Bangkok Bank plans to issue a “platinum” credit card that carries the China UnionPay brand starting in February, a bank spokesperson tells CardLine Global. The bank says this card will be the first high-end credit card in Thailand to carry the UnionPay logo, but CardLine Global was unable to confirm the claim. The card launch coincides with the bank’s “recent receipt of a license from the Chinese government to operate Bangkok Bank China, a locally incorporated bank in China, which will open” in late December, the spokesperson adds. The cards in Thailand will have contact chips, the spokesperson says.
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Democratic lawmakers, led by Senate Banking Committee ranking member Elizabeth Warren, D-Mass., press 21 institutions for fee data after a federal agency halted disclosure requirements.
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The CEO spoke with American Banker about the company's plans for AI, blockchain, taking its digital wallet global and making PayPal and Venmo work together for the first time.
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Financial institutions see an opportunity to nab scale after years of tepid dealmaking, but investors are pushing back against such efforts out of concerns about shareholder value.
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The global bank created an educational campaign designed to alert customers to the risk of AI-generated scam advertisements on social media.
December 1 -
The Wisconsin-based regional bank plans to acquire American National Corp. in an all-stock transaction valued at $604 million. It is Associated's first acquisition announcement since Andy Harmening became CEO in 2021.
December 1 -
After Citizens CEO Bruce Van Saun announced a company-wide AI makeover, Chief Information Officer Michael Ruttledge told American Banker about what's happening under the hood.
December 1





