2021 ACCIS Annual Conference
Virtual Conference
Agenda
16th June 2021, Wednesday
09:00 - 10:30 CET
Supporting businesses in the aftermath of the coronavirus pandemic
As Europe starts to slowly emerge from the coronavirus pandemic, uncertainty remains for many businesses. The risk of insolvency among SMEs is high and there is a need for mitigating measures, including “bridge” support and debt/loan restructuring for a viable business. Stakeholders in the credit markets (lenders, credit reference agencies, borrowers) need to understand better the criteria and the tools applied to judge whether a business is viable (or not) and therefore whether it has (or has not) reasonable recovery prospects so that support can be deployed effectively. Here, role of Early Warning Mechanisms can play an important role.
Introductory remarks
Enrique Velázquez, Director General, ACCIS
Case Studies
Eric Van den Broele, Director of Research & Development, Graydon Belgium
Covid, the aftermath. Can covid become a catalyst towards change in economic and social issues?
Ingvar Birgisson, Director of Global Solutions, CreditInfo
The transformation of SME lending in a post-pandemic economy
Remarks by additional panelists
Nina Schindler, CEO, European Association of Co-operative Banks
Gerhard Huemer, Economic Policy Director, SMEunited
Anne Schaedle, Head of Unit, DG FISMA A.1 Policy definition and coordination Unit,
European Commission
Panel discussion and Q&As
Closing remarks
Enrique Velázquez, Director General, ACCIS
10:30 - 11:00 CET Virtual Networking
16th June 2021, Wednesday
11:00 - 12:30 CET
Putting data to work to ensure responsible lending for consumers
Assessing creditworthiness before granting credit is a key component of responsible lending. In a digital, data-driven environment, the relevant factors taken into account for the assessment of creditworthiness are evolving. New data such as regular household bills or open banking transactions are way more easily and readily available. The ability to leverage that data has enabled the assessment of qualitative factors such as consumption behaviour and willingness to pay, which allows for greater, faster, and cheaper segmentation of borrower quality and ultimately lead to better and quicker credit decisions. The use of personal data raises however policy issues, including those related to data privacy, data protection and a potential loss of control and understanding of the dynamics underlying lending decisions.
Introductory remarks
Enrique Velázquez, Director General, ACCIS
Case Studies
Jon Roughley, Global Head of Data Exchange, Experian
Three key factors in creating a fair, safe and future-proofed credit market
Christian Ochs, PhD, Founder of FINcredible
Providing fully digital credit checks on consumers
Remarks by additional panelists
Chris Muyldermans, Head EU Affairs, Corporate Public Affairs, KBC Group
Peter Norwood, Senior Research and Advocacy officer, FinanceWatch
Elena Brolis, Policy Officer, DG JUST E1 Consumer Policy Unit, European Commission
Panel discussion and Q&As
Closing remarks
Enrique Velázquez, Director General, ACCIS
12:30 - 13:00 CET Virtual Networking
17th June 2021, Thursday
09:00 - 10:30 CET
Transitioning from Open Banking to Open Finance
Open banking was designed to increase innovation and competition in banking and payment services. Open banking uses include innovative alternatives to traditional credit scoring and affordability models. Open finance is an opportunity to build on the concept of open banking by extending open banking-like data sharing and third-party access to a wider range of financial sectors and products. More accurate creditworthiness assessments and increased access to credit by enabling third parties to review cash flow holistically and identify suitable credit products for businesses and consumers would be possible. Open finance would also create or increase risks and raise new questions of data ethics. The right commercial incentives for widespread open finance-type arrangements between firms would also have to emerge.
Introductory remarks
Enrique Velázquez, Director General, ACCIS
Case Studies
Dr. Frank Schlein, CEO Germany, Austria, Poland CRIF
Open Finance: the end of traditional credit risk management?
Isabella Cesarini, Head of Product and Project Management, AUTO1 FinTech
Digital Scoring: A case study in Mobility Fintech
Remarks by additional panelists
Gavin Littlejohn, Interim Chief Research & Innovation Officer, Global Open Finance Centre of Excellence
Patricia Suárez, Founder and President, ASUFIN (Spanish Financial Users Association)
Mattias Levin, Deputy Head of Unit, DG FISMA B.5 Digital Finance Unit, European Commission
Panel discussion and Q&As
Closing remarks
Enrique Velázquez, Director General, ACCIS
10:30 - 11:00 CET Virtual Networking
17th June 2021, Thursday
11:00 - 12:30 CET
The power of AI in delivering better lending decisions for consumers
Advances in technology and software are enabling organisations to adopt more powerful and advanced analytical approaches to help drive growth, efficiency, competitiveness and manage risk. Take Machine Learning. Machine learning essentially means teaching computers to teach themselves by giving them access to lots and lots of data. Thanks to machine learning algorithms, an AI system will teach itself which data points are important, and which ones are not for a particular lending decision. With so much focus recently on getting analytics and AI to outperform traditional methods, there is now a need to expand and allow for all of that success to be explained. And, even, regulated?
Introductory remarks
Enrique Velázquez, Director General, ACCIS
Case Studies
Federico Sembolini, Lead Data Scientist, Equifax Iberia
NeuroDecision: fully explainable AI to boost financial inclusion
Mesrur Börü, Senior Data Scientist, TAZI.AI
Customer retention using Next Generation AutoML
Remarks by additional panelists
Dr. Gjergji Kasneci, Data Science and Analytics Research Group Lead at the University of Tübingen / Chief Technology Officer, SCHUFA AG
Déborah Faure, Financial Services Officer, BEUC
Marion Walsmann, Member of the European Parliament
Panel discussion and Q&As
Closing remarks
Enrique Velázquez, Director General, ACCIS