BOB Financial, NPCI and JCB partner to launch Bank of Baroda Credit Cards on RuPay platform

TOKYO & MUMBAI, Nov 29, 2021 – (JCN Newswire via – BOB Financial Solutions Limited (BFSL), a wholly-owned subsidiary of Bank of Baroda (BoB), has partnered with National Payments Corporation of India (NPCI) to launch BoB Credit Cards (Easy and Premier variants) on the RuPay platform. Launched on the JCB network, both cards support […]

New DeFI platform CreDA looks to de-risk the world of crypto

CreDA protocol will use AI to provide credit ratings using on-chain and traditional financial data New York, NY / November 25, 2021 / SEAPRWire / – CreDA (Credit DeFi Alliance), the world’s first decentralized credit rating service has officially launched its platform following a successful open beta. Modeled after traditional consumer credit agencies, CreDA introduces the concept of personal credit […]

GBA & Maven Federal Credit Union Unite

Washington, D.C., Nov 22, 2021 – (ACN Newswire via – The Maven Federal Credit Union,, announces the prelaunch of its website 2.0, allowing all GBA Members to join. The Prelaunch involves making the website live, beginning a campaign to raise funds and membership enrollment. The site is currently a minimum viable product (MVP), […]

Fitch cites potential credit rating cut

By Jenina P. Ibañez, Senior Reporter  Rising public debt could lead to a credit rating downgrade for the Philippines in the next few years, Fitch Ratings said.  The rating company would consider the country’s public debt-to-gross domestic product (GDP) ratio in the medium term, especially as finances in the Asia Pacific improve, it said in a note on Friday.  […]

AEON Credit Service Launches Series of Targeted Credit Card Offers to Extend Consumption Voucher Impact, Adding to Excitement of Traditional Consumption Peak Season

HONG KONG, Nov 10, 2021 – (ACN Newswire via – AEON Credit Service (Asia) Company Limited (“AEON Credit Service” or the “Group”; stock code: 00900) has announced the launch of a series of AEON credit card offers aimed to extend the impact of the government consumption voucher, for greater enjoyment of the traditional consumption […]

AEON Credit 1H2021 Net Profit Up by 13.1% to HK$172.3 Million

HONG KONG, Sep 28, 2021 – (ACN Newswire via – AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) announced today its interim results for the six months ended 31 August 2021 (“1H2021”). Although the market remained generally uncertain in 1H2021, with the Group resuming marketing activities for AEON […]

Philippine credit downgrade imminent — ING

The Philippines should brace for a credit rating downgrade next year after Fitch Ratings adjusted its outlook to negative from stable on dimming growth prospects, an economist from ING Bank N.V. Manila said.  “Should growth momentum stall and fiscal and external metrics deteriorate further over the coming months, the Philippines may be in line for a foreign currency credit […]

VCREDIT 1H21 Achieves a Significant Turnaround, Total Income Rises Sharply by 56.2% to RMB1,880.0million

HONG KONG, Aug 26, 2021 – (ACN Newswire via – VCREDIT Holdings Limited (“VCREDIT” or the “Group”; stock code: 2003.HK), a leading independent online consumer finance provider in China, is pleased to announce its unaudited interim results for the 6 months ended 30 June 2021 (the “Period”). During the Period, the Group’s total income […]

CIC credit reports requested by institutions to be priced wholesale

THE CREDIT Information Corp. (CIC) in August will adopt a wholesale pricing scheme in which bulk rates will be charged on credit reports sought by financial institutions. Under the new scheme approved by the Securities and Exchange Commission (SEC), credit report inquiries will have a wholesale price of P10 each when financial institutions pre-purchase a […]