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US Bankcards Industry Benchmarking Trends: 2022 Q4 Update

FICO

Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. Inflation is easing as funding rates have risen to 15-year highs, but the technology sector is beginning to lay off employees in masses – through 2022 low levels of unemployment kept the U.S.

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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

What changes will 2022 bring? And as local economies continue to stabilize and many challenged industries bounce back, 2022 may be the year community bankers put the rubber to the road by revisiting goals and turning them into action items. What will drive profit in 2022? Janet Silveria, Community Bank of Santa Maria.

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Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update

FICO

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update. Tue, 06/07/2022 - 15:00. FICO® Advisors regularly monitor in-depth data reported by Canada’s leading credit card issuers. Canada continues to see credit cards as a popular choice for everyday purchases. in April 2022, the highest since January 1991.

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Compliance changes to watch in 2023

Independent Banker

Debit card interchange fees and routing. The Federal Reserve Board finalized updates to the board’s rule for debit card transactions. It becomes effective July 1, 2023, and requires debit card issuers to provide two unaffiliated payment networks enabled for card-not-present (CNP) transactions. Evolving risks.

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Fraud Ideas from FICO World 2022 – and Excitement for 2023!

FICO

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Wed, 08/03/2022 - 12:40. Criminals are making use of automation to industrialize their fraudulent attacks, including card fraud.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital. Develop a more innovative process.

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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

The National Association of Realtors reported that sales of previously owned homes declined 2.4% Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards.

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