447 Results
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
https://www.dropbox.com/s/8ikan8rh1h2h9v1/Bo%20Harald.mp4?dl=0
14 November 2017 Disruption in Retail Banking
I have been following with consternation media and ”analyst” statements around the future of banks in face of block chain and PSD2. It is easy to agree that new technology and the data driven economy calls for big changes and that many banks have dangerously overslept. But the opportunities to serve customers better and save costs are so substanti...
08 November 2017 Digital Banking Trends
Finland as an example (2016 figs): - all SMEs use e-/mobile banking and e-invoicing is a standard feature as out of some 250k enterprises 217k have signed up for sending and 234 for receiving structured e-invoices (PDF has never been classified as e-invoice) - consumers have 6,23 million e-/mobile banking contracts (population 5,5 m so some are pay...
14 September 2017 /payments Electronic invoicing
Includes e-id service (confirming identity is an ancient bank service..), e-signing (for loans, other bank contracts, 3rd party contracts), e-invoicing (sending and receiving - private and corporate), e-receipts, e-salary and many more. Stopping at an imagined border for what is banking service does not provide the value and overall cost efficienc...
10 July 2017 Digital Banking Trends
Bank of Finland report - ATMs (branch share very small): 2014: 145,1 million times 2015: 136,9 2016: 123,4 Billion € 2014: 14,4 2015: 13,9 2016: 12,9 Old expensive habit exiting.
05 July 2017 Digital Banking Trends
Bank of Finland statistics out. e-id service figures show huge growth: 2014: 56,23 million times 2015: 69,35 2016: 84,70 Reusing ready habit, ready infra and integrating it into a rapidly growing number of services leads to growing growth. Small wonder that banks have signed up 5000 private and public organizations needing strong e-id from their cu...
04 July 2017 /retail Digital Banking Trends
Previous posts have aimed at describing the big picture: •https://www.finextra.com/blogposting/13835/real-time-economy-for-eu---big-picture The very compelling Why - the Mission •https://www.finextra.com/blogposting/13836/real-time-economy-for-eu---why The What - the targets in the Vision •https://www.finextra.com/blogposting/13847/real-time-econo...
20 March 2017 Fintech innovation and startups
The two most central targets are: 1. Automated VAT- and other reporting to public and other sectors (Target 1- T1 in slide). For this automated - towards real time moving - accounting is needed (ECO1). Central building blocks are real time payments (BB1), real time e-invoicing and e-receipts (BB3) in same structural form and standard. E-id and e-s...
19 March 2017
The benefits - direct and indirect - should be analysed from several angles - even if it is clear that the benefits mostly soon will end up at the EU-citizens table: 1. Benefits for the EU-Citizen Data driven RTE Ecosystems will: - Improve corporate and public sector services by making them data driven and real time - Improve managem
15 March 2017 Innovation in Financial Services
Being back from a very inspiring meeting in Brussels it is a good moment to post a few high level observations (going into Why-How-What details separately). The RTE is all about automating financial and administrative processes and data management and bringing them into real time (a big value in itself). There are many building blocks - ecosystems...
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