Cards & Payments
Krungthai Card targeting active spenders
Krungthai Card targeting active spenders
Krungthai Card's focus on attracting active spenders resulted in an increase in credit-card spending and use of its personal-loan products.
Mobile payments promoted in Mekong region
The latest developments in mobile payments in Thailand, Laos, Cambodia, Myanmar, and Viet Nam are being showcased at a banking summit in HCM City.
Samsung, Shinhan to offer credit card for self-employed
Samsung and Shinahn will offer a credit card designed exclusively for Korea’s 2.5 million self-employed workers next month.
S.Korean banks pay off short term foreign debts
South Korean banks held sufficient foreign currency liquidity to repay foreign debts in June.
Citibank launches Citibank Rewards Card in the Philippines
Cardholders will be entitled to 5% rebate at partner boutiques among other exclusive deals.
AMMB to acquire MBF Cards
AMMB Holdings Bhd's plan to acquire the entire stake in MBF Cards for RM623.4 million pushed MBf Holdings Bhd's share price by three sen to RM1.04.
Two in 5 Malaysians use credit cards as main payment method
A Nielsen study revealed that 39% of Malaysian online consumers use credit cards as a common payment method for dining, shopping and entertainment...
Malaysian banks to relocate off-site ATMs for security purposes
A spate of high-profile robberies in the Klang Valley had Malaysian banks thinking of removing ATMs in malls, supermarkets, petrol and rail stations...
China Bank provides cashless cab fare payments
You can now pay your taxi fare using your ATM or debit card in Davao,Philippines.
HDFC Bank aims 1 million new credit cards in 2012-13
HDFC Bank launched its credit cards for doctors' specific needs, as part of its plans to launch total one million credit cards in current fiscal.
Are credit card rewards gambling too high?
With credit card profitability under continued intense pressure, surely launching new rewards programmes is ground that only ‘fools would dare to...
StanChart now approves Indian credit card applications online
Standard Chartered Bank now provides Indian clients the chance to apply for a card online and receive an 'Approval In Principle' almost instantly.
Techcombank, Vietnam Airlines launch credit card
Techcombank has introduced their new international credit card for high-class passengers who usually travel on Vietnam Airlines’ flights
Agreement to boost mobile banking in the Philippines
The Philippines and the United States have entered into an agreement that will give Filipinos more access to mobile banking and payment services.
Electronic fund transfers in India to become free
The Indian government urged the Reserve Bank to find a way in making electronic fund transfers free of charge.
Maybankard Visa cardholders get free shipping
Maybankard Visa debit or credit cardholders can enjoy free shipping cost of up to US$25 (RM76) when they shop at any US or UK merchant.
Commentary
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Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge