FedNow to Come Next Summer What is FedNow FedNow is the instant payment service developed by the Federal Reserve for 10,000+ financial...

Canadian Real Estate Tanks Fast This Year. How much risk is in the overall mortgage portfolio? 👇 Here is a Rough view of the Big 5...

🇨🇦 Despite the recession risk, no need to panic. According to the reserve changes at the Big 5 Canadian banks. In Q3 F’22 (ending...

The remaining GE is breaking into three companies. It marks the end of an era, but the beginning of a new one. 𝐎𝐧𝐜𝐞 𝐀𝐜𝐭𝐢𝐯𝐞 𝐢𝐧...

*UPDATE*: Student loan pause extended again to 12/31. Up to $10K student loan/$20K Pell Grant will be canceled. 43M borrowers will...

Apple wants you to pay later, Amazon wants you to pay first. This big tech in e-commerce revives the old model of Layaway. How does...

With their sheer size, credit card has always been a target. Look at recent headlines: 👇 Affirm: Americans trust their ex more than...

July inflation is out … +7.6% Y/Y. Finally, it is moving in the right direction, but still outpacing wages. 🟨 July inflation down to...

In recent years, with the growing popularity of crypto, there is a new form of consumer lending emerging - Crypto Lending. What's crypto...

Even with some good US data points: July inflation drops to 8.5% July added 528K jobs The horizon is still cloudy with multiple risk...

Facing downward valuation in both public and private markets, how have Fintechs responded? Besides cost reduction via layoffs, there are...

Apple’s Breakout (from the existing financial system) project was first reported by Bloomberg back in March 2022. Since then, regulators,...

While open banking rule-making is progressing slowly in the US and Canada, the market continues to develop on its own throughout the...

Q2 saw the steepest interest rate hike. How is the US household credit doing? Here is the latest quarterly report from the Fed: 👇 US...

Recession with Full Employment? The macro trend underneath … US Q2 GDP Y/Y growth is -0.9%, according to BEA’s advance estimate today....

The Fed raised the interest rate by 75 bps today. This brings the cumulative rate increase this year to 225 bps. With full employment,...

Despite the valuation dive of fintech companies, financial technologies are staying an integral part of the ecosystem. Both government...

🚩 Risk Rising from Technology Efficiency BIS recently published a report to warn about the risk of growing dependencies on big techs -...

FICO/Experian BNPL Study (Continued) How would multiple BNPL loans impact a FICO score? Suna Hafizogullari, senior director, FICO Scores...

Actions don’t always match feelings. As confirmed by the credit card numbers in Q2 earning reports. Credit card purchases had a strong...