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Cards & Payments

This is how Display Cards revolutionize bank cards in Asia

Jean-Jacques Foglino
BY JEAN-JACQUES FOGLINO
278 reads

Earlier this year, Standard Chartered Bank launched a novel display card solution in Singapore. Read ››

HSBC and ICICI boosting Indian credit card base

217 reads

This is their first expansion since 2008-09. Hongkong and Shanghai Banking Corporation and India’s ICICI Bank have begun expanding their credit card base. Read ››

BPI introduces low interest credit cards

214 reads

Claims 2% finance charge is the market’s lowest. The “BPI Family Credit Card” is being introduced by BPI Family Savings Bank, a subsidiary of Bank of the Philippine Islands, the country’s second largest bank. Read ››

How Asian banks can migrate efficiently to EMV chip-based cards

Cyril Villemin
BY CYRIL VILLEMIN
457 reads

Those of us who closely follow developments in the banking industry would know that the Association of Banks Singapore mandated last year that banks must implement chip-based technology in ATM and debit Cards by 2014. Read ››

Maybank eyes issuing 150,000 Maybankard Visa Superman Debit card

337 reads

That is only within two months of its launch. Maybank announced in a release that it is targeting to issue 150,000 Maybankard Visa Superman Debit card within two months of its launch. Read ››

RMB now ranks 13th in the world payments currency list

285 reads

It has already overtaken the Russian Rouble. According to SWIFT’s latest RMB tracker, the RMB continues its ascension towards becoming a major international payments currency. Read ››

See what Maybank Singapore's new Manchester United Platinum Debit Card offers fans

386 reads

Cardholders get 20% off tickets to the Man Utd Museum and Stadium Tour. Read ››

Visa launches Visa Ready Partner Program

244 reads

Mobile network operators can now gain access to Visa IP. Read ››

Why China is the stalwart in Asia's cards and payments industry

Sisi Liao
BY SISI LIAO
308 reads

For financial institutions and customer-centric executives, it has never been more important to focus on the rapidly developing cards and payments market. Read ››

Zeus Trojan returns to victimize Japanese banks

269 reads

The Trojan that began stealing banking information in 2007 resurfaces in Japan. Read ››

RMB credit cards surge highest in Macao

230 reads

Macao's number of RMB cards out 648,881 personal credit cards surged by 39 percent from a year earlier. Read ››

Vietnamese oppose plan to pay using bank cheques

255 reads

Government wants payment via banks to create a non-cash economy. Read ››

South Korea's credit card spending up 13.5% in 2012

55 reads

An increase in employment and consumer prices increased South Korea's credit card. Read ››

Banks to answer for fake ATM notes in rural India

261 reads

India wants to change the law that makes the holder of counterfeit currency responsible. Read ››

BNI hopes Chelsea's Indonesian visit will boost card sales

35 reads

Bank Negara Indonesia hopes to capitalize on Chelsea Football Club's upcoming visit to Indonesia. Read ››

East West bank introduces own debit card

277 reads

New card suitable for families of Overseas Filipino Workers. East West Banking Corporation has launched its EastWest-Visa Debit Card it says it said is an ideal cashless tool for families with relatives working overseas who regularly send remittances to the Philippines. Read ››

Myanmar Oriental Bank cooperates with Visa for first payment service for POS transactions

447 reads

Visa cardholders can now use their Visa cards to pay for transactions at select merchants in Myanmar. Read ››

What you need to know about merchant acquiring in Asia Pacific

Andrew Neeson
BY ANDREW NEESON
1027 reads

Merchant acquiring and processing across Asia-Pacific is far from homogenous. Read ››

China to cut bank card fees

323 reads

Move aims to spark domestic consumption in wake of inevitable economic slowdown. Read ››

Check out Maybank's new debit card featuring Superman

452 reads

The card targets young adults and will be available in 1Q13. Read ››

Samsung emerges as No.2 Korean credit card

383 reads

Samsung Card's market share reached 14.1 percent in the second quarter of last year. Read ››

Hong Leong Bank unveils new Wise credit card

504 reads

Cardholders can have up to 10% cash back benefit. According to a statement, with Hong Leong Wise Credit Card launched in association with Visa International, consumers now have a choice of 10% cash back benefit from as many as 10 reward categories. Read ››

Indonesian credit card issuers brace for tougher competition

398 reads

Credit cards in circulation in Indonesia is expected to grow by around 17 million this year. Read ››

Improved access to credit urged in Thailand

75 reads

Thai experts wants reduction of people's dependence on loan sharks be pushed on to the national agenda. Read ››

Competition in Korean card industry intensifies

286 reads

Woori Financial will spin off its credit-card unit. Company officials believe the major reorganization could be completed by March. Read ››

KBank's debit card addresses spending habits of young adults

318 reads

Kasikornbank responded to the needs of customers aged 18-35 with its universal debit card. Read ››

S.Korean credit card firms slash rates

83 reads

South Korean credit card firms vowed to support the low-income bracket with lower interest rates. Read ››

Vietnam’s banks hesitant to charge new ATM fees

862 reads

Some Vietnamese banks will not charge fees for every ATM transaction. Read ››

MOLPay Introduces New Online Payment Solution

39 reads

MOLPay has introduced a new online payment solution to help local micro-enterprises. Read ››

Australia ranks 4th in RMB centres list

323 reads

The list excludes China and Hong Kong. According to SWIFT, RMB payments by Australia really shot up since August 2012 after a period of relatively low volumes propelling the country from position #12 to #4, over a two year period from Nov 2010-Nov 2012 (excluding China and Hong Kong). Read ››

China's bankcard spending increases

29 reads

Chinese bankcard spending surged as travel-related expenditures and shopping increased during the New Year. Read ››

Thailand's Kbank expects delay in home transfers in first half

27 reads

Kasikornbank's housing projects and delivery to home-buyers could be delayed in the first half of 2013. Read ››

Japanese credit card to boost SE Asian presence

418 reads

JCB International will expand in the Asean and is looking for new partners. Read ››

Asian bankers reveal massive opportunities in Asia’s premium cards market

1059 reads

It’s an exciting market as Asia Pacific beats North America with the largest number of HNWIs. Read ››

Corporation Bank dealing to introduce FLASHremit in India

404 reads

Money transfer within minutes. Corporation Bank and UAE Exchange will offer FLASHremit services to customers. Read ››

Visa sees enormous potential in Myanmar for mobile payments

115 reads

Visa will expand in Myanmar. In preparation, the global payment technology company is hosting the Mobile and Electronic Payments Conference 2012. Read ››

PayPal enters Indonesia's online payment business

433 reads

Targeting Indonesia's SMEs and huge businesses. PayPal will be abletoservice these sectors through its partnership with Doku, an Indonesian online payment gateway company. Read ››

Indian banks hit for fake notes in ATMs

484 reads

Counterfeit notes being dispensed by ATMs. RSP member Prashanta K Majumdar said circulation of counterfeit notes were conveniently finding way to banks and re-circulated through ATMs. Read ››

This is how banks can win Asia’s credit card clash

1147 reads

DBS, CIMB, and RCBC reveal their trade secrets in the credit card business. Read ››

Korean overseas card spending up 4.2% in Q3

435 reads

A rising number of outbound travelers. This caused the quarterly growth of South Koreans' overseas credit card spending that picked up in the third quarter. Read ››