
Tuesday Jan 09, 2024
The Paytech Show #77: How Cambodia’s Biggest Banks are Accessing Swift and Crossing Borders. With ABA Bank and Bottomline.
In this episode of The Paytech Show we’re in Cambodia hosting ABA Bank‘s Head of R&D Bekzod Ruzmetov and Chief International Business Officer Polinda Hean as well as Bottomline Business Development Director Victor Kong, to find out how the technology provider is partnering with financial institutions in the region. Speaking to Douglas Mackenzie, Ruzmetov tells us about Cambodia’s rapidly changing banking landscape, including the launch of many new banks and a growing economy.
Along with his colleague Hean, they both speak about how Bottomline help them to access the Swift network and stay compliant with ISO 20022. Kong, who helps lead Bottomline’s efforts in Cambodia helps to paint a broader picture of the country’s financial ecosystem, pointing out that around 50% of commercial banks there, partner with them to deliver payments services.