Remove Cards Remove Management Remove Risk Management Remove Utah
article thumbnail

Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Fast and Furious BNPL Action.

Lending 130
article thumbnail

BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

For many options, borrowers first create an account with each BNPL firm they want to use, providing their debit card or bank information as the payment mechanism. For these reasons, BNPL loans, which are convenient and fast, can be an excellent spend management tool. Who Shoulders the Risk? Testing the Limits.

Fraud 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CFPB announces new appointments to advisory groups

CFPB Monitor

Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. DeBery, Senior Vice President, Internal Audit and Risk Management, Bath Savings Institution, Bath, Maine. Christopher G. Kathleen J.

Groups 60
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

Congrats to Randy and a great management team. Based on a clearly defined strategy, this team has established a dedicated fintech group that offers services ranging from BaaS to sponsoring card issuance and lending, to providing crypto services, to offering niche partnerships to the gaming industry. Has it worked?

Fintech 147
article thumbnail

THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah.

Utah 60
article thumbnail

THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah.

Utah 60
article thumbnail

Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Financial supply chain management. Derivative risk management. Tags: Personal financial management, advice, PFM, retirement planning, employee benefits, insurance. HQ: Bejing, China.

Company 12