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Archive for: September, 2009

Bo Harald - ZEF Solutions - Esbo | 30/09/2009 | 4464 views | 2 comments

e-banking in the old days...

In the old days - especially in the 80s before Internet - e-banking was seen as a supplementary channel - in addition to branches and contact centres. Today it is the main channel for almost all services - both for the customer in his private role and in employee roles of so called corporate customers. All banks have not yet adjusted their strateg... Tags: Online banking, PaymentsGroup: Innovation in Financial Services

Bo Harald - ZEF Solutions - Esbo | 22/09/2009 | 2298 views

Real action by Stoiber

If you can lower the treshold to e-invoicing - as suggested below (emphasis mine) - you can automate accounting, public sector reporting, further the single market and much more. Then EU and member states have a chance to reach the 25% goal by 2012. If not - no chance. Who will take the responsibility for such fundamental failure? Stoiber and Verha... Tags: Online banking, PaymentsGroup: Innovation in Financial Services

Bo Harald - ZEF Solutions - Esbo | 20/09/2009 | 2716 views

Widening Adoption Gap

Technology is not the narrow sector - it is amply on offer - and the costs are going from low to lower. Technology enables "anything" and in most cases the utility is evident. The adoption gap is still widening - even too much. Why is this happening? In some cases it may be the less than perfect first versions that have scared adopters off. More o... Tags: Online banking, PaymentsGroup: Innovation in Financial Services

Bo Harald - ZEF Solutions - Esbo | 19/09/2009 | 2309 views

Four Economics

Banks should move up the order-to-payment value chain from payments and down the payment-to-accounting value chain - before invaders move down or up into the payment business. The reasons are fundamental: - better service - better value - new revenues certainly needed when float disappears, interest margins remain low and fee income in commoditize... Tags: Online banking, PaymentsGroup: Innovation in Financial Services

Bo Harald - ZEF Solutions - Esbo | 18/09/2009 | 2530 views

High Level Group spot on

EUROPEAN COMMISSION - High Level Group of Independent Stakeholders on Administrative Burdens exerpts from OPINION OF THE HIGH LEVEL GROUP "The VAT Directive explicitly allows the use of electronic means for sending and archiving invoices. The rules however leave too many options to Member States so that national requirements for electronic invoic... Tags: Online banking, PaymentsGroup: Transaction Banking