Join the Community

22,322
Expert opinions
44,385
Total members
373
New members (last 30 days)
176
New opinions (last 30 days)
28,780
Total comments

Latest expert opinions

clear
clear
Bo Harald

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

Return to sender

This is the way to get e-invoicing penetration figures up fast. Return paper and e-mailed PDFs to senders. in the words of Elvis http://dmyoutube.com/watch?v=Z54-QHEZN6E.

/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 2002-2011

Noteworthy: - more contracts than citizens in Finland - due to multibank relationships - interesting as e-banking typically carries a monthly fee (some 2€) - but has discounts and is free for young customers (up to 26 typically) - slowing transaction growth may reflect both slower economic growth and above all rapidly growing use of e-invoicing - t...

/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 - bank sector in Finland 2005-11

Noteworthy: - banks have tremendous selling power - over 200 000 enterprises signed up - about 87% of active enterprises - excellent and improving volume growth (even if Norway and Sweden are ahead in the consumer sector - as invoice senders are not discouraged to charge visibly for having to send paper there) - on EU-level this would mean some 1,8...

/payments Innovation in Financial Services

Bo Harald

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

Clear e-invoicing message from the European Parliament

Delivered at the Multi Stakeholder Forum: "The European Parliament welcomes the e-Invoicing Initiative and the substantial benefits that it could trigger: shorter payment periods, fewer errors, better collection of VAT, reduced printing and postage costs and business integrated processing. The European Parliament supported from the very beginn...

/payments Innovation in Financial Services

Bo Harald

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

Time for the obvious - good-for-society-at-large decisions

I have often been asked lately how the e-invoice penetration in a country can be raised fast. This urge to speed up migration is increasingly driven by the need to cut costs and improve productivity – but also more by the need to get tax revenues lost in the grey economy. It has been realized that mandatory digital signatures was a mistake and now ...

/payments Innovation in Financial Services

Bo Harald

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

Norway joining the elite

Norway: “The transition to electronic invoicing is a major milestone on the path to complete digitisation of invoice management by the Norwegian public sector. By 1 July this year, almost half a million Norwegian companies will have to start sending their invoices to the State in electronic rather than paper form” What is needed is a sufficient nu...

/payments Innovation in Financial Services

Bo Harald

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

Pillars of banking

The first and main pillar of banking is trust. It can be built and maintained by sticking to moderate risk taking – both in lending and recommending invest “products” – reputation building. Trust improves customer retention – even when new entrants try to enter markets with often overly aggressive pricing. Customer retention improves the stabil...

/payments Innovation in Financial Services

Bo Harald

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

Innovation leaps and bounds in banking

E-banking is one of the biggest innovations in banking - worth reflecting on from time to time. So what was our WHY when we launched corporate e-banking in 1979? Mostly a question of speeding up payments and cutting costs by letting large enterprises have similar terminals in their offices as bank employees used in the back offices. In 1982 when e-...

/payments Innovation in Financial Services

Bo Harald

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

EU pushing e-invoicing forward

Important communication. “Europolitics also reports that ministers discussed the widespread adoption of e-invoicing, with all in attendance backing the European Commission publication 'e-Invoicing: Reaping the benefits of electronic invoicing for Europe', which outlines a blueprint for introducing cross-border e-invoicing” http://bx.businessweek.c...

/payments Innovation in Financial Services

Bo Harald

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

A PDF is not an electronic invoice

It has to be structured data (and as soon as possible in the ISO2022 format) as seen here: http://eeiplatform.com/7314/pdf-invoices-creating-more-paperwork-than-it-saves-research/?utm_source=E-invoicing+Platform&utm_campaign=4640aa2e5c-E-invoicing+Platform+-+Newsletter+wk+07&utm_medium=email to get the productivity ...

/payments Innovation in Financial Services

Now Hiring