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COBRANDED CREDIT CARDS
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...- Fintech WeRize raises $7 million led by Sony Innovation FundBengaluru-based fintech WeRize has secured $7 million in a funding round led by Sony Innovation Fund. The capital will bolster its AI and t...
- Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...
- Free airport lounge access via credit cards is getting tougher as banks tighten entry rules, set minimum spending criteriaThe logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premium customers or frequent flyers wou...
- Airline miles may not go as far as the Iran war drives up fuel costs and summer faresAirline ticket prices and baggage fees have surged, impacting the value of travel rewards for summer trips. While dynamic pricing makes awa...
- Scapia secures $63 million funding from General Catalyst, Peak XV Partners and Z47Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Scapia plans to use the funds to expa...
- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
- Get up to 10% discount on this flight ticket on Etihad Airway's guest loyalty program if you are a Gold, Platinum and Emerald memberEtihad Airways is now offering a 10% discount on promo seats for its top-tier loyalty members. Gold, Platinum, and Emerald members of the E...
- Federal Bank to acquire 4.5 lakh Standard Chartered card portfolioFederal Bank is set to acquire a significant credit card portfolio from Standard Chartered Bank. This deal involves approximately 450,000 c...
- Federal Bank to acquire StanC India credit card portfolioFederal Bank is set to acquire a significant credit card portfolio of approximately 4.5 lakh cards from Standard Chartered Bank, India. Thi...
- India’s credit card market expands to 119 million, PSU banks gain in spendsIndia's credit card market has surpassed 119 million cards. HDFC Bank, SBI Cards, ICICI Bank, and Axis Bank dominate this sector. HDFC Bank...
- Digital lenders wary of small biz; Mythos’ biggest security riskHappy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Mornin...
- From swipe to strategy: Your credit card now decides what you buyConsumers now meticulously compare credit card offers before making purchases, turning transactions into value calculations. Credit cards a...
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
- West Asia conflict fears could harden credit card underwriting, curb co-branded card growthIndian banks are tightening credit card rules due to global economic worries and the West Asia war. Fintech firms expect stricter underwrit...
- Cobranded credit cards to form 25% of market by FY28: reportBy the end of FY28, cobranded credit cards are projected to capture around 25% of India's credit card market share in terms of new issuance...
- How RBI is upping the scrutiny on credit cardsThe Reserve Bank of India is tightening its grip on cobranded credit cards, a recently booming sector. This stricter scrutiny aims to preve...
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