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

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

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

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...

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...

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

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...

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...

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...

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...

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

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

🏠 As the interest rate starts to rise Housing and mortgage markets begin to cool down US: March existing home sales volume Y/Y -4.5%...