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Major regional banks, such as ANZ and Maybank, as well as globals, have told CT that bank payment obligation (BPO) deals are set to go public in 2014.
Bank connectivity is a path to efficient central treasury management, but connections are only as good as the standards allow.
Qoo10, a joint venture between eBay and the founder of Korean company Gmarket, needed a more efficient way to process its high volume payments.
Outdated legal barriers and licensing laws are unsuited for payment apps, and the markets that provide them.