TransUnion is one of America’s largest and most profitable consumer credit reporting agencies. Transunion collects vast amounts of publicly available consumer data and uses it to provide people with detailed and accurate credit reporting. They also have services that can do excellent background checks (both credit and criminal) and provide detailed consumer data in the form of graphs that can be used to predict the market based on current trends.
There are three big credit reporting agencies that account for the majority of business in this unique market. There is no need to mention the other two, however, because they are vastly inferior. Transunion has over a billion personal profiles at its disposal, and can access them in an instant. Their customers include over 65,000 business all over the world. From their offices in Chicago they pulled in well over 1.3 million dollars in 2014. This is pretty impressive when you consider this: federal law requires all credit reporting companies to give all customers one free credit report per year.
Heather Russell has recently been added to the team at Transunion. She was formerly a high ranking member of the law firm of Buckley Sandler LLP, where she distinguished herself with excellent service in the fields of regulation, supervision, and fin-tech policy. Before this, she worked for fifth third bank, The Bank Of New York Mellon, and Bank of America. She will be taking up the positions of Executive Vice President and Chief Legal Officer.
With over 20 years of relevant experience, there is little doubt that she has earned her position. This is why Transunion President Jim Peck personally invited her to join the company and take up this prestigious position. He had nothing but the highest praise for Heather Russell, stating that he believed she would be a “strong addition” to the company who would be able to help them greatly in the never ending mission to expand.
She will officially take up her position later this year, when her predecessor retires. Certainly, one can admire the continuity and organization that will surely keep this transition from being a turbulent one. Russell on Twitter: @heatherarussell