Latest Credit Cards News

Credit Corp has agreed to acquire HSBC Bank Australia's credit card run-off portfolio for about A$150 million, prompting a 10% uplift in FY27 NPAT guidance.

MoneyMe Limited grew its loan book by 34% to $2.08 billion in FY26, boosted by record originations and improved credit quality, while reducing its net loss by 40%.

Straker Limited’s forensic probe into its US subsidiary uncovers an increased fraud tally of US$5.2 million, prolonging delays to its FY26 audited results and ASX trading suspension.

InFocus Group Holdings has rolled out a major upgrade to its Codexa sweepstakes casino platform, introducing a VIP-style player experience and a proprietary AI-driven compliance engine designed to streamline operations and reduce costs for white-label operators.

Block, Inc. delivered a robust Q2 2026 with 25% gross profit growth, driven by strong Cash App and Square performances, and raised its full-year guidance reflecting accelerating AI integration and hardware innovation.

Credit Corp delivered a 12% profit rise to a record $105.5 million in FY2026, powered by a 57% surge in US debt buying earnings and a strategic entry into UK consumer lending.

MoneyMe ended FY26 with a loan book exceeding $2 billion and achieved positive Normalised NPAT in the second half, supported by strong originations and improved credit metrics.

Klevo Rewards takes a major step in building a regulated crypto-financial platform by partnering with Bybit and proposing key acquisitions to expand Fly Wallet’s digital asset and credit capabilities.

Flight Centre Travel Group showcased robust growth and strategic innovation at its 2026 Investor Day, navigating geopolitical challenges with AI-driven efficiency and portfolio reshaping.

MoneyMe's loan book has surged to $1.9 billion, driving a positive Normalised NPAT in 3Q26 as the fintech lender expands into credit cards with a new launch and a Luxury Escapes partnership.

Nutritional Growth Solutions (ASX: NGS) has completed a major operational reset, achieving normalised profitability, eliminating all debt, and replenishing inventory to support renewed growth.

Xref Limited reported a 54% jump in annual recurring revenue and a 28% reduction in operational expenses in Q3 FY26, driven by strong platform adoption and strategic integrations with global HR partners.