Happy New Year! The AFSA Extra Credit Podcast is back with fresh perspectives, best practices and great conversations with consumer credit industry leaders

In this episode of the AFSA Extra Credit Podcast, Dan Bucherer chats with Ravi Bajagur from Sigmoid to discuss the role of AI in the financial services sector, particularly in lending. They explore the differences between traditional machine learning and AI, the importance of data quality, risk analysis, and the future of AI applications in lending. Ravi shares insights on how Sigmoid is helping lenders streamline processes and ensure security and explainability in AI models.

Speaker

Ravi Bajagur, Global Head, Financial Services, Sigmoid

Host

Dan Bucherer, Senior Director, Member Services & Engagement, AFSA

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Don't forget to follow AFSA on Twitter @AFSA_DC and @AFSA_SGA and on Linkedin. The blog at afsaonline.org is also a great resource for the most up-to-date news.

If you've got questions or you'd like to suggest a guest, please shoot us an email at membership@afsamail.org or tweet at us.

In this episode of the AFSA Extra Episode Podcast, Dan discusses delays and their costs with Adam Fader, Senior Manager, Business Development at MVTRAC and Sam Van Scoyoc, VP of Business Development for Secure Collateral Management (SCM), the combination of which forms AFSA Business Partner DRN MVTRAC SCM.

Lenders lose millions annually from delayed recoveries, impound fees, and depreciation. Many still rely on snail mail notifications, which slow everything down. In our discussion, we talk about the true cost of delays, to the tune of several thousand dollars per vehicle in many cases, managing the auto repo world, and how lenders can effectively plan for and manage both.

Toward the end of our conversation, Sam Van Scoyoc mentions a new data stream that will enhance the company's offering. Since recording, DRN MVTRAC SCM announced an integration with Loanbridge data. You can read more about that at the DRN Blog.

Speakers

· Adam Fader, Senior Manager, Business Development at MVTRAC

· Sam Van Scoyoc, VP of Business Development for Secure Collateral Management (SCM)

Host

· Dan Bucherer, Senior Director, Member Services & Engagement, AFSA

In this episode of the AFSA Extra Credit Podcast, Dan steps aside to let experts take care of a complex legal topic – the Valid When Made Rule. As the Madden v Midland Funding (2015) case turns 10, Steve Obermeier and Jeremy Broggi, Partners with Wiley Rein and Frank Borchert, former CLO/CAO/CRO with Best Egg provide an overview on the rule and walk through some of the history. Then, they talk about the federal regulatory and judicial responses to the decision, before turning to the broader industry implications. They also offer some practical takeaways for listeners.

Learn more about Wiley Rein at wiley.law.

Listen to the episode anywhere you get podcasts or visit afsaonline.org/podcasts.

Speakers

Jeremy Broggi, Partner at Wiley Rein LLP

Frank Borchert, former CLO/CAO/CRO at Best Egg

Host

Steve Obermeier, Partner at Wiley Rein LLP

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Don't forget to follow AFSA on Twitter @AFSA_DC and @AFSA_SGA and on Linkedin. The blog at afsaonline.org is also a great resource for the most up-to-date news.

If you've got questions or you'd like to suggest a guest, please shoot us an email at membership@afsamail.org or tweet at us.