Cards & Payments
Safer and secure ATM transactions in Asia
Safer and secure ATM transactions in Asia
ATM cards, especially those using magnetic stripes, are increasingly being exposed to sophisticated fraud attempts during transactions. Fraudsters...
Bank Rakyat campaigns for credit card balance transfer
Bank Rakyat launched a credit card balance transfer campaign which allows over 200,000 holders of its credit cards to enjoy an annual profit rate of...
Woori Bank set to spin off card business
The creation of Woori Card follows similar moves by the lender’s rivals.
ICBC issues first American Express platinum card in China
Industrial and Commercial Bank of China and American Express are offering the CBC AE Platinum Credit Card, the first prestigious AE credit card...
China's bankcard transactions total $27.9T in first half
Bankcard transactions in China during the first half of 2011 reached 178.6 trillion yuan or US$27.9 trillion U.S. dollars.
Vietcombank customers can now trade stocks with VNDirect
Vietcombank will cooperate with VNDirect Securities Joint Stock Co for expanding the payment services via VCB-iB@nking channel. This allows customers...
South Korea in tight watch of increasing dormant credit cards
Dormant credit cards, now about one fourth of the total issued, is on the rise in South Korea due to excessive issuances.
Vietnam to impose ATM wage payments
Direct wage payments to employee bank accounts linked to automatic teller machine cards may be written into law, indicated the Department of Labour...
Bank Mandiri adopts new Visa feature in credit cards
'Verified by Visa' feature combines e-commerce platform and security.
Vietinbank to utilize SMS debt payment system
Vietinbank is demanding debt payment via SMS messages to help reduce its bad and late-paying debts as well as building the good habit of clearing...
Maybank expects eDividend market share to increase from 30% to 70%
Maybank is confident of increasing its market share in the electronic dividend payment from 30% to 70% by 2013, with an expected transaction value of...
Bank of China issues UnionPay dual-currency debit card in Thailand
Bank of China Bangkok became the first Chinese bank issuing the UnionPay dual-currency debit card in Thailand.
Stanchart provides debit card for Malaysia's SMEs
Standard Chartered Bank Malaysia is now offering a business debit card for SMEs in Malaysia. Through the launch of the SME Business Debit Card, the...
Vietcombank now accepts insurance premiums online from Liberty customers
Liberty Insurance's customers can now pay their insurance premium online by registering for Vietcombank's internet banking service.
Citibank to utilize JCB credit cards in 9 Asian countries
Citi will add JCB credit card merchants in nine countries and territories throughout Asia.
Sri Lanka Etisalat in mobile banking
Dubai-based Etisalat's Sri Lanka unit said it had inked a deal with with OpenArc, a Colombo-based information technology company to provide a mobile...
Company starts Japan-Nepal money transfer business
Japan Money Express has formally started its operation to provide reliable service to the Nepalese people working in Japan through its 400 agents in...
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Why Singapore’s fast payments need faster protections