With rising delinquencies and increased financial fraud resulting from the pandemic, LendIt Fintech USA 2020 will be rich with content. Noted conference speakers, such as Mastercard’s Amyn Dhala, will highlight technology innovations for our changing times.
Hosting LendIt Fintech USA as a virtual conference opens the event to an international audience of over 4,000 participants. Set in the context of a pandemic, many sessions are geared to new credit risk and lending parameters, economic recovery, powering small businesses, delinquency and collections during a crisis and more.
Attendees have the opportunity to learn from more than 300 speakers and changemakers, visit booths in the virtual exhibit hall and attend online networking sessions. The conference is an opportunity to “explore the complexities of our rapidly changing world through insightful sessions.”
LendIt is known for thought leadership on lending and banking and is focused on helping us make sense of a challenging environment. “Financial services is experiencing a rapid upheaval. What worked last year could well be completely irrelevant this year,” says Peter Renton, Chairman and Co-Founder of LendIt Fintech. “More than ever before, it is important that we come together as an industry to learn from each other and make sense of this new world.”
Proactive credit risk and delinquency management
Self-learning AI helps lenders predict credit risk and prevent delinquency proactively. Evaluating data from multiple sources, Brighterion AI provides greater insight and in real-time to determine whether an account will go delinquent in the near future. Lenders are empowered to optimize an early treatment strategy. One global bank reduced default losses by 76% after deploying Brighterion AI.
“Credit risk is gaining prominence across the globe, given the current economic climate, says Amyn Dhala, Vice President Global Product Management, AI Express, Mastercard. “Any marginal improvement in terms of modeling or accuracy can result in significant gains because there’s a reduction in credit losses.”
Dhala will discuss this topic with Leslie Parrish, Senior Analyst, Consumer Lending, Aite Group, in a virtual fireside chat at LendIt. “Assessing Today’s Credit Risk and Mitigating Tomorrow’s Delinquency with AI” will take place on September 29, 2020 at 3:30pm ET.
Up for discussion are what macro trends signal about the current credit risk environment and how lenders can leverage AI to make credit risk decisions. They will explore how this can be done while improving the customer experience. Dhala will also share some lessons learned by Mastercard while helping banks around the globe mitigate credit risk with AI.
Attend LendIt Fintech 2020 and get 15% off
As leaders in financial AI technology, Brighterion is proud to be a gold sponsor of this year’s conference. Visit our virtual booth and chat with one of our experts to learn how our credit risk technology saves financial institutions tens of millions of dollars annually while retaining valued customers.
Register today with our discount code BRIGHTERION15% to receive a 15% discount off the LendIt Fintech USA 2020 registration fee.