🏠 As the interest rate starts to rise Housing and mortgage markets begin to cool down US: March existing home sales volume Y/Y -4.5%...

As pandemic phenomena retreat in the public market, What will the future of financial services look like? Here are the views from 2...

The Fed reported a $42 billion growth in consumer borrowing in Feb 2022. Consumers seem to pay down balances more slowly. This could be...

Responsible innovation. Risk management. Yellen shared her latest view on cryptocurrency last week. Both crypto enthusiasts and critics...

Selling an old car? Get paid before it leaves your driveway. A new use case of Real-Time Payment for US consumers. Lithia Motors, an...

Payday Loan’s No-cost Payment Plan - Few Used Even though the volume dropped 65% Y/Y in 2020 CFPB continues to focus on payday loan’s...

Globalization is reversing gears Banks stop to be everything everywhere Now we see the rise of super-regional banks What if one of the...

Apple has a new venture called “Breakout” Aiming to launch its own payment processing infrastructure Other targeted in-house tasks...

CFPB published a comprehensive report on credit card late fees on March 29, 2022. In 2020, a total of $12 billion in late fees were...

A recent NY Times article on the Zelle fraud issue highlights the challenge of fast payment and evolving scam tactics. However, the...

Three major credit bureaus announced the following on 3/18: Remove paid medical collection debt beginning from July 1, 2022; Increase the...

This CBC report explains how US $ became the dominant world money. And its prospect gave the latest financial war vs. Russia. 👇 There is...

NAR’s latest study on housing wealth effect in 2010-2020: Housing prices increased on average 8.3% in the last 10 years, Almost doubles...

3 highlights from NY Fed’s latest consumer credit analysis by income: 👉 The lower-income group holds comparable auto loans and student...

Most US banks cap the daily # of overdraft/NSF fees to 3. Even though some could charge up to 8. The trend is to move down to 0. Source:...

🏡 Sales momentum began to slow US: Jan sales volume of existing home -2.3% Y/Y. Canada: Jan sales volume -10.7% Y/Y. Some buyers have...

Key stats in CFPB’s comprehensive report: 👇 - A total of $88 billion medical collections. - Even though it drops slightly in recent 3...

🇨🇦 PBO's House Price Assessment based on Borrowing Capacity Source: House Price Assessment: A Borrowing Capacity Perspective

🏡 The Fed Exuberance Index for Canada comes down. This real estate index measures how far the price growth is from fundamentals. A...

Whitney Johnson points out that taking risks is important for a career. Three specific ideas are presented in this HBR piece: Create a...