The migration of experienced executives moving from one of the three traditional credit bureaus to Trust Science continued this week.
The provider of artificial intelligence-powered credit scoring announced that Jeremy Mitchell has joined Trust Science as chief data and analytics officer. Mitchell was formerly vice president of analytic solutions consulting at Equifax where he supported more than $340 million in annual revenue and previously has product development responsibilities for product portfolios in excess of $100 million.
Trust Science explained in a news release that Mitchell will leverage his 20 years of industry experience to oversee two key pillars in the company’s software-as-a-service platform, both alternative data and also analytics. Trust Science can produce custom scores using not only a finance company’s historical records but also proprietary data and publicly-sourced data, all powered by machine learning and AI.
Trust Science insisted that finance companies can benefit from automation at scale and previously unattainable decision support at the lower end of the credit spectrum.
“We’re proud to have Jeremy join us to help define underwriting across the planet for the 2020s,” Trust Science chief executive officer and founder Evan Chrapko said. “Jeremy was a member of the original development team that created VantageScore, a credit score to compete with the traditional FICO score. We love compliant, powerful disruption.”
Mitchell shared his perspective on his new position.
“Trust Science is leading the trend to give consumers access to relevant information and give them control over who accesses their information,” he said.
“Trust Science is building solutions that benefit both the consumer and the lender,” Mitchell continued. “This decade will see the world expect alternative data and AI to be harnessed for social good like financial inclusion.”
The company’s addition of Mitchell arrived after Trust Science hired John Giamalvo, who also worked at Equifax among other automotive industry position, along with Elizabeth Reyes, who spent 12 years at TransUnion.
Before coming to Trust Science as its head of subprime automotive, Giamalvo spent nearly five years at Equifax, making multiple appearance as speaker during Used Car Week. Giamalvo also has held positions with Edmunds, CoreLogic, AutoNation and the Star Auto Group.
Reyes most recently served as a West Coast account representative for FactorTrust after it was acquired by TransUnion.