18 December 2014

Gary Wright

Gary Wright - BISS Research

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EBAday

EBAday is the annual event for European payments professionals run by Finextra in conjunction with the Euro Banking Association. This community has been created to deliver a forum for EBA delegates to exchange views on Sepa and new developments in payments processing.

Hot lady lights up e-invoicing

15 June 2011  |  2952 views  |  1

Now e-invoicing is not really a name on anyones lips but at EBA Day we heard that perhaps it should be. The session was not vastly populated but us hardy soul were perked up by the hot lady from Swed Bank livened everything up by demonstrating how her Bank have been providing e-invoicing since the mid nineties. It's now a big revenue earner and provides a model for all banks to follow as revenues are hit by SEPA.

She said that by 2020 all invoicing methods will be e-invoices and the following downstream payment benefits will accrue rapidly, lowering costs and risks in leaps and bounds.

Why are other countries not following this great show in Sweden? Is it because banks and other suppliers are dithering about and not getting leadership from governments?

I am getting a consistantly flashing message at EBA Day that countries operate efficient consumer services in financial markets when Governments actively push and promote change and usage.    

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Comments: (2)

A Finextra member | 15 June, 2011, 17:40

Anyone else think in this PC age that being described as a 'hot lady' is a little patronising?  Or flattering?  Just wondered.

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A Finextra member | 15 June, 2011, 18:54

I am totally politically incorrect at all times but it was meant to be a really good compliment.

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job title Analyst
location London
member since 2007
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CEO of B.I.S.S. Research, founder of the BISS Independent Accreditation for all systems and services provided to financial services companies internationally. Guest Lecturer at Reading University and...

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