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We have been running a Real Time Economy program in Finland since 2006 and it has become very clear that the elements created (from plan, concept to ready) will create the biggest change ever in busin...
It takes time - starting early helps.
SEPA is a big step towards a true single market and a ready docking station for ISO200022 e-invoices and from there full automation of business processes and real time finance. Lots of work to do - bu...
Cash is as we know expensive, risky, unhygenic, environment-unfriendly and an open invitation to crime, fraud, black and grey economy. Cash handling costs merchants in EU 50 billion a year. Are the co...
Strong e-id is often needed when logging in also to non-banking services. Reusing bank e-id also there - especially in the public sector - is something of the most sensemaking aspects of also otherwis...
This is the way to get e-invoicing penetration figures up fast. Return paper and e-mailed PDFs to senders. in the words of Elvis http://dmyoutube.com/watch?v=Z54-QHEZN6E.
Noteworthy: - more contracts than citizens in Finland - due to multibank relationships - interesting as e-banking typically carries a monthly fee (some 2€) - but has discounts and is free for young cu...
Noteworthy: - banks have tremendous selling power - over 200 000 enterprises signed up - about 87% of active enterprises - excellent and improving volume growth (even if Norway and Sweden are ahead in...
Delivered at the Multi Stakeholder Forum: "The European Parliament welcomes the e-Invoicing Initiative and the substantial benefits that it could trigger: shorter payment periods, fewer errors, b...
I have often been asked lately how the e-invoice penetration in a country can be raised fast. This urge to speed up migration is increasingly driven by the need to cut costs and improve productivity –...
Norway: “The transition to electronic invoicing is a major milestone on the path to complete digitisation of invoice management by the Norwegian public sector. By 1 July this year, almost half a milli...
The first and main pillar of banking is trust. It can be built and maintained by sticking to moderate risk taking – both in lending and recommending invest “products” – reputation building. Trust i...