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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.
Chairman/Founding member, board member
Transmeri, Demos, Real Time Economy Program,MyData
04 Nov 2008
11 Nov 2019
This post is from a series of posts in the group:
A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.