Monday, July 4, 2022
Charity group Advice Ni warned Monday, Dec 16, about a flaw in the Universal Credit system that could impact North Ireland's claimants at Christmas. In a press release, the charity organization said employees who are paid early at Christmas are...
Wells Fargo customers in all parts of the United States are experiencing major outrage as ATMs, money transfers, online banking system and credit cards are all down due to systems issues this Feb. 8, 2019. Many customers are unable to...
The percentage of loan companies have forgone collecting, also called charge-off rate, is up 3.82% in the first quarter of 2019, signaling that bad loans are rising to its highest level in nearly seven years, a new report by...
According to the Federal Reserve, the revenues of credit card merchants grew by $104B alone for interest and other fees. Magnify Money shows that the figure has increased by almost 11 per cent from 2017’s $93.7B mark. The company even...
A 34-year-old clerk in Tokyo with photographic memory allegedly stole the credit card information of about 1,300 people, by memorizing their 16-digit credit card numbers, names, security codes, and expiry dates to use them for his personal online purchases. According...
Kotak Mahindra Bank is providing prospective cardholders with the chance to earn 3x the rewards points with their Urbane Gold Credit Card. Under this credit card, new users can get 2,000 bonus rewards points as part of the bank’s...
China’s $418 billion credit available for small businesses’ capital is not generating enough revenue as the country faces economic slowdown due to US-China trade war. The supposed revenue driver that will come from the credit flow of loans went south...
The Finance and Leasing Association (FLA) recently expressed its opinion in favor of revamping the Consumer Credit Act (CCA). Credit Strategy reported that the FLA released recommendations outlining proposed improvements to the 45-year-old law. According to the FLA, the incoming...
Myanmar launched its first modern credit bureau last Wednesday, December 30, 2020, with the help of Credit Bureau Asia (CBA). According to The Business Times, the regulator is a joint venture between MB Investment as well as NSP Asia...
The credit card division of the State Bank of India, SBI Cards and Payment Services, is slated to proceed with its initial public offering (IPO) on March 2, 2020, and plans to close on March 5, 2020. The IPO...

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