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CHICAGO, Sept. 18, 2018 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced that following an extensive evaluation by the General Services Administration (GSA), it has been awarded a GSA login.gov bulk purchase agreement contract vehicle. The contract will be extended to multiple federal government agencies for TransUnion’s remote identification and fraud prevention managed services and data analytics solutions.
As cyber risks continually evolve and compromise the identifiers and passwords of millions of Americans, TransUnion has made it a priority to serve the government with an accurate and resilient remote identity proofing solution that covers the U.S. population.
Compliant with the standard NIST Digital Identity guidelines (NIST SP800-63-3A), TransUnion’s IDVision managed service helps prevent ID theft and fraud. Following the GSA evaluation, TransUnion IDVision products are approved for the GSA contract.
“Federal identity verification is a core TransUnion capability which is particularly important to government to reduce fraud and to also offer positive, low friction experiences to constituents,” said Jonathan McDonald, executive vice president of TransUnion’s government information solutions business unit. “We are particularly proud to enable these objectives with innovative approaches that have been recognized by public sector as well as within Javelin Strategy & Research’s coverage of Remote Identity Proofing.”
TransUnion received one of the GSA’s first contract awards after its IDVision managed services were evaluated for a combination of capabilities and price. A combination of product and supporting service attributes include real-time identity verification, device evaluation, financial account confirmation, and Government ID validation among others.
TransUnion’s Government Information Solutions division provides fraud, benefit eligibility verification, continuous evaluation services, identity authentication, data breach response, investigation services, and other key solutions to federal, state and local government agencies in the U.S. TransUnion’s solutions help both private and public sector organizations manage risk and reduce costs.
About TransUnion (NYSE: TRU)
Information is a powerful thing. At TransUnion, we realize that. We are dedicated to finding innovative ways information can be used to help individuals make better and smarter decisions. We help uncover unique stories, trends and insights behind each data point, using historical information as well as alternative data sources. This allows a variety of markets and businesses to better manage risk and consumers to better manage their credit, personal information and identity. Today, TransUnion has a global presence in more than 30 countries and a leading presence in several international markets across North America, Africa, Latin America and Asia. Through the power of information, TransUnion is working to build stronger economies and families and safer communities worldwide.
We call this Information for GoodSM.