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

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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Data Architecture: 10 Reasons Why It Should Be In Your Strategic Plan

South State Correspondent

In 1983, Commodore International, with its Commodore 64 commuter, was the largest personal computer manufacturer in the market controlling over 50% of sales. There were several critical strategy errors in Commodore’s history, most of them stemming from management not caring and taking the time to collect and analyze data.

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US Bankcards Industry Benchmarking Trends: 2022 Q3 Update

FICO

Reflecting on the ever-changing market over the past year, many key indicators in the macro economy vary. Bureau of Economic Analysis showed the market economy grew at an annual pace of 2.6% How will this impact credit scores and the credit card industry? Inflation takes hold, bankcards delinquencies surpass pre-pandemic levels.

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US Bankcard Industry Benchmarking Trends: 2022 Q2 Update

FICO

The following credit card performance figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution. The data sample comes from FICO client reports generated by FICO® TRIAD® Customer Manager and Adaptive Control System solutions. Credit Card Usage & Payments.

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US Bankcards Industry Benchmarking Trends: 2022 Q4 Update

FICO

The two main differences this year vs. 2022 are that the housing market has slowed down dramatically (sales are down 35.4% Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards. according to the Federal Reserve forecasts. 19 report on Consumer Credit).

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US Bankcard Industry Benchmarking Trends: 2022 Q1 Update

FICO

Looking for a different market? The following credit card performance figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution. The data sample comes from FICO client reports generated by FICO® TRIAD® Customer Manager and Adaptive Control System solutions.

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How Retailers Drive Innovation With Subscriptions (And Payments)

PYMNTS

They can pay for their subscriptions by PayPal, debit card or credit card. As of May, the company provided approximately 28 destinations based on its subscriber markets. Wanderift focuses on subscribers in cities such as Austin, Denver, Atlanta and Las Vegas. The company accepts credit and debit cards for payments.