Wednesday, August 5, 2020
In a study released by cybersecurity company McAfee, findings show that around 56 percent of Indians fell prey to discount scams on the Internet. Individuals victimized by these scams reportedly lost a total of ₹15,000-20,000. McAfee released a survey titled,...
Unemployed 35-year-old Richard Williams was left with £7 from the Universal Credit system to tide him until January 2020. Williams blames the system’s “silly assessment period" over the struggles he is facing, especially during the holidays. Universal Credit is the financial...
The popular ride-hailing company, Lyft Inc., has announced its partnership with JP Morgan Chase & Co last Wednesday, January 8, 2020. Under the partnership, both companies will be offering exclusive ride-hailing rewards and discounts to users. According to Reuters, the...
The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, has announced an extended credit freeze for another three months following the rise of consumers struggling to pay their credit loans. The new deadline for credit and loan payments...
A commissioned research conducted by Money.com.au revealed that 19 percent of Australians incur massive credit card debt during the holiday. The study surveyed around 732 credit cardholders in Australia. People under 30 said they are most likely to rack up...
Innovative peer-to-peer lender Elfin Market is set to shake up the sector with plans to launch the industry’s first physical P2P credit card this year, Peer2Peer Finance News reported. The card, dubbed as the Elfin Card, will be linked to...
Australian-based consumer advocate organization CHOICE asked banks to lower interest rates on frequent flyer credit cards in light of the flu pandemic. CHOICE slammed a particular card issuer Virgin Velocity, citing a significant restriction for points redemption. According to CHOICE...
The Indian government is looking into a request to allow companies to receive input tax credits for pandemic-related items such as personal protective equipment (PPE), sanitizers, and other similar goods, said The Economic Times. The pertinent government body is...
Virtual payment card startup company, Privacy.com, announced Wednesday, July 15, 2020, its successful Series A investment round. The firm was able to raise a total of $10.2 million. The startup company is primarily involved in providing individuals with uniquely-generated virtual...
The New York Senate passed a bill on Wednesday, July 22, allowing consumers to enjoy a 90-day grace period to redeem credit card rewards. Known as the S7104A, the act makes it easier for cardholders to close or modify existing...

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