Credit Card Product Disintermediation
Credit cards are a unique consumer product offering as they provide a convenient means of making payments, as well as borrowing money. Profitability of credit depends upon an appropriate mix of both behaviors, and competition has never been greater. Join industry expert and finance author Jeff Slawsky, live online, as he explores how such competition is eroding both payment volume and loan balances on credit cards and what you can do to combat current trends.
The payment aspect of the credit card value proposition is under attack from alternative technologies and new competitors, such as person-to-person payments, mobile wallets, individual retailer apps and, soon, the various Faster Payment initiatives under development in several countries globally. The lending portion of the credit card offering is similarly at risk from peer-to-peer lenders, mortgage refinancing, home equity lenders and marketplace lenders. This webinar will identify the impacts these new competitors are having, quantify the risks, identify the competition by credit card utility and explore strategies that can preserve and grow both credit card payments and balances over time.
Note: To attend this webinar, your laptops/computers must have the speakers and microphone enabled.
Who Should Attend:
Middle and senior management personnel involved in strategy and business planning, marketing, risk management, systems and operations
The course time is based on Pacific Time. Please click the clock icon next to the session information to convert the time to your time zone.
There are currently no sessions planned.