Cards & Payments
ATMs, credit cards finally useful in Myanmar
ATMs, credit cards finally useful in Myanmar
Private banks in Myanmar have begun rolling out ATMs with more ambitious plans are in the works.
Police tells Malaysian banks to set up security system for ATMs
The Malaysian police suggested that banks set up a central security control system to monitor every ATM to detect any undesirable activities.
S. Korea crafts new ATM withrawal system against voice phishing
Cash withdrawals of 3 million won or more at South Korea's ATM machines will not be possible until at least 10minutes after the money has been wired...
KTC cancels inactive credit cards
Krungthai Card has cancelled about 40,000 inactive credit cards to cut operating costs.
SBI launches cards for high net individuals
SBI Cards launched a 'signature' card targeted at the high net-worth individuals.
VietinBank deploys Western Union via SMS
VietinBank becomes the first bank in Asia to successfully deploy Western Union money transfer via SMS.
Direct yen-yuan trading to begin this week
China has taken a key step towards making the yuan or renminbi a truly global currency.
India's Axis Bank forges remittance tie up with Bahrain's Ahli United Bank
Any account holder with Ahli United Bank in Bahrain may now be able to wire money to an Axis Bank account holder in India using the Internet banking...
Bank cards mainly used in Vietnam for cash withdrawal
Bank cards are mainly used for cash withdrawal in Vietnam, with 82% of the total transaction value conducted via the ATM system.
South Korean banks struggle against massive household debt
Government and banking sector moves to reduce household debt begin to pay off
Sri Lanka's ComBank links ATMs to China UnionPay
The more than 500 ATM terminals in Sri Lanka of the Commercial Bank of Ceylon can now be utilized by holders of UnionPay credit and debit cards.
VietinBank expands online Western Union service
VietinBank has expanded its Western Union Online through its IPay system.
Maritime Bank appointed service bank for expressway project
Maritime Bank has been appointed as the service bank for the Da Nang – Quang Ngai Expressway Project by the State Bank of Vietnam.
Vietnamese banks to charge ATM fees
Vietnamese banks are seeking to introduce ATM charges to avoid big losses on ATM services.
StanChart, Garuda ink deal to boost expansion
Standard Chartered Bank will collaborate with Garuda to enhance the latter's Garuda Frequent Flyer customer loyalty program.
Indonesian credit-card holders reach 14.5 million
Credit cards issued in Indonesia increased to 14.58 million in February from 13.8 million over the corresponding period last year.
Mutiara expects improved value as part of BCA's ATM network
Bank Mutiara is expecting its value to increase by joining the ATM network of BCA.
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