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

Even it competes with its own credit card. An ACH payment based on open banking Reduces risk of stored banking account info. Chase sees...

Big 5 banks’ Q4 earnings reports are out. Here is an update of the mortgage book. 👇 It is a very Rough estimate, as each bank reports...

The world is disintegrating. Then reintegrating. 📌 RBC announced the acquisition of HSBC Canada for $13.5B CAD. Several international...

Canadians heard the mortgage trigger rate a lot. How many mortgages have reached that? The answer from the Bank of Canada 👇 Out of a...

📉 The macro environment is challenging Not only for fintechs, but also for banks What can banks do now? McKinsey & Company studied 600...

Wells Fargo is the latest major bank offering small dollar loans. The loans are for $250 or $500 with a flat fee of $12 or $20. The other...

⛑️ In the challenging environment BCG throws out a lifeline for Fintechs 👉 Pricing Optimization Pricing is an important tool to keep up...

🎤 If you don’t have $5K + 4 days for the Money 20/20 conference, you can always come to LinkedIn. Several content creators are kind...

This hasn’t happened in years. I actually got multiple line increases in the last 3 years. Is it a sign of a change in overall consumer...

Lately, the CEO succession at Scotiabank grabbed the media attention. The result was controversial as the one-time interviewer eventually...

Top 4 US banks had another strong quarter with credit card purchases, which pulled the credit balance finally back to the level 3 years...

Even with the upcoming recession becoming more certain, it is probably a mild one - according to big banks’ reserve change in Q3. The...

Goldman Sachs’ restructuring surfaced this week. 🟧 Marcus moved closer to its origination - Asset/Wealth Management. This is a brand...

Who Am I❓ A question everyone must ask. A question every bank must ask as well. Here is Goldman Sachs’ journey to explore a new identity...

Despite the layoff headlines, # jobs in finance and insurance largely held steady in September. 🟦 BLS reported a decrease of 13K jobs in...

Financial Times revealed the internal dynamics at JPMorgan Chase - around its pay-by-bank project. Interesting to see fast payment and...

95% of neobanks are losing money. What are the profitable ones doing differently? 👇 Penny Crosman at American Banker analyzed 3...

How big is the opportunity? Bain recently provided an estimate. From 2021 to 2026, the revenue growth opportunity in the US: $29 billion....

It is no coincidence that several connections reached out in the last few weeks to ask about embedded finance and Banking-as-a-Service...