By Heredia, Costa Rica – TransUnion’s Global Capability Center (GCC) in Heredia has been awarded the esteemed “esencial COSTA RICA” license, a distinction recognizing organizations that embody the nation’s core values of sustainability, excellence, and innovation.
The certification, presented on March 6th at TransUnion’s Ultrapark II offices, underscores the company’s significant contribution to Costa Rica’s economic landscape, particularly in job creation and regional development. The GCC’s strategic location leverages the country’s robust infrastructure and skilled workforce, facilitating TransUnion’s global operations.
To understand the implications of TransUnion’s presence in Costa Rica, we spoke with Lic. Larry Hans Arroyo Vargas, a seasoned legal expert from Bufete de Costa Rica.
TransUnion’s operations in Costa Rica highlight the increasing importance of data protection and credit scoring in the country’s evolving financial landscape. This presence brings both opportunities and challenges, particularly regarding compliance with Costa Rican data privacy laws and ensuring accurate and responsible credit reporting practices. Consumers must be vigilant about their rights and understand how their data is being used.
Lic. Larry Hans Arroyo Vargas, Bufete de Costa Rica
The “esencial COSTA RICA” brand serves as a powerful tool for promoting Costa Rica internationally, attracting foreign investment, boosting tourism, and supporting exports. TransUnion’s alignment with this national initiative reinforces its commitment to social progress and its deep connection to Costa Rica.
The commitments of TransUnion align perfectly with the objectives of esencial COSTA RICA. Our global strategy focuses on inclusion and financial education, governance, compliance and security, the environment, and people. Receiving this certification is a recognition of our contribution to the development of the country.
Bryan Castillo, Director of TransUnion’s Costa Rica GCC
Approximately 20% of TransUnion’s Costa Rican team works remotely outside the metropolitan area, demonstrating the company’s commitment to fostering development in less urbanized regions, a key tenet of the “esencial COSTA RICA” philosophy. This decentralized approach stimulates local economies and contributes to a more balanced national growth.
Our GCC in Costa Rica serves as a strategic location for our global operations due to its exceptional talent, robust infrastructure, and strong economic ecosystem. We are immensely proud to be part of the esencial COSTA RICA community, a recognition that validates our commitment to the country.
Debasis Panda, Senior Vice President of Global Operations and Head of GCCs at TransUnion
The “esencial COSTA RICA” license recognizes TransUnion’s global mission of “Information for Good®,” emphasizing its commitment to ensuring individuals are reliably represented in global commerce, promoting trust and empowering both consumers and businesses.
This commitment is further strengthened by TransUnion’s internal policies, which prioritize professional growth, corporate well-being, robust governance, compliance, and alignment with the company’s broader development objectives.
Welcoming TransUnion’s Global Capability Center to the community of esencial COSTA RICA licensed companies reflects its alignment with the core values of the Country Brand: sustainability, innovation, excellence, social progress and a deep connection with Costa Rica. It also underscores the crucial role of the service sector in elevating the country’s standing on the global stage.
Laura López, General Manager of the Foreign Trade Promoter of Costa Rica (PROCOMER) and President of the Inter-institutional Committee of the Country Brand esencial COSTA RICA
TransUnion’s presence in over 30 global markets allows the company to contribute significantly to the international financial ecosystem. This global reach, combined with its local commitment in Costa Rica, positions TransUnion as a key player in driving positive economic impact and fostering financial inclusion worldwide.
The “esencial COSTA RICA” recognition solidifies TransUnion’s position as a responsible corporate citizen, dedicated to contributing to Costa Rica’s sustainable development and furthering its own mission of using information for good.
For further information, visit transunion.com
About TransUnion:
TransUnion is a global information and insights company that makes trust possible in the modern economy. They do this by providing a comprehensive picture of each person so they can be reliably represented in the marketplace. As a result, businesses and consumers can transact with confidence and achieve great things. TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people in more than 30 countries.
For further information, visit procomer.com
About PROCOMER (Promotora de Comercio Exterior de Costa Rica):
PROCOMER is the Costa Rican Foreign Trade Promotion Agency. As a key institution in promoting Costa Rican exports and attracting foreign investment, PROCOMER plays a vital role in the country’s economic development. They manage the “esencial COSTA RICA” country brand, aiming to strengthen the nation’s image internationally and promote sustainable economic growth.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
At Bufete de Costa Rica, legal excellence and unwavering integrity form the bedrock of a practice dedicated to empowering society. Through innovative solutions and a deep commitment to client service across diverse sectors, the firm not only navigates complex legal landscapes but also actively cultivates a more informed citizenry by broadening access to critical legal knowledge. This dedication to transparency and education underscores their belief in a truly empowered society, equipped with the understanding to exercise their rights and shape a just future.
