Cross River Intelligence Archives

The Federal Reserve Bank of New York reports that household debt totaled $12.95 Tn last quarter - the 13th straight quarterly increase. As a share of GDP however, household debt stands at 66% below a peak of 87% in early 2009. Bloomberg’s Julie Verhage reports that the Cleveland Fed removed a white papercritical of marketplace lending a little over one week after publi ...

PeerIQ released the new Lending Earnings Insights report this past week. On a quarterly basis, following earnings announcements, we analyze lender performance and pore over earnings transcripts to identify changes in credit performance data.Reach out to PeerIQ research & analytics team if you’d like to learn more. PeerIQ Earnings Insights: This week featured seve ...

We are pleased to release our inaugural Lending Earnings Insights report. On a quarterly basis, following earnings announcements, we analyze lender performance with a focus on credit performance trends and forward-looking commentary. We analyze data across three main lender segments: (1) FinTechs & Non-Banks, (2) Large banks, and (3) Card Issuers. Below are some of the main themes th ...

We are pleased to preview the release of PeerIQ’s inaugural 3Q Public Lender Tracker for release this week. The tracker, a new release from PeerIQ’s research and analytics team, examines credit performance trends across publicly traded banks, FinTechs, and card issuers. We also deep-dive into the earnings of Lending Club and OnDeck. Stay tuned for a release this week and scro ...

On Thursday, President Trump announced his nomination of Jerome Powell to succeed Fed Chairwoman Janet Yellen as the next chairman of the central bank. While this is the first time in 40 years that a president has not asked the current Fed Chair to stay for another term, Powell's behavior as a Fed Governor and support for the current Chairwoman indicates he would stay the course set by Janet Yelle ...

Industry Veteran Will Lead Global Sales and Marketing, Major Partnerships, and New Market Entry New York, Nov. 03, 2017 (GLOBE NEWSWIRE) -- PeerIQ, a leading provider of data and analytics for the consumer lending sector, today announced the appointment of Kevin Walsh as Chief Commercial Officer.  Walsh will report to PeerIQ CEO, Ram Ahluwalia. In his position, Walsh will be responsible for ...