3+ mon, 1+ day ago   (138+ words) They can schedule an appointment online within 30 days of the loss. TransUnion is launching a one-time free credit report per year for eligible individuals who lost their Hong Kong Identity Cards (HKID). Affected individuals can claim their report by scheduling…...

3+ week, 5+ day ago   (151+ words) Customers can earn, track, and redeem points for these banking activities beginning 1 October. The Commonwealth Bank of Australia (CBA) has expanded its loyalty program CommBank Yello to include home loans, savings accounts, and insurance. Australia-based banking customers can now earn,…...

2+ mon, 3+ week ago   (236+ words) Buyers can access insurance and Takaful protection through bancassurance financing. CIMB Bank Berhad has launched “First Car Solution”, an automotive financing program that promises competitive financing rates, as well as insurance, Takaful protection, and credit cards. First-time car buyers are…...

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, 5+ day ago   (612+ words) The challenge in micro-lending is that small business data does not fit into standard banking templates. For a major corporation, getting a loan involves a predictable sequence of paperwork. The company provides audited financials, tax returns, and collateral, allowing the…...

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…...

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…...

1+ week, 5+ day ago   (296+ words) Banks are rethinking legacy technology spending and vendor strategies to free capital for AI whilst keeping operations resilient. Asian banks are under pressure to free technology spending for artificial intelligence as maintenance, security, and rising software costs consume most IT…...

4+ mon, 4+ week ago   (221+ words) Nearly 3 in 4 of its “The Orange” or e-commerce-targeted card customers are aged 20 to 39. Over 2 in 3 of Hyundai Card’s customers in its “young adult premium lineup” of cards are aged 20 to 39 years old, it said. The South Korea-based card company’s ‘‘the…...