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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
NFC contactless and m-wallets have a significant role to play in the future of mobile financial services and mobile commerce. As much as we know this for a fact, banks have been sceptical in their min...
Su Chun-jung, the director of the Financial Data Center (that is resided under the Ministry of Finance) stated that: around 100 million e-invoices will be issued in Taiwan by the end of 2011 that fig...
"On the 26th of December the Prime Minister of Russian Federation Vladimir Putin signed the resolution “About the forms and rules of filling and exchanging documents for VAT management”. This doc...
With the establishment of eeSPA http://www.eespa.eu/EESPA%20Press%20Release-2011-12-15.pdf we now have the organization in place to drive towards e-invoicing functioning “Just-like-payments. You sign...
There has been a 25% decline in the total mail volume for the USPS (United States Postal Service) from 2006-2011, resulting in a $5.1 Billion loss in 2011 alone. Since 2007 the USPS has been unable to...
2011 presented some fascinating security breaches that could have been prevented. Here are my top three trends, and how to avoid them in 2012! Online identity and social media sites The successful lau...
In my last blog post I wrote about the problems banks will have with fraud detection when the three day payment process window shortens dramatically from January 2012. Because existing risk-engine str...
We have on many occasions stressed the need for the public sector to more aggressively - save their own operating costs, - help enterprises to save cost, - drive enterprises across digitalization ...
As of 1st January 2012, the three-day wait for fund transfers will be over. Banks must ensure that for all electronic payments (e.g. online banking transfers), the money reaches the payee’s account in...
1. More competitive enterprises. How? Drilling down selectively: 1.1. Better products, selling, procurement and service processes – mostly (but not only) a question of digitalization 1.1.1.
From time to time it is necessary to look at the big picture. What do we need for a more competitive Europe? Innovative and determined actions in many areas – like: 1. More competitive enterprises – i...
We're experiencing a massive shift in consumer behavior right now with the explosion of Facebook, Twitter, YouTube, and other community collaboration and social media platforms. A world where Facebook...