The United Kingdom’s Department of Work and Pensions (DWP) will use 100 “welfare robots” in a move to improve claims processing for Universal Credit (UC). While the artificial intelligence development is still underway, the DWP has finished 16 bots...
The Federal Reserve recently revealed that credit card use spiked last October. The Federal News Network reported that this is the biggest increase in lending for three months.
According to the Fed, the seasonally adjusted credit card usage in October...
Credit card issuer Discover reveals that despite available defer payment options, credit card customers are paying their balances.
According to the company, defer payments massively dropped by 90 percent, from April until early June, indicating ease in payment distress....
Coles provides Australian customers credit cards at no extra fee. Through the Coles No Annual Fee Mastercard, users can gain 1 point for every $2 spent on their credit card.
Coles is known for offering credit cards that give cardholders...
American multi-tech company Google plans to dig deeper into the financial sector with a checking account to be launched in 2020.
According to reports, the company will be partnering with Citigroup and a credit union at Stanford University for...
As more and more Americans are hit by the growing pandemic, a number of credit card issuers in the country have taken steps to provide cardholders with debt and credit relief efforts. These actions reportedly come as numerous Americans...
Utah-based Smith’s Food & Drug Stores chain has overturned its previous payment policy after it announced Wednesday, Oct 30, it will now be accepting Visa credit cards in its stores again.
In a banner that appeared on Smith’s website Wednesday,...
For a limited time, Australians can now simplify their repayments and save huge on interest by getting a credit card that facilitates balance transfers.
Westpac recently announced the launching of its Low Rate Card — a credit card that gives...
Supermarket chain Giant Food warned customers on Tuesday of a possible credit data breach following the discovery of an illegal card-reading device in one of its stores in D.C.
In a letter sent to customers, the grocery chain noted that...
Customers of India-based e-commerce payment system Paytm are now required to pay a fee of two percent if they load more than Rs 10,000 a month via credit card effective Jan 1, 2020.
According to the company, the decision of...
