35 Results from 2012
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Delivered at the Multi Stakeholder Forum: "The European Parliament welcomes the e-Invoicing Initiative and the substantial benefits that it could trigger: shorter payment periods, fewer errors, better collection of VAT, reduced printing and postage costs and business integrated processing. The European Parliament supported from the very beginn...
03 May 2012 /payments Innovation in Financial Services
I have often been asked lately how the e-invoice penetration in a country can be raised fast. This urge to speed up migration is increasingly driven by the need to cut costs and improve productivity – but also more by the need to get tax revenues lost in the grey economy. It has been realized that mandatory digital signatures was a mistake and now ...
01 May 2012 /payments Innovation in Financial Services
Norway: “The transition to electronic invoicing is a major milestone on the path to complete digitisation of invoice management by the Norwegian public sector. By 1 July this year, almost half a million Norwegian companies will have to start sending their invoices to the State in electronic rather than paper form” What is needed is a sufficient nu...
10 April 2012 /payments Innovation in Financial Services
The first and main pillar of banking is trust. It can be built and maintained by sticking to moderate risk taking – both in lending and recommending invest “products” – reputation building. Trust improves customer retention – even when new entrants try to enter markets with often overly aggressive pricing. Customer retention improves the stabil...
08 April 2012 /payments Innovation in Financial Services
E-banking is one of the biggest innovations in banking - worth reflecting on from time to time. So what was our WHY when we launched corporate e-banking in 1979? Mostly a question of speeding up payments and cutting costs by letting large enterprises have similar terminals in their offices as bank employees used in the back offices. In 1982 when e-...
22 February 2012 /payments Innovation in Financial Services
Important communication. “Europolitics also reports that ministers discussed the widespread adoption of e-invoicing, with all in attendance backing the European Commission publication 'e-Invoicing: Reaping the benefits of electronic invoicing for Europe', which outlines a blueprint for introducing cross-border e-invoicing” http://bx.businessweek.c...
14 February 2012 /payments Innovation in Financial Services
It has to be structured data (and as soon as possible in the ISO2022 format) as seen here: http://eeiplatform.com/7314/pdf-invoices-creating-more-paperwork-than-it-saves-research/?utm_source=E-invoicing+Platform&utm_campaign=4640aa2e5c-E-invoicing+Platform+-+Newsletter+wk+07&utm_medium=email to get the productivity ...
Extracting value for customers based on this data will obviously be of increasing importance also in payments - especially extended payments. The first step is to see to it that data is sent and kept in structured form - with global high quality standards - the ISO20022 family is handling most of it already
11 February 2012 /payments Innovation in Financial Services
Saturday, February 11, 2012The importance of WHY Many of you have surely seen this presentation by Simon Sinek http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html. He very eloquently – with to help of three circles outlines how important it is - not to start with the What (what is being offered – the outer circle) or with
When now the market and media hystery around the Euro is fading away it is getting clear that half-pregnant is not a happy state. More integration is needed to reach the splendid potential of a true single market - the largest in the world - is needed. It is now very clear that no national politicians are allowed to borrow money (in the citizens' ...
29 January 2012 /payments Innovation in Financial Services
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