Credit/Debit cards
How Trump’s proposed cap on credit card rates could reshape consumer lending
It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes
Trump calls for one-year cap on credit card interest rates at 10%
Lawmakers from both the Democratic and Republican Parties have raised concerns about high rates and have called for those to be addressed
JPMorgan to replace Goldman as Apple Card issuer
The deal is subject to regulatory approvals and is not expected to close for roughly two years
Visa, Mastercard to cut fees, let retailers reject certain cards
VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use certain credit cards, including the premium ones that have bee...
Insider perks, bespoke privileges, hidden culinary gems: How to get access to a world of gourmet pleasures
From off-menu creations to seamless concierge access, The Culinaire’s List by DBS connects even more cardmembers to the city’s hardest-to-book restaurants – with a refreshed slate of privileges and re...
From mala to mall: 5 ways Singaporeans are swiping more in Johor
Transactions are up sharply even as the average ticket size dips, suggesting consumers are crossing the Causeway more often and buying more frequently
Visa tests pre-funded stablecoins for cross-border payments
The programme has the potential to eliminate a worst case scenario for clients: an underfunded account causing service delays for their end customers
UOB taps rising Johor spend with cross-border rewards redemption scheme for Singapore cardholders
This comes as spending by the bank’s Singapore credit card customers in Malaysia has risen
Vietnam probes suspected cyberattack on its national credit information database
This comes after an international hacker group offers to sell a ‘full country’ credit database containing ‘very sensitive information’
US consumer borrowing rises most in three months on credit cards
Rising inflation may also be pushing consumers to take on more debt as they turn to credit to cover higher day-to-day expenses
