Compared to the second quarter of 2015, the percentage of credit card loans at least 30 days late increased during 2Q 2016 at many large credit card issuers, including JPMorgan Chase, Citigroup, Capital One Financial, Discover Financial Services, and Synchrony Financial, S&P observes in a new report. The rating agency said this could  be partly attributed to relaxed credit standards by certain issuers. "Nevertheless, financial obligations as a percentage of disposable income, monitored by the Fed, has not been lower since Q4 2012, suggesting that despite the recent growth in the industry, credit card debt remains manageable," S&P said. UK bank NatWest has advised customers that it may charge for holding deposits, The Guardian reports. NatWest wrote to 850,000 business customers changing its terms and conditions for business deposit accounts. The letter said: "Global interest rates remain at very low levels and in some markets are currently negative. Dependent on future market conditions, this could result in us charging interest on credit balances." The bank said it had no plans to change the terms and conditions of personal accounts. The current Bank of England base rate is 0.5 per cent. Visa and PayPal have entered into a strategic partnership that will see them collaborate on digital payments. Under the agreement PayPal will join the Visa Digital Enhancement Program, which provides access to Visa's token services and other digital capabilities. PayPal will make it easier for customers to pay with their Visa cards by incorporating Visa digital card images into payment flows and by making other changes to its payment system. And consumers will be able to move money from their PayPal account to their bank account via a Visa debit card. Visa said in a statement: "The agreement affords PayPal certain economic incentives, including Visa incentives for increased volume and greater long-term Visa fee certainty." Citibank is introducing voice biometrics in its call centres in Australia, Singapore, Hong Kong and Taiwan, following the successful introduction of the technology in the United States last year. Citi customers who phone a call centre will have their identity verified via voice print as they explain their reason for calling. Customers will not need a PIN or have to provide personal details. The system is called "natural language voice biometrics", which means it does not rely on the customer reading a prepared script. Citi has 12 million retail bank customers in the region and expects that at least one million of them will be using the system within 12 months. The Monetary Authority of Singapore will carry out more "intrusive" inspections of banks over money-laundering in the wake of revelations that banks in Singapore were used to channel money diverted from Malaysia's state investment fund, 1MDB, the Financial Times reports. US prosecutors allege that more than US$3.5 billion was siphoned off. In response, from next month the MAS will have a dedicated money-laundering unit and a supervisory team to monitor risks and carry out on-site inspections. The regulator is also creating a new