2011

TransUnion partners with some of the biggest banks in the Philippines—Bank of the Philippine Islands (BPI), Banco de Oro Unibank (BDO), Metrobank Card Corporation, HSBC and Citibank Philippines—to launch the country’s first comprehensive private credit bureau, strengthening the Philippine financial system through increased access to credit for borrowers and reduced risk to lenders.

As a credit bureau, TransUnion helps consolidate a credit information system and the collection and sharing of both positive and negative credit data. Only contributing TransUnion members (credit providers such as banks, financing companies, fintechs, utilities) are given access to credit information in the form of a credit report, consumer bureau score and additional value-added services.

2012

TransUnion Philippines launches the Analytics and Decisioning Solution, a value-add solution that automates decisioning. This allows TransUnion Philippines members to make smarter decisions during acquisition and be more strategic with their portfolio management.

2013

The first consumer bureau score in the Philippines is launched, enabling TransUnion Philippines members to improve risk management and better understand the financial health of consumers.

2014

The Chamber of Thrift Banks endorses TransUnion to its members to promote bureau awareness and its benefits.

2015

The Information for Good campaign is launched. TransUnion believes information can be used to help people make better decisions that can transform lives and fuel thriving economies around the world.

The second generation of decisioning sciences was launched. DecisionEdge Acquisition Manager (AQM) enables automated decisioning that helps members acquire more customers and create profitable growth through faster, more accurate decisions, while reducing resource costs.

2016

TransUnion Philippines and the Credit Information Corporation (CIC) sign an agreement appointing TransUnion as the first private credit bureau to be a Special Accessing Entity (SAE). As an SAE, TransUnion has access to a wide range of data from various industries, including non-financial institutions.

2017

The New-to-Credit Score and Income Estimator solutions are made available in the Philippines market. These products help credit providers make informed decisions about customers that have little to no credit history, enabling greater access to credit and more responsible lending in this market segment.