Rethinking credit risk in underserved communities

Apr 6, 2021 / Consumer Banking

BAI Host

Terry Badger

Our Guest

Brad McConnell

Accessing capital can be a challenge for small business owners in lower-income communities, largely because of how lenders assess the credit risk of these would-be borrowers.

Brad McConnell, CEO of Allies for Community Business in Chicago, joins us to discuss a novel way of gauging repayment risk in underserved areas.

Subscribe to the BAI Banking Strategies podcast:

Terry Badger is the managing editor at BAI.

Article

Life goes on

Nov 16, 2023

By James White

Capitalizing on consumer life events amid market volatility.

Consumer Banking

Article

How AI helps bankers create “stickier” deposits with stronger customer relationships

Nov 16, 2023

By Slaven Bilac

Banks must leverage all the AI tools available to them to establish trust with customers through personalization and efficiency, leading to an increase in “sticky” deposits.

Consumer Banking

Article

Breaking down silos: The crucial role of data unification in financial institutions

Nov 15, 2023

By David Benskin

The right approach to data that eliminates silos, delivers personalized experiences and drives efficiencies helps today’s institutions stay competitive.

Consumer Banking

How Organizations Are Implementing Compliance Policies and Training

BAI provides compliance training and solutions designed for financial services organizations to help reduce organizational risks, improve compliance efficiencies and provide key information.

Learn About the New BAI Policy Manager

Contact Our Compliance and Training Team

How Organizations Exceed Expectations

Benchmarking resources to help you better understand your organization’s relative performance. Tailor your preferred reports and leverage the insights to make data-driven decisions with confidence.

Learn More About Benchmarking

Download an Overview

This website uses cookies and third party services. Settings I Consent

Analytics Cookies

This website uses cookies to personalize your experience and to analyze our traffic. We share information about your use of our website with Google, Marketo, Facebook, Twitter, LinkedIn, AdRoll, and other third-party ad platforms.

Tracking Cookies

This website uses cookies and third party services. Settings I Consent

Analytics Cookies

Tracking Cookies

Rethinking credit risk in underserved communities

See More Insights

Life goes on

How AI helps bankers create “stickier” deposits with stronger customer relationships

Breaking down silos: The crucial role of data unification in financial institutions

How Organizations Are Implementing Compliance Policies and Training

How Organizations Exceed Expectations

Analytics Cookies

Analytics Cookies