Bassett Capital Group’s Bob Curry Featured on Consumer Finance Monitor Podcast
Bassett Capital Group’s Bob Curry joined Ballard Spahr’s Consumer Finance Monitor podcast for a conversation about the strategic considerations facing small and midsized banks and credit unions offering credit cards.
Drawing on his experience managing credit card portfolio acquisitions and conversions, Bob discussed the primary operating models available to financial institutions: agent partnerships, self-issuance, and participation arrangements. The conversation explored the economics, operational requirements, compliance responsibilities, and member or customer relationship considerations associated with each model.
Bob also shared his perspective on how institutions with existing card portfolios can evaluate whether to continue self-issuing, pursue a partnership, share risk through a participation structure, or consider a portfolio sale.
Listen to the full conversation to learn more about the strategic and operational factors financial institutions should consider when determining the future of their credit card programs.