Tag: Consumer Credit

Capital and Risk, Credit

ABA Credit Conditions Index: Business and Consumer Credit Markets to Experience Sustained Rebound

June 11, 2021

Via: American Bankers Association

The chief economists of North America’s largest banks expect a sustained rebound in both consumer and business credit market conditions over the next six months, according to the American Bankers Association’s latest Credit Conditions Index released today. The latest summary […]

Capital and Risk, Credit

ABA Report: Consumer Credit Recovery Continued in Fourth Quarter of 2020

May 13, 2021

Via: American Bankers Association

The consumer credit recovery continued in the fourth quarter of 2020, building off trends established last fall, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. Monthly purchase volumes improved across risk groups for the second consecutive […]


Fed strikes balance between openness, caution toward nonbanks

May 6, 2021

Via: Banking Dive

The Federal Reserve has shown twice this week that it is open to applying its regulatory framework beyond the tidy little box where banks reside. First, in comments to a fair-lending advocacy group Monday, Fed Chair Jerome Powell said the […]

Capital and Risk, Channels, Credit

Google Expands Pay App With Bank Accounts and Debit Card

November 18, 2020

Via: TheStreet

Alphabet’s Google (GOOGL) – Get Report said it expanded its Google Pay app to enable users to open back accounts, pay friends and manage budgets. The updated application debuted Wednesday. Alphabet partnered with Citi (C) – Get Report and Stanford […]

Capital and Risk, Credit, Retail Banking

Access to consumer credit grows amid concerns

February 27, 2017

Via: Banking Exchange

The consumer credit market performed well in Q4 2016, according to TransUnion’s latest quarterly Industry Insights. A sampling of the trend: The number of consumers with access to credit products increased by 12 million, and balances rose across all products. […]

Capital and Risk, Credit

Can address stability predict credit risk?

December 12, 2016

Via: Banking Exchange

Moving residences is an inevitable life event. Everyone does it sooner or later, some more than others. The move can be exciting news: relocating for a new job, buying a first home, retiring to a warmer climate. It can be […]

Capital and Risk, Credit, Retail Banking

Upshifting on auto lending

November 18, 2016

Via: Banking Exchange

Lenders of all stripes are working on increasing auto loans despite rising concerns about credit quality. LendingClub Corp. and BofI Holding Inc. announced plans to enter the space, and some of the nation’s largest banks have made moves to increase […]