Thursday, November 21, 2019
After the roundtable discussion held last November 5, 2019, with older adults and disability rights advocates in New York, United States senator Kirsten Gillibrand unveiled the law called Credit for Caring Act. The new bipartisan proposal aims to provide...
Department store chain Macy’s revealed that its system has been hacked for the second time in two years. The breach occurred from October 7 to 15, exposing customers’ credit card information for a week, reported TechCrunch. The cybercriminals exploited a...
New York City (NYC) is currently working with private organizations to give women access to funds needed to start a business, Crain's New York reported. The WE Fund Credit seeks to provide credit lines to women entrepreneurs. Borrowers can...
DBS and OCBC customers who do not have credit cards will be able to send money, receive funds, and pay merchants via Google Pay starting early next year. This follows the integration of Google Pay with the funds transfer...
The consumer revolving debt in credit card balances fell $1.1 billion in September, while overall consumer debt rose, according to the Federal G.’s 19 consumer credit report. On an annual basis, the credit card balances dipped for 1.2 percent, accounting...
The Apple Credit card, the joint venture by Apple Inc. and Goldman Sachs Group Inc., faces probes initiated by a United States-based regulator following sex discrimination allegations. The newly launched credit card and its respective companies come under fire...
Credit card startup company Deserve successfully raised $50 million in Series C funding for its platform. Goldman Sachs headed the latest funding round for the firm. Apart from Goldman Sachs, other notable financial institutions and companies participated in the round....
China’s move to build a corporate social credit system has earned the concern of businesses from the United States and Europe. Set to be implemented in 2020, the crediting system is expected to create obstacles and “force” foreign businesses...
Banks are reportedly tightening their credit card loan standards due to economic concerns, according to a survey by the Federal Reserve. Standards have increased, like a minimum FICO score of 620 for credit card and auto-loan applications. The third quarter...
Months after a full roll-out of the Apple Card in August, Goldman Sachs revealed it has extended a total of $10 billion in credit lines to Apple Card customers in just over a month. In its recent regulatory filing, the...

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