Cards & Payments
MAS-Maybank's debit card promotion grows significantly
MAS-Maybank's debit card promotion grows significantly
Malaysia Airlines and Maybank's partnership to promote debit card use for online air ticket purchases grew 195 per cent in billings and 145 per cent...
FinatiQ to cease operations
As an online-only service provider of OCBC Bank, FinatiQ could no longer meet the growing needs of the bank's customers and will cease business on...
ICBC chip cards surpass 11 million
ICBC chip cards have surpassed 11 million as of the end of March this year.
Korea to intensify credit card supervision
South Korea's Financial Supervisory Service is tightening supervision of credit card companies on worries that their easy loans may lead to default...
Maybank targets debit card spending
Maybank is eyeing a 100 per cent growth for customers' debit card spending in the current financial year. The bank will popularise debit card use...
Malaysian card issuers to use SMS in transaction alerts
Malaysian card issuers will be implementing transaction alerts via short messaging service to their cardholders in the case of certain types of...
Sacombank deploys FIS's payment processing solution
Sacombank has deployed FIS' IST/Switch payment processing solution, enabling the bank to expand its ATM network by more than 15%.
SmartVista e-payment implemented in ABBANK
BPC Banking Technologies completed the first phase of a project to implement its SmartVista e-payment solution in ABBANK.
BIDV provides online payment for Vietnam Airline tickets
BIDV and Smartlink Card Services will provide online payment services for Vietnam Airline tickets to customers using ATM post-paid cards.
OCBC Bank Malaysia joins MEPS network
The lender’s entry to the network waives fees in ATM withdrawal via any OCBC branch in Singapore and Indonesia..
StanChart unveils debit card for SMEs
The card provides different limits, flexibility in transaction, high daily cash withdrawal and access to complimentary privileges for card holders.
Mandiri boosts cards with Garuda deals
Bank Mandiri joined hands with Garuda Indonesia to offer free tickets for international travel to certain destinations.
KB Kookmin Card to tap college student market
The company aims to capture debit card leadership through Kookmin Bank’s Rock Star Zone.
Union Bank Of India and Nokia unveils mobile payment services
Collaboration to focus on Indians with no bank accounts, providing them access to financial services through their mobile phones.
BCA to lose 300,000 credit card customers
Bank Central Asia is bracing for a loss of 300,000 of its credit card customers after the recent acquisition of retail chain Carrefour by Bank Mega.
BIMB to grow Visa debit card members to 500,000
Bank Islam Malaysia Berhad is hoping to increase Visa debit card members to 500,000 in 2011.
Malaysian credit card guidelines hardly threaten bank incomes
Any reduction in spending arising from the new measures on credit cards, is unlikely to dampen the overall net interest income of banks, says OSK...
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