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Venue

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

Thursday, June 6, 2013

11:00 a.m. - 12:00 p.m.
New Dimensions: Credit Cards and the Underserved Consumer
Moderator: Shirley You, Manager, Advisory Services, CENTER FOR FINANCIAL SERVICES INNOVATION
Randy Dotemoto, President, KINECTA ALTERNATIVE FINANCIAL SOLUTIONS
Richard Rozbicki, Group Head, U.S. Consumer Credit, MASTERCARD WORLDWIDE
Richard Rozbicki, Group Head, U.S. Consumer Credit, MASTERCARD WORLDWIDE
Michael Daly, SVP, Card Marketing Product Executive, BANK OF AMERICA

Can innovative, new credit cards reach a broader market and help underserved consumers avoid high interest, short-term credit products? In this session, attendees will hear from credit card providers that focus on relationships with consumers who have subprime credit or a thin/no file credit profile. Panelists will share tools and features designed to help customers succeed while building credit. Explore recent research done on low- and middle-income families who rely on credit, and how product impact is measured and evaluated.

1:35 p.m. - 2:20 p.m.
Subprime Today, Creditworthy Tomorrow: How Alternative Data is Helping Lenders and Borrowers
Ashvin Prakash, Consultant, Advisory Services, CFSI
Mike Mondelli, CEO, L2C, INC.

Hear from L2C and TransUnion as they share results from their collaborative pilot project tracking credit behavior of borrowers who were scored with alternative credit data. Learn how a new approach leveraging alternative data is being used to provide increased access to credit for subprime category consumers.

2:25 p.m. - 3:40 p.m.
Innovation in Online Lending: A Frank Discussion of Opportunities and Obstacles
Moderator: Joshua Turnbull, Managing Consultant, Advisory Services, CENTER FOR FINANCIAL SERVICES INNOVATION
Sasha Orloff, CEO, LENDUP
Mary Jackson, Senior Vice President, Corporate Affairs & Chief Legislative Officer, CASH AMERICA
Paul Leonard, California Director, CENTER FOR RESPONSIBLE LENDING
Alexander Karlan, Founder & CEO, FAIRLOAN

Online lending is one of the fastest growing - and most controversial - product segments in the underbanked market space. Join a conversation with online lending firms and examine their different business models, strategies, and innovations to meet consumer demands for short-term credit. Take the opportunity to ask direct questions about cost challenges, responsible lending, and high-quality product delivery. Hear from consumer advocates about the perils and potential benefit of this rapid growth market.