524 Results
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Canada joining the self-evident model - reuse what citizens already are used to, is secure and saves tons of tax payers money. https://www.finextra.com/news/fullstory.aspx?newsitemid=23132 When will your country join? If not soon - why not? Miserable public isolation: https://www.finextra.com/blogs/fullblog.aspx?blogid=5932 and earlier post: https...
07 November 2011 /payments Innovation in Financial Services
We have elected and pay for decision makers and regulators. Sometimes I get the impression that they try to govern as little as possible in important areas and overcompensate with irritating nitty-gritty. An area where actions certainly is needing is in the fight against cash usage - at least for the following reasons: 1. Cash is expensive - accor...
06 November 2011 /payments
Who is holding back - governments or banks? Needed for accelerating citizens' use of government e-services: 1. That the public sector realizes that it is not the only service citizens use - and in fact one of the most infrequently used and then 2. allows and encourages citizens to use the so frequently used familiar and secure e-banking log-in-id a...
13 October 2011 /security Innovation in Financial Services
I got the half a million pageview message and looked into what I wrote in early 2010: " "I have been writing blogs for about 3 years and it is helping me to get some messages and information out to partners, customers, students, researchers and others who share the networked economy passion. About a year ago I was invited by finextra to ...
11 October 2011 /payments Innovation in Financial Services
The right - and the obligation to open one (fees are normally not high). No salary should be paid in cash - and social benefits only to accounts. How much could be saved - and how much crime avoided. In the past banks did turn down customers who were considered risky and being unprofitable. With direct debit cards and automation the risks and costs...
09 October 2011 /payments Transaction Banking
If launching e-Invoicing today: 1. The SME-sector’s organizations were not involved strongly enough in the beginning. They should have been co-owners of the productivity issue with e-invoicing and thus taking responsibility to tell enterprises that it is not only cost-saving in the core invoicing and payment process – but an innovation platform ...
08 October 2011 /payments Innovation in Financial Services
What we (collectively) did right when launching e-invoicing in Finland and recommend: 1. Banks joined collectively with invoice portals and file transfer > payment automation was improved, financing aspects added and non-bank service providers were much invigorated. Only banks have the capability and business case to sign up the SME-sector qui...
02 October 2011 /payments Innovation in Financial Services
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 – they materialize automatically. And as posted before – a u-turn in direct debit – should also be done – e-invoicing becoming the master would save ...
27 September 2011 /payments Innovation in Financial Services
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 consumer always pays - every cent). The obvious much better alternative is to integrate direct debit into e-invoicing - which is any way on the rise a...
24 September 2011 /payments Innovation in Financial Services
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 in improving interoperability and starting cost lowering trend for the benefit of enterprises, society at large and also themselves to join the pionee...
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