News
Trans Union offers free credit report to HK residents who lose their HKID
4+ hour, 50+ min ago (138+ words) They can schedule an appointment online within 30 days of the loss. Trans Union 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…...
Hong Kong's gig works face loan hurdles despite 95% holding prime credit status
1+ 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…...
Hyundai Card draws younger users to premium card lineup
1+ mon, 3+ 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…...
Union Bank of the Philippines revises credit card rewards scheme
2+ mon, 1+ day ago (148+ words) Select credit cards earn 1 point for every PHP150 spent, from 1 per PHP60 previously. Union Bank of the Philippines (UBP) has announced changes to miles and points earned from Pay Direct transactions. Beginning 1 June 2026, holders of the Union Bank Rewards Credit Card, Union…...
Australia to scrap card surcharges in October
2+ 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…...
Unbanked Filipinos narrow gap in credit perceptions: Trans Union
9+ mon, 2+ week ago (265+ words) Fintech users showed the highest trust in credit products. Filipinos" trust in credit products improved in 2025, but concerns over high interest rates and fraud continue to weigh on adoption, according to Trans Union"s latest Credit Perception Index (CPI). The…...
Vietnam banks to weather risks with 16% credit growth target 'reasonable"
3+ mon, 2+ week ago (472+ words) Actual loan growth may exceed previous years even as it does not hit the official target. Vietnamese banks should be able to weather a new slate of credit and liquidity related risks, with some of these concerns being overrated or…...
National Australia Bank fined $15. 5m for failing to respond to hardship claim
9+ mon, 4+ week ago (161+ words) NAB and subsidiary AFSH are required to publish an adverse publicity notice. The National Australia Bank (NAB) and its subsidiary AFSH Nominees have been fined $15. 5m for failing to respond to customer hardship applicants. NAB and AFSH are also required to…...