Tuesday, January 21, 2025
Data analytics company, FICO announced that it is making big changes on its credit scoring system that would likely affect 110 million Americans starting this summer. The company said they are ‘concerned’ of what will happen to the economy in...
Palo Alto-based corporate travel support company has successfully raised $500 million to support its new venture called TripActions Liquid. TripActions Liquid secured its $500 million debt facility from Silicon Valley Bank, together with Goldman Sachs and Comerica Bank, reports...
Despite the continuing drop in the United States’ economy, Citigroup Inc. pushes for a zero percent interest rate for balance transfers. The New York-based card issuer offers up to 21 months of zero-interest for balance transfers. For a small fee,...
E-commerce company Flipkart partnered up with Axis Bank to develop and release its own credit card. The Times of India reports that the co-branded offer is powered by Mastercard. The card will be available to customers who are qualified...
Sterling Construction Company, Inc. has modified its current credit agreement with BMO Harris Bank, its lending group. It has revealed that numerous terms of the agreement are revised. Two of the terms include lowering the existing credit agreement borrowing interest...
Credit card skimmers reportedly used a skimming software that infected numerous e-commerce websites. Following this, around 1,700 credit cards issued by Singaporean banks were supposedly affected by skimmers. According to the Straits Times, the attack on individuals is one of...
Prospective clients of Bank of America will be glad to know that their Cash Rewards Credit Card allows them to earn a $150 bonus when they use their credit account. This bonus applies after the client purchases a minimum...
Point-of-sale (PoS) terminals made by Ingenico and Verifone, two of the world’s largest manufacturers, are said to contain security issues. According to Forbes, the vulnerabilities in the system makes credit cards data-stealing much more accessible and simpler to hackers. In...
Hawaii-based electric cooperative Kauai Island Utility Cooperative (KIUC) revealed this week it will begin issuing $2.5 million in 2018 patronage capital retirement bill credits to its cooperative members this June. Patronage capital, sometimes called margins, refers to the overall money...
Apple Credit Card is “the most successful credit card launch ever.”  Goldman Sachs chief executive officer David Solomon declared in a conference round held with investors last Tuesday, October 15, 2019. The conference call keyed in investors on updated...

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