John Hecht

what do you think is changing in terms of competitive positioning as the industry

is the characteristic of what the private credit partners want in such a way that it changes

talk about kind of the interaction types are the characteristics of the transactions changing?

do the dynamics or characteristics of their typical transaction change as they kind of mature?

what I'm wondering is what have you learned so far when when it comes to customer interaction and kind of overall RevPAR per customer

How does that impact your thinking about kind of what balance sheet management, retention versus sale and so forth

are you leaning into any cohorts in that in that way or leaning away from

can you just give us, your perspective on kind of the cadence of seasonality and how it might affect NIM

could talk about your opinion on the influence that private credit is having on consumer finance at this point in time

the other expense line item had -- like a step function upward, obviously, first full quarter of Discover. But is there a way for us to think that -- is there a part of that, that's integration exp...

What's your opinion on the state of affairs of the U.S. consumer? Has that changed in the last quarter? And have you noticed anything different between your customer set and the Discover customer set

how do we think about the kind of puts and takes of the opportunities for synergies versus the desire to spend and invest in the brand

Where do we see that going this year as a standalone business? And then, Rich, do you have any comments of what the total portfolio might look like

give us an update on the competitive -- excuse me, the competitive environment and like customer acquisition costs

what channels are you getting these from? And are there any changing characteristics of the new members now

you guys gave some good consolidated guidance. Maybe can you break some of those details out at the segment level?

I'm wondering if you guys could talk about how the lower rate environment will affect the volume mix on the lending side?

I'm wondering if there's anything you could share about the cadence from the third and the fourth quarter

Where are customers coming from, and are there any kind of notable trends there?

any comments on how the Walmart, the latest Walmart program is ramping

maybe can you talk about characteristics of partners where you're seeing expansion versus maybe modest contraction?

what's the source of that? Are you seeing that across a variety of income levels?

what are the early looks at the '24 vintage and how that compares to maybe pre-pandemic?

Maybe can you just give us an update on health and wellness, what the kind of product categories are and where you're seeing the opportunities there?

is there any kind of early reads from some of the aspects of the '24 vintage that leads you to believe that it might

Maybe can you talk about just the mix of digital commerce versus in-store commerce