Cards & Payments
Korea's credit card loans jump 38% in 2010
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...
Deutsche Bank obtains 11 bids for India credit card unit
Banking giants ICICI Bank and Standard Chartered are among the 11 interested.
5,000 customers applying for National Australia Bank compensation
The claims seek to recover any third-party costs customers face from online transactions following technical failure.
India’s Union Bank to unveil mobile payment services
Partnership with Nokia and Obopay allows users to store money safely, to send money and to make payments across locations.
ICICI Bank offers cross-border remittance services
I-Express opens access through network of over 2,500 branches and 5,600 ATMs, and 55,000 Visa-enabled ATMs.
KT Corp to buy 20% BC Card stake
Woori and KT will sign an MOU as two parties will continue to negotiate purchase price.
Public Bank and Esso Mobil launch co-brand cards
The PB-Esso Mobil Visa Gold Credit and Debit Cards, launched at the Esso service station in Jalan Ampang, Kuala Lumpur, focus on the needs of drivers...
Hong Kong RTGS incorporates real-time features to SwiftNet
Move enhances lenders' interoperability by using uniform standard to process domestic and international payment.
DBS and PayPal enhance global online shopping experience
Collaboration enables DBS/POSB customers to replenish PayPal accounts for online shopping without credit card.
Taishin launches ATM service for Chinese nationals
Lender is one of 18 enabled to dispense cash for China UnionPay users.
DBS introduces new card design
The bank releases a new card design featuring Singapore’s skyline.
Bank of Shanghai strikes deal with China Mobile
Agreement will enable Bank of Shanghai to promote China Mobile's mobile payment services.
MasterCard collaborates with Bank of China for MoneySend
Tie-up brings product to China to make money transfer simpler and more efficient for their cardholders.
EMV standards body to host annual user meeting
Forum to provide update on technical advances of the EMV standard and future developments.
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1. ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b 2. MUFG breaks ground on new HQ with 2030 target completion 3. Japanese banks bet billions on Indian finance, tech growth 4. Philippines cash holds 42% of POS payments despite e-wallet rise 5. What will drive South Korea’s digital banking to rise 9.7% through 2030?Resource Center
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