Marketplace lenders continue to be at the forefront of transparent and responsible financial innovation. This growth has helped to ensure that consumers and small businesses have access to the capital that they need to thrive. As part of our commitment to driving responsible financial innovation, Experian has joined the Marketplace Lending Association as an associate member.
Now more than ever, the financial industry is seeking new and innovative ways to provide valuable financial services to consumers and businesses. Experian has been at the forefront, and is leading this charge by focusing on combining technology with the power of data to help drive an economy that is continually changing. This is critical, especially in the marketplace lending sector, which has brought many innovations to the market over the last decade.
"Experian is honored to join our innovative partners and clients in the Marketplace Lending Association," said Aaron Suplizio, Experian's director, online lending and fintech. "We believe that our expertise in data and analytics will be vital to the Marketplace Lending Association's members as they drive the development of forward-leaning services that expand consumer and small-business access to fair and affordable credit."
Experian is already an active partner with many of the nation's leading marketplace lenders, providing powerful data, analytics and consulting services to consumer and small-business lenders. We are uniquely positioned to help marketplace lenders attract more consumers to our platform, reduce fraud risk and navigate the complex world of regulatory and compliance.
"On behalf of the membership, I am pleased to welcome Experian to the Association," said Nathaniel Hoopes, executive director, Marketplace Lending Association. "We look forward to working with Experian to help advance our shared goals of fostering innovation to improve access to credit for consumers and small businesses."
MLA, a professional trade association, was formed in 2016. The goals of the Association are to promote a transparent, efficient, and customer-friendly financial system by supporting the responsible growth of marketplace lending, fostering innovation in financial technology, and encouraging sound public policy at the state and federal level. To be eligible to join the association MLA companies must abide by the highest standards of business conduct in providing credit and services to consumers and businesses.
Experian® is the world's leading global information services company. During life's big moments — from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers — we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organizations to prevent identity fraud and crime.
We have 17,000 people operating across 37 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.