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From sending e-invoice to receiving payment in 30 minutes

AT SIBOS we heard Ossi Leikola of Nordea Bank describing how it is already today possible for an e-invoice sender to get his payment in less than 30 minutes after having sent the invoice - the target being to make it much faster. I have to confess that I felt quite proud.

This is the new customer value that banks moving into extended payments can deliver. Surely it will be a considerable competitive advantage. With the now ready ISO20022 standard for e-invoicing and combining it to BPO it will be possible to gradually expand the it all over EU and globally. 

Time for new dimensions of customer value - no doubt.


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Bo Harald

Bo Harald

Chairman/Founding member, board member

Transmeri, Demos, Real Time Economy Program,MyData

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04 Nov 2008


Helsinki Region

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This post is from a series of posts in the group:

Innovation in Financial Services

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

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