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MEPS, phone banking to boost OCBC
OCBC Bank (M) Bhd, which recently launched its MEPS Interbank Giro (MEPS IBG) network and phone banking services, is confident these services will help grow its business significantly over the next few years, senior vice-president and head of consumer financial services, C.K. Oon, said.
Internet banking made easier
KUALA LUMPUR: Internet banking will be made easier come March next year when all banks provide at least one Internet banking kiosk at all their branches to give the public better access to online banking and Interbank Giro (IBG) services.
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.
Online banking helps small firms cut costs
KUALA LUMPUR: Small businesses are encouraged to use online banking such as the Interbank Giro (IBG) service to reduce their operational costs and perform transactions more conveniently.
OCBC Bank joins MEPS Interbank Giro network
OCBC Bank (Malaysia) Bhd has announced its participation in the MEPS Interbank Giro (MEPS IBG) network.
Banks to provide internet banking kiosks at branches
KUALA LUMPUR: Banks in Malaysia are set to provide at least one Internet banking kiosk at all their branches nationwide to facilitate the public access to online banking and interbank GIRO (IBG) services by March 2014.
LSK aims to double sales by 2020 with MFO in its stable
Latex bedding producer eyes RM150mil revenue in two years
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.
Associations of Bank Malaysia: e-payment the way to go
KUALA LUMPUR: Businesses and the public should adopt electronic payment channels, says the Association of Banks in Malaysia (ABM), which is currently holding a road show with Bank Negara Malaysia and the Association of Islamic Banking Institutions Malaysia.
Cheque fee may boost banks' e-revenue
PETALING JAYA: The latest move to charge a processing fee for cheque issuance is expected to boost commercial banks’ revenues from e-payment transactions.
