American Express recently launched its new program that lets customers enjoy more perks when they order from Uber Eats, reported CNBC. This move is in line with the company’s goal to help people during the pandemic as more consumers...
Digital financing company SoFi recently announced its plans to release a credit card that rewards users by paying off their debts. In a press release published on its website, the SoFi Credit Card will be compatible with Student Loans...
Credit card customers of the South African bank First National Bank (FNB) recently suffered from technical issues due to the Financial Intelligence Centre Act (FICA), said BusinessTech. This glitch caused them to have zero balance and experience declined payments.
Customers...
India’s leading digital financial services platform Paytm announced Monday, November 23, 2020, that it has launched flexible Equated Monthly Installments (EMIs) for its postpaid service users. Following this, Paytm users are now expected to make manageable repayments without undergoing...
Visa partnered up with cryptocurrency startup BlockFi to offer a credit card that carries Bitcoin instead of fiat money or airline miles, said Business Insider. The offering will be available in early 2021. Users can avail of this product...
Point-of-sale (PoS) terminals made by Ingenico and Verifone, two of the world’s largest manufacturers, are said to contain security issues. According to Forbes, the vulnerabilities in the system makes credit cards data-stealing much more accessible and simpler to hackers.
In...
Following the investigations that the world’s largest porn site Pornhub contained videos of child sexual abuse, revenge porn, and rape, large payment companies decided to block the use of credit cards on the website.
Visa, Mastercard, and Discover cut off...
Myanmar launched its first modern credit bureau last Wednesday, December 30, 2020, with the help of Credit Bureau Asia (CBA). According to The Business Times, the regulator is a joint venture between MB Investment as well as NSP Asia...
Credit company Experian recently issued the 2020 Consumer Credit Review which revealed that Minnesota residents hold the title for having the highest average credit score last year, said CNBC. The state has held the title for nine consecutive years.
Minnesotans...
Pharmacy chain Walgreens recently announced its plan to launch its own credit card co-branded with Mastercard and Synchrony, reported CNBC. Its loss of financial offerings will also include a prepaid debit card.
Expected to be available within the year, the...
