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Venue

InterContinental Miami
100 Chopin Plaza
Miami, FL 33131
Tel: 1-800-327-3005

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Thursday, June 6, 2013

12:00 p.m. - 1:30 p.m.

INDUSTRY INNOVATION SESSION LUNCHEON: EMBRACE INCLUSION WITH ALTERNATIVE DATA - HOW ALTERNATIVE DATA EXPANDS ACCESS TO CREDIT FOR UNDERSERVED MINORITIES

Jeffrey Feinstein, PhD, Sr. Director of Analytic Strategy, LEXISNEXIS

During this session, we will discuss a research project that demonstrates how alternative data can help lenders underwrite credit for historically disadvantaged minority populations. It is common for minority underbanked consumers to lack a sufficient data footprint at one of the three national credit bureaus, and be excluded from credit products as a result. Alternative data available on these consumers can be used in the underwriting process, potentially increasing access and approval rates.

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