NOW IS A DREAM MISSOURI WHO IS
THE CEO
CREDIT DURING THANK YOU SO MUCH
FOR TAKING THE TIME WITH US
THIS MORNING, HOW HAS BEEN NEED
FOR CREDIT CHANGED SINCE THE
PANDEMIC.
>> I THANKS FOR
HAVING ME WELL AS YOU SAID A
GREAT ASSESSMENT IS A FINANCIAL
WELL
AS PLANNED. SO WE HAVE BEEN A
SURVEY OF OVER 50 MILLION
CONSUMERS OVER THE
PAST DECADE. TO UNDERSTAND AND
HELP IMPROVE YOUR CREDIT IN A
LOT
OF OPPORTUNITIES AS PART OF
THAT
PROCESS WE I HELP THEM BECAUSE
HELP EVERYBODY'S LIFE
PARTICULARLY AS WE RUSH HOUR
AND
THEN THE THE NEED FOR FINANCIAL
SERVICES OR CREDIT VOTE HAS
BEEN HIGHEST WE'VE
EVER SEEN. IT SEEMS LIKE MOST
PEOPLE HAVE EITHER EXTRA INCOME
OR HAVE AN OPPORTUNITY TO
REALLY GET ALL ALONE IS ONLINE
SERVICES TO TAKE CLEARLY
TECHNOLOGIES THAT COULD GIVE
WE ARE SEEING
HOW THEY'RE IMPROVING THEIR
CREDIT AND I'M ALSO GOING
DIGITAL THEY WANT TO USE.
MONEY MANAGEMENT SERVICES,
DIGITAL CURRENCIES TO DO
EVERYDAY PURCHASES. WE ARE NOW
SEEING HIGHER DEMAND FINANCIAL
WELLNESS PLATFORM AS
WELL GUYS JUST FOLLOWING
FINANCIAL THEM BEFORE HAND
AND SO.
>> CAN YOU BRING US UP TO SPEED
WITH HOW THE CREDIT SCORING
MODELS HAVE CHANGED
TO REALLY REFLECT THE
ENVIRONMENT THAT WE FIND
OURSELVES WITHIN WHETHER THAT'S
A
CONSUMER'S RELATIONSHIP WITH
THEIR BANK OR RELATIONSHIP WITH
OTHER LOANS THAT THEY
HAVE OUT STANDING EVEN WITHIN
THE BANK OR SOME OTHER PRIVATE
LENDER OR EVEN WITHIN LOANS
THAT THEY HAVE ON THE
EDUCATIONAL FRONT WHICH CAN BE
A RANGE
OF DIFFERENT. OPPORTUNITIES AND
METHODS THAT THEY'VE OUTLINED
BEST FOR THEMSELVES AS WELL AS
OTHER PURCHASES THAT THEY MAKE
ON A DAY IN DAY OUT BASIS.
>> WE HAVE HAD ITS CREDIT
SCORING LACK OF THE MORE
SO IT WILL TAKE SOME TIME FOR
THOSE SCORING MODELS TO REFLECT
WHAT HAPPENED AS A RESULT OF
THE PANDEMIC BUT THE COURT OF
CREDIT REMAINS THE SAME MAKING
PAYMENTS ON
REALIZING CREDIT ITS CENTRAL
HAS BEEN IN DECEMBER AND WILL
CONTINUE TO REMAIN THE SAME.
I THINK ONE OF THE BIG TAKE
AWAY FROM THE PANDEMIC WAS
GOING WHEN
IT HAPPENED. MANAGERS AND
FINANCIAL SERVICES INDUSTRY IN
THOUGHT THAT CONSUMERS. I HAVE
LOST THEIR JOBS AS A
RESULT OF THAT FOR MOST LIKELY
GOING TO DEFAULT AT RECORD
RATES ON
THEIR LOANS. WHAT WE ACTUALLY
SAW FROM THAT
DAY OFF WAS THAT WHY MANY
PEOPLE UNFORTUNATELY LOST THEIR
JOBS.
BUT THEY WERE NOT ABLE TO JUST
SPEND MONEY THAT WAY THEY WERE
ABLE TO SPEND BEFORE COMING TO
IT. SO THAT ADDED UP TO
SIGNIFICANT SAVINGS IN THE
ACTUALLY REVERSE TRIP TO SO
PEOPLE LEVERAGING PLATFORMS
LIKE US REALIZE HOW THEY COULD
USE TO ACCESS CASH
TO PAY DOWN CERTAIN THAT AND
NOT GET TOO HUNG UP,
BUT THEY'RE CERTAINLY TO MORE
THAT SO WE ACTUALLY DO SO
POSITIVE IMPACT AS A RESULT OF
EITHER THE SAVINGS THEY HAD OR
SOME OF THIS STIMULUS CHECKS IN
FAT. ONE OF THE BIGGEST NEWS OF
A STIMULUS CHECK AND MOST
MOVIES ARE FOR USES WAS TO USE
IT TOO IMPROVE
THEIR CREDIT. SO IT WILL BE
ADDED TO THE SCENE NO CASE
CRIMINALS ARE GREAT IT JUST FOR
THAT DATA. BUT CONSUMERS
AWARENESS AND CONSUMERS REALLY
TO TO USE PANDEMIC PEOPLE TO
CREATED SOMETHING WE SAW SIR.
>> AND SO GOING FORWARD FROM
HERE GIVEN THE FUNDING THAT
YOU'VE BEEN ABLE TO TAKE ON AS
A COMPANY WE REALLY START TO
DEPLOY SOME OF THAT CAPITAL TO
>> I'VE BEEN APPRECIATED FOR A
LONG TIME WITH SURGE IN DEMAND
FOR FINANCIAL FOR COMPANIES TO
FINANCIAL WOES PLANT WHEN A
PRIMARY USE OF
THE CAPITAL IS TO DEVELOP
ARTIFICIAL INTELLIGENCE SURE
AND SERVICES THAT WILL CLOSE I
CREDIT 1000.
>> MANY CUSTOMERS MILLIONS OF
CONSUMERS. STILL STRUGGLING TO
GET INTO THE
CREDIT SYSTEM AND ARE EXCLUDED
FROM FINISHES ITS THE
SYSTEM SO. LATER THIS YEAR WITH
MAKING AT LEAST A COUPLE
OF ANNOUNCEMENTS ABOUT HOW
WE'RE USING ARTIFICIAL
INTELLIGENCE IS SIGNIFICANT
AND IT'S TO ENTRANCE OF THE
SERVICES INTO THE FINANCIAL
SYSTEMS AND FOR THOSE WHO HAVE
ALREADY ARE ALREADY IN THE
SYSTEM HAVE A GREAT HELP TO FIX
OPEN EVEN BETTER. IN ADDITION
TO THAT WE'RE GOING TO BE USING
THIS CAPITAL TO REACH MORE
CONSUMERS AND HELP
MORE SERIOUS. ITS CHIEF
FINANCIAL WELLNESS AND ITS
CAPITAL IS GOING TO ACCELERATE
THOSE EFFORTS.
>> YOU KNOW THAT JP MORGAN
WELLS FARGO OTHER U.S. BANKS
THEY PLAN TO ISSUE CREDIT CARDS
TO PEOPLE BY USING INFORMATION
FROM ONE IS CHECKING OR
SAVINGS ACCOUNTS I WORK AT THIS
MEAN FOR THOSE THAT ARE LOOKING
TO GET LOANS AND HAVING TO
LEAN ON THE EITHER THE STRENGTH
OR WEAKNESS OF THEIR CREDIT
SCORE TO BE ABLE TO DO THAT.
WE ACTUALLY WELCOME THAT WE
WELCOME IN WE'RE HAPPY TO SEE
BEARS AND EVEN GOVERNMENT
TAKING
STEPS TO.
>> I HOPE PEOPLE WHO READ IT WE
ARE A CRITIC COUNTRY SO A
GOOD CREDIT AND MAINTAINING A
GOOD
CREDIT IS WHO OR TO MOST
PEOPLE FINANCIAL ONE IS
ESPECIALLY GIVEN THE FACT THAT
ABOUT 2 THIRDS OF US POPULATION
LIVES PAYCHECK TO PAYCHECK SO
THEY REALLY DEPEND
ON CREATED FOR SURVIVAL, IT'S
NOT A LUXURY BEFORE GOING TO
HAVE SOME
WELCOME BACK. BUT YOU WILL SEE
LATER THIS YEAR WE'RE GOING TO
AND NOW IT'S ACTUALLY A SIMPLE
WAY FOR PEOPLE TO USE THEIR
CASH TO
BUILD CREDIT. BUT WE WELCOME
THOSE EFFORTS AND WE THINK THAT
THAT THAT EFFORT
WILL CONTINUE TO BE SOMETHING
THERE THAT ISSUES THE 2 SHOWS
WILL DO BECAUSE AS WE SAID
QUOTE ASSISTANCE ON THAT
PERFECT CREDIT SCORING MODELS
AND
A PERFECT. WE DO HAVE A SHOCKED
LOOK WE HAVE A COVID THEN THERE
IS A NEED
TO REVISIT ALL OF HOW WE'RE