Modest net percentages of banks tightened terms and standards for business loans in the previous quarter, with standards for the most part remaining unchanged, according to the Federal Reserve’s latest senior loan officer opinion survey released today.
Credit card use picked up in the third quarter of 2018, according to ABA’s latest Credit Card Market Monitor released today.
Noncash payments in the U.S. continued to see strong growth in the period between 2016 and 2017, according to an annual supplement to the Federal Reserve’s triennial payments study released today.
Podcast Interview with John Hanley
To enable banks to issue credit cards with their own logo to commercial and retail customers, ABA has endorsed a new agent credit card program offered by ServisFirst Bank.
In the previous quarter, banks eased terms and standards for business loans, while tightening slightly on commercial real estate loans and easing in most residential mortgage loan categories, according to the Federal Reserve’s latest senior loan officer opinion survey released today.
Credit card use picked up in the second quarter of 2018, according ABA’s latest Credit Card Market Monitor released today. Monthly purchase volumes for super-prime accounts increased 9.2 percent year-on-year, while prime accounts rose 6.6 percent, both record highs. Subprime accounts saw slower year-on-year growth at 3 percent. The total number of new accounts (opened
Payment fraud remains rare, representing small fractions of 1 percent of the total number and the total value of payments, according to the Federal Reserve Payments Study released today.
Bank card delinquencies fell in the second quarter of 2018 after creeping up in the previous quarter, according to ABA’s Consumer Credit Delinquency Bulletin released today.