Ant Financial gets central bank approval to launch mobile wallet JV in Malaysia

Touch ’n Go, Ant Financial get nod for e-wallet services — The Star — “Touch ’n Go Sdn Bhd (TNG) and partner Ant Financial Services Group have obtained Bank Negara’s approval to operate and offer mobile e-wallet services… The mobile e-wallet will be operated by TNG Digital Sdn Bhd, the joint-venture company between TNG and Ant Financial… TNG also expects its current users who are predominantly toll, transit and parking users to quickly sign on to enjoy the expanded services.”






Neology adds NFC to toll transponders

Neology

RFID solutions provider Neology has added NFC to its UHF transponders, used in road toll payment applications, enabling consumers to use a phone-based mobile wallet to pay a toll or top up their account balance without leaving their vehicle... More



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