Two sets of awards were presented during the night, the Financial Technology Innovation Awards and the Excellence in Retail Financial Services Awards. A total of 12 awards were given during the awards ceremony
In our conversation with practitioners, payment innovation was a recurring theme. Claus Richter, Nordea and Paula da Silva, SEB discussed about how banks in the Nordic region are building a harmonised cross-border system of real-time payment and adopting open banking standards in line with SEPA (Single Euro Payments Area) regulation.
As real-time processing becomes the norm in domestic payments, how long would it take for cross-border payments to catch up?
Top ten highest-paid bank chief executives in 2017 included five bank CEOs from Australia, three from Singapore, one from Malaysia and one from Hong Kong
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