Seasoned IT Executive to Lead Analytics and Product Efforts
FactorTrust, The Alternative Credit Bureau, announces the hire of Paul Bunting as chief information officer, as the company accelerates its efforts around analytics and product development. Bunting will oversee all IT and infrastructure, security, analytics and product development efforts at FactorTrust.
Bunting brings more than 20 years of experience in the financial services industry, including banking, risk, fraud and public records. He worked for Equifax for nearly 10 years, fulfilling various roles within the credit reporting agency, including vice president of international data and analytics where he focused on developing credit products for the underbanked.
In his most recent role, he served as business development leader for Cignifi, a big data platform that develops credit risk and marketing analytics through the use of mobile phone data. While working for the company, Bunting created an abundant sales pipeline through assembling and repackaging the company’s proprietary analytical tools, models and data management technology with a focus on expanding products that promote financial inclusion for underbanked and near-prime consumers. Additionally, Bunting founded Pretrieve LLC, a public record search engine company, in 2003. The company was so successful, it was sold in two parts to Acxiom and Intelius just two years later.
“Paul is an accomplished executive who is well-versed not only in IT, but also data, analytics, product development and operations,” states FactorTrust CEO Greg Rable. “Additionally, Paul’s expertise on underbanked consumers makes him the ideal candidate for leading our offerings for Credit Climbers, consumers with credit scores below 700 making a concerted effort to improve their financial standing.”
About FactorTrust
FactorTrust, The Alternative Credit Bureau, is relentlessly dedicated to proven analytics and clean credit information that provide lenders opportunities to grow more revenue, meet compliance regulations and serve more consumers with more credit options.
At the core of FactorTrust is alternative credit data not available from the Big 3 bureaus and analytics and risk scoring information lenders need to make informed decisions about the consumers they want. FactorTrust Alternative Credit Data and Analytics accurately predicts risk and ability to repay of near and non-prime consumer loans in real-time and enables financial service companies an opportunity to uncover creditworthy prospects that are not surfacing via traditional credit sources. Headquartered in Atlanta, the experienced FactorTrust team of predictive analytics specialists, statisticians and financial industry experts has delivered unique data and valuable insight to lenders throughout the U.S. for 10 years. For more information on the quarterly FactorTrust Underbanked Index or the company itself, visit www.FactorTrust.com.
