A New Order Emerging in Mobile Based Financial Services

India is at the cusp of evolving a radical mobile-based banking & payments framework, which could potentially revolutionize the approach to financial inclusion and electronic payments. With over 7...

Finance 2.0

Online paperless Direct Debits

I'm often contacted to discuss potential projects where many companies wish to opt to for a paperless Direct Debit process over the internet. It seems an obvious enhancement to the processes of many ...

Banking Ethics in the Information Age

Troubled times seem to create an opportunity to display ethical behaviour. The recent events in Tunisia have given the banking community a perfect opportunity to display their ethics. Some have done w...

Whatever...

16 actions towards massive EU e-invoicing adoption

In 2020 e-invoicing has to be the predominant method of invoicing in Europe, according to European Commission. In its Communication ‘Reaping the benefits of electronic invoicing for Europe’ and in it...

Innovation in Financial Services

Is e-invoicing currently in the trough of disillusionment?

Electronic invoicing and e-billing can easily be plotted on the ‘hype cycle of emerging technology’, when taking a look at posts, discussions and tweets over the past few years. Also the items that ma...

Innovation in Financial Services

HELP NEEDED

This is not one of our usual commercial discussions but in times of need you use the weapons to hand. Hugh's Fish Fight - Half of all fish caught in the North Sea is thrown back overboard dead www.fis...

E-invoice- it is great, but..

I have been promoting e-invoices over 5 years. I still have high hopes for it, but still there is something what is missing. This morning after advising my old dad how to use e-invoices, I started to...

Transaction Banking

Adding value to OTC clearing

As the Dodd-Frank deadline for mandatory clearing approaches, most tier one banks have already established their basic OTC Clearing capabilities using tactical or semi-strategic solutions. However,

Another change in VAT rates - start preparing for the next!

This New Year saw the increase of the UK’s VAT rate to 20%. For consumers it has meant reported price hikes for everything from cars and fuel to electrical goods. But what does it mean for corporates ...

Does ambition exceeding funding in Finance IT?

Is Finance IT prepared for the impact of regulation? We’ve spoken to some investment banks in New York and London and it seems that banks are at risk of underfunding the implementation of regulatory

Innovation in Financial Services

Cash not in favour in Finland

Cash is as we know expensive (50bn cost to merchants according to EU study) and an invitation to robberies, theft, counterfeit, drug dealing, prostitution, gambling, tax evasion - you name it. It also...

Mobile Payments Evolution not Revolution

As the global economy slowly emerges from the downturn in what is becoming an ever more aggressive marketplace, organisations are seeking to gain that all important edge over their rivals; with many t...

UK Faster Payments