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Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

RPA - The miracle solution for incumbent banks to bridge the automation gap with neo-banks?

Hypes and marketing buzz words are strongly present in the IT landscape. Often these are existing concepts, which have evolved technologically and are then renamed to a new term, as if it were a brand new technology or concept. If you want to understand and assess these new trends, it is important to reduce the concepts to their essence and compare...

/devops Banking Architecture

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Your Personal Balance Sheet - Should everybody have one?

For companies a financial balance sheet (i.e. the statement of the financial position at a certain date) is common practice and for the majority of companies even mandatory to create one as part of their annual reporting. In such a balance the assets are put against the liabilities, with the sum of the assets always equal to the sum of the liabilit...

/wealth /retail Trends in Financial Services

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Pre-paid cards - An outdated concept with a lot of innovative potential

In most industries there is an evolution from pre-paid to post-paid, i.e. instead of having to acquire products or pay costly subscriptions or licenses upfront (with a lot of unnecessary features), there is a tendency to pay more based on usage. This trend of "Everything as a Service" is converting massively CapEx into OpEx, which financ...

/payments /retail Payments strategies 2015-2020-2030

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

A frictionless check-out experience, what does that actually mean?

In today’s design of (software) solutions, providing a frictionless user experience is (and should be) a top priority within every organization. While payments have already gone through a major evolutioneliminating much of the frictions (from cash payments to card payments up to contactless card payments and mobile payments), the entire checkout pr...

/payments /retail Payments strategies 2015-2020-2030

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

A bank account - A concept of the past

Almost every recent article written about banking starts with the statement that the banking industry is being disrupted by new competitors, new innovations and new technologies. Although this statement is definitely true, the extend of the disruption can still be debated. Even the most innovative neo-banks still work with bank (current, saving, te...

/retail Electronic Bank Account Management

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Budgeting apps - A red ocean looking for a market

In August 2019, I wrote a blog post on PFM tools called "PFM, BFM, Financial Butler, Financial Cockpit…​ - Will the cumbersome administrative tasks on your financials finally be taken over?". Since then, driven by the go-live of PSD2 and Open Banking APIs, numerous Fintechs are developing new solutions acting as your personal financial b...

/retail Innovation in Financial Services

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Digital signature - There is no such thing as THE digital signature

In the current digital world, we are continuously digitally transacting with companies all over the world. Each transaction leaves a digital trace, allowing the company (in case of litigation) to prove you, as the user, have explicitly accepted the transaction. However, as you have probably noticed while surfing on the internet, confirming a trans...

/security Digital Identity Management

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Financial inclusion - A word with many meanings

In recent years, the usage of the term "Financial Inclusion" has risen exponentially. As with any buzzword, it is used and misused by many companies to boost their corporate image and get support from different governments (e.g. subsidies). As with so many buzzwords, the term has become so much overloaded, that it now encompasses a wide ...

/sustainable /inclusion Financial Inclusion

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Banks are finally embracing the Open Source movement

Historically banks have been hesitant to adopt open source software (i.e. software where source code is shared and made freely available). With traditional vendors like IBM, TIBCO, Oracle…​ strongly positioned in this industry, the move to open source has been slow. In recent years, forced by a rapidly changing business, banks are transforming the...

Innovation in Financial Services

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

PSD2 - 10 questions requiring an answer - Here is a shot on an answer.

A bit more than 3 months ago, I submitted the blog "PSD2 - 10 questions I would like to see a clear answer on" (https://www.linkedin.com/pulse/psd2-10-questions-i-would-like-see-clear-answer-joris-lochy/), raising 10 questions around PSD2, on which I was searching an answer on. Via different channels, I got requests of many people, that ...

/payments SEPA and European Payments

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