The Federal Reserve’s most recent annual stress test — the Comprehensive Capital Analysis and Review — revealed that credit cards rank at the top of the risk list for banks’ potential losses. According to a Wall Street Journal report, the Fed’s hypothetical recession calculation has banks projecting...
VantageScore Solutions, the developer of the VantageScore credit scoring model, said Monday (Feb. 6) a recent Wall Street Journal story on the credit scoring industry “contained a number of faulty statements.” In a press release, the company argued that credit scores are used by lenders...
July 04, 2017
The speed of cryptocurrency is a lure in terms of getting transactions done. So is the security. The price, at least for Bitcoin? Not so much — not anymore. As The Wall Street Journal reports, while Bitcoin’s initial design may have been predicated on cheapness, the status quo has changed when it comes to transactions. In […]
June 26, 2017
The Federal Reserve’s most recent annual stress test — the Comprehensive Capital Analysis and Review — revealed that credit cards rank at the top of the risk list for banks’...
February 07, 2017
VantageScore Solutions, the developer of the VantageScore credit scoring model, said Monday (Feb. 6) a recent Wall Street Journal story on the credit scoring industry “contained a number of faulty...