Cards & Payments

BCA to lose 300,000 credit card customers

Bank Central Asia is bracing for a loss of 300,000 of its credit card customers after the recent acquisition of retail chain Carrefour by Bank Mega.

BCA to lose 300,000 credit card customers

Bank Central Asia is bracing for a loss of 300,000 of its credit card customers after the recent acquisition of retail chain Carrefour by Bank Mega.

BIMB to grow Visa debit card members to 500,000

Bank Islam Malaysia Berhad is hoping to increase Visa debit card members to 500,000 in 2011.

Malaysian credit card guidelines hardly threaten bank incomes

Any reduction in spending arising from the new measures on credit cards, is unlikely to dampen the overall net interest income of banks, says OSK...

VietinBank provides budget collection service via Internet

VietinBank officially launched the state budget collection service via Internet.

Banknetvn and Korea's KFTC ink ATM service deal

Banknetvn and Korea Financial Telecommunications & Clearings Institute will have an inter-border ATM service connection.

MoneyGram partners with DongA Bank for Vietnam expansion

MoneyGram International expanded its presence in Vietnam by introducing the first money transfer platform with DongA Bank.

KBank warns against gangs demanding ATM money transfers

Kasikornbank is warning against gangs deceiving customers by claiming to  be officials of the Revenue Department, courts, police, and financial...

KB Kookmin Card aims to top competition

The bank will set eyes on product diversity and convergence with telecom sector.

StanChart Vietnam joins Smartlink network

Standard Chartered Bank Vietnam became the first international bank to join the Smartlink card alliance network.

Vietnam banks eye increased use of card payment services

Vietnam's commercial banks are now prioritising increased profits from card payment services. The domestic market now has 28.5 million bank cards...

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...