Efforts to contain the spread of COVID-19 this past spring effectively stopped the U.S. economy. With lockdowns now eased and businesses attempting to get back to normalcy, lending institutions face a new and unfamiliar environment, in which they must evaluate and monitor credit risk with limited visibility and access to reliable data. In addition to financial risks, there are significant operational risks and brand implications to “getting it wrong.”
Major market disruptions such as that brought on by COVID-19 require policy makers, governments and industry leaders to be agile and move urgently yet purposefully.
During this fireside chat, with leading industry innovators, we will discuss consumer lending strategies that are helping them successfully navigate these turbulent times and support their employees, customers and communities through the recovery and beyond.Sponsored By: