Conductiv Presents at VA CU League GROWTH Conference

Gopal Swamy, CEO of Conductiv, presents on “The power of permissioned data in lending. at the Credit Union Growth Conference 2023 and how this data can provide “more loans (and deposits) with less work.”

Permissioned data is detailed and highly descriptive of a member's financial behavior, but, it  requires members to provide access. This data can be broken into categories like income, debt, and identity, cash flows, payments, and more. 

Permissioned data coming from many different sources. Credit unions must use this data to make better, faster, and fairer decisions in consumer and business lending and identify the right data sources, implement the APIs, and use this data to make decisions. 

This presentation presents the data categories, use cases, and best practices from credit unions who are opening, approving, and funding more deposit, loan, and credit applications, and reaching new (lower-FICO) members.