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Business 05 Feb 2013 | 12:00 AM

RAM Ratings ups MBF Cards' long-term rating of RM600m notes to AA3

RAM Rating Services Bhd has upgraded the long-term rating of MBF Cards (Malaysia) Sdn Bhd's RM600mil commercial papers/medium-term notes (CP/MTN) programme (2007/2014), from A2 to AA3.

Business 22 Dec 2012 | 12:00 AM

AmBank names Ong MBF Cards CEO

KUALA LUMPUR: AmBank Group has appointed Perry Ong as chief executive officer of MBF Cards (M) Sdn Bhd.

Corporate News 31 Jul 2014 | 12:00 AM

AMMB banking on tie-ups with MetLife, Kurnia and MBf Cards to grow divisions

PETALING JAYA: AMMB Holdings Bhd will leverage on its strategic partnerships with MetLife International Holdings Inc, Kurnia Insurans (M) Bhd and MBf Cards (M) Sdn Bhd for a focused organic growth in its four main divisions for the financial year ending March 31, 2015 (FY15).

Business 19 Apr 2013 | 12:00 AM

Johan Holdings in talks to sell credit, charge cards businesses

Johan Holdings Bhd, which was queried by Bursa Malaysia Securities over the unusual market activity on Friday, said it looking to sell its charge and credit cards businesses in Malaysia and Singapore.

Business 24 May 2011 | 12:00 AM

Prepaid cards attract money launderers

BOGOTA, Colombia: Forget bulk cash. Heavy and hard to hide, it's simply not the most convenient cross-border conveyance for a 21st-century money launderer. A safer and increasingly attractive alternative for today's criminal is electronic cash loaded on what are called stored-value or prepaid cards.

Business 18 Jul 2009 | 12:00 AM

Debit cards gain appeal as payment channel

OF late, debit cards have been gaining popularity, especially so in the current weak economic climate where people are becoming aware of its benefits and with more merchants accepting this mode of payment.

Business 07 Feb 2009 | 12:00 AM

Turning to debit cards

While the number of credit card loyalists far exceeds that of debit cards, there appears to be a rising trend in the usage of the latter among households in terms of card-based purchases. This could denote a growing concern about debts and compulsion to better manage finances in this current uncertain climate.

Business 06 Sep 2012 | 12:00 AM

Prepaid debit cards should be more heavily regulated

NEW YORK: Prepaid debit cards, which are popular with consumers who are too poor for checking accounts, are too lightly regulated and should face more restrictions, according to a study released by Pew Charitable Trusts released on Wednesday.

Business 24 Jan 2004 | 12:00 AM

Smart cards to boost banks’ market share

THE credit card evolution has been phenomenal, and the migration to the EMV (Europay-MasterCard-Visa) microchip-based smart card, has banks all excited over the prospects of leveraging smart cards to boost market share.---------------------------------------------

Business 22 Sep 2010 | 12:00 AM

‘Limit credit cards per person’ call

PETALING JAYA: Various quarters are backing the call by Deputy Finance Minister Datuk Donald Lim to lower credit card interest rates but at the same time feel it would be more effective to reduce the escalating household debt by limiting the number of cards a consumer can have as well as the credit limit for cards.