TransUnion UK introduced the supply of its Modelled Revenue Evaluation answer this week.
The brand new providing sits inside the corporate’s Affordability Report and helps lenders make revenue estimates to information affordability choices.
TransUnion’s new answer comes at a time of higher volatility in shopper incomes, making it tougher for lenders who require correct revenue knowledge.
A brand new answer from TransUnion UK will assist lenders make affordability choices with higher confidence. Sitting inside the corporate’s Affordability Report, TransUnion’s Modelled Revenue Evaluation answer estimates month-to-month revenue at configurable confidence thresholds. This allows proportional affordability checks and an revenue estimate in step with client-agreed customized thresholds, permitting lenders to tailor outputs to their very own danger appetites.
“The best way folks earn and handle cash has basically shifted,” TransUnion UK Chief Product Officer Kelli Fielding stated. “Incomes are extra risky, knowledge gaps are extra frequent, and lenders are beneath rising stress to proof affordability choices. Modelled Revenue offers lenders with a reliable, data-driven proxy that fills vital gaps in affordability methods, with out including friction for customers or compliance danger for lenders.”
TransUnion’s new providing comes as analysis signifies that greater than a 3rd of adults within the UK noticed revenue modifications over the earlier three months. TransUnion’s Shopper Pulse Q1 2026 Survey displays shopper revenue patterns and family funds which can be more and more risky and beneath stress. This has created challenges for lenders who require dependable revenue knowledge and insights, particularly when entry to conventional wage data is inconsistent or tough to entry.
With Modelled Revenue Evaluation, lenders now not should attempt to generate a exact pound-value prediction. The brand new providing from TransUnion UK offers an estimate of a person’s internet month-to-month revenue and leverages superior machine studying expertise to ship proportional affordability assessments in actual time. The answer additionally addresses shopper demand for frictionless options to guide verification corresponding to open banking.
“Expectations round affordability assessments proceed to rise as regulation, corresponding to Shopper Obligation, calls for richer affordability knowledge, clear proof of honest outcomes, earlier identification of vulnerability, and assist for purchasers displaying indicators of monetary stress,” TransUnion UK Director of Credit score Clare Hollis stated. “Modelled Revenue is designed to take a seat inside robust mannequin danger administration frameworks and deal with regulatory stress for equity and acceptable shopper outcomes, whereas serving to lenders streamline onboarding and cut back pointless friction within the buyer journey.”
A world data and insights firm with greater than 12,000 associates working in 30+ international locations, TransUnion most not too long ago demonstrated its expertise at FinovateSpring 2024 in San Diego. On the convention, the corporate demonstrated its Enhanced BreachIQ answer, which replaces one-size-fits-all assets with fashionable, gamified shopper identification safety. The providing generates an Identification Security Rating based mostly on a consumer’s particular person knowledge breach historical past, Breach Danger Scores that measure the severity of an incident through which their knowledge was uncovered, and a Personalised Motion Plan to offer sensible, efficient mitigation steps to scale back danger.
TransUnion UK’s launch announcement comes on the identical time that the corporate inked a multi-year partnership settlement involving Marshmallow Insurance coverage and knowledge specialist Percayso Inform. The partnership is an extension of Marshmallow’s and Percayso’s relationship, however marks the primary time Percayso will ship TransUnion knowledge throughout the insurance coverage and auto finance sectors for Marshmallow by way of Percayso’s platform.
Photograph by Aron Van de Pol on Unsplash
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