$42 billion TerraUSD/Luna collapse. Many unsophisticated investors got hurt. Why still not much regulation in the space? Here is a quick...

Your model is complicated, But you still need to explain it. That is the latest reminder from CFPB. ECOA mandates lenders to explain...

Given the rapidly shifting market lately, I couldn’t help thinking about the words I heard back in 2008, From the CRO of a large US...

Innovation is great, but Competition is the launch pad. That is the message from the regulator CFPB Who just renamed one of its key...

We barely come out of the pandemic, now facing the risk of recession? The search volume of the word “recession” has sharply shot up. 👇...

A WSJ report highlights the rising delinquencies of subprime loans. Some are wondering - have we learned anything from 2008? Actually,...

🏠 Market Update Canadian housing is such a hot topic now, Even Simu Liu had to take a jab at it in his Juno Award speech. 🇨🇦 After a...

As the interest rate, the rising cycle begins, How does that impact the credit card industry? This Financial Brand piece highlights...

💵 How much cash do you have in your wallet? And how much is outside your wallet? Here is the latest report from the Fed: 👉 Cash Use...

My last post on BNPL’s impact on FICO drew strong interest from the community. Why do the two recent studies show conflicting results? I...

The market continues to develop while regulatory rulemaking is slow. As reported by Reuters, the open banking rulemaking is held up due...

Lately in the competitive payment space, Payment companies begin to partner with BNPL providers. Here are the latest examples: Visa...

In the eventful Q1 2022, How is the US household credit doing? Here is the latest quarterly report from the Fed: US household debt up...

BNPL begins to show up on credit reports. What is the impact on the FICO score? FICO gives the latest analysis. 👇 Using Experian data...

The economic data is great, But the middle class is mad. Why? This Time article details the struggle of today’s middle class. And the...

Great Resignation actually is driven by the Great Midlife Crisis? More tenured, mid-aged professionals join the great reshuffle. This VOX...

Payment companies expanding financial capabilities, Jockey for positions in the quickly evolving financial arena. Here are the latest...

A dormant authority being activated by the regulator CFPB invokes the authority to examine non-bank companies. This move clearly targets...

As more attention is drawn to the virtual Metaverse, this GARP article shared possible opportunities for risk managers, from credit risk,...

In the most recent financial quarter, Visa credit cardholders shopped 22% more Y/Y; MasterCard credit cardholders shopped 19% more Y/Y....