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Hooman Mazaheri, CEO, Europe at Znap, explains why it will take more than just a payments app to crack the mobile commerce market.
I suggested in a recent post that mobile payments should take the payment initiation route - as so many more merchants are sending propositions to the customers mobile anyway - and the whole buying+payment can then be a simple press A. The habit and technology
is already in place in e-invoicing. Consumers in the Nordic countries get 1 bn invoices a year and SMEs a further 0,5 bn.
The extra benefit with this structured data model is automated accounting and VAT-reporting at both ends..
It will be great if e-invoice can be further automated and integrated with payments. In India, we have seen it happening on Bill presentment stage using brilliant features of Adobe PDF.
Hooman Mazaheri - Znap is voicing the same thing as what Sqaure did by acquiring BookFresh and Restuarant ordering app.
We are using structured data in national standards with reformatting services for global reach. PDF dose not support this but is sometimes used when a party needs a picture or a digital signature. Reformatting breaks digital signatures as you know - one
reason for regulating away mandatoryship in new EU VAT directive.
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Guillermo Gomez del Campo, Executive President, Prestanomico, speaks at The Temenos Community Forum in The Hague about the latest developments in digital banking in LATAM, why LATAM needs digital banks, how digital banks are pushing the boundaries of services and products to customers, and how this sector will evolve in the near term.
Derek Corcoran, Chief Experience Officer, Temenos, speaks at The Temenons Community Forum 2019 in The Hague about digital trends in front office business functions, how financial institutions are responding to the demands of consumers and what business models are best suited to meet these demands.
Alex Twigg, Co-Founder, Judo Capital, speaks at The Temenos Community Forum 2019 in The Hague about how a neo bank like Judo differentiate their offering compared to incumbents in Australia, what drove the of launch this challenging bank and how to change the way financial services are delivered.
Mr Thairu Ndungu, Deputy Managing Director, Consolidated Bank of Ghana, speaks at The Temenos Community Forum 2019 in The Hague about banking developments in Africa, the challenges and opportunities for banks and fintechs around digital, and how technology is helping.
06 Dec 2018
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