Tag: CECL

As credit card issuers prepare for the perfect storm of rising interest rates and surging inflation, initial bank results indicate ...

An outgrowth of Dodd-Frank, the Wall Street Reform and Consumer Protection Act, was that financial institutions with more than $250 ...

We all have plenty to be thankful for, but for credit card managers this is one for the books. This ...

The U.S. Government Accountability Office (GAO) is often called the “congressional watchdog” because it oversees how the federal government operates ...

Third Quarter results are rolling in and credit card issuers delivered strong results. Happy Days are here again. At Bank ...

As the Associated Press reports, second-quarter results are in for many issuers, and life is grand at American Express. According ...

Mercator Advisory Group thinks that the credit card industry benefited from the implementation of Current Expected Credit Losses (CECL), even ...

Credit card issuers brace for consumer default, as evidenced by earning reports released for the first quarter.  In a reversal, ...

The Current Expected Credit Loss (CECL) accounting standard is a new requirement for financial institutions. It will replace the incurred ...

One of the most critical accounting changes in credit cards kicks off on January 1, 2020. That is less than ...