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Battle looms over Visa's curbs on UnionPay
Posted Jun 04th 2010, 12:00am by Staff Reporter
... cent in transaction fees compared with Visa and MasterCard. Retailers in Hong Kong settle payments with shoppers in yuan through UnionPay's system, hence the credit-card holders save ...
http://www.scmp.com/article/716183/battle-looms-over-visas-curbs-unionpay -
Banks' move to electronic statements offset by greater flood of junk mail
Posted Nov 29th 2009, 12:00am by Staff Reporter
... me a loan, a large, glossy postcard inviting me to acquire another credit card and an invitation to buy mutual funds, also richly printed on several sheets of paper. So, as well as throwing ...
http://www.scmp.com/article/699754/banks-move-electronic-statements-offset-greater-flood-junk-mail -
Mainland credit card debt surges
Posted Dec 01st 2009, 12:00am by Staff Reporter
... Credit Credit Card Daniel Ren in Shanghai Unpaid credit card debt on the mainland has surged 126.5 per cent this year, prompting Beijing to warn banks to ease back on aggressive marketing tactics that encourage people to sign up for new cards. By the end of September, 7.43 billion yuan (HK$8.43 billion) of credit card debt was at least six months overdue, the People's Bank ...
http://www.scmp.com/article/699928/mainland-credit-card-debt-surges -
Law aimed at equality for bank borrowers
Posted Oct 14th 2009, 12:00am by Staff Reporter
... that mainland commercial banks were shouldering 4.97 billion yuan in unpaid credit card debt at the end of the first quarter of this year, an increase of 133.1 per cent year on year. PBOC deputy ...
http://www.scmp.com/article/695303/law-aimed-equality-bank-borrowers -
Five simple steps to curtail spending
Posted Nov 17th 2007, 12:00am by Staff Reporter
... there is no substitute for prudent financial management. And that does not mean using one credit card to pay off another or taking out a bank loan to pay off various accumulated debts. There are five tell-tale ...
http://www.scmp.com/article/615903/five-simple-steps-curtail-spending -
Citibank slowdown in plastic spending
Posted May 25th 2012, 12:00am
... Citigroup Credit Card Citibank Credit Card Business Anita Lam anita.lam@scmp.com Citibank saw growth in credit card spending in Hong Kong slow in the second quarter, with retail sales in April ...
http://beta.scmp.com/article/1001946/citibank-slowdown-plastic-spending -
News - Asia - AUSTRALIA
Police bust Australia’s biggest credit card scam
Posted Nov 29th 2012, 11:15am by Agence France-Presse in Sydney
... News Asia Australia credit card scam Agence France-Presse in Sydney A Romanian syndicate allegedly responsible for the biggest credit card data theft in Australian history has been smashed, police said on Thursday. An international investigation saw seven people charged in Romania with stealing the details of about 30,000 credit cards and using the information to buy goods ...
http://www.scmp.com/news/asia/article/1093699/police-bust-australias-biggest-credit-card-scam -
Too much credit?
Posted Mar 18th 2006, 12:00am by Staff Reporter
... Credit Card Credit Card Fraud Credit Credit Cards Credit History Credit Card Hong Kong has one of the highest penetration rates in the world for credit card companies. As a result, many people are accumulating debts. Is it too easy to obtain a credit card here? Share your views. Write to us ...
http://www.scmp.com/article/540929/too-much-credit -
Business - Banking & Finance
Citi heats up China credit cards
Posted Sep 20th 2012, 10:14am by Doug Young
... with global credit card giant MasterCard (NYSE: MA) and China's UnionPay, was granted permission last month to become the first foreign bank to issue its own credit cards in China, and officially ...
http://www.scmp.com/business/banking-finance/article/1041303/citi-heats-china-credit-cards -
Assurance on online payments
Posted Sep 12th 2007, 12:00am by Staff Reporter
... Credit Card Credit Cards Payment Systems Credit Card Business Yvonne Tsui Electronic payment service providers and banks have rushed to assure customers their online transactions were secure after a court heard that a man spent more than HK$11,000 over the internet on credit card numbers he had invented. District Court Judge Ada Yim Shun-yee said on Monday that the offence ...
http://www.scmp.com/article/607542/assurance-online-payments
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