Q1 2020 Consumer Credit Trends

Dan Simmons is responsible for providing insights on consumer credit risk management and recent trends in the lending industry. He brings nearly 20 years of financial services experience, including the past 12 years at IBM Consulting where he worked on projects in domestic and international locations (India, Israel, South Africa, United Kingdom and Vietnam). Additional background includes directing fraud, collections, customer service and vendor management operations for credit card, retail, power-sport and student loan portfolios. Simmons has an MBA from the Kellogg School of Management at Northwestern University, and received his bachelor’s degree in finance from Northern Illinois University.

Matthew Komos leads financial services research and consulting in the U.S. and is charged with providing insights and exploring emerging trends in consumer credit. He has over 19 years of experience in lending, with a focus on risk management, growth dynamics, customer profitability, and analytically derived solutions across the full consumer lifecycle. He also has extensive experience in the business lending arena. Komos has worked within and consulted for some of the largest financial institutions in the world, as well as various startup consulting and lending firms, where he’s leveraged empirically-based solutions to solve complex business problems. Komos earned a bachelor’s degree in economics with a minor in mathematics from the University of Illinois at Champaign-Urbana, and a master’s degree in applied statistics from DePaul University. He’s a member of the Risk Management Association and teaches statistics at both the graduate and undergraduate levels.