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Technology enabling digital credit evaluations has evolved considerably in recent years, turning what was once an innovation into today's table stakes, says Glenn Goldman, co-founder at Plurall and veteran leader and advisor to digital lenders. Glenn explains digital credit evaluation's "5 Cs" and why they are critical today. He also discusses how digital lenders can balance UX with credit analysis – and how that balance varies depending on the organization's culture.
Sean Salas has special guest Glen Goldman on this episode. Glen Goldman is a FinTech Veteran former CEO of Credibly and advisor to Camino Financial.
Panelists include: Geoffrey Kott, Cross River Bank; Joe Toms, Freedom Financial; Dan Vetter, Money360; Glenn Goldman, Credibly; Jeff Mortara, UBS; Moderator: Jay Bernstein, Clifford Chance. Originators are beginning to look at launching their own captive funds; at LendIt USA 2017 we hosted a panel featuring Cross River Bank, Freedom Financial, Money360, Credibly, UBS and Clifford Chance to discuss this idea; the originators on the panel talked about their current funds, if they have launched one, size, structure and how they currently view the idea of this vehicle in the long term; the panelists focused on diversification of funding sources; in good times it is never hard to get loan purchasers but when markets tighten how can you make sure you are prepared; they also talked about when setting up this funding vehicle should you manage it yourself or should you find a third party fund manager; how do conflicts of interest come into play when the originating company is then investing in the loan and servicing the loan; there are still many questions when it comes to setting up a fund like this; as more firms look to this option we will better understand how to answer these questions in the future.
Christopher Thompson and guests discuss the UK competition watchdog's long-awaited report into the state of retail banking, Royal Bank of Scotland's decision to abandon its spin-off of Williams and Glyn, European investment banks' underperformance and the state of small business lending in the US. With special guests Eric Leenders of the British Bankers Association and Glenn Goldman of Credibly. See acast.com/privacy for privacy and opt-out information.
Since online lending is a new industry there are very few, if any, true veterans of the space – those people who have spent more than a decade honing their craft. Glenn Goldman certainly qualifies here with 12 years at the helm of the original online small business lender, CAN Capital and now CEO of […] The post Podcast 70: Glenn Goldman of Credibly appeared first on Lend Academy.
Since online lending is a new industry there are very few, if any, true veterans of the space – those people who have spent more than a decade honing their craft. Glenn Goldman certainly qualifies here with 12 years at the helm of the original online small business lender, CAN Capital and now CEO of […] The post Podcast 70: Glenn Goldman of Credibly appeared first on Lend Academy.
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Big Data and The Future of Financing panel at LendIt USA 2015 with Glenn Goldman, of RetailCapital; Noah Breslow, of OnDeck; Jared Hecht, of Fundera; Paul Gu, of Upstart; John Sun, of Avant; and David Snitkof, of Orchard.