Community

All in favour:

http://www.causes.com/causes/60512

That fact is a good reason to move more towards longer term and more-in-line with other industries incentives. 

But it is even more important to take the innovation leap on offer soonest.

What is the real damage?

Media so wish it would be true..

internet banking will increasingly happen in mobile devices as devices become more of computers - even if the e-banking-on-PC-habit prison in the developed world is difficult to escape from.

One day the mobile devices will replace plastic cards of all sorts and that is naturally an important part of banks' customer service. Even before that my prediction is that notifications to the omnipresent mobile (for e-invoices, balances, transactions etc) will be major development.

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 strategies accordingly...

more in my blogpost some time ago

Cheques were abolished in practise here in Finland in 1983 - by introducing the equivalent of 8 cents fee per form.

It is time to move forward all over the place from this slow and expensive method of payment.

Report will be made public early next week. Key element for making unification and simplification an is fast adoption of VAT directive. Will revert later.

How big is it in your country? 54 bn in Germany (b2b only?), Finland 2,8bn (b2b only)....

Thank you Jonathan,

Impressive paper - I will read it as soon as I find the time. I do agree that there will be changes. Large enterprises have quite different needs from the SME-segment where basic banking is much like it is for the consumer - with the difference that they also need to send - not only receive e-invoices. Automated accounting and cash management services should also be offered.