ADDISON, Texas, Nov. 30, 2016 /PRNewswire-USNewswire/ -- Think Finance, Inc., the company behind CortexSM, which provides a flexible and complete solution for financial service providers to enter the online consumer lending market, announced two of its senior executives will speak at the Marketplace Lending & Alternative Financing Summit taking place December 4th through December 6th in Dana Point, California. The Summit gathers fintech industry leaders – including credit issuers, platform providers, underwriters, rating agencies, service providers, investors and other professionals – to share insights on the latest trends and tools in the growing area of marketplace lending.
Think Finance CEO Martin Wong will participate in a panel discussion focused on online consumer lending platforms in the United States, and Think Finance Senior Vice President of Decision Sciences and Risk Management Scott Morrison will give remarks during a panel discussion on credit risk.
"As more and more consumers are choosing the ease and convenience of online lending, they expect speed, security, and access to cash when they need it. The Marketplace Lending & Alternative Financing Summit is an ideal venue to discuss how to manage the credit risk associated with offering these kinds of online loan products, and I'm honored to be a part of it," said Morrison. "For over 15 years, Think Finance has helped our clients originate over 2 million loans and enabled them to extend more than $4 billion in lines of credit. Having managed risk for that length of time and through multiple credit cycles, Think Finance is able to leverage our scale, expertise, and CortexSM platform to power the lending capabilities of our clients, and I'm excited to share some of our insights from that experience at the summit."
Morrison is a recognized leader in predictive modeling and an innovator in the use of alternative credit data, with deep experience in the subprime space. In his role at Think Finance, he leads the company's work in decision sciences, prescreen marketing optimization, and financial planning and analysis.
Recently, Think Finance announced the launch of CortexSM, a customizable, end-to-end technology platform that includes website integration, an intelligent decision engine, and a loan management system to facilitate online lending.
"Building a loan platform in-house from scratch can take time and consume precious financial and human capital," said Wong. "CortexSM can reduce the required investment to build or enhance an online lending platform, increase speed-to-market, and accelerate return on investment. During the summit, I'm looking forward to discussing how the latest tools and technologies - like CortexSM – are powering the rapidly expanding online consumer lending market."
Wong has more than 25 years of experience in the financial services industry with the majority of his time spent in the consumer finance sector, including having served in a number of executive roles at companies including Citigroup, Western Union, and CIGNA.
Think Finance offers its clients a full suite of services critical to supporting an online loan business, including consumer marketing, risk management, compliance management, customer service and collections. These services, when combined with the technology powered by CortexSM, create an online solution that is best-in-class at meeting the financial needs of consumers and providing a time-proven solution for lenders.
About Think Finance
Think Finance is the leading provider of software technology, analytics, and marketing services to financial clients in the consumer lending industry. Think Finance's customized services allow clients to create, develop, launch and manage loan portfolios while effectively serving their customers. Founded in 2001, the company is based in Addison, Texas. For more information, visit www.thinkfinance.com.
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SOURCE Think Finance