25 October 2016
Bo Harald

Good for society at large

Bo Harald - ZEF and Real Time Economy Program

334Posts 1,168,755Views 221Comments
Innovation in Financial Services

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

Finns twice as mobile as Swedes

08 November 2009  |  2588 views  |  0

A Nordic study (PTS in Sweden) reveals that the mobile share of minutes in outgoing telephone calls in 2008 were the following:

Finland           83%

Norway          55

Denmark        54

Iceland          48

Sweden         41

The study is claiming that fixed line telephony was so much cheaper in Sweden that this explains the difference compared to Finland. I do not share this view - it just seems to be so that Nokia had a bigger fashion impact on behavior than Ericsson. Sweden was according to comments to the study distanced by the other Scandinavians as price on mobile and SMS nosedived earlier and faster than in Sweden.

Has this had a big impact on using the mobile for banking? Not yet at least. Finland launched SMS-balance&transaction reporting early and is ahead here. But when it comes to e-banking going m there is no significant difference. The PC-banking habit dates back to the early 80s in Finland and has created a habit prison that has prevented large scale escape as long as mobile phones were more phones than multimedia computers.


TagsRetail banking

Comments: (0)

Comment on this story (membership required)

Latest posts from Bo

Half planned is well done

08 September 2016  |  4684 views  |  0 comments | recomends Recommends 0 TagsMobile & onlineInnovationGroupInnovation in Financial Services

New work - a renaissance in humaneness..

28 August 2016  |  5226 views  |  0 comments | recomends Recommends 0 TagsInnovationGroupInnovation in Financial Services

Up and down - from the e-invoice

14 June 2016  |  4417 views  |  1 comments | recomends Recommends 1 TagsPaymentsInnovationGroupElectronic invoicing

Nudging is not enough

27 April 2016  |  2492 views  |  0 comments | recomends Recommends 0 TagsRetail bankingInnovationBrexitGroupInnovation in Financial Services

Bo's profile

job title Chairman/Founding member
location Helsinki region
member since 2008
Summary profile See full profile »

Bo's expertise

Who's commenting on Bo's posts

John Candido
Ketharaman Swaminathan