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Asian Banking & Finance - The Latest News, Analysis, Profit Results, Share Price Information, and Commentary. Asian Banking & Finance covers all Asia business, economic, investment, fintech, bank, finance news, and more.
- 1,028articles · 365d
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- Sep 16, 2025earliest in window
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- Finance & Business 1,013
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News
CBA cuts merchant service fee to 0.99%
6+ day, 2+ hour ago (172+ words) CBA expects this to help businesses with costs, as card surchaging is set to end in October. The Commonwealth Bank of Australia (CBA) is reducing its merchant service fee to 0.99% per transaction for in-store payments from 1 October 2026. The fee was…...
Hyundai Card's Apple Pay cards find their home with teens and twenties
2+ mon, 1+ week ago (118+ words) Nearly 7 in 10 of new applicants for the card are in this demographic. The majority of Hyundai Card’s six new Apple Pay-tied cards are held by teens and twenties. Meanwhile, 31% were existing Hyundai Card customers. Hyundai Card launched the six new…...
Hong Kong credit card balances rise as revolving lines fall
2+ mon, 3+ week ago (267+ words) Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink. Hong Kong’s consumer credit market recorded divergent movements across product types in the first quarter of 2026, with credit cards and personal loans posting balance growth whilst revolving lines…...
TransUnion offers free credit report to HK residents who lose their HKID
3+ mon, 1+ day ago (138+ words) They can schedule an appointment online within 30 days of the loss. TransUnion is launching a one-time free credit report per year for eligible individuals who lost their Hong Kong Identity Cards (HKID). Affected individuals can claim their report by scheduling…...
Union Bank of the Philippines revises credit card rewards scheme
5+ mon, 2+ day ago (148+ words) Select credit cards earn 1 point for every PHP150 spent, from 1 per PHP60 previously. Union Bank of the Philippines (UBP) has announced changes to miles and points earned from PayDirect transactions. Beginning 1 June 2026, holders of the UnionBank Rewards Credit Card, UnionBank Miles+ Credit…...
Australia to scrap card surcharges in October
5+ mon, 1+ week ago (293+ words) The RBA noted businesses charging the same rate on all cards. Australia’s central bank is removing surcharges on debit, prepaid, and credit cards on designated eftpos and card networks, saying that it no longer achieves its original purpose. Separately, the…...