Episode 26: The Implications of a ‘Higher for Longer’ Market

Paul Siegfried who leads the card and banking business at TransUnion returns to Extra Credit for the third time to discuss what’s ahead for card issuers and consumers in 2024. Paul cautiously forecasts how rates, delinquencies and charge-offs might look by the end of the year; Craig asks what the market can expect to see in terms of unemployment and wage growth; and Josh wants to know how priorities and agendas are looking when broken out by segment. Plus, Josh digs into whether fraud has really evolved (or does it just feel different in this economy?); Craig shares a scheme fraudsters recently tried (and failed) to pull on him; and Paul offers advice to issuers struggling to feel confident in today’s environment. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.