Nearly Half (49%) of Surveyed 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
September 12, 2023 09:15 ET
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TransUnion
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...
Canadian Consumers Turn to Credit for Liquidity
August 29, 2023 06:00 ET
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TransUnion
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...
Bracing for a Possible Recession, 34% of Canadians Build Up Savings, Following a Record High in Stockpiled Savings Through the Pandemic; 54% Cut Discretionary Spending, Reveals TransUnion Study
July 10, 2023 06:00 ET
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TransUnion
Q2 2023 TransUnion Canada Consumer Pulse study key findings: Top 3 financial concerns: inflation (47%); increasing house prices (14%); possibility of recession (11%)32% anticipate being unable to pay...
Strong Borrowing Activity and Participation Continues in the Canadian Credit Market
May 31, 2023 06:00 ET
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TransUnion
Continued strong balance growth in Canada’s credit market during the first quarter of 2023, despite concerns of a looming recessionCanadian consumers demonstrate healthy credit performance and...
Fraud Concerns Determine who Canadians choose to do Business with, Reveals New TransUnion Survey
March 22, 2023 06:00 ET
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TransUnion
Consumers abandon online shopping carts (40%), financial product applications (38%) and websites (69%) if they lack confidence in data or fraud security protection 46% consider security of personal...
Credit Health in Canada Remains Steady Despite High Interest Rate and Inflation Environment
March 01, 2023 06:00 ET
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TransUnion
Amidst an economic environment of rising interest rates and high inflation, consumers continued to look to credit as a means to help stave off financial pressures during the fourth quarter of...
New TransUnion Study Finds Canada’s New-to-Credit Consumers Prove to be Similar, if Not Better, Risks Than Established Credit Users
January 25, 2023 08:15 ET
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TransUnion
TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- New-to-credit consumers – those early in their credit journeys – in Canada and across the globe generally perform as well or better than borrowers with...
More than Half (55%) of Canadians Surveyed Say Their Incomes Aren’t Keeping Up With Inflation
October 12, 2022 06:00 ET
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TransUnion
Q3 2022 TransUnion Canada Consumer Pulse study key findings: 54% reported reducing discretionary spending over the last three months. 61% said their household income remained unchanged over the...
Canadian Digital Fraudsters Increasingly Target Insurance Industry in First Half of 2022
September 22, 2022 06:00 ET
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TransUnion
TORONTO, Ontario, Sept. 22, 2022 (GLOBE NEWSWIRE) -- According to a TransUnion Canada TruValidate study, for the second consecutive quarter, the rate of suspected global digital fraud attempts in...
Canadian Consumer Credit Market Finishes 2018 Strong, Though Some Areas of Softness Emerge
February 20, 2019 06:00 ET
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TransUnion
TORONTO, Feb. 20, 2019 (GLOBE NEWSWIRE) -- TransUnion’s (NYSE: TRU) latest Canada Industry Insights Report found that, while the consumer credit market ended 2018 on generally solid ground, some...