Cards & Payments
Techcombank, Vietnam Airlines launch credit card
Techcombank, Vietnam Airlines launch credit card
                                                                                                 
                        
                          	Techcombank has introduced their new international credit card for high-class passengers who usually travel on Vietnam Airlines’ flights
                    
                                        
                    
                Agreement to boost mobile banking in the Philippines
                                                                                                 
                        
                          	The Philippines and the United States have entered into an agreement that will give Filipinos more access to mobile banking and payment services.
                    
                                        
                    
                Electronic fund transfers in India to become free
                                                                                                 
                        
                          	The Indian government urged the Reserve Bank to find a way in making electronic fund transfers free of charge.
                    
                                        
                    
                Maybankard Visa cardholders get free shipping
                                                                                                 
                        
                          	Maybankard Visa debit or credit cardholders can enjoy free shipping cost of up to US$25 (RM76) when they shop at any US or UK merchant.
                    
                                        
                    
                Shinhan Card market share eroded
                                                                                                 
                        
                          	Shinhan Card’s supremacy in the credit card market has eroded due to the aggressive marketing from rivals.
                    
                                        
                    
                ATMs, credit cards finally useful in Myanmar
                                                                                                 
                        
                          	Private banks in Myanmar have begun rolling out ATMs with more ambitious plans are in the works.
                    
                                        
                    
                Police tells Malaysian banks to set up security system for ATMs
                                                                                                 
                        
                          	The Malaysian police suggested that banks set up a central security control system to monitor every ATM to detect any undesirable activities.
                    
                                        
                    
                S. Korea crafts new ATM withrawal system against voice phishing
                                                                                                 
                        
                          	Cash withdrawals of 3 million won or more at South Korea's ATM machines will not be possible until at least 10minutes after the money has been wired...
                    
                                        
                    
                KTC cancels inactive credit cards
                                                                                                 
                        
                          	Krungthai Card has cancelled about 40,000 inactive credit cards to cut operating costs.
                    
                                        
                    
                SBI launches cards for high net individuals
                                                                                                 
                        
                          	SBI Cards launched a 'signature' card targeted at the high net-worth individuals.
                    
                                        
                    
                VietinBank deploys Western Union via SMS
                                                                                                 
                        
                          	VietinBank becomes the first bank in Asia to successfully deploy Western Union money transfer via SMS.
                    
                                        
                    
                Direct yen-yuan trading to begin this week
                                                                                                 
                        
                          	China has taken a key step towards making the yuan or renminbi a truly global currency.
                    
                                        
                    
                India's Axis Bank forges remittance tie up with Bahrain's Ahli United Bank
                                                                                                 
                        
                          	Any account holder with Ahli United Bank in Bahrain may now be able to wire money to an Axis Bank account holder in India using the Internet banking...
                    
                                        
                    
                Bank cards mainly used in Vietnam for cash withdrawal
                                                                                                 
                        
                          	Bank cards are mainly used for cash withdrawal in Vietnam, with 82% of the total transaction value conducted via the ATM system.
                    
                                        
                    
                South Korean banks struggle against massive household debt
                                                                                                 
                        
                          	Government and banking sector moves to reduce household debt begin to pay off
                    
                                        
                    
                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.
                    
                                        
                    
                VietinBank expands online Western Union service
                                                                                                 
                        
                          	VietinBank has expanded its Western Union Online through its IPay system.
                    
                                        
                    
                 
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
								 
						 
								 
						 
								 
								 
						 
						 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                