Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
For financial institutions and retailers investments in mobile NFC payments are intended to attack cash transactions and provide a faster checkout in the retail environment. NFC and their wallet appli...
At the turn of the last century, store merchant John Wanamaker stated, "Half the money I spend on advertising is wasted; the trouble is I don't know which half." Based on just released rese...
2011 was year that many bankers, and especially bank marketers would love to forget. Not only was focus diverted by the need to respond to new regulations for the second consecutive year (this time it...
When more countries enter the race to the future of business transaction automation our experience that it takes time may be useful - blog from late 2010: "Nobody promised you a rose garden I wen...
The second most viewed post last year states that e-banking is not ready: https://www.finextra.com/blogs/fullblog.aspx?blogid=5353 The points raised can be crystallized as follows: 1. New generations...
Of my 2011 posts the Heavyweight support for ISO20022 e-invoicing message standard https://www.finextra.com/blogs/fullblog.aspx?blogid=5081 was the most viewed one. I certainly hope this is symptomati...
Consumer data is so valuable these days that I wouldn’t be surprised if a commodities exchange opened up to support the buying and selling of this precious material. If in fact it was available for p...
NFC contactless and m-wallets have a significant role to play in the future of mobile financial services and mobile commerce. As much as we know this for a fact, banks have been sceptical in their min...
Su Chun-jung, the director of the Financial Data Center (that is resided under the Ministry of Finance) stated that: around 100 million e-invoices will be issued in Taiwan by the end of 2011 that fig...
"On the 26th of December the Prime Minister of Russian Federation Vladimir Putin signed the resolution “About the forms and rules of filling and exchanging documents for VAT management”. This doc...
With the establishment of eeSPA http://www.eespa.eu/EESPA%20Press%20Release-2011-12-15.pdf we now have the organization in place to drive towards e-invoicing functioning “Just-like-payments. You sign...
There has been a 25% decline in the total mail volume for the USPS (United States Postal Service) from 2006-2011, resulting in a $5.1 Billion loss in 2011 alone. Since 2007 the USPS has been unable to...