Interest Rate Effect on Mortgage The Q2 earnings reports provided a glimpse of the latest impact of the interest rate hike. Q2 ‘22...

The horizon is stormy, but no clear sign of the severity yet. That is the message from the big banks in this earning season. The largest...

The tech world is experiencing downsizing, but there are always opportunities elsewhere. 🟩 CFPB Looking For Technologists CFPB currently...

BNPL Regulation Update - Slowly, But Surely. The window of regulatory arbitrage is gradually closing in several markets. 🇦🇺 Australia...

With the possible imminent recession, how would the US banks fare? Based on the stress testing of the 34 largest US banks, they have...

Meta is shutting down its crypto wallet Novi on Sep. 1st. This shouldn’t be surprising after its crypto ambition evaporated. Here is a...

One major Canadian telecommunication company has had a massive outage across the country since this morning. It impacts a wide range of...

Interesting time. The fear of recession has never been greater, while the consumer loss rate is historically low. What is the status of...

The fear of recession quickly spreads in the last 3 months. Meanwhile, the consumer credit loss rate is still historically low. How to...

Politics and Finance Chat Earlier this month, Doug Ford won the re-election in Ontario, Canada. This is a win both politicians and...

Probably prompted by the fast-moving macro economy, a few connections recently asked me where to get credit card benchmarking metrics....

While tech companies have to scale back under the pressure in both public and private markets, traditional banks beef up their efforts to...

Grow Out of The Relationship Brex, a 5-year-old fintech specializing in corporate credit cards for startups, is parting ways with the key...

Given recent developments in crypto and financial markets, I want to share some random thoughts on this Father’s Day. 👉 It is natural...

US inflation reached a new 40-year high at 8.6% in May. How could the policymaker manage inflation differently? Why not look at the risk...

Even with rising recession risk, In the most recent financial quarter, Big 5 Canadian banks continued to release reserves. In Q2 F’22,...

Apple rolled out its own BNPL product - “Apple Pay Later”. It is a questionable move, given the timing and the strategic shift. 🚩...

As Professor G gave his quick take on BNPL, He mentioned credit card guardrails. What guardrails? Many wonders. There are 2 things that...

Even for those without any income loss, Market slides will lead to less consumer spending. This CBC piece explains the inverse "wealth...

As the stimulus benefit gradually recedes, consumer delinquency will continue to normalize/increase in 2022 - first with the subprime...