Innovation Advancing Inclusion with Alternative Data Scores

Understand the implications of the penny phaseout for banking operations.

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Episode Summary

Introduced in 1989, the first broad-based consumer credit score, the FICO Score changed the lending landscape for good. Fast forward a few decades, what is often not discussed is how FICO is leading the charge in inclusion and shaping paths for lenders to provide consumers with financial opportunities. At FICO, we believe the path to empowering people and economies is through a focus on innovation that responsibly broadens access to credit. Find out more from Heather on further initiatives related to financial empowerment for lenders.

Speakers

Heather Carey, Director, Client Services, FICO
Lottie Watts, Senior Director, Partner Network, Content Strategy, American Bankers Association