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Tuesday, October 22, 2013

4:45 p.m. - 5:30 p.m.
Track: Technology View Track

HARNESSING THE POWER OF SOCIAL MEDIA IN THE CREDIT LIFE CYCLE - CONSIDERATIONS FOR THE FUTURE

Noah Stayton, Senior Program Manager, BRIDGEFORCE INC.

A predominant trend in recent years has been the rise of social networking platforms, their rapid adoption by various demographic groups, and the cottage industries that have sprouted up in response.  Bridgeforce will discuss potential uses of social media across the credit life cycle and will also provide insights from the Future Leader Forum.  We will propose a conceptual framework for potential enhancements to life cycle management from social media, give examples of possible approaches in each area, and discuss the key risks and considerations associated with customer interactions in this evolving landscape.

 

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