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Stock impact report

The Fintech Stock That Could Disrupt the Credit-Scoring Business Over the Next Decade [Globe and Mail, The (Toronto, Canada)]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
With the advent of artificial intelligence, however, the opportunity to improve the industry's capabilities became too compelling to pass up. Surprisingly, only one company dominates this new approach to helping lenders assess would-be borrowers. For decades, credit bureaus Equifax (NYSE: EFX) Experian (OTC: EXPGY) , and TransUnion (NYSE: TRU) dominated the industry they largely shaped. There was no room or reason for another player. As has been the case for so many other businesses, time and technology are changing this one. A relatively young outfit appropriately called Upstart (NASDAQ: UPST) is disrupting the credit-scoring industry in a way that TransUnion, Experian, and Equifax arguably should have when they had the chance. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Show less Read more
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