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…...

1+ week, 5+ day ago   (296+ words) Banks are rethinking legacy technology spending and vendor strategies to free capital for AI whilst keeping operations resilient. Asian banks are under pressure to free technology spending for artificial intelligence as maintenance, security, and rising software costs consume most IT…...

2+ mon, 5+ day ago   (612+ words) The challenge in micro-lending is that small business data does not fit into standard banking templates. For a major corporation, getting a loan involves a predictable sequence of paperwork. The company provides audited financials, tax returns, and collateral, allowing the…...

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…...

2+ mon, 3+ week ago   (236+ words) Buyers can access insurance and Takaful protection through bancassurance financing. CIMB Bank Berhad has launched “First Car Solution”, an automotive financing program that promises competitive financing rates, as well as insurance, Takaful protection, and credit cards. First-time car buyers are…...

4+ mon, 4+ week ago   (221+ words) Nearly 3 in 4 of its “The Orange” or e-commerce-targeted card customers are aged 20 to 39. Over 2 in 3 of Hyundai Card’s customers in its “young adult premium lineup” of cards are aged 20 to 39 years old, it said. The South Korea-based card company’s ‘‘the…...