Regulators in Asia Pacific and other global regions are seeking greater transparency into the operations of the consumer credit reporting industry. They seek transparency relating to bureau data collection and use practices, transparency into how credit bureaus interact with and educate consumers, transparency into how credit scores and other data analytics are developed and, finally, transparency into the processes by which credit bureaus ensure the integrity, quality and accuracy of data.
This panel of experts will examine these complex issues and discuss whether the formulation of common data standards can support bureau development toward reaching greater levels of transparency with regulators, consumers and entities that use credit data. Finally, the panel will discuss the role non-traditional credit data, including information from social media, might play in assessing credit-worthiness.
