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3 mins read

78 pc of consumers choose digital banking over cash transactions

Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…

ANI   


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2 mins read

UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI   


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3 mins read

Virtual credit cards have a limited use case – When should you consider one?

There are credit cards and then there are virtual credit cards. As the name suggests, these cards d…

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3 mins read

Making online payments safer – Here’s how to tokenise your card

Many of us would have seen Amitabh Bacchan on television telling us that by tokenising our cards we…

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2 mins read

RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system

The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…

ANI   


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4 mins read

Wells Fargo may have underestimated just how savvy millennial credit card holders can be

Thanks to savvy millennials, Wells Fargo's partnership with Bilt Rewards — a renter-friendly credit…

Lloyd Lee   


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1 min read

Younger Americans are falling behind on credit card and car payments, New York Fed says

"Delinquency tends to decrease with age, and younger generations have delinquency rates slightly hi…

Yuheng Zhan   


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2 mins read

India’s debit card transactions fall but credit card spends rise further

A look at India’s spending pattern in the first half of 2023 (January to June), reveals an interest…

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3 mins read

Want to feel better about your finances? Do these 5 things right now!

Whether it is health, relationships or finances, each of these plays a very important role in our l…

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9 mins read

'A complete waste of time': what to avoid when you're hustling to pay for college

Private college scholarships are hard to find, don't pay much, and often get deducted from other fi…

James S. Murphy   


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9 mins read

Best Credit Cards for Military Members of 2024

Active-duty military members can get waived annual fees on premium cards like the Amex Platinum, an…

Carissa Rawson   


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2 mins read

RBI directs card issuers to offer choice among card networks, bans restrictive agreements

According to a press release, the central bank prohibited card issuers from entering into agreement…

ANI   


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7 mins read

Banks have finally fixed the single most annoying thing about credit cards

Banks are using huge amounts of data to separate legitimate purchases from scams. That's great for …

Emily Stewart   


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2 mins read

Here’s how one can use the avalanche method to pay off lingering debts

One of the best debt payment strategies is known as the avalanche method. The process is simple. Yo…

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2 mins read

Size does matter: Debit cards for large payments & UPI for smaller ones

Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…

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3 mins read

Credit-card points might be entering a new era

A cap on interchange fees may mean a shift in how consumers earn points on transactions.

Dan DeFrancesco,Alex Bitter   


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3 mins read

The credit card crisis is worse for millennials and Gen Zers

Americans are in the midst of a credit card crisis, and nobody is being hit harder than millennials…

Cork Gaines   


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3 mins read

After paying $25,000 of credit-card debt, I'm ready to make the most of my clean slate

I didn't spend money irresponsibly, but I still found myself deep in debt and paying off interest e…

Kelly Burch   


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2 mins read

Some relief for Indians travelling abroad – credit card payments will not attract TCS

On Wednesday, the Indian government announced that spending through international credit cards abro…

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1 min read

RBI stops Paytm Payments Bank from accepting deposits after Feb 29

The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any custo…

PTI