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LexisNexis® Risk Solutions Sponsors Panel Discussion on New FICO® Score for “Credit Invisible” Consumers

LexisNexis® Risk Solutions cited as a Representative Vendor in the report

6/10/2016

ATLANTA -- LexisNexis® Risk Solutions, a technology, data and analytics company, will host a lunch panel discussion on the development of a new FICO® Score based on alternative data at the EMERGE Forum on Thursday, June 11, 2015. The panel will discuss the extensive research into the credit invisible population, conducted by LexisNexis, Equifax and FICO, that led to the development of the new FICO® Score aimed at extending credit responsibly to millions of additional people. 

The credit invisible population includes over 50 million consumers who do not have a traditional credit score, which hinders their ability to qualify for mainstream forms of credit. Lenders rely on credit scores to help determine a person’s creditworthiness to obtain mortgages, auto loans and credit cards. LexisNexis, Equifax and FICO have partnered to address this problem and develop a new credit score based on alternative data such as property records, cable and telecommunications bills.

The panel session will explore the characteristics of the credit invisible consumer population, dive into the details of how alternative data informs the new FICO® Score and discuss how consumers, lenders and the broader economy will benefit from this innovation.

Presenters:
Ankush Tewari, Senior Director, Market Planning, LexisNexis Risk Solutions
Dacia Edmondson, Senior Director, Product Management, Equifax
Dave Shellenberger, Senior Director, Scoring and Predictive Analytics, FICO
 
Event Details:
Thursday, June 11, 2015, 12:05 p.m. – 1:05 p.m.
EMERGE Forum
Hilton Austin, Austin, TX
Session: Get the inside scoop on the new FICO score powered by LexisNexis and Equifax
http://www.americanbanker.com/conferences/emerge/

To learn more about the new FICO® Score contact Ankush Tewari at ankush.tewari@lexisnexis.com or attend the EMERGE Forum lunch panel on June 11.

About LexisNexis Risk Solutions
LexisNexis Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX Group (LSE: REL/NYSE: RELX), a global provider of information and analytics for professional and business customers across industries. RELX is a FTSE 100 company and is based in London. For more information, please visit www.risk.lexisnexis.com and www.relx.com.

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