Agora Data and PayNearMe Review the Impact of AI and Alternative Payment Technologies at NAF Conference

Agora Data and PayNearMe Review the Impact of AI and Alternative Payment Technologies at NAF Conference

Press Release (ePRNews.com) - ARLINGTON, Texas - Nov 12, 2020 - Agora Data, Inc., a finance solution provider of predictive loan technology, announced today the company’s participation in a panel discussion for the National Auto Finance (NAF) Non-Prime Auto Finance virtual conference. The session, Artificial Intelligence & Alternative Payment Technologies, will explore significant technology developments that improve performance in non-prime financing. For the 2020 event, over 25 live or recorded sessions will be made available to registered attendees November 16 – 20 and made available through the end of the year.

Artificial Intelligence & Alternative Payment Technologies

Moderator: Jim Bass, SVP Finance, Agora Data

Panelist: Chad Stilwell, SVP of Data Science, Agora Data

Panelist: Bruce Gaskill, Director of Sales, PayNearMe

The session will explore two of the most significant developments in non-prime financing:

–       Artificial Intelligence – Explore how AI can be used in today’s auto financing business and what must be done to incorporate the technology as well as the use of “Big Data” to assist and improve underwriting, collections, and customer service functions.

–       Alternative Payment Technologies – Hand-written checks vs. enhanced solutions such as push-to-pay bill notification, text, and email that customers want, and finance companies can use to improve performance.

“Conventional approaches used to support non-prime financing initiatives are on the decline or are no longer relevant,” said Jim Bass, SVP Finance, Agora Data, Inc. “The combination of technology, data and improved customer experience should be at the forefront and mission of every auto finance outlet.”

“Analyzing massive amounts of data helps to identify complex patterns and trends,” said Chad Stilwell, SVP of Data Science, Agora Data, Inc. “Integrating artificial intelligence into business processes expedites and increases effectiveness of understanding, planning and communication efficiently and at a lower cost.”

About NAF: Celebrating 24 years of offering a conference dedicated to the needs of the non-prime auto financing industry. NAF’s Non-Prime Finance virtual event which is running in conjunction with the popular Used Car Week Conference. Attendees benefit from the ability to attend combined conference programs. Twenty-five (25) conference sessions will be provided in both live and prerecorded formats over the weeklong event. All sessions will be available through an online library available to attendees to access through the end of the year. The Non-Prime Auto Financing conference will be the last auto financing event of the year. Session discussions will incorporate post-election viewpoints. https://usedcarweek.biz/workshops

About Agora Data, Inc: Agora is re-inventing auto finance for BHPH dealers and finance companies. Founded in 2017 by a best in class team of professionals with experience from top financial and technology organizations, the company has successfully combined billions in historical loan performance data with experiences from top executives in auto finance to develop its AI-Infused predictive loan technology and modeling. Agora’s development of an easy to use platform with actionable dashboards provides direct access to the untapped BHPH auto market connecting dealers, sub-prime buyers, and capital market lenders with results-driven opportunities for growth and access to capital. www.agoradata.com. For more information, please contact Agora at (877) 592-4672 or contactus@agoradata.com

Source : Agora Data, Inc.
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CATEGORIES : Automotive

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