Cards & Payments
MoneyGram partners with DongA Bank for Vietnam expansion
MoneyGram partners with DongA Bank for Vietnam expansion
MoneyGram International expanded its presence in Vietnam by introducing the first money transfer platform with DongA Bank.
KBank warns against gangs demanding ATM money transfers
Kasikornbank is warning against gangs deceiving customers by claiming to be officials of the Revenue Department, courts, police, and financial...
KB Kookmin Card aims to top competition
The bank will set eyes on product diversity and convergence with telecom sector.
StanChart Vietnam joins Smartlink network
Standard Chartered Bank Vietnam became the first international bank to join the Smartlink card alliance network.
Vietnam banks eye increased use of card payment services
Vietnam's commercial banks are now prioritising increased profits from card payment services. The domestic market now has 28.5 million bank cards...
KTB to cut on outside area fee rate
Krung Thai Bank is going to reduce its outside area transfer and withdrawal’s fee to 15 baht for customers conducting transactions through the Bank’s...
Card transactions up 32% in Vietnam
Total card transactions made tremendous growth in Vietnam in 2010 against five years ago when the first one was conducted.
Hong Leong new credit card to offer cash
Hong Leong Bank launched the first-to-market credit card to offer customers real cash.
VietinBank offers online payment for airline tickets
Vietnam Airlines joined forces with VietinBank to introduce an online payment facility for customers through the E-Partner debit card.
KB Financial approved for credit card unit spinoff
South Korea's financial watchdog approved KB Financial to spin off credit card operations from its flagship Kookmin Bank.
Hicks appointed president for Global Payments Asia Pacific
Global Payments Inc. appointed James R. Hicks as President of Global Payments Asia Pacific, responsible for its activities in the region. Mr. Hicks...
VietinBank's remittance service covers over 15% market share
The total amount of remittance transferred to Vietnam is estimated at about $8 billion. Of which, the total inward remittance sent to Vietnam via...
KT to acquire 20% of BC Card from Woori
KT seeks to take advantage of increasing use of mobile devices for payments, whose transactions amount to $37.4bn.
Bank Rakyat unveils first Islamic debit card
Orchid Card can be used with Mastercard Worldwide network for retail purchases, withdrawals and online transactions.
Korea's credit card loans jump 38% in 2010
Loans extended by South Korean credit card companies surged in 2010 as they beefed up cash lending to offset falling earnings from credit purchases.
UOB taps IndusInd Bank for rupee payments to India
United Overseas Bank Limited has partnered IndusInd Bank to offer an affordable and convenient way to remit money to India. The tie-up will enable...
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