Fraud prevention Fraud is increasing in volume and sophistication and TransUnion is enhancing its fraud prevention capabilities in response. We developed a suite of solutions called TM TruValidate to help companies better identify and prevent fraud, quickly verify a consumer’s identity to secure trust across channels, and reduce friction in the loan origination or credit application process. This helps consumers keep their financial history and status intact, and enables companies to mitigate losses while expanding business opportunities. TruValidate is an integrated suite of digital identity proofing, risk-based authentication and fraud analytics solutions that works to learn and predict patterns of risk to help customers anticipate threats by staying ahead of fraudsters. In confirming identity throughout the customer lifecycle, TruValidate solutions help improve operational effectiveness by reducing manual reviews, automating systems and proactively identifying potential fraud. TruValidate solutions also enable companies to verify and authenticate the identity of new-to-credit consumers while better preventing fraud abuses, such as synthetic identity fraud, first-party fraud or loan stacking. CONSUMER PROTECTION TRANSUNION | 2021 SUSTAINABILITY REPORT 28