Cards & Payments

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.

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.

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.