Cards & Payments
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...
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...
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.
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