Financial Industry Veteran with CFPB Experience Brings Strategic
Perspective in Rapidly Changing Market
The Alternative Credit Bureau, announces the addition of industry
veteran Marla Blow to its Board of Directors. She will lend her
expertise to the organization’s Audit and Risk Committee.
Blow is founder and CEO of FS Card Inc., a Washington D.C.-based credit
card venture designed to offer underserved borrowers flexible,
convenient and reasonably priced mainstream credit card products. Blow
previously served as Assistant Director at the Consumer Financial
Protection Bureau (CFPB) where she was responsible for policy related to
the credit card, prepaid card and payments industries. During her tenure
at CFPB, Blow served as a lead author of the federal government’s most
comprehensive analysis of the consumer credit card market to date.
Blow’s experience also includes seven years at Capital One, including
senior roles in risk management, marketing, finance and business
development. Blow is a Henry Crown Fellow at the Aspen Institute in 2015
and is a member of the Aspen Global Leadership Network. She holds an MBA
from Stanford University Graduate School of Business, and a BS from The
Wharton School at the University of Pennsylvania.
“We are delighted that Marla has joined our team. Her private sector
experience and industry acumen, coupled with her CFPB tenure, will prove
to be a huge asset to FactorTrust as we continue to grow, expand our
offerings and strategically navigate the changing landscape of our
industry,” says Greg Rable, FactorTrust CEO.
“I’ve been impressed with FactorTrust’s commitment to creating solutions
for the underserved market. The alternative lending market is more
relevant today than perhaps ever before. It’s critically important to
offer options to consumers who have shown the ability to be financially
resilient in tough times. FactorTrust’s unique credit data and
predictive analytics give deserving consumers more options, ultimately
empowering millions of Americans and getting them the credit that they
deserve and need. I am proud and excited to join their team,” says Blow.
FactorTrust, The Alternative Credit Bureau, helps lenders manage the
credit lifecycle of underbanked consumers using unique alternative
credit information not available from the Big Three bureaus, enabling
them to offer non-prime consumers the credit they deserve. Nearly 100
million U.S. adults have non-prime scores. Leveraging the company’s
credit information, lenders can more accurately predict future borrowing
behavior, credit performance and risk scoring for this growing segment.
Headquartered in Atlanta, the experienced FactorTrust team of predictive
analytics specialists, statisticians and financial industry experts has
delivered unique data and valuable insight to lenders throughout the
U.S. for nearly 10 years. For more information on the quarterly
FactorTrust Underbanked Index or the company itself, visit www.FactorTrust.com.
Trevelino/Keller Communications Group
Savannah Weeks, 404-214-0722