footprint in the Government Sector with New FEDLINK Contract Award

CHICAGO, Oct. 30, 2018 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced it has been awarded a multi-year contract by The Federal Library and Information Network (FEDLINK). This will significantly broaden federal agencies’ access to TransUnion’s credit data, public & alternative data, analytics, remote identity and device identification, fraud prevention managed services and investigative risk management offerings.

The Federal Library and Information Network (FEDLINK) is an organization of federal agencies working together to achieve optimum use of the resources and facilities of federal libraries and information centers by promoting common services, coordinating and sharing available resources, and providing continuing professional education for federal library and information staff.  FEDLINK serves federal libraries and information centers as their purchasing, training and resource-sharing consortium. As part of the agreement, TransUnion solutions that will be available via FEDLINK include:

• CreditVision – A suite of tools, fueled by enriched data, credit performance trends and behaviors, and analytics providing a comprehensive and trended view of an individual’s financial health.
• Prama – A suite of solutions changing how organizations explore data and act on insights. Prama uses advanced technologies to harness underlying data assets and applies advanced analytics to give customers the ability to make better decisions.
• IDVision – A solutions suite that enables consumer identity and digital verification, enhancing government organizations’ ability to effectively mitigate and manage cyber fraud.
• TLOxp – Over 100 billion public and proprietary data points, which help the government verify identities, authenticate businesses, accelerate due diligence on government vendors prior to contracting, identify potential threats, discover fraud, accelerate investigations, and combat fraud.

Recently, TransUnion was also among the first to be awarded a blanket purchase agreement by GSA’s login.gov for TransUnion’s remote identification and fraud prevention managed services and data analytics solutions.

“The FEDLINK award furthers our ability to provide the public sector with vital information through an unmatched combination of innovative credit and non-credit solutions to help protect both citizens, and government organizations from internal and external threats,” said Jonathan McDonald, executive vice president, Government Information Solutions, TransUnion. “The FEDLINK contract and our recent GSA award, make it much easier and more efficient for federal agencies to purchase and leverage TransUnion’s proven solutions, to better monitor and manage risks while reducing costs through improved organizational efficiencies.”

TransUnion’s Government Information Solutions division provides fraud, benefit eligibility verification, continuous evaluation services, identity authentication, data breach response, investigation services, and other key solutions to federal, state and local government agencies in the U.S. TransUnion’s solutions help both private and public sector organizations manage risks and reduce costs.

About FEDLINK
FEDLINK serves federal agencies, libraries and information centers as their purchasing, training and resource-sharing consortium. Its nearly 30 agency members include, but are not limited to, the Departments of State, Commerce, Defense, Energy, Air Force, Army, Navy and Veterans Administration, as well as the Supreme Court and the Smithsonian Institute.

About TransUnion (NYSE: TRU)
Information is a powerful thing. At TransUnion, we realize that. We are dedicated to finding innovative ways information can be used to help individuals make better and smarter decisions. We help uncover unique stories, trends and insights behind each data point, using historical information as well as alternative data sources. This allows a variety of markets and businesses to better manage risk and consumers to better manage their credit, personal information and identity. Today, TransUnion has a global presence in more than 30 countries and a leading presence in several international markets across North America, Africa, Latin America and Asia. Through the power of information, TransUnion is working to build stronger economies and families and safer communities worldwide.

We call this Information for Good^SM.

https://www.transunion.com/industry/government