23 August 2017
Bo Harald

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Bo Harald - ZEF, Transmeri, Real Time Economy Program

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Innovation in Financial Services

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

e-banking STILL growing strongly in Finland

04 May 2010  |  6253 views  |  0

We have been expecting a leveling out in the transaction growth for some time – but 2009 was still a year of strong growth.

The fact that 4,9m out ouf 5,5m citizens are signed up can partly be explained by e-bank login codes being used also for public sector. Otherwise one contract per household could be sufficient (joint accounts often used for bill payments and childrens’ accounts often included in parents service).

The next big growth area will be consumer e-invoicing. It is kind of anachronic to type in often lengthy details from invoices when it could all be handled with one click – or no click with standing orders (defacto integrated direct debit).

e-banking in Finland  2009 TagsPayments

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job title Chairman/Founding member
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member since 2008
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