Innovators' Summit Speaker Testifies About Credit Scoring on Capitol Hill
Aug 11, 2008 4:07 PM
Clark Abrahams -- book author, Chief Financial Architect at SAS and a speaker at the upcoming Innovators' Summit -- testified recently before the U.S. House of Representatives Financial Services Oversight Committee. He was part of a panel of experts who talked about credit scores and the US credit scoring system.
At the Innovators' Summit, Abrahams will describe a new framework, called the Comprehensive Credit Assessment Framework, that "combines judgmental factors with analytical methods to achieve a more complete and accurate credit assessment."
In his talk, Abrahams, a 30-year banking industry veteran, will:
Identify the important features of a credit-granting system.
Explain the underwriting "gap" and how financial services organizations can close that gap.
Discuss how banks can qualify creditworthy consumers without understating or overstating risk.
Join us at the Summit, and you can meet Abrahams in person and ask him your questions about analytics for credit scoring.