FactorTrust Appoints Paul Bunting as Chief Information Officer

Seasoned IT Executive to Lead Analytics and Product Efforts

ATLANTA–(BUSINESS WIRE)–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.

Contacts

Trevelino/Keller Communications Group
Savannah Weeks, 404-214-0722
Ext. 110
sweeks@trevelinokeller.com