Designing a legally compliant e-invoicing solution
Financial institutions opening up… the ‘app era’ is here!
The last 2 days, I was at EBAday. 600 bankers and exibitors under one roof discussing ‘unlocking the full potential of SEPA’. Lots of panel discussions on innovation, e-invoicing, e-SEPA, etc. During one of these presentations I realised that I am probably missing out on a major interbank ‘e’ collaboration initiative. As an expert in this domain and generally well informed on such matters, I was instantly worried that we as Innopay had missed a great business opportunity, right in our sweetspot. Let me explain…
> Read moreSEPA drying up profits in remittance
While reading the June 2009 issue of McKinsey on Payments, I encountered an article on remittance that got me thinking about remittances within Europe.
> Read morePaypal Service Directive?
Paypal recently announced to open up their payments platform to third-party developers. TechCrunch, that was the first to anounce this news, mentions some examples for possible applications that may arise with the new Paypal API called Adaptive Payments. An interesting example is the “chained payment” which enables a primary receiver to immediately pay out part of the payment to secondary recipients. The website also mentions that with this move Paypal wants to compete with Amazon’s Flexible Payment Service (FPS) that is supposed to provide almost the same functionality
> Read moreSEPA end date: a new beginning?
Fascinating peculiarities: Liechtenstein’s PSD transposition
The implementation and transposition of the Payment Services Directive (PSD) into national legislation is problematic, but Liechtenstein, Europe’s fourth smallest country, has some additional difficulties. It well exhibits the fascinating peculiarities that have gradually arisen in the European payments landscape over the course of history.
> Read more
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