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Cash only really works if everyone involved in a transaction agrees to pretend that some types of bits of paper or metal disc have more intrinsic value than others. Call me old fashioned, but beads, i...
I have long been arguing that the natural way to SEPA-payments is through e-invoicing – especially now when ISO20022 for e-invoicing is ready. Here you do not need to force anybody to do SEPA-payments...
Mobile devices continue to develop, with new hardware, operating systems and software coming regularly to market amidst a wave of publicity and fanfare – just look at the speculation surrounding the n...
SEPA direct debit is a huge step in the wrong direction - making direct debit more complicated for users and more expensive for invoice senders (who naturally add these costs into higher prices - the ...
Now the first e-invoice using ISO20022 e-invoice standard has been exchanged - cross-border and using SWIFT! http://boharald.blogspot.com/2011/09/first-in-world.html Now it is time for all interested ...
It is not an easy decision for banks to agree to pool their ATMs – they are, after all, giving up control of one of their key channels. So what is it about the Nordic countries which means they embrac...
Regulation is a fact of life in the payments business but when it was discussed at Sibos, people seemed united in their opinions on how best it should be tackled. And common standards and communicatio...
People living in the majority of countries that do not use, or make limited use of, paper cheques will be mildly amused if they have been following the controversy in the UK around this archaic paymen...
With a session being held at Sibos today on whether it is too late for banks to compete in mobile payments, I thought I’d revisit a theme I’ve blogged about in the past; banks and their mobile paymen...
Sibos 2011 has been talking about innovation and not just at Innotribe. Google Wallet, Movembank, changing the business model for banks and a new approach to regulation have all been discussed. One to...
It’s a fact that when it comes to banking and payments, customers have high expectations of reliability, efficiency and dependability. This has not changed over the decades. What makes it more challen...
It’s been a challenging few years, and banks especially are still under a lot of pressure. Regulators are demanding far more complex, granular and frequent reporting, while customers are asking for be...