4855 Results from /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Noteworthy: - banks have tremendous selling power - over 200 000 enterprises signed up - about 87% of active enterprises - excellent and improving volume growth (even if Norway and Sweden are ahead in the consumer sector - as invoice senders are not discouraged to charge visibly for having to send paper there) - on EU-level this would mean some 1,8...
08 May 2012 /payments Innovation in Financial Services
Stanley Epstein Associate at Citadel Advantage Group
The dictionary defines the word SWIFT as “coming, happening, or performed quickly or without delay”. I suspect that the founders of SWIFT had this thought in mind when they came up with the full name of this new interbank messaging service way back in 1973. After all, the full name (of which SWIFT is the acronym) is the Society for Worldwide Inter...
03 May 2012 /payments
Retired Member
In Part I of my virtual card blog series I described the nature of a virtual card program. In Part II, I described how corporations can use virtual card programs to help generate revenue. In Part III, I will discuss how virtual cards differ from purchasing cards (PCards) and ghost cards. Virtual Cards Virtual cards are just that – virtual! The...
03 May 2012 /payments Payments strategies 2015-2020-2030
Delivered at the Multi Stakeholder Forum: "The European Parliament welcomes the e-Invoicing Initiative and the substantial benefits that it could trigger: shorter payment periods, fewer errors, better collection of VAT, reduced printing and postage costs and business integrated processing. The European Parliament supported from the very beginn...
03 May 2012 /payments Innovation in Financial Services
On the 18th of April I organised an expert session during the 11th EPCA summit in Rome. The conference was held in the Palazzo Altieri, a beautiful place with a rich history in the heart of Rome. The topic of that session was “Supply Chain Finance: unlocking the SME”. Speakers contributing to the program were Liliana Fratini Passi (CBI), Reinier W...
02 May 2012 /payments /wholesale Finance 2.0
I have often been asked lately how the e-invoice penetration in a country can be raised fast. This urge to speed up migration is increasingly driven by the need to cut costs and improve productivity – but also more by the need to get tax revenues lost in the grey economy. It has been realized that mandatory digital signatures was a mistake and now ...
01 May 2012 /payments Innovation in Financial Services
Tim Tyler Product Manager at Misys
I have just read an article on the Economist linked to by Finextra: "The bank of SMS" - talking about mobile banking across Africa. Even more interesting than the article were the comments, of which one leapt out at me more than others. It was criticising the investment being made in mobile banking, when there should be so many other pr...
30 April 2012 /payments /retail Innovation in Financial Services
Pat Carroll Founder/Executive Chairman at ValidSoft
The 57th presidential election might be one of the most talked about contests in the U.S. this year, but if you really want to see some action it’s the U.S. payments space where your attention needs to be. The way things have been shaping up over the last few months, by the time the next president knocks on the door of the White House, there will ...
30 April 2012 /security /payments Innovation in Financial Services
Sadly Roland Moreno, the French inventor of the Smart Card, has passed away, and at a much-too-early age. Mr Moreno invented the Smart Card concept in 1974 – the year that I got my first job after university. A whole working generation later, we are still using Smart Cards while discussions about how we will or won’t use mobile phones for banking ...
30 April 2012 /payments
In Part I of my virtual card blog series I described the nature of a virtual card program. In part II, I will describe how corporations can use virtual card programs to help generate revenue. More and more corporations are seeing the benefits of migrating paper checks to electronic and now specifically to virtual card programs. Virtual card techn...
27 April 2012 /payments Payments strategies 2015-2020-2030
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