Improve tracing efforts and increase effectiveness for collections and fraud prevention
Your business takes on a higher credit risk for each day you’re unable to locate a consumer using the contact information you have available. You can reduce that risk by tapping into the updated, accurate information behind TransUnion’s Online Trace Alerts.
With this solutions, you’ll receive instant notifications on consumer data changes that affect your business, and will be able to respond quickly and effectively. Insight into these changes helps you improve your collection and disbursement of funds processes, and can also assist with more effective fraud detection.
Trace Alerts are available in Botswana, Namibia and Swaziland.
One product, many benefits to your business
Online Trace Alerts for collections and disbursement of funds
If a traced consumer uses different contact information to apply for credit, you’ll receive an email with the new information. This way, you’ll have the latest, most up-to-date contact information for use in your collections and disbursement processes.
Online Trace Alerts for fraud prevention
An alert can be loaded if a consumer’s ID is lost or stolen, so you’ll know if a fraudster tries to apply for credit using that ID.
Receive an email notification as soon as a consumer’s contact information changes
Change and deactivate alerts online
Set up alerts to notify multiple email recipients at the same time
Load trace alerts in bulk or on a specific consumer