Traditional credit scoring has been the gold standard for decades. However, amidst shifting FCA regulations, the rise of alternative credit like BNPL, and modern working patterns, relying entirely on historical credit data leaves critical blind spots.
To maintain a competitive edge, forward-thinking lenders must find a way to balance robust fraud control and tight credit selection with the seamless, fast digital journeys that customers expect. The industry is rapidly moving away from estimated risk toward a model of verified reality.
In this exclusive webinar, Moneyhub sits down with the credit risk and digital transformation pioneers at Admiral Money to look under the hood of their data-driven lending journey.
From navigating the initial internal hurdles of securing corporate buy-in to assessing the positive impact on the user journey, this session provides a transparent, end-to-end look at a highly successful lending transformation.
What we will cover:
- Navigating market & regulatory headwinds: how Admiral Money has responded to a volatile cost-of-living landscape and shifting regulatory expectations under Consumer Duty.
- Unlocking new customer segments: how real-time, clean data gives underwriters the precision and confidence to safely say ‘yes’ to complex edge cases, thin files, and applicants with irregular incomes, such as the self-employed.
- Streamlining daily underwriting operations: practical considerations for embedding clean, categorised bank data into daily operations to drastically slash processing times without causing information overload.
- Looking to the future: how upcoming multi-bureau changes will impact the market, and how Open Finance and AI are shaping the future of lending and collections.
Who should watch?
Chief Risk Officers, Heads of Credit Risk, Heads of Data, Directors of Digital Transformation, Innovation Leaders, and Lending Product Managers looking for proven, practical, and data-driven insights into Open Banking implementation.