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This profile was automatically generated using 10 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 10 references found on the Internet. This information has not been verified. Learn more...
View all 10 references Web References
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1. The Forum's agenda in 2008
www.epfsf.org/meetings/2008/in - [Cached]Published on: 1/1/2008 Last Visited: 8/16/2008
Dag-Inge Flatraaker, General Manager, DnB NOR; Chairman, Expert Group on e-commerce and mobile channels and payments (e&m), European Payments Council (EPC) -
2. Card Processing Europe Conference 2005
www.cardprocessingeurope.com/p - [Cached]Published on: 11/10/2004 Last Visited: 12/19/2005
Dag-Inge Flatraaker, SVP & Head of Interbank Infrastructure & Payments, DnB NOR -
3. DnBNOR.com - Press room/Press releases and articles/Corporate responsibility and sponsorship
www.dnbnor.com/en/default.asp? - [Cached]Published on: 8/6/2004 Last Visited: 1/7/2007
Dag-Inge Flatraaker is a key figure in the work to establish the Single Euro Payments Area.
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According to the Commission, this will encourage private individuals and the business community within the EU and the EEA/EFTA states to save huge amounts," says Dag-Inge Flatraaker, head of the Interbank Section in IT and Payment Services in DnB NOR to Sparebankbladet, a savings bank magazine.
Single payment area
In 2002, it was decided to establish the European Payment Council (EPC) and the EPC has now defined the EU and the EEA/EFTA countries as a single payment area, called SEPA (Single Euro Payments Area).This will be operational by 2008, with joint payment instruments followed by the replacement of national payment systems by a single payment system for Europe.Dag-Inge Flatraaker has a central position in SEPA.
"The Nordic region, and Norway in particular, have probably developed the best payment system in the world.Even though it is unlikely that EPC will copy our systems, they are very interested in seeing what we have done and learn from us," says Flatraaker.
Opportunities to be gained
Flatraaker explains to Sparebankbladet that the establishment of SEPA will present new challenges for Norwegian banks, but also pave the way for many opportunities.
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"This is very exciting," says Flatraaker and concludes in his interview with Sparebankbladet: "From a Norwegian point of view, an important aspect is how this will affect our everyday banking operations and Norwegian infrastructure."

