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Innovation in Financial Services

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

Retired Member

Retired Member 

Changing a Sales Culture that is Institutionalized

INTRODUCTION Your organization has decided that you must develop new processes, methodologies and technologies to increase the effectiveness and compliance of your sales force. Those you have, the ones that used to bring you great results, are not working or not accepted in today’s economy. You know that if you do not change and adapt, your organi...

/security /regulation

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Wasting tax payer's money until 2020?

Most governments are trying hard to save tax payer’s money – and even more importantly trying to push the SME-sector into digital processes and financial administration. But still too many in EU seem too signal that 2020 is a deadline for unstructured invoicing. More here: http://eeiplatform.com/8528/an-overview-56-government-e-invoicing-initiative...

/payments

Retired Member

Retired Member 

A missing 'fifth element'

Two days after the original article on "Amazon vs PayPal" was published and tweeted by several people, one of the Amazon Payments' top execs joined Finextra. Talk about coincidence... These days, PR teams keep an eye on online "exposure" of their companies/clients. United Airlines paid a hefty price for ignoring the power of so...

/payments

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Why are some governments still dragging their feet?

8 reasons for paper and PDF-deadlines NOW: http://eeiplatform.com/8429/8-top-quoted-reasons-mandating-goverment-e-invoicing/?utm_source=E-invoicing+Platform&utm_campaign=5b97b520f0-E-invoicing+Platform+-+Newsletter+wk+26&utm_medium=email An additional major reason for resolute actions is that we need to free up a soo...

/payments

Retired Member

Retired Member 

What should RBS do first? Account Management Best Practice

What should RBS do first to clear up the mess left behind from the computer failure? Managing Customer Relationships Now I might be looking at this over critically through the eyes of a person who deals with best sales practice and account management sales methodology on a daily basis for Fintech companies but communication through mass media is

/regulation

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

EC shaping up

from EEI-platform news: “We also received confirmation from several of our informal sources in Brussels. Some of them said that there are thoughts to make e-invoicing mandatory. Some others have the opinion that the e-invoicing uptake in the EU will get a boost (because of the liberalisation) as from 2013, making additional e-invoicing regulations...

/payments

Retired Member

Retired Member 

Amazon vs PayPal

Amazon and PayPal have never been friends. Their "mild animosity" goes back to 2003 when Amazon launched services aimed at (small) e-merchants, thus muscling in on the eBay's territory. In August 2007, Amazon unveiled its wholly owned subsidiary - Amazon Payments - created to provide a range of ambitious (and, at that time, quite innovati...

/payments

Retired Member

Retired Member 

iZettle: missing the gravy train

I recently had a discussion as to which market represents the biggest business potential for iZettle (I said - the US). If one looked at the current EMV terminal adoptions rates worldwide, it is clear that the USA represents what seems to be... 0% of the global EMV terminal market. Add to the equation EMV's plan to switch all US issuers to EMV fr...

/payments

Retired Member

Retired Member 

Major Hurdles Core Banking Systems need to Overcome

Core Banking Systems were built for a different world - a world that gave precedence in banking systems to security, redundancy and reliability and were architected in a product-centric way. Today, those requirements are still present - but it is not enough to be secure - the core architecture must also be flexible, innovative, and agile. Systems ...

/retail /wholesale

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

64 percent of enterprises in Finland use e-invoicing

This will grow very fast as: 1. Almost all enterprises have signed up for e-invoicing services (201 000 with banks by end 2011 – 85% of all active). All have not yet started to use the services but will have to as: 2. The state sector and many enterprises have stopped scanning and return paper and PDFs.

/payments

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