You're correct about IDSB coming out of left field however if...

You're correct about IDSB coming out of left field however if you read the roadmap, for T2 and T3 expansion it says subject to local regulatory and local acquirer bank approvals. This has not come through and judging on the delay by RHB for IDSB sign off, I think this indicates delays are being caused by Covid.

If you go back to the ICU announcement on August 24, 2020 (snippet below) you'll note that they made platform changes which added bank account debiting and bank credit scoring. There's obviously more than just processing transactions that requires approval.

The technology improvements are intended to capitalise on new market opportunities for its IOU Pay Platform in the digital payments and mobile banking sectors.

The company says it added value for its corporate customers by providing data mining services which are targeted to deliver increased customer satisfaction and conversion and referral rates, and boost transaction volumes.

The technology improvements to the IOU Pay Platform also include the ability to process consumer loan payments through bank account debiting, credit and debit cards, and connects with banks’ credit scoring and customer authentication functions.