15 Results from 2017
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
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...
Banks have helped customers to connect since ancient times. Credit payments, card payments, letters of credit, collections, bank guarantees, securities transactions, project financing etc. This all benefited from and created new much needed economy of trust, scale and scope. An even exponential positive spiral.. Gradually these traditional "...
12 January 2017 /payments Innovation in Financial Services
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