2Q2022 Bank Profits Post, Getting Ready for the Storm
As credit card issuers prepare for the perfect storm of rising interest rates and surging inflation, initial bank results indicate ...
Tag: CECL
Explore how the Current Expected Credit Loss (CECL) standard impacts financial institutions, improving risk management, loan loss forecasting, and financial stability in the payments and banking sectors.
CC Managers: Use Stress Metrics to Model Credit Losses through 2024
An outgrowth of Dodd-Frank, the Wall Street Reform and Consumer Protection Act, was that financial institutions with more than $250 ...
Extra, Extra, Credit Card Charge-Offs Hit a Historic Low!
We all have plenty to be thankful for, but for credit card managers this is one for the books. This ...
Credit Unions and Credit Cards: Plenty of Room to Grow
The U.S. Government Accountability Office (GAO) is often called the “congressional watchdog” because it oversees how the federal government operates ...
Credit Card Revenue: Hitting on All Cylinders
Third Quarter results are rolling in and credit card issuers delivered strong results. Happy Days are here again. At Bank ...
Happy Days are Here Again in Credit Cards at American Express
As the Associated Press reports, second-quarter results are in for many issuers, and life is grand at American Express. According ...
CECL versus IFRS9: It Looks like U.S. Regulators Got it Right for Credit Cards
Mercator Advisory Group thinks that the credit card industry benefited from the implementation of Current Expected Credit Losses (CECL), even ...
Credit Card Earnings: This Year, They Will Hurt
Credit card issuers brace for consumer default, as evidenced by earning reports released for the first quarter. In a reversal, ...
Credit Card Accounting and CECL: Top Bank Impacts Are In
The Current Expected Credit Loss (CECL) accounting standard is a new requirement for financial institutions. It will replace the incurred ...
Credit Card Risk: CECL is Coming, CECL is Coming
One of the most critical accounting changes in credit cards kicks off on January 1, 2020. That is less than ...
Must Reads
©2024 PaymentsJournal.com | Terms of Use | Privacy Policy
