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Byline: Ankush Chibber NCR Corp. on Jan. 5 joined with social organizations in India to launch an ATM designed to accommodate the blind. India-based Xavier's Resource Centre for the Visually [...]

Byline: Ankush Chibber In an unprecedented move, South Korea's telecommunication regulator is partnering with mobile-phone operators and card networks to test a near field communication-based mobile-payment system on the country's [...]

Byline: Ankush Chibber Buoyed by the fast uptake of smartphones and tablets in South Africa, First National Bank Ltd. says it has become the first financial institution in that country [...]

Byline: Ankush Chibber Verification using India's national biometric identification system could provide a second level of authorization to secure card-present transactions with magnetic stripe cards under a proposal outlined in [...]

Byline: Ankush Chibber To speed up checkout times for small-ticket transactions, a pilot program under way at the Australian retail chain Coles Supermarkets is enabling holders of EMV chip-and-PIN credit [...]

Byline: Ankush Chibber Axis Bank Ltd. launched a reloadable prepaid card for children that parents can manage remotely. The issuer designed the Rcard for children who live away from home, [...]

Byline: Ankush Chibber The Central Bank of Nigeria will not again extend the operational deadline for the 16 companies it has granted in-principle approval to offer mobile payments in the [...]

Byline: Ankush Chibber Australian credit card debt has climbed to a record high, with total outstandings reaching $52 billion in March, up 4.7% from a year earlier, according to the [...]

Byline: Ankush Chibber Cash, not cards, remains the most widely used payment instrument in Australia for low-value payments, a study for Reserve Bank of Australia concluded. Cards, however, dominate midvalue [...]

Byline: Ankush Chibber Citibank Malaysia and Shell Malaysia have revamped the cobranded Visa credit card they launched in 2007. Media reports indicated that the two companies decided to redesign the [...]

Byline: Ankush Chibber Debit card use in Malaysia this year should overtake credit card use, thanks to new rules governing credit card issuance in the country, according to the Association [...]

Byline: Ankush Chibber National Payments Corp. of India plans to link Rupay, India's soon-to-be-launched domestic payments card, with the country's Aadhaar resident identification program. First conceptualized in 2008, the domestic [...]

Byline: Ankush Chibber Visa Inc. last week completed a trial of mobile contactless payments in Australia in collaboration with ANZ Banking Group Ltd., Vipin Kalra, Visa's country manager for Australia, [...]

Byline: Ankush Chibber Central Bank of Nigeria is considering introducing biometric cards to combat automated teller machine fraud. Bank Gov. Mallam Sanusi Lamido announced this possibility Thursday during the institution's [...]

Byline: Ankush Chibber Card issuers in New Zealand have come under immense backlash from both the general public and government officials after cardholders in the earthquake-stricken Christchurch area reportedly received [...]

Byline: Ankush Chibber Union Bank of India Ltd. has released a request of proposal for the outsourcing of installation and maintenance of 1,000 automated teller machines. The Mumbai bank is [...]

Byline: Ankush Chibber China UnionPay has signed an acceptance agreement with Citigroup Inc. for UnionPay cards to be accepted in seven other Asian nations, a representative for China's bank-card association [...]

Byline: Ankush Chibber India Post, the country's state-owned postal service, has begun enabling customers to conduct and pay for postal services online. Launched March 10 by the Communications and Information [...]

Byline: Ankush Chibber Seven Bank Ltd. has signed an agreement with Western Union Co. to offer Western Union's funds-transfer services in Japan. Under the agreement, announced March 10, Seven's customers [...]

Byline: Ankush Chibber Illustrating the improved access they have to their bank accounts, consumers in India last year withdrew $6.1 billion from ATMs deployed in the country, up 142% from [...]

Byline: Ankush Chibber MUMBAI - A company that enables India's banking customers to conduct instant interbank mobile funds transfers is planning to extend the service to let them pay for [...]

Byline: Ankush Chibber Axis Bank Ltd. has launched a Visa-branded prepaid card in India designed for tourists. The India Travel Card initially will be available at some Axis branches and [...]

Byline: Ankush Chibber The Asian Development Bank reportedly has asked Philippines President Benigno Aquino 3rd to consider giving tax breaks to credit-card holders to encourage card use. A report in [...]

Byline: Ankush Chibber PayPal Inc. has changed its user agreement for Indian customers in accordance with a notification from the Reserve Bank of India. In a Jan. 29 e-mail sent [...]

Byline: Ankush Chibber The Reserve Bank of India has changed to Feb. 1 the deadline it had set for banks in the country to add a second layer of security [...]

Byline: Ankush Chibber Credit-card holders in India became subject as of Jan. 1 to entering a passcode whenever they make a transaction by phone, under a new regulation. Banks in [...]

Byline: Ankush Chibber The Australian payments industry expects to reduce card fraud losses through a continuing migration to chip technology on payment cards, but fraud losses are rising during the [...]

Byline: Ankush Chibber Deutsche Bank India Pvt. Ltd. reportedly plans to leave India's credit card market. It has received about 11 bids for its Indian card business, including from ICICI [...]

Byline: Ankush Chibber The Auckland Regional Transport Authority is in talks with Visa Inc. to expand the function of the new 'super ticket' system that the agency has planned for [...]

Byline: Ankush Chibber A consumer group in Australia is criticizing Qantas Airways Ltd.'s plan to raise the card surcharge it imposes on purchases of international flights. Qantas will increase the [...]

Byline: Ankush Chibber HSBC Bank Egypt has launched a Visa-branded debit card for its Platinum and Advance savings account customers in Egypt. The EMV chip-and-PIN card requires cardholders to enter [...]

Byline: Ankush Chibber ANZBank Ltd. has launched the ANZ Rugby World Cup MasterCard credit card - New Zealand's first contactless credit card. Holders of the card, which adheres to the [...]

Byline: Ankush Chibber Citigroup Inc. has begun offering a suite of credit card services for consumers from overseas countries living in South Korea, its Citibank Korea business said. Under the [...]

Byline: Ankush Chibber State Bank of India Ltd. plans to offer merchant acquiring services through a new joint venture. Visa Inc. and U.S. Bancorp's Elavon Inc. are the bank's U.S. [...]

Byline: Ankush Chibber Use of Visa Inc.'s contactless payment cards has more than doubled in Hong Kong during the past year, according to data from the San Francisco card company. [...]

Byline: Ankush Chibber UAE Exchange Inc. will offer MasterCard Inc.'s MoneySend service in the United Arab Emirates for outbound remittances to the Philippines. The Dubai remittance and foreign exchange provider [...]

Byline: Ankush Chibber The South African payments technology company Net 1 UEPS Technologies Inc. has agreed to buy a 98.73% stake in KSNet Inc., a South Korean payment processor. Net [...]

Byline: Ankush Chibber A bank in the United Arab Emirates intends to launch a credit card designed for use exclusively at the online shopping service offered by Aramex Ltd., a [...]

Byline: Ankush Chibber Transaction volume on China's Union Mobile Pay service exceeded $4.4 billion last year, the company said this week, the first time it has disclosed such numbers. The [...]

Byline: Ankush Chibber Israel Postal Company Ltd. plans to offer Visa debit cards in the first quarter of 2011, adding to its existing financial services operations. A spokesman for Israel's [...]

Byline: Ankush Chibber Shinhan Card Co. Ltd. of South Korea plans sell a 14.9% stake inBC Card Co. Ltd. to the country's second-largest mobile carrier KT Corp. The deal is [...]

Byline: Ankush Chibber Bangkok Smartcard System Co. Ltd. has hired the Australian payments technology vendor Vix Erg Pty. Ltd. to design and deliver a smart card transaction-processing service for the [...]

Byline: Ankush Chibber Life Insurance Corporation of India Ltd. policyholders soon will be able to use their mobile phones to pay their insurance premiums. The insurer is in talks with [...]

Byline: Ankush Chibber PayPal Inc. is taking a new approach to targeting consumers, merchants and developers in its quest to expand in Japan. Unlike the U.S., where the payments service [...]

Byline: Ankush Chibber India's HDFC Bank Ltd. has converted more than 200,000 of its credit cardholders to smart cards that comply with the EMV Integrated Circuit Card security format. In [...]

Byline: Ankush Chibber MOL Global Bhd. has agreed to resell Facebook credits, simplifying the purchasing process for people in Asia who want to buy virtual goods, such as online games [...]

Byline: Ankush Chibber A state-backed program in Australia to promote a contactless smart cardticketing system may be failing to meet its goals. The TransLink Transit Authority, in the state of [...]

Byline: Ankush Chibber Habib BankLtd. in Karachi is planning to buy the credit card portfolio of Citibank Pakistan, according to published reports. The Karachi newspaper The NewsInternational said July 7 [...]

Byline: Ankush Chibber Vietnam Export Import Commercial Joint Stock Bankhas begun offering merchants there the ability to accept cards issued by JCBCo. Ltd. under an agreement the two companies signed [...]

Byline: Ankush Chibber PayPal Inc. has agreed to provide mobile payments services to Singapore's Infocomm Development Authority. Rahul Shinghal, the regional head of mobile products for PayPal Asia Pacific, said [...]