Last year, one of my credit cards received a 60% credit line decrease (CLD). It is understandable as issuers reduce exposure on long-term...

🚨 As if the growing mortgage payment is not enough, Canadian homeowners now have a new thing to worry about. Criminals are eyeing to...

This is a trend in the making in the last few years - now it caught American Banker’s attention. 🟦 Current State According to the latest...

The details of card late fee rule-making are out. 👇 CFPB proposes an $8 cap, Within 25% of the required payment, No automatic annual...

The host Rich Alterman did a great job: his questions within the hour led my mind to race down memory lane, reaching back to my...

Despite the gloomy headlines, US consumers are unfazed to pull out their cards. In the most recent financial quarter, 👉 Visa credit...

Do you know who is enabling payments behind the coin purchase or virtual gift redemption on TikTok? Here is an unthinkable answer to...

If you haven’t heard of Silvergate Bank, you are not alone. It is a bank in San Diego, California. I worked at San Diego for 5 years and...

The mortgage origination continued to collapse. The top 4 banks - JP Morgan Chase, Bank of America, Citi, and Wells Fargo - collected...

As many are surprised that Goldman Sachs lost $1B over its Apple card portfolio, some are not. Who are they? The new deal teams at the...

But it is not as bad as it sounds. The top 4 US banks accelerated their reserve building in Q4 ‘22: +$2.9B, or +4.4% Q/Q. This is the 3rd...

In the face of the rising risk in the mortgage market, the Canadian financial regulator OSFI is soliciting feedback on more restrictive...

The latest US inflation number is out. It is in the right downward direction but still high. Latest 12-month inflation readings: 🇺🇸 US...

Last week, Blue Ridge Bank named a new president for its fintech division. It makes perfect sense to bring in someone with direct BaaS...

Did you ask this question in the past few weeks, hoping that your colleague was still in the office? Or did you get asked about this...

This is for you - if you are thinking of regularly posting, or just curious. I started to post more often last year. ~160 posts: most...

The low-hanging fruits of tech adoption were picked. People went to cloud nine to look for exotic breeds, but the produce cannot be too...

1. Will the central bank succeed in taming high inflation with a soft landing? The ideal scenario for businesses and consumers: the...

With an AI conversation tool like chatGPT, Do humans still need to create content? I asked chatGPT the following 👇 “List 3 reasons why...

🇨🇦 Big 5 Banks wraps up fiscal year ‘22 With a meaningful allowance Increase. In Q4 (ending Oct), the collective reserves are up 5.9%...