Rich is passionate about helping the modern lender stay
competitive in today’s ever- changing environment. With more than 40 years
devoted to credit risk management in consumer lending, Rich leverages his
experience to collaborate on GDS Link’s business development, product
evolution, credit consulting and strategic partnerships.
The Lending Link features some of the most engaging specialty lending leaders, innovators, and experts from a cross-section of FinTech, Banking, and Credit Union industries. If you are interested in becoming a guest on the show, please submit the following information; bio, headshot, industry, and interested topic to The LendingLink@GDSLink.com.
The Lending Link Powered by GDS Link is a podcast hosted by Rich Alterman and designed for the modern-day lender. Each episode deeply delves into innovation within the financial services industry and transformation efforts, including AI / ML integration, Modeling, Risk Management Tactics, and redefining Customer Experiences.
We have a wide range of guests from various lending institutions and diverse organizations who talk about strategies, technology, and everything in between.
In this episode of The Lending Link LIVE, recorded at the Fintech Meetup in March 2024, host Rich Alterman talks with Liz Pagel, Senior Vice President at TransUnion. They explore the dynamic world of ”Buy Now, Pay Later” (BNPL) services and their integration into the traditional credit reporting landscape. Liz discusses the challenges of modifying credit models to accurately reflect BNPL transactions and shares insights on the regulatory landscape involving the CFPB and OCC. She explains the technical updates being implemented to ensure BNPL data is accurately captured and used in credit evaluations.
Additionally, Liz addresses the broader impact of these adaptations on financial inclusion and potential changes in consumer behavior. She also speaks on the strides being made towards gender diversity within the fintech sector, highlighting the growing participation and influence of women in the industry.
This episode provides a deep dive into how traditional credit bureaus like TransUnion navigate the complexities introduced by new financial products and what this means for consumers and lenders alike. Tune in now!