|
JULY 8, 2025 |
|
Word of advice: True or false? Younger investors are more likely to seek investment information from friends or family than the general investor population. |
|
|
Was this email forwarded to you? Sign up here. | | | |
|
CREDIT CARDS |
|
|
|
Credit card delinquencies have sunk to their lowest levels in two years, within striking distance of pre-pandemic levels, per data from VantageScore’s Credit Gauge. |
-
Only 0.64% of current outstanding balances are 30-59 days delinquent, near January 2020’s 0.62% delinquency rate.
-
60+ and 90+ day delinquencies remain elevated compared to pre-pandemic rates but are also trending down. |
|
However, there are some threats on the horizon. |
|
|
|
| | | |
|
DIGITAL PAYMENTS |
|
|
|
Sezzle debuted a suite of payment and deal-hunting features, per a press release. |
|
These new tools include: |
-
Sezzle Balance, a pre-loadable digital wallet that streamlines consumers' installment payments
-
A new browser extension that alerts Sezzle users about Sezzle Spend rewards opportunities and coupons
-
A revamped payment experience, Sezzle Checkout, which reduces friction for users and increases completed purchases for merchants.
-
And a products tab with built-in price-comparison tools and a wishlist tab within the app |
|
|
|
| | | |
|
CRYPTOCURRENCY |
|
|
|
Stablecoin issuer Circle has applied for a US trust bank license, less than a month after its IPO launch, per Reuters. It has been planning the move since before the IPO. |
|
CEO Jeremy Allaire told Reuters that becoming a publicly traded company and then a national trust company is a continuation of Circle's commitment to the “highest standards of trust, transparency, governance, and compliance.” |
|
|
|
| | | |
|
PODCAST |
|
|
In today’s episode, we talk about how AI has changed finserv’s approach to advertising and which areas of bank marketing will be affected the most. Tune in on Apple Podcasts, Spotify, YouTube, or wherever you listen to podcasts. Follow us on Instagram. “Behind the Numbers” is made possible by Quad. |
|
|
|
| | | |
|
CHART OF THE WEEK |
|
|
|
Key stat: Over a third (35.7%) of Gen Z credit card holders say an increase in their credit limit is the biggest driver of credit card use for online purchases and bills, according to March 2025 data from i2c and PYMNTS Intelligence. | | | |
|
