1+ mon, 4+ week ago   (248+ words) The megabanks have raised their provisions amidst the Middle East conflict. The impaired loan ratios of Japan and Australia are expected to rise in 2027 compared to 2026, according to estimates from Fitch Ratings. Both banking systems’ impaired loans to gross loans…...

2+ mon, 1+ week ago   (118+ words) Nearly 7 in 10 of new applicants for the card are in this demographic. The majority of Hyundai Card’s six new Apple Pay-tied cards are held by teens and twenties. Meanwhile, 31% were existing Hyundai Card customers. Hyundai Card launched the six new…...

2+ mon, 3+ week ago   (267+ words) Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink. Hong Kong’s consumer credit market recorded divergent movements across product types in the first quarter of 2026, with credit cards and personal loans posting balance growth whilst revolving lines…...

4+ mon, 3+ week ago   (380+ words) About 82% of gig workers met payment obligations vs 80% of the city’s general population. Gig workers in Hong Kong are a growing borrower segment with the same risk level as the rest of the market, but still find it difficult to…...

5+ mon, 1+ week ago   (293+ words) The RBA noted businesses charging the same rate on all cards. Australia’s central bank is removing surcharges on debit, prepaid, and credit cards on designated eftpos and card networks, saying that it no longer achieves its original purpose. Separately, the…...