Credit Unions are increasingly looking to credit cards to help them expand share of their members’ wallets. Facing increased competitive pressure, Credit Unions are challenged to grow responsibly – often with limited analytical and technical resources. Additionally, many are mission-driven with a paramount focus on member responsiveness and inclusivity. What may not be clearly understood is that there are ways to open cards for those members who are traditionally unscorable without using a secured card. In this session we’ll examine:
- How pairing alternative data and traditional credit scoring can expand your card portfolio
- Extending card services to hard-to-reach populations
- Growing your card portfolio responsibly while expanding options to members
Erin Coleman from Filene will join our special guest, Zach Tondre from LexisNexis Risk Solutions for this informative webinar on a topic on the minds of many credit unions.