Cards & Payments
CIMB eyes issuing 1mn new Debit Mastercards
CIMB eyes issuing 1mn new Debit Mastercards
ABM expects debit card usage to grow by up to 70% this year.
Vietinbank Issues VIP cards to loyal customers
Vietinbank issued Platinum VIP Cards with many benefits and exclusive privileges to its loyal customers to extend the bank’s deep thanks to them. I...
Overseas remittance to Vietnam to reach US$8.5 B
The volume of overseas remittance to Vietnam is expected to reach $8.5 billion this year, according to the State Bank of Vietnam.
Indonesia to impose tighter rules for credit cards
Bank Indonesia will revise credit card rules to require a minimum age and salary, capping the number of cards owned, limiting maximum interest rates...
The advent of self service banking in the 21st century
Heroes of the first decade!
HDFC Bank starts issuing ForexPlus Platinum Card
The card has been tagged as the premium forex card for the global Indian.
ICICI Bank recall cards following cloning scare
The lender joined its rivals in the move after the city received complaints from 64 card users.
MasterCard Australia's PayPass transactions reaches 1mn transactions
The card company expects all Australian MasterCard credit and debit cards will be PayPass-enabled by April 2014.
Bank Indonesia requires banks to issue more advanced cards
The regulation aims to protect customers from a repeat of a massive fraud in 2010.
Maybank boosts India-Malaysia remittance service, expects 15% growth
Maybank has tied-up with India's Axis Bank to introduce remittance services to beneficiary accounts in India.
Malaysian Mastercard holders spend US$2.03 B in "sale carnival"
Malaysian MasterCard cardholders spent US$2.03 billion with 22.7 million transactions during the 1Malaysia Mega Sale Carnival from June 15-Sept 4...
More Malaysian banks focus on transaction banking
More Malaysian banks are now enjoying thre benefits a sustainable fee-based income and a source of low-cost deposits from transaction banking.
Bank Mandiri and Rintis Sejahtera join ATM PRIMA Network
The agreement to increase transactions through Bank Mandiri’s electronic network while improving transaction efficiency.
HDFC Bank and Diners Club form alliance
The Indian bank to offering its 3rd credit card to 20,000 additional new customers per month.
Maybank Singapore to launch all-in-one Mastercard
Maybank’s Platinum Debit MasterCard will allow cardholders to pay for public transport and purchase items at over 15,000 retail points.
Citibank in Malaysia targets 100,000 new cardholders
Citibank Bhd expects to attract 100,000 new cardholders over the next three years with its newly-enhanced Giant-Citibank Credit Card.
ICBC electronic banking reach turnover of over RMB100T in 1st half
ICBC electronic banking posted a turnover of over RMB 100 trillion during the first six months of this year, up 21.8% year-on-year. Of which...
Commentary
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Why Singapore’s fast payments need faster protections