Fraudsters Lure Consumers With Highly Personal Nature Of Phone Calls [Forbes]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: Forbes
It's getting more and more difficult to keep up with fraudsters who are committing increasingly sophisticated scams involving multiple channels—including phone calls, SMS, email and beyond—as part of a complex process to take advantage of consumers. According to the Federal Trade Commission (FTC) , consumers lost over $10 billion in fraud in 2023. Imposter scams—which grew 71% from 2021-2023 —were the number one way consumers were defrauded in 2023. Imposter scams involve a fraudster pretending to be someone they're not to steal money or information. Email was reported as the most commonly used method to reach consumers in the FTC report, however, the phone channel accounted for the highest per-person losses. That's because the phone remains an incredibly popular communication channel for consumers, who want that personal experience, and for enterprises, who tend to rank the phone as one of their top strategic tools for improving the customer experience. With advances in artifici
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News
- The habits that could earn you an 800+ credit score [Yahoo! Finance]Yahoo! Finance
- Medical Debt Shows Up Less Often on Credit Reports [The New York Times]The New York Times
- TransUnion Declares First Quarter 2024 Dividend of $0.105 per ShareGlobeNewswire
- Fed holds interest rates higher for even longer as inflation remains high [FOX Business Network]FOX Business Network
- ‘If Americans want lower interest rates, they're going to have to do it themselves,' analyst says. Here's how [CNBC]CNBC
TRU
Earnings
- 4/25/24 - Beat
TRU
Sec Filings
- 5/3/24 - Form 4
- 5/2/24 - Form 144
- 5/1/24 - Form 144
- TRU's page on the SEC website