How is consumer reporting evolving and what do the changes mean for consumers, businesses and the industry?
CDIA President and CEO Dan Smith joined Ballard Spahr’s Consumer Finance Monitor podcast for a timely discussion with host Alan Kaplinsky and Adam Maarec about the legal, regulatory and technological developments shaping the consumer reporting ecosystem.
The conversation explores the Fair Credit Reporting Act (FCRA), accuracy and dispute investigations, artificial intelligence, alternative data in credit underwriting, fraud prevention, identity verification and the evolving regulatory landscape.
As consumer reporting continues to change, these issues underscore the importance of accurate information, responsible data use and a strong understanding of the system that helps inform decisions affecting consumers’ everyday lives.
Listen to the full episode here!
Thank you to Ballard Spahr LLP and the Consumer Finance Monitor team for the conversation.
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