TransUnion Launches Industry-First Adverse-Actionable Scores to Combat Synthetic Identity Fraud and Credit Washing, Now Being Integrated With Oscilar
Key Highlights
- ➤TransUnion launched adverse-actionable Credit Washing and Synthetic Fraud Scores
- ➤Lender exposure to synthetic identity fraud reached $2.4 billion as of June 2026
- ➤Credit-washed consumers are 3.5 times more likely to charge off new accounts
- ➤Oscilar became the first platform integrating both scores and reason codes
- ➤Oscilar serves more than 100 financial institutions across risk-management workflows
Expert Statements
James Garvert, executive vice president of global fraud and communications solutions at TransUnion
“Synthetic identity fraud and credit washing present unique challenges because they can conceal risk behind seemingly legitimate consumer profiles”
James Garvert, executive vice president of global fraud and communications solutions at TransUnion
“By bringing advanced fraud intelligence into explainable, FCRA-governed decisioning, we’re helping organizations uncover threats that might otherwise go undetected, make more confident decisions, and mitigate potential financial losses.”
Neha Narkhede, co-founder and CEO of Oscilar
“A fraud score only pays off if the lender can act on it”
Neha Narkhede, co-founder and CEO of Oscilar
“TransUnion's adverse-actionable scores give lenders a reason they can cite, and Oscilar puts that reason on the same decision and notice as the credit reasons. Fraud and credit stop being two systems with two answers. Every signal a lender trusts belongs on one view of the customer, so a risk the fraud team sees today shapes the credit decision tomorrow.”
Innovative new scores enable organizations to better identify risk throughout the consumer lifecycle; Oscilar's Agentic Risk Platform is the first to offer the scores
CHICAGO, Oct. 20, 2026 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced the launch of its Credit Washing and Synthetic Fraud Scores with adverse action capability. These are the first-ever adverse-actionable solutions of their kind in the market, helping organizations identify and manage risks associated with synthetic identities and credit washing while supporting FCRA-governed, consumer-permissioned decisions. The scores allow lenders to make more informed credit decisions and provide consumers with applicable adverse-action reason codes explaining why they were denied credit—capabilities that were not previously available.
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