INDUSTRY INNOVATION SESSIONS
June 2, 2009
12:00 PM -1:15 PM
Austin 2
The End Game:
Travel the highway with Green Dot to hear a 5-year prognostication regarding where the prepaid industry is headed
Presenters:
Steve Streit – CEO and Founder, Green Dot Corporation
Mark Troughton – President, Cards & Network, Green Dot Corporation
There is a tremendous opportunity for the prepaid industry to provide compelling financial solutions for the 40 million Americans who are financially underserved and, for the most part, prefer not to have a traditional banking relationship.
Follow us down the path of discovery as we discuss general purpose reloadable prepaid cards and potential opportunities to provide consumer-centric leadership in areas such as product innovation, technology, and pricing.
Tuesday, June 2
12:00 PM -1:15 PM
Dallas 1
Credit Scores during Volatile Times
Presenters:
Barrett Burns, President & CEO, VantageScore Solutions, LLC
Sarah Davies, SVP—Analytics & Product Management, VantageScore Solutions, LLC
The question of credit score stability and how well credit scores are performing in today's severely stressed economic environment will be answered. This is especially important in today's market, with its shrinking pool of borrowers and tighter credit standards. Additional areas examined during the panel include the effect upon credit scores from credit line decreases, loan modifications, delinquencies and more. Participants will also learn about the VantageScore credit scoring model, which was developed by the nation's three major credit bureaus - Equifax, Experian and TransUnion.
Topics to be covered include:- Get a firsthand look at what's happening with credit score performance during the severe economic downtown.
- Understand the impact to consumer credit scores from various mortgage loan modification actions
- See the effect of credit line decreases on consumer credit scores
- Providing a credit score to consumer groups that are typically unscoreable
- Unique development characteristics of the VantageScore model
Note: Lunch will be served during the sessions and attendance will be guaranteed to the first 40 registrants. You may register at the conference registration counters.
June 2, 2009
12:00 PM -1:15 PM
Austin 3
Reaching, Cultivating and Retaining the Underbanked
Presenters:
Thomas Carpenter, CFE
Joshua Turnbull
Doug Porter
Greg Van Ert
The underbanked market has been a difficult market for financial institutions to reach, but it doesn’t have to be. With access to key data and the right solutions, it is possible to transform the unbanked and underbanked into lifelong, profitable customers.
We will walk you through all of the components of the transformation process:
- Identifying potential customers and areas of focus through access to unique data
- Reaching those customers by providing services that are in demand
- Cultivating and retaining those customers by tailoring and combining innovative offerings
By sharing industry best practices in this market segment, we will help you gain a new perspective on how to generate new revenue and make the most of your underbanked opportunities through an approach that combines check cashing, prepaid and deposit account solutions.
June 2, 2009
12:00 PM -1:15 PM
Austin 2
Leveraging Prepaid to Create a Scalable Credit Product for Consumers Largely Overlooked by Traditional Lenders
iAdvance® Line of Credit from MetaBank
and
iAdvance ChoiceSM
Presenters:
Trent Sorbe, SVP & Chief Credit Officer, Meta Payment Systems
Today’s economic realities, coupled with limited access to responsive credit alternatives, have stretched and pushed the financially underserved consumer. These same consumers have shown they prefer easy-to-understand products over other credit options carrying indecipherable terms and exploitative billing practices. Learn how Meta has responded with a credit product that is simple, responsive and convenient for underserved consumers while proving profitable and scalable for the bank.
Note: Lunch will be served during the sessions and attendance will be guaranteed to the first 40 registrants. You may register at the conference registration counters.
