Wednesday, October 23, 2019
Philippine-based banking institution CIMB Bank Philippines teamed up with CredoLab with the aim to provide instant and more accessible credit scores for applicants. Under this, approved users may reportedly apply for personal loans reaching P1 million. According to The Manila...
UK retail bank Metro Bank PLC announced Wednesday, Oct 2, its chairman and co-founder Vernon Hill is set to exit from the company by the end of the year. The revelation follows “days after the bank was forced to...
San Francisco-based personal finance company, Credit Karma, is launching a new savings account, paying a high-yield interest of 2.03 percent. The company, which is known to provide changes in credit scores, is entering into the financial services market, comprising 7.4...
The Philippines’ Credit Information Corp. (CIC) has recently seen a rise in the number of financial institutions sending in their credit data, said Business World Online. As of September 20 this year, 1,715 banks and other institutions registered with...
US multinational investment bank Goldman Sachs reported troubles linked to its entry to consumer bank and the newest partnership with Apple Inc. The bank has entered consumer banking in 2016 as a rebranding move to expand its operations and generate...
American Express announced Monday, September 30, there will be massive updates coming to the Delta Skymiles Credit Card starting January 30, 2020. According to a report from Business Insider, three out of the four personal Delta credit cards will provide...
PayPal recently acquired 70% of shares from Guofubao Information Technology Co., Ltd. or GoPay. Paypal's acquisition of GoPay comes after the People’s Bank of China approved the payment’s platform entrance in the market. GoPay is an online payments provider based...
Australia’s Comprehensive Credit Reporting (CCR) is finally taking effect after 5 years of consideration. The credit score computation in Australia is expected to be massively affected by this new policy. The CCR is a thorough presentation of consumers’ credit history....
In a recent study conducted by The Ascent, it was found out the 2 out of 5 Gen Xers make purchases on cards that they cannot afford. As the interest racked up, Gen Xers are looking into huge debts they...
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...

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