Global Banking Solutions Manager
Earnix
Lenders are under pressure to rethink how they offer consumer loans. On the one hand, borrowers expect to have more lending choices. They expect their offers to be personalized for their unique situation.
On the other hand, lenders must address pricing challenges while adhering to evolving regulations. A new model for pricing is needed—but without intelligent and actionable insights into actual risk, lenders are forced to make their best pricing guess.
Advanced analytics and AI-powered risk-based pricing allows lenders to meet borrowers' demands for personalizing loan offers while addressing profitability and risk and the need to meet regulatory requirements.
Join William Ely, Global Banking Solutions Manager, Earnix, as he discusses:
- The legacy system conundrum and how to eliminate legacy roadblocks.
- The type of intelligence needed for loan personalization and risk-based pricing.
- How to ensure AI-powered risk-based pricing models are fair and transparent.
To learn how advanced analytics and AI allow you to offer the right loan to the right borrower at the right price, listen to How Advanced Analytics and AI Can Power Pricing and Personalization in Lending, click the player above.