Latest opinions that Thomas Pintelon has shared on Finextra

Can banks help to fundamentally redefine our notion of trust?

Trust is the glue that holds society together. Historically we trusted people in our local community. Later this evolved to a centralized trust in large corporations and institutions, but recently this has shifted towards a more distributed trust, meaning that we sometimes need to place our faith in complete strangers. With a growing number of onl...

21 November 2019 Financial Risk Management

Being unique is not enough - how to assess the impact of a new banking solution

Repeating and improving what others have successfully done is a great and proven way to be successful when starting a new business. You're more or less sure about the relevance of the solution that you're building, and you can be innovative in your approach to some extent, but you're probably far from being unique. Automating the online demand proc...

24 October 2019 /devops Innovation in Financial Services

Banks that can help reduce financial risks in a user-friendly way can compete with any Tech player

Banks are technology companies with a banking license ! This claim and similar claims can be read more and more in articles on trends in the financial services sector and is often used as an argument that banks will soon be replaced by Fintechs and Silicon Valley tech giants. It is certainly true that IT is crucial for a bank and its importance ca...

24 September 2019 Financial Risk Management

How collaboration with specialist providers can boost bank innovation

Bank offerings and customer expectations are evolving fast. For each specific client need, specific solutions need to be built, requiring lots of investments, IP and expertise. To keep up, banks can’t afford to reinvent the wheel every time. Therefore they are opening up, and welcoming the win-win collaboration with specialist third parties that c...

03 September 2019 API

Why lending against your investments is perfectly compatible with daily banking and PFM & BFM

Today’s bank customers want a fluent, end-to-end experience. Unfortunately most online and mobile banking platforms are still very silo organised, with typically modules for Daily Banking, Investments, Credits and Insurances. Even though this reflects very well the internal (IT) organisation of the bank, customers prefer to have a more customer-or...

18 July 2019 Innovation in Financial Services

How liquid asset based lending brings benefits to both banks and their customers

Imagine you have a short-term cash need [university fees for your kids] but you do have some long-term bonds in your investments portfolio. Wouldn’t it be great if your bank allows you to temporarily block these assets and get a short term loan facility to bridge the gap? Lending against liquid assets that customers hold within their bank, is an u...

21 June 2019 /retail Innovation in Financial Services

Democratizing asset based lending and how banks can protect themselves from systemic market risk

In this blog we investigate the potential risks linked to democratizing asset based lending to a larger retail and SME audience. In principle, when customers lend against their (liquid) investment assets at the bank, the scoring of the credit can be done on an objective basis, based on the valuation of the assets blocked by the bank. Therefore a bi...

29 May 2019 /inclusion Innovation in Financial Services

Why lending against investments is an underexploited retail and SME market opportunity

Lending against liquid marketable assets like securities and bonds, has been around for quite some time. We could say that the Lombards who conquered Italy in the 6th century, and settled in the northern region that became known as Lombardy, invented this first form of liquid asset based lending (LABL), often referred to as Lombard lending. Nowada...

20 May 2019 /inclusion Innovation in Financial Services

Liquid asset based lending - a clear retail banking market opportunity

Lending against liquid marketable assets like securities and bonds, has been around for quite some time. We could say that the Lombards who conquered Italy in the 6th century, and settled in the northern region that became known as Lombardy, invented this first form of liquid asset based lending (LABL), often referred to as Lombard lending. Nowada...

07 May 2019

How sandboxes and prototyping labs enable banking innovation

Banks are looking for new ways to come up with fresh ideas and be more agile in their product development. Often they are hindered by their legacy technology stacks, which limit their ability to go fast. Overcoming this obstacle often requires a far-reaching core system transformation. Then again, banks can’t simply jump and surgically remove the h...

30 January 2019

Community

Join the Community

Thomas Pintelon

Thomas's opinions