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
Under Zeti Akhtar Aziz’s leadership, Bank Negara Malaysia has reinforced itself as an independent and respected regulatory authority, putting in place significant measures to ensure the stability of the country’s financial institutions.
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