MANAMA: The successful implementation of instant payments in Bahrain was highlighted by Benefit, the operator of the country’s electronic fund transfer system (EFTS), at a key regional financial regulatory event.
Chaired by Saudi Central Bank governor Dr Fahad Al Mubarak and Central Bank of Bahrain (CBB) governor Rasheed Al Maraj, the Financial Stability Board (FSB) Regional Consultative Group (RCG) Workshop covered several aspects related to innovations, opportunities and regulatory challenges as well as how instant payments can meet the growing demands of the customer .
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