Cards & Payments
Number of China's bank cards on the rise
Around 3.23 billion bank cards were issued in China as of the end of the second quarter.
Number of China's bank cards on the rise
Around 3.23 billion bank cards were issued in China as of the end of the second quarter.
Visa prepares for e-payments in Myanmar
Visa has stared a series of training workshops to prepare selected local banks for the introduction of electronic payments in Myanmar.
Indian ATMs to double; accept deposits
Indian banks have been asked to double the number of ATMs and upgrade it cash collecting machines.
AMMB targets up to 12% net profit
AMMB Holdings is targeting an annual net profit of between nine and 12 percent for the next three years.
Hong Leong Islamic targets $64M debit card deposit
Hong Leong Islamic expects its debit cards to increase total deposits from RM75 million to RM200 million or US$64.13 million.
BNI upbeat on 40% credit card growth
Bank Negara Indonesia anticipates a 40 percent growth in its credit card transaction value in 2012 as it intensifies cooperation with merchants and...
Krung Thai Bank pilots corporate cash card
KTB will help companies manage their cash flow and reduce the risk of their payees holding cash through its new corporate cash card.
BNI upbeat on 40% credit card growth
Bank Negara Indonesia anticipates a 40 percent growth in its credit card transaction value in 2012 as it intensifies cooperation with merchants and...
WTO rules in favor of China on payment card dispute with US
China welcomed a WTO ruling dismissing U.S. accusations that China's Union Pay barred foreign service providers from entering the Chinese market.
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...