Credit Card Debt in the U.S.

Credit cards have become indispensable tools for millions of consumers. In this episode of Truth in Data, we look at the level of credit card debt in the U.S.

The worst year for banks since 2008 - FT Film

The banking sector survived two big shocks in 2023: the collapse of Silicon Valley Bank and the disaster-driven sale of Credit Suisse. Swift action prevented a global economic crisis but threats remain 

Implementing NFC payment systems in developing countries. Part 5

Check out my latest post "Implementing NFC payment systems in developing countries. Part 5 - Why NFC payment systems are beneficial for developing countries"

Free access HERE

 

Unraveling the Mystery: Bitcoin's Meteoric Rise and the Cryptocurrency Problem

Read my new article on Substack on the complex landscape of bitcoin's surge and the unresolved mysteries of cryptocurrency - is it an asset, gambling or a scam?

Free access HERE

Stanley’s Musings - Fintech, Banking & Payments News #2

Thoughts on fintech, banking, payments, risk management, AI, going green, economics, business and much more…

The latest edition is now available - HERE 

SET Training is a member of the Citadel Advantage Group

SET Training (Stanley Epstein Training) is member of the Citadel Advantage Group. 

Check this space for my regular weekly news posts on "Stanley's Musings" - click HERE for instant access. 

Current news on Banking, Fintech, Blockchain, Crypto, Financial Services and Technology issues as well as Training Courses may now be found on Stanley Epstein Training - Banking and Fintech News

Death of the NFT

There is some bad news for NFT fans. The digital collectibles are pretty much worthless now.

Using data from NFT Scan, the crypto platform dappGambl found that 95% of the 73,257 non-fungible token collections (e.g., Bored Ape Yacht Club) it analyzed are worth 0 ether. In other words, if NFTs were physical objects, it’d be time to put them on the same garage shelf where your Beanie Babies went to die. The report estimates that 23 million people are now the owners of worthless digital files. The crash is mainly for one reason: There just isn’t enough demand to keep up with supply.

(Culled from the MORNING BREW)