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.
Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.
Instead of each bank creates their own new services, is there a need for customer created banking services? Current world Today if I have a new and brilliant idea of new banking service, I tell my own...
For some countries, direct debit is the main payment system, whereas some countries like to push e-invoice to be main payment system. Both are really good ways for merchant but also for consumers to r...
Why do companies continue to pay by check? In part four of the series “The Top 5 Reasons Why Checks Still Dominate B2B Payments,” I explore the challenges surrounding the perceived need for IT resourc...
As direct debit still is one of the most convenient ways to pay bills, especially when paying monthly recurring payments like gym member ship fees or monthly subscription of magazines or news. It is n...
Why do companies continue to pay by check? In part three of the series, “The Top 5 Reasons Why Checks Still Dominate B2B Payments” I explore the challenges associated with bringing about process chang...
Today I spoke with my account about e-invoice. As I would like to use e-invoice as much as possible, there are some obstacles which annoys me quite a lot. Even in Finland, where we have everything str...
Why do companies continue to pay by check? In part two of the series “The Top 5 Reasons Why Checks Still Dominate B2B Payments” I explore the absence of paper remittance data as a perceived obstacle t...
It’s funny where your inspiration comes from. I had to do my annual tax return recently, which amazingly resulted in a small refund. What surprised me though (or maybe it shouldn’t) is that Her Maj
The term „liquidity trap" was suggested by Keynes (1936) as a situation in which monetary policy is unable to stimulate an economy through increasing money supply or lowering interest rates. ...
“For years we’ve been hearing that checks are going away, yet they are still used for the majority of B2B payments in North America.” I have heard that statement at nearly every trade show that I hav...
Last week or so, my client asked if they could use direct debit as optional payment method. To me this is really valid point. They said that when offering their service from iTunes, they pay hefty 30 ...
In the B2B world, generally speaking, buyers and suppliers both understand the benefits of moving to electronic payments. These benefits include higher rates of straight-through processing, reduced b...