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The Great Credit Card Program Outsourcing Debate

PYMNTS

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer. “The Do FIs want to navigate card programs through that?”.

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LendingPoint’s Loan Hero Acquisition To Expand Credit Options For 145M Consumers

PYMNTS

That category, according to Burnside, contains about 145 million consumers – who, he noted, have very particular points of need where underwriting and risk management capabilities are severely underdeveloped. Breaking New Ground. .

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Data Dive: Disappointment Edition

PYMNTS

This week we got something of a combo platter of those theories: Millennials are shunning credit cards because they’ve been denied in the past, and, well, rejection hurts. The big bulk of Amazon’s revenue-eating expansions were in growing its eCommerce and shipping capacity through its massive warehouse construction boom.

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LendingClub Settles With SEC, DOJ

PYMNTS

The investigation also discovered irregularities with asset management arm LC Advisors (LCA), a sub-unit of the company dedicated to using loans to construct funds for investors. Those two things were enough to end Laplanche’s tenure at LendingClub, and he agreed to step down three days after the news emerged.

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Transcript: Ted Seides

Barry Ritholtz

The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. It’s much more about security selection and a relatively static portfolio construction. SEIDES: No, you’re right about the securities.

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Trade Credit Insurance

Finvisage

Today corporates all around the world extensively engage themselves in Financial Risk Management processes to mitigate their exposure to adverse consequences resulting from threats and uncertainties; TCI is one such process. These figures suggest the high credit risk exposure of UK in a global perspective. Introduction.

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Transcript: David Snyderman, Magnetar Capital

Barry Ritholtz

But in our experience, we’re seeing them efficiently transfer the credit risk of assets, but keeping the customer relationship, it’s a very important distinction. Either you have the asset and the credit risk, I would imagine. This is the product that, that allows them to transfer credit risk.