Hi all! We come to you today with our quarterly consumer lending wrap. Amidst a volatile macro backdrop, catch up on the latest trends we see emerging in the consumer lending space: fintech lender and bank performance, the effect of rate hikes on the MPL...

Happy Sunday, We hope you had an enjoyable long Thanksgiving weekend! Global economy slowing but may avoid recession. Investors put the brakes on home purchases. Demand for new credit cards increases. Student debt forgiveness faces legal setbacks. Despite challenging...

Happy Sunday, The producer price index showed slowing price increases vs. September. Consumers still spending. Credit card balances growing. Bank deposits shrinking. Brainard says pace of rate hikes could slow. Custodia case against Fed can proceed. White House makes...

Happy Sunday, Some investors are now betting rates hit 6%. October CPI rises less than expected. SBA slowly takes steps to expand 7(a). The Fed has been busy: financial stability report, master accounts, FedNow discounts, NBFI’s debt levels. FTX files for bankruptcy....

Happy Sunday, The Fed hiked another 75 bps. Job openings increased. FHA mortgages showing signs of stress. CFPB’s future may be in Supreme Court’s hands. Custodia’s lawsuit backs Fed into corner. OCC to establish Office of Financial Technology. JPMorgan Chase wants to...

Hello everyone! We come to you today with a special edition of the newsletter, covering how consumers are using financial products to manage short-term cash flow challenges. This is an evolving space, where boundaries and product definitions are not set in stone....

Happy Sunday! Markets calmer on hopes of slower rate hikes. But the mortgage market outlook remains gloomy. Group travel startup raises $27Mn. Cross River partners to issue cards on American Express’ network. Marqeta ramps up BaaS focus. Amazon testing accepting...

Happy Sunday! Housing market slows on rate hikes. OppFi’s “true lender” setback. FDIC hikes deposit assessment. SBA will expand fintechs’ access to 7(a) lending program. More regulatory scrutiny for Visa and Mastercard. Mastercard’s crypto bridge. Investors eye...

Happy Sunday, The global economic picture remains gloomy. Inflation remains elevated. Fed officials expect rates could reach at least 4.5% over time. The OCC wants more data on banks’ crypto activities. “Durbin 2.0” bill down but not out. Kids’ debit card startup Step...

Happy Sunday! Job openings dipped in August but remain elevated. The WTO is warning of a global slowdown. The U.N. wants the Fed to pause rate hikes. The Fed finalized a debit card routing rule. BNPL is bracing for what’s next. A ‘crypto bank’ startup raises $18Mn....