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Nation 17 Jun 2013 | 12:00 AM

Slashed fee sees rise in online banking activities

PETALING JAYA: With online inter-bank transaction fee slashed to 10 sen from RM2, banks are seeing increased activity on their online banking sites.

Business 20 Mar 2013 | 12:00 AM

BNM: Banks to charge 50 sen to process a cheque from April 2014

Banks will impose a cheque processing fee of 50 sen on the issuer of the cheque with effect from April 1, 2014 as Bank Negara Malaysia (BNM) sets a new pricing strategy to promote greater efficiency.

Community 14 Jul 2012 | 12:00 AM

Maybank’s four-day fair generates sales over RM20mil

MAYBANK TreatsFair, the nation’s largest one-stop instant redemption event for cardmembers generated sales of over RM20mil during the four-day event held recently at Mid Valley Exhibition Centre, Kuala Lumpur.

Community 28 Apr 2012 | 12:00 AM

Student gets his break

PENANG Methodist Boys’ School student Sampson Chew, whose breakdance performance captivated the hearts of judges, was declared champion of the Mr Sunway Carnival Model Search 2012.

Lifestyle 01 Apr 2012 | 12:00 AM

Do look down

An online project literally provides a bird’s-eye view of the world.

Business 22 Mar 2012 | 12:00 AM

Improving cross-border electronic transfers

BANK Negara, via its subsidiary Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear), has continued its initiatives to improve and enhance the capability of the Real-time Electronic Transfer of Funds and Securities System (Rentas) in supporting cross-border payments and settlements.

Business 16 May 2009 | 12:00 AM

Online interbank business upswing

THE online interbank business has been gaining popularity over the last few years as more consumers are now turning to the Internet to make payments electronically. With higher volume of online interbank transactions, banks have been enjoying good income from this channel and are upbeat about its growth potential amid the weak economy.

Business 02 Aug 2007 | 12:00 AM

New business model to drive INS

INS Bioscience Bhd expects its new business model to drive future growth and set the company back on profitability this year.

Business 27 Sep 2005 | 12:00 AM

MEPS upbeat on Inter-bank Giro transactions

THE volume of Inter-bank Giro (IBG) transactions, which has been growing at a compounded growth rate of 120% in the past four years, is expected to maintain double-digit growth this year, said Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) managing director Datuk Mohd Hata Robani.

Business 12 Aug 2005 | 12:00 AM

MEPS to introduce funds transfer service to Indonesia

AFTER successfully implementing cross-border ATM cash withdrawals in Malaysia and Indonesia, Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) is now looking at introducing fund transfer services between the two countries, either by the end of the year or some time in 2006.