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The Trade Standard Evaluation Group approved the ISO 20022 (UNIFI) standard for electronic invoices on the 29th of October 2010. The opening address by Jorgen Holmquist (Director General at the EU-com...
Against all the odds, SEPA remained an active topic of discussion at Sibos in Amsterdam, with a degree of clarity about the specific issues of migration not usual in the SEPA debates of late. At least...
I was going to comment on Brett King's blog The perfect storm to put an end to CASH and realised that I had more than a comment. Brett makes some good points. There are many statistically compelling...
Studies made for EU reveal that the VAT Gap (difference between theoretical VAT receipts and actual payments) exceeds 100BN€ every year since 2000 (118,8bn€ in 2009). All of this is not fraud or looph...
I've been at the E-Money, Cards and Payments conference in Moscow today. Coming off the back of SIBOS it is quite interesting to have a discussion not just about payments, but around modality and the ...
Very spot on article in The Economist. Some snippets (emphasis mine) and comments: - “productivity growth is the closest economics gets to a magic elixir, especially for ageing advanced economies” - p...
Is regulatory pressure really going up? If you listen to the vendors and the press alike, that’s certainly the impression you’ll get, but is it true? We decided to find out by looking at the evidence...
The proposal states: “The requirement of authenticity and the integrity of the content will remain as abstract conditions for the sales tax approval of electronic invoices, but the other requirements ...
According to current statistics, Facebook has more than 500 million ACTIVE users, 50% of whom use Facebook everyday, 200 million of these users interact via mobile daily, and around half of the Top s...
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 ...
Last week, I came across an interesting headline - "Visa Opens World’s Leading Payments Network to Independent Developers Visa Inc. today announced a significant enhancement to the Authorize.Net ...
To date, the poor availability of phones with NFC technology has been one of the factors holding back the use of this technology to enable wave-and-pay mobile payments in a shop or peer-to-peer paymen...