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...
The credit market has been accumulating private credit funds which resulted in an improvement in the loans that companies are able to offer. Reuters said that the available credit funds for unitranche loans are now bigger. Unitranches are firms that...
State-owned Indonesian financial institution, Bank Mandiri, announced its partnership with Traveloka, the leading Southeast Asian travel firm, and platform. The partnership is slated to give birth to Traveloka’s second co-branded credit card within the country, named Traveloka Mandiri Card. Prior...
Despegar, the leading travel agency in Latin America, announced on Friday that its Brazilian subsidiary Decolar has officially rolled out a new credit card in partnership with Visa Inc. and Banco Santander. In a press release, the online travel company...
The new Federal Reserve data revealed that the credit card debt in America reached an all-time high of $930 billion, a massive increase of $46 billion from last year’s third quarter. The younger generation is ramping up credit card balances...
UAE state-owned airline Emirates partners with Barclays for a co-branded credit card that will be available for US consumers starting this year. As early as December last year, there are rumors circulating that the two companies will be collaborating...
Following a massive cable television and internet service outage over the weekend, Spectrum is slated to offer a credit refund for customers affected by the incident. The credit will reportedly be credited back to the respective customer accounts. According...
The Westpac Bank in New Zealand has agreed to pay a total of $3.7 million as compensation to over 19,000 customers affected by a credit card blunder.   In a press release, the bank and financial services provider admitted it has failed to provide its new credit...
A study by TransUnion Canada revealed that Gen Z is becoming more credit active and financially stable compared to Millennials. Cited by Yahoo! Finance, the research showed that the younger generation is more open to traditional milestones such as owning and using a credit...
As the competition thickens, a number of airlines are continuing to introduce new credit cards that offer competitive benefits and sign up bonus for cardholders. Airlines and their bank partners are stepping up their perks, with not just double or...

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