447 Results
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
We are at critical point in our economy - businesses are struggling, public debt is soaring, many banks need support,tax increases are threatening, unemployment is on the rise, budget cuts eat into product development and innovations - just to mention a few. But even worse problems are waiting around the corner - aging population, smaller workfor...
27 April 2009 /payments Innovation in Financial Services
We have in the EU Commission Expert Group on e-Invoicing seen a constant need to stress that the migration away from manual invoicing can only happen if it based on the simplest possible concepts - otherwise the vast SME sector (63% of turnover) will have real counterarguments - to the detriment both for their larger counterparts (including the pu...
26 April 2009
I have lately been busy with a new focus on innovations. We now have more ingredients for doing more new things and old things differently with technology than ever before. Recessions are often the time for better reflection and new approaches. This recession may even form the base for a mental shift - away from mindless consumerism, blind quarter...
05 April 2009 Innovation in Financial Services
Google was developed through the bust. Facebook was developed through the bust. And they are not the last ones - good ideas will be bottled up and released with vigor very soon. Interesting interview. What about the real time scoring - pay later Paypal concept? Can it be cost-effective? Can it be reliable? Is normal bank scoring missing changes
15 March 2009
http://apps.facebook.com/causes/60512?m=3f1cca43
13 March 2009 /payments
By now it should be clear that any e-bank for consumers should receive e-invoices for one-click approval. Before that the service is just a typewriter - to fill in lots of details and lenghty reference numbers. Salary/pension/direct debit advices etc statements should also be just one click away from the credit transaction. Any SME-e-banking sho...
08 March 2009 /payments Transaction Banking
Take the easy way - the only way There is still some debate going on in relation to the implementation of easier VAT-rules for invoicing in EU. It is difficult to see any valid counter-arguments to equal-treatment implementation (no additional regulatory demands on e-invoices) especially as: 1. move from paper to e-invoices improves auditability d...
07 March 2009
Banks - especially Investment banks - are now being squeezed from all sides - revaluation of securitized papers to unrealistically low market price levels, losses from credit books as economies nosedive, new costs from all sorts of more or less needed regulation, restructuring costs etc - all also leading to higher funding costs. On the other hand...
16 February 2009 /payments Innovation in Financial Services
Nobody in their right mind would do crossborder e-invoicing - if you listen to the seemingly endless listing of different legal, tax and even fraud risks - said DHL's speaker at an e-invoicing conference recently. "But we do it - and it is quite successful" (freely quoted). This is not surprising for us from Nordic countries where (more ...
01 February 2009
Serious message to senders of paper - or otherwise unstructured - invoices - and in the next stage: orders, confirmations, rfis, account statements - you name it...
30 January 2009
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.