Joris Lochy Product Manager at Intix | Co-founder at Capilever
Disclaimer: this blog is not directly associated to the financial services and Fintech sector, but as it forms an introduction to a 2nd and 3rd blog, which are indeed related to these sector, I have published this blog nonetheless also on the Finextra platform. My apologies to people considering that this blog is off-topic for this platform. The...
23 August 2020 /sustainable Sustainable compliance
In July of this year, KBC bank (the 2nd largest bank in Belgium) surprised many people, including many of us working in the banking industry, with their announcement that they bought the rights to broadcast the highlights of soccer matches in Belgium via their mobile app (a service called "Goal alert"). The days following this announceme...
17 August 2020 /retail Open Banking
With more and more companies switching from transaction-based consumption to subscription-based solution models and customers (both consumers as businesses) actively adopting this trend, the management of these subscription services becomes more and more difficult. Very quickly you start accumulating a lot of different subscriptions, which are aut...
10 August 2020 /payments /startups Innovation in Financial Services
Marketplaces are emerging in every sector and the financial sector is no exception to this trend. For every product or service, for which multiple parties interact, marketplaces unfold to better match the supply and demand and improve the cooperation between the involved parties. Marketplaces have however unique dynamics, due to their multi-facial...
02 August 2020 /startups /markets Banking Strategy, Digital and Transformation
The word Fintech (short for "Financial Technology") was first recorded in the 1980’s in the Sunday Times. However it was only until the financial crisis of 2007-2008, that the usage of the term became more widespread. The resulting lack of trust in the traditional financial system inspired many tech-entrepreneurs to create new start-ups ...
26 July 2020 /retail /startups Fintech innovation and startups
Marketplaces are on the rise! A digital marketplace is an online platform, where different third-parties connect and supply and demand can be matched. This supply/demand can be a specific product or service, but can also facilitate a full customer journey, by matching products and services of multiple vendors for each step of the journey (e.g. a c...
19 July 2020 /startups /markets Innovation in Financial Services
“The future of coding is no coding at all” - Chris Wanstrath (CEO at GitHub). Mid May I posted a blog on RPA (Robotic Process Automation - https://bankloch.blogspot.com/2020/05/rpa-miracle-solution-for-incumbent.html) on how this technology, promises the world to companies. A very similar story is found with low- and no-code platforms, which also ...
12 July 2020 /devops Banking Architecture
Marketplaces are hip and trendy on the internet and will likely evolve even more in the near future. In some markets (like food delivery, transportation, commerce, holiday…) they already represent double digit market shares (e.g. in 2018 $1.86 trillion was spent globally on the top 100 online marketplaces), but for the financial services sector, ...
30 June 2020 /devops /markets Open Banking
“In every day, there are 1,440 minutes. That means we have 1,440 daily opportunities to make a positive impact.” - Les Brown As human beings we all strive to be appreciated. For young people this is the appreciation of their friends, family, colleagues…, but as you get older you strive also towards after-live appreciation, i.e. your legacy. With t...
23 June 2020 /devops Whatever...
In a time of real-time, instant payments, it is strange to see that companies providing pre-paid gift vouchers are still massively being created and continue to grow. At first sight buying such a gift voucher has only disadvantages, as it converts liquid currency to a product, with less favorable qualities (i.e. can only be consumed in certain shop...
16 June 2020 /payments The future of Payments in Europe
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.