IF a severe recession hits, how would the US banks fare? Based on the stress testing of the 23 large US banks, they have enough capital...

The Fed has handed out 10 rate hikes, with a possible 11th next month. What are the effects of the fastest rate hikes, so far? [US Macro...

The Economist recently published a piece to highlight the resilience of credit cards in developed economies. In the US, the credit card...

CFPB reported the bank overdraft/NSF revenue down 48% in Q4 ‘22 vs. pre-pandemic in Q4 ‘19. That is about $5.5B in savings on an annual...

🇨🇦 CMHC recently highlighted the growing household debt vs. GDP in Canada. 75% of the debt are mortgages. Different from the 30-year...

A Quick Trip in Omaha. It has been 6 years since the last time I visited Omaha. The midwestern city has grown with new developments....

🇦🇺 Australia chose option 2 for BNPL regulation. As I was finalizing the presentation slides of BNPL, the news came in from the Down...

Back to Des Moines, Iowa today. It is the same quiet and calm place. Had dinner with fellow speakers and organizers for tomorrow's SAS...

🎶 Do you know the Coffin Dance? The meme music somehow showed up in my conversation with Brendan Le Grange on his podcast. The...

The top 4 banks saw their collected mortgage origination down ~80% in Q1 vs. the average in the last 3 years. 📍 Fast interest rate hikes...

The top 4 US banks had another solid quarter with credit cards. This is the advantage of the diversified business model at full-service...

After the regional bank crisis in March, How is consumer deposit changing at the largest US banks? In Q1, the largest 4 US banks saw...

The 3 major credit bureaus removed the medical collections records under $500 on April 11th, 2023. This is one of the actions in response...

20 years ago, I was in a meeting to discuss the possible expansion of a private label credit card with a grocery store partner. One...

All appear in the 1st chapter “Making Life More Affordable and Supporting the Middle Class”, a clear indication of the policy priority....

💳 A personal finance writer reached out with the following question for her audience: “Are there any benefits to making multiple credit...

Stay calm. The message from the SVB CEO was not enough. It took a series of actions from the US president, the Treasury, multiple...

The 3-year Pandemic Journey - 🇺🇸 US Interest Rate Yesterday the Fed continued the rate hike for the 9th time - with 25 bps. Here is a...

The 3-year Pandemic Journey 🇺🇸 US Inflation To understand how we got here, it helps to look back. 🟢 May 2020: 0.2% The pandemic...

BNPL - Latest Regulatory Actions 🇺🇸 Another Report from CFPB CFPB released its analysis of BNPL customers’ credit profile, based on a...