Good times return for issuers
Brian Shniderman
![Brian Shniderman]()
Brian Shniderman
Sr. Managing Director and Head of Accenture’s North American Payments Practice | former CEO, Managing Partner and Founder of 99FinTech, Retired Deloitte Sr. Partner and Payments Practice Founder/Leader
"In the third quarter of last year, banks that specialize in the credit-card business posted a pretax ROA of 4.50%, according to data from the Federal Deposit Insurance Corp. That compared to 1.49% for all FDIC-insured institutions" AB
MD at EY Financial Services Consulting / Product Innovator / Futurist / Tech & Data Advocate / Payments Geek / People Person
9yMaybe a double-edged sword - supports the argument that credit card companies charge to much on fees.....
Management Consultant | Cards, Payments & Fintech
9yCredit card good times are indeed back... receivables are growing and chargeoffs are at historical lows.