Wednesday, April 24, 2024
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...
E-commerce company Flipkart partnered up with Axis Bank to develop and release its own credit card. The Times of India reports that the co-branded offer is powered by Mastercard. The card will be available to customers who are qualified...
E-commerce payment system firm Paytm will introduce new credit cards to innovate the masses’ digital experience in managing credit online. The company announced on Monday, Oct. 19, its plans to roll out the two million co-branded credit cards with smart...
Credit Suisse Group AG has recently lost a top team of financial services bankers (FIG bankers) to a major competitor in Jeffries Financial Group Inc. The team was led by Alejandro Przygoda and includes managing director Carlos Marque, as well...
Individuals looking to serve their community can do so by applying for a MySeva credit card. Gulf News reported that this new card will be facilitating donations for Abu Dhabi’s first-ever Hindu temple or mandir. “Seva” MySeva literally means My Service,...
The Canadian government is asking banks to lower interest rates on credit cards to ease the financial struggle of Canadians due to the flu pandemic. Prime Minister Justin Trudeau said in his speech to Canadians last Thursday that the...
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 Bank of England reports that, in the UK, the demand for unsecured lending, such as credit cards,  fell to -20.7, mostly due to Brexit uncertainty. UK households are getting away from credit card debt and spending altogether. According to...
Boise authorities spotted skimming paraphernalia in ATM machines around town. Police found out that skimmers showed up at local banking institutions to install and detach skimming devices. With this device, criminals can access the financial information of cardholders, allowing them...
For its introductory promo, HSBC is giving 3x points for every purchase made during the first 12 months after the card issuance. This amounts to 3 points earned for each dollar customers spend within the first year of the...

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