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  • October 24, 2014
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  1. Business - Economy - OCCUPY CENTRAL

    Occupy protests have hit credit-card spending, warns Financial Secretary John Tsang

    Posted Oct 20th 2014, 05:41am by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com Financial secretary says retail and catering industries in occupied areas are suffering Credit-cardspending hitby protests,Tsang warns Credit-card spending has ... "Overall credit-card spending has dropped considerably." The impact would soon be reflected in short- and medium-term economic data, Tsang said. While the financial market remained stable, ...

  2. News - World - CYBER ATTACK

    Russian held in US faces more credit card data hacking charges

    Posted Oct 10th 2014, 08:59pm by AFP

    ... alleging he led a scheme to steal some two million credit card numbers. Roman Seleznev, the son of a Russian lawmaker, now faces 40 criminal counts including wire fraud and identity theft, the US ... and sales of credit card data. Seleznev, 30, was arrested in July, to face charges in a prior indictment. He and his partners hacked into computer payment systems and stole credit card numbers from ...

  3. News - World - SECURITY

    Medical records worth more than your credit card to hackers, say security experts

    Posted Sep 25th 2014, 09:26pm by Reuters

    ... Reuters in New York and Boston Medical files worth more than credit card to hackers Your medical information is worth 10 times more than your credit card number on the black market. Last ... times the value of a US credit card number, according to Don Jackson, director of threat intelligence at PhishLabs, a cybercrime protection company. He obtained the data by monitoring ...

  4. Business - China Business - CREDIT

    Chinese regulators keep foreign credit card issuers on tight leash

    Posted Jul 14th 2014, 03:09am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com International credit card companies face obstacles on the mainland as regulators uphold restrictions on overseas firms Foreign card issuers on tight leash in China Creative branding will only take foreign credit card issuers on the mainland so far, experts said, so long as Beijing upholds strict controls on outside players in the domestic ...

  5. News - World - Russia-US relations

    Moscow accuses US of abducting Russian MP’s son over US$1 million credit card hacking fraud

    Posted Jul 09th 2014, 10:07am

    ... credit card numbers Moscow accused Washington on Tuesday of abducting the son of a Russian lawmaker who was arrested in the Maldives on suspicion of being one of the world’s most prolific traffickers of stolen credit card details. A Russian legislator who admitted to being the suspect’s father expressed fear that Roman Seleznev, who is now being held in the American territory of Guam, ...

  6. Business - Banking & Finance - BANKING

    Big bank battle is on the cards

    Posted Jun 05th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com The city's five largest lenders are fighting to keep their customers as outsiders take them on in areas like credit cards and mortgages Big bank battle ... those from the mainland. Credit card and mortgage services are already the two main areas these rival banks compete in, but industry watchers warn that profits will not come easily. Retail ...

  7. Business - Money - CREDIT CARDS

    The (low) price of credit card loyalty

    Posted Mar 04th 2013, 12:00am by Nicky Burridge

    ... Nicky Burridge What promotions and gifts are attached to each credit card? We look at the main incentive plans and find that the offerings can be a bit thin The low rewards of loyalty Credit cards do more than offer credit. They radiate aspiration- the top ones come with names like Ultima, Platinum and Infinite- and they come with perks. And it is for the perks that people ...

  8. Business - Money - CONSUMER FINANCE

    Why don't banks give credit where it is needed?

    Posted Jan 21st 2013, 12:00am by JENNI MARSH

    ... working in Japan, HSBC would only offer the couple a joint credit card with a limit of HK$40,000, despite the balance on their savings account being 10 times that amount. "The limit ... ones. A growing number of Hong Kong expats with unblemished credit records, little debt, permanent employment contracts and respectable salaries find it difficult to obtain a credit card at all- ...

  9. News - Hong Kong - COURTS

    Model jailed three years for spending HK$340,000 on lover's credit card

    Posted Oct 31st 2012, 12:00am by Jennifer Cheng

    ... Jennifer Cheng jennifer.cheng@scmp.com Man buys 58 iPads without shops realising that his name isn't 'Yvette' Model gets jail for use of lover's credit card A male model was jailed for three years yesterday for spending HK$340,000 on his lover's credit cards to buy iPads by the dozen and other gadgets, which he then resold. Koo Chi-nga, 35, had ...

  10. Business - Money

    HSBC to refund credit card cash withdrawal fees for UnionPay card users

    Posted Jun 22nd 2013, 02:24am by Anna Healy Fenton

    ... customer complaints, HSBC has agreed to refund the fees if you have no option but to use your credit card to get cash overseas. To recap on the ongoing saga of HSBC’s change to chip ATM cards ... banking headquarters refused to believe their own manager was who he said he was, so no dosh.         It goes on and on. HSBC says you can still access the Cirrus network via your credit card ...




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