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KUALA LUMPUR: RAM Rating sees a consolidation of mobile payments industry as most of the are still loss-making desite the increase in the number and value of payment transactions.
PETALING JAYA: The increasing popularity of mobile payment due to the high mobile penetration rate is not seen as a material threat to Malaysian banks, according to RAM Ratings.
BERLIN: Temenos Group AG is having another crack at a big UK deal.
BEIJING: China's central bank is considering regulations that would significantly limit the use of third-party payment systems, including the payment arms of Alibaba Holding Group and Tencent Holdings Ltd.
MOL Global Pte Ltd, the owner of payment services provider, MOL AccessPortal Sdn Bhd, expects to double its payment volume to RM3bil by end-2013 and RM6bil by 2014.