4855 Results from /payments
Retired Member
With some 124 mobile money deployments already launched globally, and almost as many again in the pipeline, it seems consumers in the developing world are not short of opportunities to make mobile payments. Yet an interesting statistic came out of a Microfinance Club UK event a few weeks back discussing customer usage patterns from MPESA financi...
23 November 2011 /payments
With the rise of social media leading to new collective behaviors, there is no doubt the power and influence of online communities is growing stronger. This is clearly demonstrated by the recent ‘Bank Transfer Day’, arranged through Facebook, which sparked thousands of people in the US to switch their accounts from banks to credit unions. As more ...
15 November 2011 /payments /retail
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
E-invoicing has been around in large enterprises for ages. As it started in EDIFACT environment it was natural to go deep into point-to-point integration in all aspects of procurement processes. This approach was then also natural in the EBXML process – and of course it is still important and should be supported. The SME-sector does not have procu...
14 November 2011 /payments Innovation in Financial Services
https://www.ebaportal.eu/link.aspx?PageGuid=388a67b9-584e-4c96-8c76-0aa3fe341dbc
10 November 2011 /payments Innovation in Financial Services
Nikhil Mittal Financial Crimes Consultant at Wells Fargo
The hush-hush on the street is Greece is out, Italy may go down, next in line could potentially be Spain and so on. The newspapers are ripe with the last minute reforms and short-term strategies to bail-out some of the largest economies within the Euro zone, steps like resignations of the top leaders and acceptence of reforms by some to save the s...
09 November 2011 /payments /regulation Payments strategies 2015-2020-2030
After a number of years of steady activity, we are now seeing increasing numbers of financial institutions starting to migrate their legacy payment systems. It seems to be a number of factors have come together, which means that organizations around the world who have perhaps been delaying the inevitable, are starting to move forward. One key drive...
09 November 2011 /payments
A lot of strategy papers have been written and inititiaves launched to further e-government. The topic is important - for enterprises competitiveness and tax payers. But too often these programs tend to become lengthy letters to Santa Claus - thus not having the needed focus on what is really important and also isolating public sector services and ...
08 November 2011 /payments Innovation in Financial Services
Kazakhstan is moving to e-invoicing with the help of the needed deadline for paper: http://bx.businessweek.com/e-invoicing/view?url=http%3A%2F%2Fwww.sharedserviceslink.com%2Ffile%2F93958%2Fe-invoicing-in-kazakhstan-from-2012.html The progressive club with public sector deadlines now include 11 countries (in some sort of chronological order of annou...
Canada joining the self-evident model - reuse what citizens already are used to, is secure and saves tons of tax payers money. https://www.finextra.com/news/fullstory.aspx?newsitemid=23132 When will your country join? If not soon - why not? Miserable public isolation: https://www.finextra.com/blogs/fullblog.aspx?blogid=5932 and earlier post: https...
07 November 2011 /payments Innovation in Financial Services
We have elected and pay for decision makers and regulators. Sometimes I get the impression that they try to govern as little as possible in important areas and overcompensate with irritating nitty-gritty. An area where actions certainly is needing is in the fight against cash usage - at least for the following reasons: 1. Cash is expensive - accor...
06 November 2011 /payments
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