Cards & Payments

Maybank Singapore to launch all-in-one Mastercard

Maybank’s Platinum Debit MasterCard will allow cardholders to pay for public transport and purchase items at over 15,000 retail points.

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Maybank Singapore to launch all-in-one Mastercard

Maybank’s Platinum Debit MasterCard will allow cardholders to pay for public transport and purchase items at over 15,000 retail points.

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Citibank in Malaysia targets 100,000 new cardholders

Citibank Bhd expects to attract 100,000 new cardholders over the next three years with its newly-enhanced Giant-Citibank Credit Card.

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ICBC electronic banking reach turnover of over RMB100T in 1st half

ICBC electronic banking posted a turnover of over RMB 100 trillion during the first six months of this year, up 21.8% year-on-year. Of which...

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Safer and secure ATM transactions in Asia

ATM cards, especially those using magnetic stripes, are increasingly being exposed to sophisticated fraud attempts during transactions. Fraudsters...

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Bank Rakyat campaigns for credit card balance transfer

Bank Rakyat launched a credit card balance transfer campaign which allows over 200,000 holders of its credit cards to enjoy an annual profit rate of...

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Woori Bank set to spin off card business

The creation of Woori Card follows similar moves by the lender’s rivals.

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ICBC issues first American Express platinum card in China

Industrial and Commercial Bank of China and American Express are offering the CBC AE Platinum Credit Card, the first prestigious AE credit card...

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China's bankcard transactions total $27.9T in first half

Bankcard transactions in China during the first half of 2011 reached 178.6 trillion yuan or US$27.9 trillion U.S. dollars.

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Vietcombank customers can now trade stocks with VNDirect

Vietcombank will cooperate with VNDirect Securities Joint Stock Co for expanding the payment services via VCB-iB@nking channel. This allows customers...

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South Korea in tight watch of increasing dormant credit cards

Dormant credit cards, now about one fourth of the total issued, is on the rise in South Korea due to excessive issuances.

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Vietnam to impose ATM wage payments

Direct wage payments to employee bank accounts linked to automatic teller machine cards may be written into law, indicated the Department of Labour...

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Bank Mandiri adopts new Visa feature in credit cards

'Verified by Visa' feature combines e-commerce platform and security.

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Vietinbank to utilize SMS debt payment system

Vietinbank is demanding debt payment via SMS messages to help reduce its bad and late-paying debts as well as building the good habit of clearing...

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Maybank expects eDividend market share to increase from 30% to 70%

Maybank is confident of increasing its market share in the electronic dividend payment from 30% to 70% by 2013, with an expected transaction value of...

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Bank of China issues UnionPay dual-currency debit card in Thailand

Bank of China Bangkok became the first Chinese bank issuing the UnionPay dual-currency debit card in Thailand.

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Stanchart provides debit card for Malaysia's SMEs

Standard Chartered Bank Malaysia is now offering a business debit card for SMEs in Malaysia. Through the launch of the SME Business Debit Card, the...

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