Fueling personal lending growth through AI-based pricing analytics

Delivering speed, transparency, and personalisation in a period of uncertainty

16 July | 11am BST | 12pm CEST | Online

Personal lending is on the front-line of changing macro and micro economic conditions, including political upheaval, changing consumer behavior, and regulatory scrutiny. All of these uncertainties impact the cost of funds as well as the consumer demand for loans, despite which opportunities for growth and portfolio diversification remain – but only if banks can deploy technology effectively to fuel growth while meeting these pressures.

This webinar will examine how AI-based pricing analytics can transform consumer finance, covering everything you need to stay ahead of the competition, including: pricing and profitability optimisation, loan personalization, risk management, increasing conversions, and automating approval process.

You will come away with strategic insights and practical advice on deploying AI-based predictive and prescriptive analytics to ensure competitiveness, profitability, and growth in a time of uncertainty.

Watch to gain insights on:   

Personalising loan offers to deliver the best outcomes for consumers

Optimising prices by predicting the impact of rate changes on demand and volume

Improving profitability through scenario simulation

Achieving transparency and fairness in loan decisions, including for underserved customers

Discussion points:

Tomorrow’s customer, today: how are changing marketing conditions, competitive moves and shifting expectations of customers transforming consumer finance?

Right loan, right time: where can AI speed-up processes and tailor offerings to quickly respond to customer needs?

Analytical pricing: how can banks better utilize predictive and prescriptive AI to underpin pricing models and decisions?

Balancing risk and profitability: what can AI-based pricing analytics do to ensure loans are both fair and profitable?

Delivering true transparency: how can banks create models that are transparent and traceable?

Reaching new customers: where are opportunities for banks to use AI to offer loans to previously underserved categories?

Managing regulatory change: what should banks be doing to remain engaged with regulators and stay ahead of shifting compliance requirements?

The panellist:

Philip Bonhard

Head of Experience Design – Homes & Mortgages

Lloyds Banking Group

Giovanni Oppenheim

Head of Banking Solutions

Earnix

About Earnix

Earnix is the premier provider of mission-critical, cloud-based intelligent decisioning across pricing, rating, underwriting, and product personalization. These fully-integrated solutions provide ultra-fast ROI and are designed to transform how global insurers and banks are run by unlocking value across all facets of the business. Earnix has been innovating for insurers and banks since 2001 with customers in over 35 countries across six continents and offices in the Americas, Europe, Asia Pacific, and Israel.

To learn more, please visit: https://earnix.com/