The Credit Card Data Book Part Two: Internal Dynamics
- Date:February 08, 2023
- Author(s):
- Ben Danner
- Report Details: 18 pages, 11 graphics
- Research Topic(s):
- Credit
- PAID CONTENT
Overview
This report is the second part of a two-part annual series called the Credit Card Databook. The report explores profitability, credit risk, and portfolio dynamics to understand the market for issuers and the challenges they may face in 2023. The goal is to provide recommendations to help financial organizations strategize for the current and upcoming credit card market in the United States. Unfavorable economic conditions loom, and issuers must prepare themselves to weather the storm.
Key Questions discussed in this report:
- How have credit card portfolios performed over the past year?
- What will the conditions be for the credit card market in 2023?
- What strategies should issuers follow to prepare for a potential economic downturn in 2023?
Companies mentioned:
Board of Governors of the Federal Reserve System New York Fed, Philadelphia Fed, St. Louis Fed, FDIC, Equifax, Transunion, Mastercard, Visa, FICO, Goldman Sachs, JP Morgan Chase, U.S. Bureau of Labor Statistics, World BankInterested In This Report
Related content
The State of the U.S. Credit Card Industry
Overall, the U.S. credit card industry is on sound footing, although downstream economic issues could threaten to disrupt the norm, particularly at the lower end of the market, whe...
Understanding Credit Card Rewards: A Successful Model Under Threat
Credit card rewards programs are expensive and intricate for issuers to maintain, but they are also enormously popular with cardholders and a significant driver of customer acquisi...
A Mid-Year View of U.S. Credit Cards
Changes are coming to the consumer credit card market, which will force issuers to try to get ahead of them. This Javelin Strategy & Research report looks at key market indicators ...
Make informed decisions in a digital financial world