The smartphone era's electronic payment possibilities have led Joint Electronic Teller Services to join the battle with other mobile payment providers.Monday, 14 October, 2013, 4:31am
Many factors contribute to the success of today's leading banks, foremost among them is the ability to anticipate and incorporate change. Whether that is a matter of adopting internet technologies, introducing new investment choices, or setting higher standards of customer service, the key is to embrace innovation without forgetting the importance of core corporate values.24 Feb 2012 - 12:00am
ATMs are a huge convenience. They also come with fees that can be hidden or are often difficult to understand and compare. Most people just accept them.
There are about 16 million ATM cards in Hong Kong - used 136.4 million times in 2010. Those fees add up to substantial sums.25 Jul 2011 - 12:00am
Enterprising crooks in Beijing have been discovered placing fake automated teller machines in some of the capital's busiest shopping areas in an attempt to scam unsuspecting shoppers.
The sophisticated swindle allows con artists to copy and record details, such as those on a person's bank cards and PIN codes entered.22 Jun 2010 - 12:00am
To promote the use of digital signatures for electronic transactions, the Hong Kong Government yesterday named HiTrust and Jetco as the latest companies to be recognised as certification authorities.
Electronic certificates issued by these companies can be used to encrypt electronic transactions and will have the same legal recognition as handwritten signatures.30 Apr 2002 - 12:00am
If you are looking to switch to another bank following the new charges announced by HSBC, don't despair.
Of 13 banks surveyed by a South China Morning Post reporter looking to open a new Hong Kong dollar savings account, 10 said they would welcome small depositors.4 Apr 2001 - 12:00am
HSBC customers who withdraw cash from ATM machines more than twice a week may have to pay $5 for each additional use under a new charge reportedly being considered by the banking giant.20 Mar 2001 - 12:00am
Electronic commerce solutions provider iMerchants reported net profit of HK$1.52 million for the six months to September 30, mainly due to interest income of HK$10.11 million.
The Growth Enterprises Market-listed company recorded a net loss of HK$309,000 in the same period last year.14 Nov 2000 - 12:00am
Hong Kong's Internet service for initial public offerings (IPOs) this week survived its baptism of fire, with more than 77,078 applicants choosing to go online to subscribe Mass Transit Railway Corp shares.29 Sep 2000 - 12:00am
A year ago, Hong Kong's banking system seemed in mortal danger. Sky-high interest rates and the potential collapse of the currency peg threatened a spiral of deflation and default. How things have changed as Europe's largest banking group far exceeded profit estimates due to a perky little contribution from its Asian division.3 Aug 1999 - 12:00am
The Mass Transit Railway Corp (MTRC) has asked member banks of the Joint Electronic Teller Services (Jetco), the territory's largest network of automated teller machines, to install machines in MTR stations.
The move will break Hang Seng Bank's 17-year monopoly in the MTR network.23 May 1997 - 12:00am
Fidelity Investments said it has established partnership with two more banks enabling it to maintain the largest bank distribution network in Hong Kong.
The Bank of East Asia and Banco Delta Asia will offer Fidelity mutual funds in the territory and Macau.12 Sep 1996 - 12:00am
BANK of China Group (BOC) defended the reliability of its automatic teller machine (ATM) service after a break-down of its ATM linkage with Jetco, a network with more than 1,200 ATMs in Hong Kong.
Jetco was notified that there was an 'abnormal disconnection' between BOC's electronic data processing (EDP) unit and Jetco's computer from 4.18pm and 6.22pm last Sunday.19 Jul 1995 - 12:00am
WE'VE had a very interesting fax from Ramanathan Shivkumar, a chap who falls into that dangerous 0.001 per cent of the population who actually read things before they sign them.
He's been studying the terms and conditions for an account with ABN AMRO Bank NV, Hong Kong, the local office of the European banking giant.12 May 1995 - 12:00am
THOSE who enjoy scanning the list of High Court Actions published in the Post every day may have noticed a strangely-named but litigious company called Zenuna Ltd.
Excepting credit card firms and other personal finance companies, it has been one of the most persistent litigators in the territory, issuing 51 writs in less than 12 months.15 Mar 1995 - 12:00am