Cards & Payments

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.

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.

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.

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.

Bank Mandiri, Garuda agree on joint promotion

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

ICBC promotes consumer upgrade with innovative payment services

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

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.

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.

Maybank targets double digit remittance growth

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

Vietnam ATMs overwhelmed by numerous users

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

Bank Mandiri and BCA start ATM interconnection

Mandiri’s alliance with Prima made the interconnection possible.

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.

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. This will help...

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.

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.

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. It will also...

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...

Garuda, Bank BPD Yogyakarta cooperate on ticket sales

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