In December 2017 the CME and CBOE launched Bitcoin futures trading signaling the beginning of derivatives trading in crypto. These financial instruments will bring much larger investors into the market and will create more liquidity. Hear from the pros on how the crypto markets are evolving.
Seth Rubin, The Market Protocol
Modern technology has fundamentally changed the way we live and learn, creating a new global lifestyle that has outpaced our traditional financial system’s checks and balances for financial validity and security. To effectively serve a growing cross-border generation, a new wave of innovations have been born to meet increasing demand. Cameron Stevens, CEO and Founder of Prodigy Finance, will discuss the need for global innovation, specifically in relation to cross-border credit and risk models as well as how global lending platforms can enable greater access to capital.
Hear about enterprise blockchain case studies from some of the world's largest enterprise technology companies.
What opportunities arise when your general ledger exists on the blockchain? It is easier to track invoices and to perform audits. But what else? Such transparency could lead to new forms of financing, possibly even Financing As a Service.
When Data and Underwriting Intersect, the Consumer Wins
As data and algorithms permeate more and more of what we see, touch, read and even feel, companies face questions on how to use all this data to really help people make better decisions. The more specific you can get in your recommendations for members, the more trust and ultimately, loyalty you’re able to maintain. Thanks to machine learning from 5 terabytes of data collected daily, Credit Karma only surfaces the most appropriate products for each member to ensure they are matched with the product that makes the most financial sense for their profile. On a macro level, Credit Karma is using this data to address the issue of mispricing with Americans’ financial products. If Americans refinanced their auto loans, they could save $37 billion dollars alone. This is just one example of how we use technology as the bridge to match financial institutions and consumers.
In recent years, the personal loan market has seen double digit growth, largely in part to the emergence of FinTech lenders. In response, all lender types have been increasing their personal loan footprint. As with any closed-ended loan, prepayment risk is an important consideration. How long are your customers staying with your product? What are the indicators that a customer might exit your relationship sooner than you anticipated in your profitability models? In this study, we’ll look at how to best leverage consumer characteristics to differentiate those likely to prepay from those looking to maintain and leverage their personal loans.
The Blockchain is bringing about a revolution in back office processing including everything from clearing to settlements, custody, treasury, compliance, administration and audit. Learn from some industry practitioners that are leading the innovation.
There is a strong desire by the Blockchain ecosystem to change the world for the better. Whether it is through micro finance, the deployment of distributed energy, or new ways of donating to charity, the blockchain is a positive force that is being harnessed by many world leaders to have a positive impact on society.
It’s the Fourth Industrial Revolution, and next-generation technologies such as artificial intelligence (AI) are connecting businesses to customers in new ways. Traditional industry lines are blurring and customer expectations are evolving more rapidly than ever.
Nowhere is this more true than in the lending industry, which is becoming more competitive as regulatory and customer demands change and disruptive new entrants emerge. However, pioneering firms are using AI to shorten loan cycles, increase transparency, and drive internal alignment to better serve today’s borrowers.
Join us for this session to hear from executives at Salesforce and Kabbage about best practices for deploying AI in lending and how to use the technology to create the seamless and personalized experiences that borrowers expect.
