Cards & Payments

Sri Lanka's ComBank links ATMs to China UnionPay

The more than 500 ATM terminals in Sri Lanka of the Commercial Bank of Ceylon can now be utilized by holders of UnionPay credit and debit cards. Read ››

VietinBank expands online Western Union service

VietinBank has expanded its Western Union Online through its IPay system. Read ››

Maritime Bank appointed service bank for expressway project

Maritime Bank has been appointed as the service bank for the Da Nang – Quang Ngai Expressway Project by the State Bank of Vietnam. Read ››

Vietnamese banks to charge ATM fees

Vietnamese banks are seeking to introduce ATM charges to avoid big losses on ATM services. Read ››

StanChart, Garuda ink deal to boost expansion

Standard Chartered Bank will collaborate with Garuda to enhance the latter's Garuda Frequent Flyer customer loyalty program. Read ››

Indonesian credit-card holders reach 14.5 million

Credit cards issued in Indonesia increased to 14.58 million in February from 13.8 million over the corresponding period last year. Read ››

Mutiara expects improved value as part of BCA's ATM network

Bank Mutiara is expecting its value to increase by joining the ATM network of BCA. Read ››

Indonesia's BCA to add up to 3,000 ATMs this year

BCA will add between 2,500 to 3,000 ATMs throughout the country this year, according to its executive director Jahja Setiatmadja. Read ››

Thai ATMs to shut down briefly

Kasikornbank and CIMB Bank Thai will temporarily suspend electronic banking services this weekend for a major systems upgrade. Read ››

Danamon launches Manchester United cards

Bank Danamon launched Manchester United debit and ATM cards with benefits ranging from shopping deals to watching the team’s matches live. Read ››

Sacombank inks remittance payment deal

Sacombank hopes to expand remittance payment services for local individual customers with its new deal with Coinstar Money Transfer. Read ››

Lao, Thai banks extend cross-border ATM services

Phongsavanh Bank and Bangkok Bank have signed and launched a cross border ATM link project with the Processing Center Company Limited. Read ››

HK's credit card receivables up 10.9% in 4Q

Hong Kong's total credit card receivables went up 10.9 percent to US$13 million in the fourth quarter of 2011 from a year earlier. Read ››

Company logos may now appear on Maybank Singapore credit card

Maybank Singapore became the first bank to include an option for companies to feature their company logo and name on a business credit card. Read ››

Bank Mandiri, Garuda agree on joint promotion

Garuda Indonesia signed an MoU with Bank Mandiri on joint promotion. Read ››

ICBC promotes consumer upgrade with innovative payment services

THe total value of transactions using ICBC bank cards surpassed RMB 3.2 trillion. Read ››

ICBC's number of ATMs up to 52,000 by end of 2011

ICBC installed 11,000 ATMs last year to push its total number to 52,000 ATMs in service by the end of last 2011. Read ››

Korean credit card spending up to KRW 540 T in 2011

Increase in card loans pushed South Korea's credit card spending to KRW540 trillion or US$478.5 billion in 2011. Read ››

Maybank targets double digit remittance growth

Maybank is targeting a double digit growth in the remittance business for financial year 2012. Read ››

Vietnam ATMs overwhelmed by numerous users

Vietnam's banks have to intensify measures in coping with a sudden surge in withdrawals at their ATMs. Read ››

Bank Mandiri and BCA start ATM interconnection

Mandiri’s alliance with Prima made the interconnection possible. Bank Mandiri and Bank Central Asia, two of Indonesia’s largest lenders, are expected to have their automatic teller machine system interconnection up and running Monday.. Read ››

Bank of China, Mizuho eye RBS assets

Bank of China and Japan's Mizuho Financial are among the banks eyeing parts of the Royal Bank of Scotland. Read ››

Kisan credit cards to double up as debit cards

The nearly 10 crore farmers who hold kisan credit cards will soon be able to use their card as a deposit account and a debit card. Read ››

China cross-bank card transactions hit record high in New Year

China's cross-bank card transaction surged 35 percent year-on-year to a record high during the three-day New Year holiday. Read ››

ICICI Bank launches the first dual Platinum Credit Card

ICICI Bank launched the ICICI Bank Rubyx – India’s first Platinum Credit Card with dual card benefits. Read ››

Vietnam encourages credit card payments

Vietnam will develop credit card payment services with the aim of reducing the quantity of cash in circulation to 11 percent by 2015. Read ››

ICBC rolls out fast service for small payments

ICBC rolled out an online fast service for small payment that enables customers to make small payments for online shopping or other e-commerce activities. Read ››

Garuda, Bank BPD Yogyakarta cooperate on ticket sales

Garuda Indonesia and Bank BPD Yogyakarta have signed an MoU for ticket purchases. Read ››

Four Aussie banks to get sued for exorbitant fees

Four Australian banks will face a class suit for charging exorbitant fees. Read ››

Public Bank, Visa target affluent customers

Public Bank and Visa is now offering a premium card to help affluent customers enjoy the finer things in life. Read ››

Maybank targets to lead region's electronic banking transactions

Newly launched Maybank eCustody to provide the "final link" in the group's overall electronic banking offering to clients. Read ››

Court rules against ANZ on late credit card fee charges

Australia's Federal Court has found late fees charged on the cards could be characterised as a penalty and may be legally unenforceable. Read ››

Bangkok Bank increases ATM readiness at public transport stations

Bangkok Bank increased maintenance of its ATMs at public transport stations, including the BTS and MRT. Read ››

Find the nearest ATM with your iPhone

GRGBanking just launched its first iPhone app “ATM Finder”. Simply by using your iPhone, you can easily search and locate ATM and bank branch. Read ››

ABC's credit card intermediary services income up 128%

ABC realized a credit card income of RMB6.55 billion in the first three quarters this year. Read ››

Vietpay to join hands with Vietcombank

Vietcombank and Vietpay have entered a partnership to launch the new "VCB-eTopup" electronic top-up service. Read ››

China issues 2.81 billion bank cards by end of September

China issued 2.81 billion bank cards as of the end of the third quarter, up 4.9 percent from the end of June. Read ››

Indonesia’s central bank mulls establishing e-money watchdog

Bank Indonesia raises concern on regulating e-money transactions for consumer safety. Read ››

Garuda, Bank Muamalat ink deal on ticket sales

Garuda Indonesia will provide special corporate fares for Bank Muamalat’s employees and Bank Muamalat will open package tours with special prices facilitated by the Garuda Indonesia Holiday program. Read ››

OCBC launches designer credit cards

There are over 130 designs available for ‘FRANK by OCBC’ credit cards. Read ››