Joris Lochy Product Manager at Intix | Co-founder at Capilever
Last week I had the pleasure again to attend the yearly Digital Finance Summit (DFS) in Brussels (organized by Fintech Belgium). As each year, this was a super-interesting and fully-packed day of interesting panels, keynotes and networking, allowing to get a good update of what’s living in the Fintech scene in general and in the Fintech scene in B...
11 October 2022 /sustainable /startups Fintech World
Belgium is unfortunately not (yet) a hot spot of Fintech in the world. Contrary to our surrounding countries from which several Fintech Unicorns have emerged (e.g. Qonto, Alan or SpenDesk in France, Revolut, Monzo and Starling Bank in the UK, Mollie, Adyen and Bunq in the Netherlands or Trade Republic, N26 and Solarisbank in Germany), Belgium unfo...
19 September 2022 /startups /markets Fintech World
The word "Fintech" has become such a hype and such a widely used term, that it can actually mean anything today. Therefore when people ask for trends in the Fintech industry, this becomes harder and harder to answer, as anything even remotely associated with financial services can be linked to Fintech. Additionally traditional financial ...
06 September 2022 /inclusion /markets Fintech World
Every business has to deal with refund requests. As there is (at first sight) no business added value in processing these requests (to the contrary they only cost money), very few companies invest in a fluent and efficient process for dealing with them. This in contrast to the standard check-out process, in which significant investments are done t...
25 July 2022 /payments The Payments Business
With the Covid crisis (nearly) behind us, there has been a strong focus by governments worldwide on stimulating consumption in order to revive the economy as quickly as possible. This is needed in order to reduce public debts, which have exploded during the pandemic. This revival has however been so intensive, that it has led now to historically hi...
18 July 2022 /payments /inclusion Bigger than Technology
There is a clear trend with the young generation to be averse of credit cards. They have seen from their parents what a too high usage of credit cards can lead to and at the same time feel that credit cards are complex and lack transparency. The rise of BNPL is a clear consequence of that, i.e. these companies provide a different means to the same ...
29 June 2022 /payments /retail Trends in Financial Services
In my blog "Buy Now Pay Later - A credit in disguise? (https://www.finextra.com/blogposting/20660/buy-now-pay-later---a-credit-in-disguise) I raised already some concerns about the Buy Now Pay Later movement. While at first sight it seems indeed a more transparent and more user-friendly solution than payments via a credit card, in reality it ...
16 June 2022 /retail /startups BNPL
If you are not working in the payments industry, it remains a mystery why payments are such a complex domain. In its essence, it is just a debit from one account and a credit on another account, which in a digital world should be super easy to accomplish. The reality is however a whole different ball game, resulting from a complex web of dozens of ...
06 June 2022 /payments /retail SEPA and European Payments
The last few years we have been overwhelmed by PFM tools and account aggregators, giving us insights in our financial situation, like our spending habits, sources of revenue or forecasts of our expected future cash flows. While those tools are definitely useful, they still require quite some effort of the user and even more self-control of the user...
05 April 2022 /retail Banking and Lending Solutions
On a yearly basis billions of euros are donated to charity. This is done in all forms, i.e. from companies or individuals sponsoring charity events, to buying items of charity organizations all the way to the most easy form of donating directly money via a credit transfer or direct debit. Although this results in enormous money transfers, the cust...
11 January 2022 /sustainable Social Banks
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