TransUnion Joins Utica College’s Research Collaborative

“Fraud and related threats continue to evolve and present problems worldwide,” said Michael Snitman, TransUnion’s vice president and general manager - public sector. “Given our domain expertise, we are extremely pleased to have the opportunity to work collaboratively with some of the world’s leading organizations in the CIMIP to help companies and financial institutions better understand and address fraud in the Internet age.”

Utica College’s CIMIP was founded in June 2006 with the goal of working toward a more secure homeland by impacting policy, regulation and legislation. The organization is dedicated to:

• Studying the trends, causes, early detection and prevention of identity fraud and theft
• Understanding the evolving threat from cyber criminals, insiders and organized crime groups
• Assessing the impact of policy decisions, legislation, and regulatory actions
• Improving identity authentication systems to reduce fraud and improper payments, and protect national security
• Studying the use of information, its protection, and the role of enabling technologies to facilitate privacy and information sharing

“In examining vertical market segments and assembling our team of leading identity management organizations, it became clear that we needed a credit and information management company,” said Dr. Gary R. Gordon, CIMIP’s executive director and professor of Economic Crime Management at Utica College. “We are very pleased that TransUnion has joined CIMIP because its data and intellectual assets significantly strengthen our resources and it will help us in bringing our applied research on identity management to fruition.”

TransUnion offers a comprehensive Fraud and Identity Management solutions portfolio to major institutions around the country. In addition, its unique Fraud Victim’s Assistance Department counsels consumers affected by fraud. “CIMIP will provide a win-win environment to help us exchange deep knowledge of fraud and identity management,” said Snitman.

CIMIP conducts studies and hosts conferences to promote new prevention strategies, improved information sharing, innovative information use and enhanced technological solutions. CIMIP is an outgrowth of Utica College’s academic programs and the Economic Crime Institute (ECI), the forerunner in providing academic programs in economic crime investigation and economic crime management.