Today, approximately 50 million Americans are shut out the mainstream financial system because they don’t qualify using traditional credit scoring models. You can amplify financial inclusion while you mitigate risk with alternative data. It can help you offer credit to the unbanked and underbanked. In this session, we will draw upon Filene’s research on financial inclusion and the 21st Century, combined with the alternative data expertise of Lexis Nexis.
You will learn:
- The socioeconomic trends that are shaping consumer needs in the 21st Century
- Alternative data definition and examples of analysis that can help you serve the unbanked and underbanked
- How alternative date will help you drive growth and limit risk