The introduction of the UK’s social security payment called Universal Credit has contributed to an increase in psychological distress among its recipients, a new study revealed. The report, published in The Lancet on Thursday, showed that mental health problems among...
Indian low-cost airline IndiGo announced Thursday, Feb 27, the launch of its latest co-branded credit card in collaboration with HDFC Bank and MasterCard. The new product, named Ka-Ching, will work similarly to a loyalty programme and will come in two...
Palo Alto-based corporate travel support company has successfully raised $500 million to support its new venture called TripActions Liquid. TripActions Liquid secured its $500 million debt facility from Silicon Valley Bank, together with Goldman Sachs and Comerica Bank, reports...
A major merger and acquisition occurred this week with Intuit announcing its purchase of personal finance company Credit Karma. Tech Crunch reported that this will be the accounting and financial planning firm’s largest acquisition so far and will be...
PayPal-owned mobile payment service Venmo is preparing for a new line of service, allowing users to set up a debit card for teens. The company is reportedly testing this new feature, spotted by app researcher Jane Manchun Wong. The new...
A number of homeowners in Central Massachusetts have started a class action lawsuit against non-profit organization BlueHub Capital of predatory lending said Telegram. This comes after the organization provided options that would supposedly help with their mortgage but ended...
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...

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