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Consumer Credit Update for 2Q 2023

South State Correspondent

Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively. This data is consistent across regions. We should see a slight increase in production in 2025 and 2026 driven by lower rates. Capital rotation is to HELOCs and away from autos. Unsecured personal loan usage is up 21%.

Trends 195
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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

The e-commerce giants are capitalizing on three important trends: Global financial systems are going digital and mobile. India is the region with the highest growth potential, and this is why both Amazon and Alibaba see it as critical to their long-term strategy. Today, the marketplace accepts credit cards issued in India.