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Bo Harald

First in the world

Now the first e-invoice using ISO20022 e-invoice standard has been exchanged - cross-border and using SWIFT! http://boharald.blogspot.com/2011/09/first-in-world.html Now it is time for all interested ...

24 Sep 2011
Innovation in Financial Services
Bo Harald

See you at SIBOS

Just posted a blog on e-invoicing - the obvious next service layer and innovation platform for banks. Will be at SIBOS - hope to connect there.

17 Sep 2011
Bo Harald

Tax payer's money - and much more

We all know how burning the need to save costs is in the public sector - to have to borrow less and avoid competitiveness destroying tax hikes etc. When this is coupled with a need to move a soon sca...

17 Sep 2011
Innovation in Financial Services
Bo Harald

Disruptive innovations

Rereading Christensen’s Innovator’s Dilemma. Some takes (emphasis mine) : - most successful enterprises get into deep trouble sooner or later and one theme common to these failures is that the decisio...

12 Sep 2011
Innovation in Financial Services
Bo Harald

Domestic issue - false picture

We often come across statements that e-invoicing is a domestic issue - the cross border part is so small (some 5%) that we do not really need to care. This is a false picture as can be arrived at by j...

01 Sep 2011
Innovation in Financial Services
Bo Harald

Typical - especially in banks?

There is a lot of evidence that hunch is the best guide to good business. Due to scarce IT-budgets and even scarcer key skills many organizations have resorted to a systematic "business case"...

26 Aug 2011
Innovation in Financial Services
Bo Harald

Latest on the country deadline front

Latest on the country front – aiming at > 1. saving tax payer’s money, 2. collecting VAT due – efficiently, 3.pushing the SME-sector into better productivity, 4. increasing work force upward mobili...

08 Aug 2011
Innovation in Financial Services
Bo Harald

Where is your country?

Deadlines for paper or otherwise unstructured invoices (e-mail) to the public sector have been issued in many countries - and more are on their way. The reasons for this are obvious: 1. save tax payer...

26 Jul 2011
Innovation in Financial Services
Bo Harald

No scanning please

When Denmark legislated against paper invoicing in the public sector (including municipalities) back in 2005 service providers (including banks) where not ready with easy solutions for the SMEs. The s...

19 Jul 2011
Innovation in Financial Services
Bo Harald

The biggest of them all

We read that PayPal is moving into e-invoicing. Natural step for anyone who wants to stay in the payments business = keep the funding and profitability transaction accounts offer. Some banks have not ...

19 Jul 2011
Innovation in Financial Services
Bo Harald

Why is innovation so difficult in banks

I attended a very good innovation meeting last week and there one senior banker said that innovations in banks are so difficult because there is an obsession with business cases. No innovation investm...

04 Jul 2011
Innovation in Financial Services
Bo Harald

CUT 50

CUT 50 is the name of the next phase in the Real Time Economy program run in Finland since 2006. It stands for cutting SME administrative costs in half by 2014-15. The main building blocks are the fol...

03 Jul 2011
Innovation in Financial Services

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