PeerIQ by Cross River

Signup for our weekly fintech and consumer lending newsletter at link in bio! Follow here and on LinkedIn for regular updates

[Cole Gottlieb @Cole_Gottlieb]

Special announcement: we are rebranding the @PeerIQAnalytics newsletter as Cross River IQ. In the coming weeks, you will see updates to our branding (don’t worry, the content will remain the same!). Please make sure to whitelist [email protected]

[Cole Gottlieb @Cole_Gottlieb]

Just released my Q1 Consumer Lending Review. Check out the full report here: https://t.co/oAJqM0ccwx

[Kiah Lau Haslett is a bank reporter (she/her) @khaslett]

I know banks aren't having a great time on the funding side, but relative to wholesale funding, having a bank charter is a superpower. (H/T to @Cole_Gottlieb's PeerIQ newsletter)

[Cross River Bank @crossriverbank]

Our new Investment Banking division doubles down on our commitment to serving the #fintech community, assisting clients in achieving their strategic goals and advising on their most critical decisions. Read more here: https://t.co/wInTuzReIL #InvestmentBanking

[Cross River Bank @crossriverbank]

Don’t miss out on our conversation with @Current next week ! We’ll be diving into inclusive credit, our partnership and more. Register today: https://t.co/GmEtRLd4xd #FinancialInclusion

[Cole Gottlieb @Cole_Gottlieb]

Per @CFPB report — APR margins up 4.7 percentage points past 10 years

[Cross River Bank @crossriverbank]

The future of open banking & embedded finance has immense potential. More from our conversation with @Trustly : https://t.co/umNXWyl8Wa
#OpenBanking

[Cole Gottlieb @Cole_Gottlieb]

MPL cumulative new issue volume from @Finsight
-- 2023 cumulative new issue volume down (19.6)% form 2022 cumulative new issue volume
-- 2024 January (and February - not shown) cumulative new issue volume above 2023 levels

[Cross River Bank @crossriverbank]

Our Chief Lending Officer, Shimon Eisikowicz, explores the impact of a client-centric strategy and how unwavering commitment leads to success. Read more here: https://t.co/7VUCYURPZC

[Cole Gottlieb @Cole_Gottlieb]

MPL new issue volume from @Finsight data
--4Q23 new issue volume of $3,022Mn was (17.5)% lower on a YoY basis and (42.9)% lower on a QoQ basis
--Halfway thru Q1, new issue volume of $2,658Mn is on track to eclipse 1Q23's $2,937Mn new issue volume

[Cole Gottlieb @Cole_Gottlieb]

TransUnion December Consumer Credit Data is out. My breakdown here: https://t.co/vX8uoaLyhQ

[PeerIQ by Cross River @PeerIQAnalytics]

Catch up on this week's newsletter, sent out yesterday. https://t.co/ExzsVVUa7m

[PeerIQ by Cross River @PeerIQAnalytics]

@crossriverbank Lots of great data in the report

[Cross River Bank @crossriverbank]

Q3 consumer lending trends are out - check out our takeaways from company earnings, MPL new issue volume, loan trends and more:
https://t.co/XTs9cIOzNM

[Cole Gottlieb @Cole_Gottlieb]

Just released my Q3 Consumer Lending Review covering consumer macro trends, fintech/consumer lender earnings, and MPL new issue volume. Check it out here: https://t.co/TFo1gTjZL0

[Cole Gottlieb @Cole_Gottlieb]

Just dropped my Q2 Consumer Lending Review covering the latest in fintech lending, consumer credit and MPL new issue volumes. Check it out here: https://t.co/DOupLbuu7s

[Cole Gottlieb @Cole_Gottlieb]

Just released my Q1 Consumer Lending Wrap covering unsecured originations, fintech lenders, MPL ABS markets + more --> https://t.co/o0iHZnxvxf

[Cole Gottlieb @Cole_Gottlieb]

Signs of stress are beginning to emerge in household balance sheets. NY Fed data showed credit card balances didn't see seasonal decline, and jumped 17% YoY. At the same time, auto + credit card DQs are trending upwards (at/near pre-pandemic levels).

[Cole Gottlieb @Cole_Gottlieb]

Missed Chopra's speech at the Fintech Nexus conference yesterday? Catch up here (key quotes/hightlights + grainy af photo): https://t.co/t3ejzPqqDu

[Kiah Lau Haslett is a bank reporter (she/her) @khaslett]

.@Fiserv did an ACH funds flow analysis between October 2022 and May 2023 for #FXT23. Examining where the money is going can help banks create a fintech strategy to address competitive threats.