ARLINGTON, Texas, November 12, 2020 (Newswire.com) – Agora Data, Inc., a finance solution provider of predictive loan technology, announced today the company’s participation in a panel discussion for the National Auto Finance (NAF) Non-Prime Auto Finance virtual conference. The session, Artificial Intelligence & Alternative Payment Technologies, will explore significant technology developments that improve performance in non-prime financing. For the 2020 event, over 25 live or recorded sessions will be made available to registered attendees November 16-20 and made available through the end of the year.
Artificial Intelligence & Alternative Payment Technologies
Moderator: Jim Bass, SVP Finance, Agora Data
Panelist: Chad Stilwell, SVP of Data Science, Agora Data
Panelist: Bruce Gaskill, Director of Sales, PayNearMe
The session will explore two of the most significant developments in non-prime financing:
– Artificial Intelligence – Explore how AI can be used in today’s auto financing business and what must be done to incorporate the technology as well as the use of “Big Data” to assist and improve underwriting, collections, and customer service functions.
– Alternative Payment Technologies – Hand-written checks vs. enhanced solutions such as push-to-pay bill notification, text, and email that customers want, and finance companies can use to improve performance.
“Conventional approaches used to support non-prime financing initiatives are on the decline or are no longer relevant,” said Jim Bass, SVP Finance, Agora Data, Inc. “The combination of technology, data and improved customer experience should be at the forefront and mission of every auto finance outlet.”
“Analyzing massive amounts of data helps to identify complex patterns and trends,” said Chad Stilwell, SVP of Data Science, Agora Data, Inc. “Integrating artificial intelligence into business processes expedites and increases effectiveness of understanding, planning and communication efficiently and at a lower cost.”