493 Results
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
We have been working some time on opening the lid to a true European Treasure Chest. The lid is migration to structured business messages – and the key – e-invoicing - is held by every enterprise and consumer (or rather human user in employee and private role). As often happens in innovation processes the real value of what can be achieved opens...
23 January 2011 /payments Innovation in Financial Services
Cash is as we know expensive (50bn cost to merchants according to EU study) and an invitation to robberies, theft, counterfeit, drug dealing, prostitution, gambling, tax evasion - you name it. It also puts considerable strain on the environment. Luckily the trends move towards avoiding using it:
17 January 2011 /payments /retail
Decent figure for this - mostly still up-to-date video: https://www.finextra.com/fullfeature.asp?id=1020 and 3,5 minute animation: http://boharald.blogspot.com/2011/01/e-invoicing-happening-video.html
05 January 2011 /payments Innovation in Financial Services
I posted the list below on 30.12.2010 and checked growth in selected page views today (3.1.2011) On EU: Questions European Tax Payers should ask: now 6516 views + 36! https://www.finextra.com/blogs/fullblog.aspx?blogid=2815 A digital Single Market – why and how?: now 2081 + 26, https://www.finextra.com/blogs/fullblog.aspx?blogid=4497 T...
03 January 2011 /payments Innovation in Financial Services
Looking back – some of the most viewed posts: On EU: Questions European Tax Payers should ask: https://www.finextra.com/blogs/fullblog.aspx?blogid=2815 A digital Single Market – why and how?: https://www.finextra.com/blogs/fullblog.aspx?blogid=4497 The future of Direct Debit – e-invoicing with standing order: https://www.finextra.com/blogs/full...
30 December 2010 /payments Innovation in Financial Services
Support for implementation of first global ISO-standard is starting to appear - also in Russia. And by SWIFT: http://viewer.zmags.com/publication/f9ecbbbc#/f9ecbbbc/1 It so makes sense for countries that have not yet created dominating local standards to go directly for the global one (we are all heading for it anyway). Why waste time – a lot of t...
10 December 2010 /payments Innovation in Financial Services
Nick Jones blogged about cash. We managed to eliminate private cheques in Finland in 1983 by putting a charge (8c) on the cheque forms (picked up or mailed). At the same time there was a big drive for debit cards and this lead to a very positive negative trend for cash already then. Another positive effect was that the debit card could be used for ...
08 December 2010 /payments Innovation in Financial Services
Translating part of a Facebook note by Liisa Jaakonsaari (MEP - Finnish Social Democrat): "The crisis in Europe is not because of EU or the Euro. Rather it can be said that EU and the euro are innocent victims. Bad guys are unregulated and irresponsible financial markets. Blaming the banks is becoming a rather worn issue and does not always hi...
08 December 2010 /retail /wholesale Whatever...
The EU-commission asked the Expert Group on e-Invoicing to come up with a standard for Europe – a global one. Now it has been delivered. The global standard has now been published. Much asked for, high quality and capability – should be deployed as soon as possible. More here: https://www.finextra.com/blogs/fullblog.aspx?blogid=4693 and www.i
07 December 2010 /payments Innovation in Financial Services
In the late 80s there was a big growth boom in Finland - fuelled ao by ending tax break on profits on selling enterprises and strong credit expansion when the savings banks (inexperienced corporate lenders) were deregulated and started to aggressively push into foreign currency lending. All this new liquidity tried to find safe havens - stock pric...
07 December 2010 /retail /wholesale Whatever...
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