Online lenders are often smaller and less-experienced, leaving them open to additional risk compared to traditional lenders. Pierre Buhler outlines the risks facing digital lenders in this The Information article.
He explains how digital lenders differ from more established lenders, “The biggest may be the fact that their borrowers tend to have lower credit scores than customers of older banks. As a result, any economic downturn that hurts consumer credit quality generally could disproportionately hurt the digital lenders”
He goes on to acknowledge the uncertainty surrounding the credit world in recent years, “every pundit in consumer credit has been consistently wrong.”
Last year, rather focus on growth, many retailers focused on cutting costs. Matt Katz was quoted in this Modern Retail article discussing pressures that led many retailers to focus on cost cutting last year.
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Pierre Buhler was featured in this American Banker article outlining strategies for credit card issuers operating in an increasingly complex environment.
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Pierre Buhler is featured in this American Banker article about new strategies for corporations looking to better manage cash flow and working capital.
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Pierre Buhler is featured in this Retail Dive article about the reorganization underway at Citigroup under new CEO Jane Fraser.
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