Issuers that are able to identify and evaluate underserved consumers stand to gain a huge competitive advantage in the acquisition of profitable credit card accounts.
Bozeman, Mont. (PRWEB) September 11, 2012
WHO: CEB TowerGroup Research Director Retail Banking & Cards Dennis Moroney, LexisNexis Director Credit Risk Decisioning Ankush Tewari and Zoot Enterprises’ VP Business Development Tom Johnson.
WHAT: A one hour educational Webinar, “Adjusting to the Aftershocks, Growth Opportunities in Credit Card.”
WHY: The recession has caused seismic shifts in the financial industry. These shockwaves have touched every part of financial institutions’ business—from their risk management efforts to their customer acquisition strategies.
Traditional credit risk models have become less predictive, driving an imperfect understanding of consumers’ true credit worthiness. The result is that many issuers are missing out on profitable, low risk credit card customers. Issuers that are able to identify and evaluate these underserved consumers stand to gain a huge competitive advantage in the acquisition of profitable credit card accounts.
Join CEB TowerGroup, LexisNexis and Zoot for this exclusive event that will:
- Explore the impacts of the Great Recession on the consumer credit market;
- Identify tangible growth opportunities for credit card issuers; and
- Introduce new tools and alternative data sources for issuers to take advantage of these opportunities.
WHEN: Tuesday, September 18, 2:00 to 3:00 p.m. EST
REGISTER: Qualified applicants may register for the complimentary Webinar here: http://www2.zootweb.com/l/1592/2012-08-22/2nnrp8
Bozeman, Mont.-based Zoot Enterprises, Inc. provides comprehensive credit decisioning, loan origination and credit risk management solutions to enable clients’ unique business objectives, leading to long-term relationships with top U.S. and international financial institutions. Zoot’s rapid, high-volume processing environment has the capacity to process billions of transactions per year. Visit http://www.zootweb.com or call 406.556.7555 for more information. Zoot thought leaders are now featured on zootweb.com/blog/.