Join the Community

22,369

Expert opinions

44,308

Total members

344

New members (last 30 days)

142

New opinions (last 30 days)

28,805

Total comments

Join Sign in

e-banking STILL growing strongly in Finland

04 May 2010 Be the first to comment

Bo Harald

Chairman/Founding member, board member

Trust Infra for Real Time Economy Prgrm & MyData,

We have been expecting a leveling out in the transaction growth for some time – but 2009 was still a year of strong growth.

The fact that 4,9m out ouf 5,5m citizens are signed up can partly be explained by e-bank login codes being used also for public sector. Otherwise one contract per household could be sufficient (joint accounts often used for bill payments and childrens’ accounts often included in parents service).

The next big growth area will be consumer e-invoicing. It is kind of anachronic to type in often lengthy details from invoices when it could all be handled with one click – or no click with standing orders (defacto integrated direct debit).

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

6982

Report

Channels

/payments

Innovation in Financial Services

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

Join group

1738 opinions 245 members 14 hours

Comments: (0)

Bo Harald

Chairman/Founding member, board member

Trust Infra for Real Time Economy Prgrm & MyData,

Member since

04 Nov 2008

Location

Helsinki Region

More expert opinions

Vasyl Soloshchuk CEO & Founder at INSART Fintech Business Accelerator