Manual work decreases, transaction costs diminish, competitiveness increases and payment transactions become faster. All this will be possible when the recommendations of the International Chamber of Commerce on increasing digitalisation are deployed as practical actions and standards.
Digital interfaces for foreign exchange trading are making the entire cross-border payment process real time, boosting transparency and cost-efficiency as well as speed.
Europe is developing a whole new payment method that will offer both card payments and mobile wallet. OP Financial Group is bringing Finnish expertise to the innovative European Payments Initiative (EPI).
International payment and cash management can appear complicated to companies. Fortunately, transparency and traceability of payments have improved notably in recent years, paving the way for Finnish companies to conquer the world markets all the more agilely.
A well-designed online store and versatile payment options are often the keys to a successful sale. When the Finnish furniture manufacturer Isku launched its redesigned online store, sales also increased in its brick-and-mortar stores.
The Estonian economy has taken a giant leap forward in the past decade. This period of dynamism and digitalisation has given birth to numerous business success stories. OP has been part of it.
The last decade has been characterised by a phenomenon known as secular stagnation. This term was coined by Larry Summers in 2014 to describe the chronic savings glut — outstripping the appetite to invest — in the private sector.
Electricity, heating, water and communications are basic functions of society, which require financial resources for capital investments and structure development. Finnish capital is the key to making investments in these possible.
Corporate sustainability reports often emphasise climate and the environment, but social and corporate governance issues also play a role in the equation. There is still room for improvement in the reporting and measurement of sustainability information.
Should you trust your own intuition, a specialist’s analysis, or mathematical modelling? Antti Savilaakso emphasizes the link between actions and words. Annu Nieminen has harnessed the power of human capital to research massive amounts of company data, with help from artificial intelligence.
The aim of the EU is to significantly improve the accessibility and comparability of environmental, social and governance (ESG) data. This is increasingly important due to, for example, the acceleration of climate change.
Koronapandemian aikana on koettu monia synkkiä ja arvaamattomia hetkiä. Myös suuryritykset ovat luovineet kriisin keskellä jo vuoden, mutta johtajilla on silti vahva luotto tulevaan.
Doing business in a Covid-19 environment has lasted already for almost one year. The first half of 2020 was plagued by poorly functioning supply chains, delayed payments, liquidity challenges and increasing fraud attempts. What’s the aftermath of the 2020 coronavirus outbreak?
Jos OP:n suuryritystutkimuksen 2021 tulosten viestiä kuvaisi säätilana, se edustaisi leutoa mutta apeaa suomalaisen etelärannikon talviaamua. Näkyvyys on heikko. Halu uusiin seikkailuihin on matala. Omassa tukikohdassa on kuitenkin lämmintä ja turvallista. Hetki tuntuu siksi oikealta nikkaroida paikkoja kuntoon – virittää kilpailukyvyn ja kilpailuedun lähteitä.
Kauppaa on tehty korona-ympäristössä jo lähes vuosi. Ensimmäisellä vuosipuoliskolla kaupankäyntiä haastoivat heikosti toimivat toimitusketjut, maksujen viivästyminen, haastava likviditeettitilanne sekä kasvaneet huijausyritykset. Miltä tilanne näyttää nyt vuoden 2020 jälkimainingeissa?
Yritysten valuuttakaupankäynti on muuttunut merkittävästi viimeisen 10 vuoden aikana. Sähköiset valuuttakaupankäyntipalvelut ovat nousseet suosituksi tavaksi tehdä valuuttakauppaa. Yritysten odotukset järjestelmiä kohtaan ovatkin kasvaneet.
About 1500 Estonian companies are already operating in Finland. Their interest in establishing more companies in Finland is on the rise. Estonian companies aim at growing their business in their neighboring country whose similar culture, language and same time zone make business development easy and flexible.
