Panel: Lantern Credit CEO Chad Swensen on How Credit Technology Can Better Serve the Underbanked at The Digital Money Forum 2017

--()--Lantern Credit, LLC:

“2015 FDIC National Survey of Unbanked and Underbanked Households”

What:       According to the “2015 FDIC National Survey of Unbanked and Underbanked Households,” 19.9 percent of U.S. households (24.5 million) were underbanked, creating challenges to many aspects of their finances including credit scoring, reporting and overall access to credit.
 

During the CES Digital Money Forum session, “Unleashing the High-Tech Power of the Underbanked,” Lantern Credit CEO Chad Swensen will discuss how all consumers, especially the underbanked, can be better served by changing the current structure of the consumer credit space to incorporate on-demand credit data into the decision making process.

 
Lantern Credit is using machine learning, real-time credit modelling and education to enable consumers to gain better control over their finances and improve their credit wellness. The company is partnering with retailers and lenders to predict credit worthiness of consumers with greater precision and to facilitate improved matching between credit products and interested customers.
 

The Digital Money Forum highlights the financial companies and high-tech developers offering a dizzying array of financial tools and solutions at the heart of digital commerce. From e-wallets to mobile payment systems, virtual currency to cryptographic solutions, the Forum is designed to educate the industry on the digitization of money.

 
Who: Chad Swensen, CEO of Lantern Credit, is available to meet at the Digital Money Forum or speak by phone on the use of technology to revolutionize the alternative lending and credit industries.
 
When:

Thursday, January 5th, 2017

12:00-12:30 p.m. PDT
Las Vegas Convention Center, N259
Las Vegas, Nev.
 
Contact:

To schedule an interview, please contact Haleigh Tomasek at haleigh@williammills.com or 678-781-7244

About Lantern Credit

Headquartered in Newport Beach, Calif., Lantern Credit, LLC is a financial technology company working to solve systemic inefficiencies in the consumer credit market by developing a proprietary platform that integrates and enhances key components of the consumer credit, debt, credit reporting and scoring industries. The Company’s transformative technology, including the

Interactive Credit Report™, empowers consumers to model the impact of their financial actions on their credit scores and accept new credit offers. The Lantern Platform can be licensed by financial institutions, strategic partners, and credit reporting agencies. For more information, visit www.lanterncredit.com.

Contacts

For Lantern Credit
Haleigh Tomasek, 678-781-7244
haleigh@williammills.com
or
David Jones, 678-781-7238
david@williammills.com

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