The Consumer Financial Protection Bureau (CFPB) recently issued a request for information about the use or potential use of alternative data and modeling techniques in the credit process. The CFPB hopes that the development of these tools can present potentially significant benefits to "thin file" or "credit invisible" consumers, but the CFPB also acknowledges that new data sources and models may present potentially significant risks as well.

In this webinar, we will:

  • provide an overview of the current state of the credit reporting industry;

  • address the legal considerations surrounding the use of alternative data;

  • discuss the CFPB's areas of interest and possible role relating to alternative data sources; and

  • provide a summary of public reaction and an analysis of any public comments that have been submitted.

Date & TIme

Tuesday, March 21, 2017
12:00 PM - 1:00 PM ET

Moderator

Alan S. Kaplinsky
Practice Group Leader
Consumer Financial Services Group

Speakers

Christopher J. Willis
Practice Leader
Consumer Financial Services
Litigation

John L. Culhane, Jr.
Consumer Financial Services 

Stefanie H. Jackman
Consumer Financial Services
Litigation

Kim Phan
Consumer Financial Services

This program is open to Ballard Spahr clients and prospective clients and members of the financial services industry. There is no cost to attend. This program is not eligible for CLE credits.

Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Daniel Martin at martind@ballardspahr.com.

Register