General World News

Mortgage credit-score hopeful VantageScore has a new CEO

VantageScore Solutions announced this week its longtime CEO Barrett Burns would step down and Silvio Tavares, a financial services and fintech veteran, will fill the role.

Tavares has held senior positions at Visa and FiservFirst Data, and most recently led the Digital Commerce Alliance, a global trade association which counted Bank of America, Discover, MasterCard and Microsoft among its members. Burns will stay on as vice chairman, a newly created position at VantageScore.

Tavares’ new role as CEO comes at a time of great opportunity for the company, which develops consumer credit scoring models. It awaits the conclusion of a years-long process details ⇒

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