Credit card spending exceeds pre-Covid levels
Credit card usage surpassed pre-Covid-19 levels and hit a four-year high at the end of Q2FY23.According to Reserve Bank of...
Credit
SBI Chair Says Banking System Better Positioned to Support Lending Growth Credit
India's banking system is in a much better position than in the last cycle and will be able to sustain...
Credit Suisse releases ‘worrying’ outlook showing asset loss ‘well above’ expectations – Credit Suisse Group (NYSE:CS)
Embattled shareholders Credit Suisse Group CS on Wednesday approved a proposal to issue new shares. The Swiss bank's turnaround plans...
East Lansing MSU Federal Credit Union started 85 years ago
EAST LANSING — MSU Federal Credit Union could have had humble originsfirst operating out of a college professor's desk drawer,...
How to save money by downgrading your credit card
To save money / Savings tips Milko / iStock.com According to a recent GOBankingRates survey, nearly 85% of American adults...
Axis Bank Partners with Flipkart to Launch ‘Flipkart Axis Bank Super Elite’ Credit Card
Axis Bank and Flipkart have teamed up to launch the "Super Elite Credit Card". In an effort to expand the...
Child tax credit: you can still claim your refund even if you missed the online filing deadlines
Geber86 / iStock.com When the Biden administration passed the American Rescue Plan Act (ARP), it expanded the Child Tax Credit...
UPDATE 1-China asks banks to step up credit support for the economy
(Add details, quotes)BEIJING, Nov 21 (Reuters) - Chinese banks are expected to step up credit support for the economy, including...
Many public sector banks struggling with weak assets and high borrowing costs: S&P
While the state-owned State Bank of India (SBI) and major private banks have overcome their asset quality challenges, the same...
Many public sector banks struggling with weak assets and high borrowing costs: S&P Global Ratings
While the state-owned State Bank of India (SBI) and major private banks have overcome their asset quality challenges, the same...
Amplify Credit Union: 2022 Home Equity Review
Amplify Credit Union is based in Austin, Texas and was founded in 1967 by IBM employees. Although Amplify home equity...
Vietnam plans to raise credit growth cap
HANOI, Nov 18 (Reuters) - Vietnam will consider lifting the ceiling on its credit growth, its prime minister said, as...
Ulster Bank customers must not lose access to credit facilities
Farmers' overdraft facilities must be maintained as they transition to a new bank after their Ulster Bank account has been...
Layoffs at PenFed could impact hundreds of employees
Headquarters of the Pentagon Federal Credit Union. (Source: AdobeStock) On the morning of November 1, the Pentagon Federal Credit Union,...
Some CFOs are increasing their lines of credit as recession insurance
Some companies pre-emptively secure additional borrowing capacity in the event of an economic downturn.Restaurant chain franchise Restaurant brands around the...
Business Services Specialist Joins Farm Finance | Local company
Farm Credit of the Virginias recently announced that Jennifer Wagstaff will assume the role of Business Services Specialist at the...
About building efficient credit markets
Since the average annual savings of adult Ugandans is less than Shs 5,000, many of us will have to deal...
Credit unions in four states appoint new CEOs
Announcing the new leadership of the credit union. (Image: Shutterstock) Heartland Credit Union's Board of Directors has named Angela Hanson...
CGI announces CGI Credit Studio™, a cloud-native platform that transforms credit operations and customer experience for lenders
Stock symbolsGIB (NYSE)GIB.A (TSX) www.cgi.com/newsroom FAIRFAX, Va., November 14, 2022 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) today announced CGI...
Payments company Curve makes offer for BlockFi’s 87,000 credit card customers
Payments company Curve is in active talks to acquire BlockFi's crypto lender more than 87,000 credit card customers – whose...
Despite a credit guarantee of Tk 2,000 cr, only a loan of Tk 192 was disbursed to SMEPs
Bangladesh Bank Deputy Governor Abu Farah Md Nasser said that despite a Tk 2,000 crore credit guarantee scheme for Small,...
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Letters: credit card fraud, $270 million hole filling, bank robbery
Mayor Wayne Brown was interviewed at the Auckland Council offices in Albert Street, Auckland. Photo/Michael CraigIt should be noted that...
Number of Oregon households with bank and credit union accounts continues to rise, agency says
SALEM, Oregon (KTVZ) - The number of unbanked households in Oregon has fallen from 3.8% in 2019 to just 1.8%...
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Credit Suisse’s EXCLUSIVE overhaul catches the eye of some investors, governance voting adviser
LONDON/ZURICH, November 11 (Reuters) - Credit Suisse (CSGN.S) The recent decision to exit some investment banking business draws the attention...
Retired FinTech startup Lilly to offer credit card rewards to IRAs
A company-backed startup has launched a new app for Americans to rollover money into an Individual Retirement Account: transferring cash...
Members narrowly approve merger of Vermont’s largest CUs
Source: Adobe Stock The controversial merger of the $1 billion Vermont State Employees Credit Union in Montpelier with the $1.9...
X1 Credit Card Benefits You Can’t Miss
Astarot / Getty Images / iStockphoto There isn't much innovation in credit cards these days, but the Card X1 claims...
Credit unions bow blue, banks bow red for Congress
Source: Shutterstock CUNA and NAFCU gave Democrats a bit more, while two major banking groups tipped Republican, but the difference...
TD launches new line of credit card rewards just in time for the holiday season
Redesigned TD Rewards Suite features exclusive accelerators and benefits across multiple travel and daily spend categoriesTORONTO, November 8, 2022 /CNW/...
SBI raises credit growth target for fiscal year 23 to 14-16% on business loans
Bombay : The State Bank of India (SBI) has revised its outlook for credit growth to 14-16% for the current...
14-16% credit growth expected for FY23: SBI chief
The country's largest lender, the State Bank of India (SBI), on Saturday announced a 74% increase in its autonomous after-tax...
Oregon Community CU sells $275 million in auto loan securities
Source: Shutterstock. The Oregon Community Credit Union has completed the sale of $275 million in auto loan-backed securities it issued,...
Atlanticus launches the Aspire® banking platform, a new debit product with access to credit for the financially underserved
Atlanticus Holdings Corp.First-of-its-kind banking program to provide consumers with a credit card offer upon completion of a defined list of...
How to book flights, cars and more without a credit card
Silver / Financial planning Georgejmclittle / Shutterstock.com There are several advantages to paying for your travel arrangements with a credit...
CU University and State Employees Unveil New Name, BluPeak Credit Union
BluPeak Credit Union logo. The $1.2 billion USE Credit Union unveiled its new name, BluPeak Credit Union, to better represent...
Australian fintech Stay or Go helps credit card customers save $1.5 billion a year without switching banks
New innovative service, stay or gohelps consumers get better terms from their bank, saving them from having to changeService unlocked...
18 credit union professionals move into new roles
UC professionals change careers. Credit: Andy Dean Photography/Shutterstock WEST David Jewell The $5.5 billion, based in Richland, Washington Caisse Populaire...
Deposit growth lags behind credit drawdown
The banking system has so far seen weaker growth of 4.9% in deposits in the current fiscal year, while credit...
Does closing a bank account affect your credit?
(NerdWallet) – Ready to close a bank account, but worried about losing your credit score? Do not be. By taking...
Credit Suisse is divided into four parts
Data: FactSet; Graphic: Axios VisualsUntil this week, Credit Suisse could credibly claim to be a top-tier bank, alongside perhaps eight...
Credit Suisse overhaul hailed by Swiss National Bank
ZURICH (Reuters) - The Swiss National Bank approves of steps taken by Credit Suisse to transform the struggling Swiss bank...
Bank of America Credit Cards – 2% Extra Rewards Day Saturday 5/11/2022 — My Money Blog
Bank of America is running a credit card promotion called "More Days of Rewards" on Saturday 05/11/22. Depending on your...
As struggling Credit Suisse seeks to shed a major unit, private equity firms run in circles
Private equity is bracing for the possible sale of Credit Suisse Group's U.S. asset management unit, or CSAM, as the...
UnitedLex and Credit Suisse Reach 10 Years of Service in US and European Leveraged Lending Markets
NEW YORK--(BUSINESS WIRE)--UnitedLex, a leading data and professional services company for the legal industry, today announced that its partnership with...
A credit card reward breakthrough at Bank of America
Mercator research found that rich rewards programs outweigh lower fees and higher credit limits for account satisfaction and card preference....
How Credit Suisse can avoid a costly stock sale
Comment this storyCommentCredit Suisse executives really don't want to sell shares to fund the restructuring they are due to reveal...
Credit Suisse needs a smarter game, not a Gulf bailout
Comment this storyCommentDeep-pocketed Gulf investors are once again turning to global investment banks – more than a decade after making...
WeDevelopment Federal Credit Union aims to stop predatory banks
KANSAS CITY, Mo. — A project that was first discussed in 2007 came to fruition on Saturday. A ribbon-cutting ceremony...
To push MSMEs, Hinterland housing credit, government plans to involve RRBs
TO PROVIDE credit to rural consumers, the government plans to leverage the strong network of some 15,000 Regional Rural Banks...
Child Tax Credit: If the IRS Sent You Letter 6550, H&R Block Wants to Help
jetcityimage/iStock.com If you are one of the nine million Americans who receive a letter from the Internal Revenue Service (IRS)...
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US jury finds Credit Suisse did not rig the forex market
NEW YORK, Oct 20 (Reuters) - A U.S. jury ruled on Thursday that Credit Suisse Group AG (CSGN.S) did not...
Activist Investor Advocates IPO for Credit Suisse’s Swiss Unit
A foundation is reviving the once abandoned idea of an IPO for the Swiss unit of Credit Suisse. The spin-off...
Social Security Increases Work Credit Amount, Best Credit Cards and Top Financial News October 19, 2022
seb_ra / iStock.com Today is an interesting day, as it is both Life Appraisal Day and National New Friends Day....
4 best credit cards for retirees
martin-dm / Getty Images The credit card industry is so competitive that you can find a card that meets almost...
Brazilian bank offers credit to Iranian investors for agriculture
The president of the common house of Iran and Brazil announced the willingness of a Brazilian bank to support Iranians...
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Credit Suisse is looking for capital from the Middle East, the best banker will leave
ZURICH, Oct 17 (Reuters) - Credit Suisse Group AG (CSGN.S) has approached at least one Middle Eastern sovereign wealth fund...
New hires at Irwin Fritchie Urquhart & Moore, OnPath Federal Credit Union | Economic news
New Orleans Dr. Nina Hartman joined the Lupo Center for Aesthetic and General Dermatology as a board certified dermatologist.Hartman will...
ASOS in talks with lenders to change terms of $391m facility
LONDON (Reuters) - British online fashion retailer ASOS is in talks with lenders to change the terms of its 350...
Why are some credit unions increasing savings rates?
Source: Shutterstock. Rising mortgage and auto loan rates have helped credit unions increase their net interest margins this year. Now...
Indian Banking Sector Q2 Earnings Snapshot
BQ Prime's special research section brings together in-depth and quality research reports on stocks and the economy from India's top...
How a Credit Union Tackled Cannabis Bank Compliance | Credit Union Journal
Since starting with the Southern Chautauqua Federal Credit Union in Lakewood, New York, more than eight years ago, Lindsay Hubbard...
Oil and gas top bank credit allocation in 2021 – NBS
The National Bureau of Statistics (NBS) reports that the oil and gas industry was one of the top credit allocations...
Yapily and Juni partner to improve access to credit for e-commerce
Open banking infrastructure platform Yapily has partnered with Juni, the financial platform designed for e-commerce, to help e-commerce businesses gain...
Ascend Federal Credit Union Appoints Rik Reitmaier as Senior Vice President and Chief Information Officer
RUTHERFORD COUNTY – Ascend Federal Credit Union, the largest credit union in Middle Tennessee, today announced the appointment of Rik...
CIT Northbridge Credit acts as agent in $40 million financing for Biery Cheese
NEW YORK — CIT, a division of First Citizens Bank, today announced that CIT Credit Northbridge, advised by CIT Asset...
Restructuring of the versatile student of the former Croydon Credit Suisse
When Credit Suisse announces a new strategy for its investment banking arm on October 27, one woman will be at...
Credit Suisse bankers who want to quit face a clawback problem
Credit Suisse's APAC operation has become a poaching ground for rivals looking to fill gaps in their corporate finance operations....
Fintechs say UK credit cards restrict access to consumers’ own data
Fintechs in the UK have accused credit card issuers including NatWest and Barclays of "costing consumers millions" by not giving...
How to do a credit card balance transfer with Citi
Credit Cards / Balance Transfer Poike / Getty Images / iStockphoto Citi® has a rich history dating back to 1812,...
Child tax credit 2022: how much will you get?
Maja Mitrovic / iStock.com Among the many government stimulus programs launched to help Americans weather the COVID-19 pandemic, one of...
VyStar Credit Union: After the Outage | Jax Daily Record | Jacksonville Daily Record
For the chief executive of VyStar Credit Union, the outage of online banking services in the summer of 2022 and...
Child tax credit: Rhode Island offers $250
ArtMarie / iStock.com Some Rhode Island residents will receive payments from the state government in the form of child tax...
Regions Prestige Visa Signature Credit Card Review
GOBanking Rates Score Quick take: The The Regions Prestige Visa Signature credit card is a basic rewards card with a...
hdfc: HDFC Bank’s second quarter credit growth reflects strong Indian demand
India's most-valued lender, outpaced the industry by growing its loan portfolio by more than 23% in the three months to...
Credit Suisse: This is not the next Lehman Brothers
Now that markets are more comfortable with the UK's fiscal plans, Swiss bank Credit Suisse (CGSN) is the latest concern...
Gain Credit Union Presents “The Best Banking Podcast”
Gain Federal Credit Union is proud to announce The Better Banking Podcast which will offer news, tips and techniques from...
What credit score is needed for the Amazon credit card?
ymallemand/Getty Images Consumers with an Amazon credit card can save even more on and off the website by taking advantage...
Rose retires as Chief Credit Officer of Brookline Bancorp
Robert Rose, who served as chief credit officer for Brookline Bancorp for 13 years, will retire on November 1. Mark...
TVS Credit Sees Growth in Loan Disbursements During Holiday Season, Rolls Out Offers and Rewards
Chennai-based non-bank financial firm TVS Credit, part of the TVS Group, expects growth in loan disbursements during the current festive...
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Credit Suisse appoints CEO of Chinese joint venture amid global restructuring
HONG KONG, Sept 29 (Reuters) - Credit Suisse (CSGN.S) has appointed veteran banker Jing Wang to lead its China securities...
We facilitate the path to “access to credit” for MSMEs: CEO of RupeeBoss
Chennai, September 28 For MSMEs, the process of obtaining loans is always challenging and they are usually unable to choose...
Private sector credit gallops to 14% amid rising inflation
At a time when global central banks are tightening monetary policy to control inflation, Bangladesh is heading in the opposite...
Credit drawdown growth at highest level in 9 years as retail boosts demand
Bank credit rose 16.2% in the fortnight ended September 9, the highest in around nine years, helped by the post-Covid...
Students may struggle to get credit as NPAs in education loans rise
High non-performing assets (NPA) of around 8% in the education loan segment made banks cautious and slow on sanctioning student...
Investors and Buyers Play the Waiting Game in Credit Switching
Earlier this month, the State Bank of Vietnam (SBV) adjusted the 2022 credit growth target for some institutions that had...
Martinsville Speedway and ValleyStar Credit Union Extend Entitlement to ValleyStar Credit Union 300
Martinsville Speedway and ValleyStar Credit Union Announce Multi-Year Toll Extension for ValleyStar Credit Union 300the nation's largest, richest and most...
Some Credit Suisse traders blame Christian Meissner for their disappearance
Who Killed Credit Suisse's Fixed Income Trading Business? Some Swiss bank insiders think they know the culprit and it is...
How to Find and Use Your Kroger Credit Card Login
jetcityimage/Getty Images From humble beginnings in 1883, Kroger has grown from a small regional grocery store to a national chain...
All In Credit Union arrives at Century in former Pen Air FCU Location: NorthEscambia.com
A new credit union is coming to Century. The former Pen Air Federal Credit Union building in Century was sold...
TD Bank and Target Corporation Extend U.S. Credit Card Partnership Agreement Through 2030
CHERRY HILL, NJ, September 21, 2022 – TD Bank, America's Most Convenient Bank®today announced a multi-year contract extension with Target...
