In this episode of the FinWise EYE ON: Podcast, host Simon Darchis and guest David Peterson, Chief Credit Officer at Elevate, delve into the transformation of credit and marketing models in financial services. They discuss the role of AI, data science, and statistical models in improving credit underwriting and customer engagement, particularly in the subprime space.

 

The conversation explores the ethics of marketing models, the evolution of credit modeling, and the potential impact of AI and machine learning in fraud detection and customer targeting. They also tackle challenges like the recent move by Chase to charge for data access, highlighting its potential implications for fintechs and consumers.