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Bo Harald

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

Why are some governments still dragging their feet?

8 reasons for paper and PDF-deadlines NOW: http://eeiplatform.com/8429/8-top-quoted-reasons-mandating-goverment-e-invoicing/?utm_source=E-invoicing+Platform&utm_campaign=5b97b520f0-E-invoicing+Platform+-+Newsletter+wk+26&utm_medium=email An additional major reason for resolute actions is that we need to free up a soo...

/payments Innovation in Financial Services

Bo Harald

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

EC shaping up

from EEI-platform news: “We also received confirmation from several of our informal sources in Brussels. Some of them said that there are thoughts to make e-invoicing mandatory. Some others have the opinion that the e-invoicing uptake in the EU will get a boost (because of the liberalisation) as from 2013, making additional e-invoicing regulations...

/payments Innovation in Financial Services

Bo Harald

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

64 percent of enterprises in Finland use e-invoicing

This will grow very fast as: 1. Almost all enterprises have signed up for e-invoicing services (201 000 with banks by end 2011 – 85% of all active). All have not yet started to use the services but will have to as: 2. The state sector and many enterprises have stopped scanning and return paper and PDFs.

/payments Innovation in Financial Services

Bo Harald

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

China on the move with e-invoicing

http://eeiplatform.com/8190/china-issues-guidelines-to-promote-e-commerce-and-e-invoicing/ Many countries - all over the world - are now very active. Less so in some parts of EU where the need to become more productive is far more pronounced. How is it in your country? You need to start early to get somewhere by 2015...

/payments Innovation in Financial Services

Bo Harald

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

Snippets from payments report - Finland

Some figures - please compare notes from your countries - 90% of the population use Internet (but only 57% in the 65+ age cathegory - 81% do the bill payments in e-banks (98% in the 20-39y), 8% direct debit (which is merging into e-invoicing), 4% by sending paper invoices to banks for payment (18% of the 65+), 2% in branches and 2% still us...

/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 change ever

We have been running a Real Time Economy program in Finland since 2006 and it has become very clear that the elements created (from plan, concept to ready) will create the biggest change ever in business processes and financial administration. The change is achieved by migration to real time exchange of structured and eventually globally ISO-standa...

/payments Innovation in Financial Services

Bo Harald

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

100pct automation - 2002-2011

It takes time - starting early helps.

/payments Innovation in Financial Services

Bo Harald

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

By now 100pct SEPA

SEPA is a big step towards a true single market and a ready docking station for ISO200022 e-invoices and from there full automation of business processes and real time finance. Lots of work to do - but a if somebody comes up with a better business case for society at large for the post-SEPA part I will personally send a reward.

/payments Innovation in Financial Services

Bo Harald

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

Demise of cash 2011

Cash is as we know expensive, risky, unhygenic, environment-unfriendly and an open invitation to crime, fraud, black and grey economy. Cash handling costs merchants in EU 50 billion a year. Are the consumers and consumer organizations aware of them paying every cent of this largely unnecessary cost? Great progress in Finland in 2011. One seventh d...

/payments Innovation in Financial Services

Bo Harald

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

Give citizens a choice - and this is what they choose

Strong e-id is often needed when logging in also to non-banking services. Reusing bank e-id also there - especially in the public sector - is something of the most sensemaking aspects of also otherwise much needed public-private co-operation. 2011 was a great year for bank e-id (TUPAS) - the alternative (a state issued smartcard) is not used at al...

/payments Innovation in Financial Services

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