Current Expected Credit Losses: The Credit Card Industry is Lucky the Regulation was in Place
Mercator Advisory Group's early view on Current Expected Credit Loss (CECL) was that the Financial Accounting Standards Board (FASB) would ...
Tag: Credit Card Issuer
Four Major Consumer Objections Will Transform the Credit Card Landscape:
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left corner of your screen ...
Dismal Data: Credit Card Issuers Brace for Ugly Second Quarter 2020
The first thing to say about credit card profits is that they follow a cycle, just as the economy does. The ...
Credit Card Payment Deferments: Breathing Room or Delaying the Inevitable?
The big question about COVID-19 is “when will the economic mess end?” Credit card issuers and other lenders aggressively arranged ...
Credit Card Holders Pull Back as the Economy Tanks Under COVID-19
After spending more than enough time in risk management, one can have an informed view that credit card users care ...
Credit Card Payment Deferments and Holidays: Making The Working Process
Credit card issuers are receptive to helping consumers with a financial bridge during the COVID crisis. As you probably observed ...
Credit Cards: “Bracing for Impact”
Today’s WSJ summarized the condition of the global credit card industry in three simple words that concisely depict the state ...
American Express Quarterly Profits Plunge 76%: Analysts Again Underestimate the Severity of the Crisis
Time and again, the COVID-19 pandemic has outstripped the capacity of forecasters and analysts to react. Unemployment claims have consistently ...
Credit Cards and Installment Loans: Misery Might Like Company, But I Will Take a Plastic Any Day
Our December 2019 Viewpoint, titled “Credit Card Lenders: Hone Strategies and Do Not Let Fintechs Scare You,” discussed how credit ...
Canadian Credit Card ABS: Canary in the Coal Mine for the U.S.?
Asset-Backed Securitizations (ABS), a Wall Street function, provide a funding source for top credit card issuers. You can learn more ...
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