Retailers, financial institutions, credit unions and independent loan providers across the world are currently managing their unsecured loan portfolios using independent networks. To support the management, collection and reporting of these loan portfolios efficiently, including facilitating credit card to loan conversions; firms have to implement the latest technology-enabled solutions.
In addition, any system implemented has to ensure 24/7 system availability, manage credit risks inline with lender policies, be channel agnostic and facilitate the loan lifecycle seamlessly.
HPS’ PowerCARD-Issuer is a powerful loan issuance and management platform that can help firms overcome these challenges and manage their loan portfolios in a reliable and efficient manner, while keeping operational costs to a minimum.
Complete services for issuance and management of all card types in all formats