Cards & Payments
KT Corp to buy 20% BC Card stake
Woori and KT will sign an MOU as two parties will continue to negotiate purchase price.
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.
DBS, JCB International ink merchant acquiring services deal
JCB cardmembers enjoy wider card acceptance in Hong Kong, Macau while DBS provides merchant acquiring services.
SBI selects 2 US firms for POS terminals
Lender picks Visa International and Elavon to distribute 600,000 POS terminals over the next 5 years.
ATM suppliers in Asia note brisk sales despite global crisis
Consumers want more from their ATMs aside from cash.
NCR named global leader in multivendor ATM software
Firm’s comprehensive software portfolio and services capabilities have helped more lenders reduce costs and grow revenue.
Maybank eyes 60% debit card transactions growth
71% jump in debit billings over past 6 months encouraged lender to target $733mln transactions.
ICBC posts 33% growth in credit cards issued
ICBC card spending grew 76% in 2009 that made it world's fourth largest credit card issuer.
Siam Commercial retains strict requirement on personal loans
Minimum monthly income of $452 is still required by lender for personal loans and credit cards.
Mandiri partners with Indian bank for remittance operations
Tie-up between Mandiri and SBI Indonesian unit aimed to capitalise on numerous Indians working overseas.