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

With the banking crisis in March, How is US consumer credit doing? Here is the Q1 ‘23 Fed report: 👇 Quarterly debt growth slowed to...

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

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...

💳 With credit card balances surging back, lenders continue to jockey for positions in the competitive field. 🏇 📌 Wells Fargo launches...

2022 saw the fastest rate hike. How is US consumer credit doing? Here is the latest Fed report: 👇 US household debt up $394 billion in...

Last year, one of my credit cards received a 60% credit line decrease (CLD). It is understandable as issuers reduce exposure on long-term...

The details of card late fee rule-making are out. 👇 CFPB proposes an $8 cap, Within 25% of the required payment, No automatic annual...

Despite the gloomy headlines, US consumers are unfazed to pull out their cards. In the most recent financial quarter, 👉 Visa credit...

As many are surprised that Goldman Sachs lost $1B over its Apple card portfolio, some are not. Who are they? The new deal teams at the...

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

Q3 saw fast rate hikes and an uncertain future. How is the US household credit doing? Here is the latest Fed report: 👇 US household debt...

Q3 saw fast rate hikes and an uncertain future. How is the US household credit doing? Here is the latest Fed report: 👇 US household debt...

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...

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

Starting from Oct 6, Canadian merchants have the option to add credit card surcharges, with the typical exception in Quebec. How big is...

🇺🇸 Fed’s Unemployment Rate Forecast And its implication for consumer credit risk. 👇 When Fed hiked the rate by another 75 bps on 9/21,...

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