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Archive for: July, 2009

Bo Harald - ZEF Solutions - Esbo | 31/07/2009 | 4861 views

54 Billion reasons in Germany

From Deutsche Bank report: “the bulk of the companies [SMEs in Germany] squander the sizeable efficiency gains that come with the introduction of digital invoices. According to estimates by researchers at the University of Hannover, the German economy offers total cost-savings potential of around EUR 54 bn, mainly in more efficient proce... Tags: Online banking, PaymentsGroup: Transaction Banking

Bo Harald - ZEF Solutions - Esbo | 22/07/2009 | 1619 views

Global attention for e-invoicing

Potentially useful repository in Business Week.The Real Time Economy Community site is still second to none - especially as we are in the next phase moving to automated real time accounting - starting from SMEs. Tags: Online banking, Payments

Bo Harald - ZEF Solutions - Esbo | 22/07/2009 | 1567 views

Co-regulation time

I wrote this blog post back in 2007 and keep coming back to the theme rather often. As said there - business should morally embrace the need for regulation - it cannot be avoided - be it the environment, health business, financial engineering etc.Resisting it is a sure way for making it worse - joining forces with the democratic institutions gives ... Tags: Online banking, Retail banking

Bo Harald - ZEF Solutions - Esbo | 22/07/2009 | 1732 views

Paying for paper

The migration from the old habit of de-electronizing invoices by printing them on paper - and thereby loosing much of the valuable information - and causing a lot of cost for re-electronizing what is left of it - is gathering speed in many ways. Some examples: - invoice receivers both nationally and multinationally are setting deadlines for paper ... Tags: Online banking, Payments

Bo Harald - ZEF Solutions - Esbo | 12/07/2009 | 1878 views

Banking is easy..

You just accept deposits and make loans with high margins. If you are a start-up bank you just pay more for the deposits and then place the money in high-earning but still quite secure loans and interesting new papers some call hybrids. If you think this is risky you just place the money in a good number of papers - all will not go bankrupt -... Tags: Payments, Retail banking