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Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

e-id and e-commerce payment volumes growing in Finland

Observations: 1. the public sector is the main user of banks e-id services and the growth continues as bank e-id also can be used for electronic signatures 2. e-commerce transactions are real time payments and showed very good growth in 2012

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

e-invoicing growing fast in banks

Observations: 1. banks have signed up 230 000 enterprises (mostly for b2b) - almost all active ones in the country 2. volumes grew very fast in 2012 but will accelerate this year

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

e-banking STILL growing in Finland

Observations: 1. 5,4 m citizens have made 5,8 m e-banking contracts (pay for the service to two banks in many cases) 2. transactions continue to grow fast

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Winning posts

Recent posts: Apr 2013 Why us reuse to difficult? 403 views Mar 2013 Cutting admin cost in half - video 1110 23 Feb 2013 Virgin territory 1987 22 Feb 2013 Is SME-sector competitiveness important? 2254 18 Feb 2013 The biggest ever revolution in banking a... 5072 some way to go to beat 2009 posted: 27 Apr 2009 Questions European tax payers should a...

Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Why is reuse to difficult?

Most countries have established e-society strategies aiming at ao providing public sector services via the Internet. Progress has generally been fast with general information sharing - but when it comes to private information (health, tax, social benefits, school records etc) - not to talk about signing documents - progress is generally stopped

Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Cutting admin cost in half - video

http://youtu.be/Kb3q2viAbbk Great vision. Decent preacher. If you do not know where you are going, any road will do. Or even worse - nobody is going anywhere.

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Virgin territory

A lot of time and effort has been spent on automating manufacturing and logistics in large companies. Less has been spent on their administrative processes. Automation of SME administration and government reporting still appears as virgin territory. More https://www.finextra.com/blogs/fullblog.aspx?blogid=7407 As the SME sector stand for some 65% ...

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Is SME-sector competitiveness important?

Is SME-sector competitiveness important? If governments consider SME-sector competitiveness important (65% of corporate turnover and all growth in employment come from them) they should do something about red tape and automation of administrative processes. The key to the latter is fast migration to structured e-invoicing - paving the way to autom...

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

The biggest ever revolution in banking and beyond

As I am now checking out from full time employment I take this opportunity to sum up what we (not I..) at Nordea, Tieto, the EC Expert Group on e-Invoicing, the Real Time Economy program, the Mobey Forum etc achieved in the some 40 years of bringing more technology into banking and beyond in the new connecting-customers dimension. The world is by ...

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Established limited company - no paper

As I plan to step down from full time employment at Tieto, but will continue as advisor in various projects I needed to establish a company of my own. Yesterday I thus logged in with my e-bank credentials to the Finnish Trade Registry and completed the needed handily presented information, signed it with my e-bank credentials and sent a signing req...

Innovation in Financial Services

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