Instant gratification with Michele Tucci, André Marques, and Anit Antony

<p>Last week I had the pleasure of hosting a panel discussion at a virtual event hosted by some of my friends and ex-colleagues at TransUnion in the Philippines. The theme of the day’s talk was on how lenders can meet the ever-growing demand consumers have for instant gratification, and since that include talk of BNPL and alternative data scores among other topics that have been popular here, I decided to record and edit it into an episode.</p> <p>“So imagine I'm on a shopping site, I've added stuff to my cart, then I get a message that says if you have a certain card you'll get 10% cashback. But I don't have that card. I'd like to get that 10% cashback, after all, I've made a substantial purchase, right? But then it flashes at you and it says, ‘apply now’. So I click on that, go through the credit approval process in a few minutes, get back the card number, the CVV number, expiry date, and use that to complete the transaction get that 10% cashback. That’s instant gratification. And if I'm going for lunch today, can I get that card approved, the plastic embossed, and in my hand before I call my friends and take them out for lunch. That’s instant gratification”.</p> <p>I was joined by <a href='https://www.linkedin.com/in/micheletucci/'>Michele Tucci</a> of <a href='https://www.credolab.com'>CredoLab</a>, <a href='https://www.linkedin.com/in/andremarques/'>Andre Marques</a> of <a href='https://www.provenir.com'>Provenir</a>, and <a href='https://www.linkedin.com/in/aanit/'>Anit Antony</a> from <a href='https://www.transunion.hk/about-us/about-transunion'>TransUnion</a></p> <p>If you have any feedback, questions, or if you would like to participate in the show, please feel free to reach out to me at <a href='mailto:brendan@howtolendmoneytostrangers.show'>brendan@howtolendmoneytostrangers.show</a></p> <p>A full written transcript with timestamps can be found at <a href='https://www.howtolendmoneytostrangers.show/episodes/episode-07'>https://www.howtolendmoneytostrangers.show/episodes/episode-10</a></p>