Saturday, December 14, 2019
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...
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,...
Japan records the highest retail sales since 2014, jumping 9.1 percent in September this year, according to data from the Ministry of Economy, Trade, and Industry. The increase has something to do with the growing demand for cars, household appliances,...
Ride-hailing company Uber announced last Monday, October 28, 2019, the relaunch of its credit card. Alongside its improved offerings and benefits, the company reportedly launched a new division to cater to its financial services department. For cardholders of the Barclays...
Video game firms in Alberta have expressed concern over the provincial government’s announcement that it will put an end to tax credits that help pay for employees’ salaries, said CBC. This came after the release of the province’s current...
The InterContinental Hotels Group announced the removal of free Kindle eBook downloads for cardholders, starting January 2020. According to the website, cardholders and members of the Elite status only has until Dec.31, 2019, to take advantage of the club reward...
KKR India. head B.V. Krishnan stepped down as the chief executive officer of the company. Krishnan’s resignation comes after the worsening conditions in the financial credit market. According to Bloomberg, Krishnan tendered his resignation via email after a decade of...

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