162 Results
Joris Lochy Product Manager at Intix | Co-founder at Capilever
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
Last week I had the chance to attend the yearly "Digital Finance Summit" conference in Brussels. After a pure digital event last year, the event was a hybrid event this year, which allows to network in a much more effective way. Such conferences are always an excellent way to get inspired and take a step back from your daily work to get ...
09 December 2021 /startups /predictions Fintech innovation and startups
BNPL (short for "Buy Now Pay Later") is a hot topic in the Credit space. The recent funding round of Klarna (one of the most known BNPL players on the market) of $639 million at a valuation of $45,6 billion makes it Europe’s most valuable startup and shows that investors predict continuing exponential growth for this service. This antici...
26 July 2021 /retail /startups BNPL
At my current company Monizze, we issue social vouchers, like meal, eco and gift vouchers. These vouchers are consumed using a specific Monizze payment card via a physical terminal. As a result, I come into contact with card payments on a daily basis. Unfortunately, I am still far from being a card expert, but along the years I can say I have buil...
21 June 2021 /payments Frictionless Payments
NFTs are at the moment a real buzz. The word NFT stands for non-fungible token, which means a unique, irreplaceable cryptographic object. It aims to manage ownership of digital content (digital collectible items) by storing the ownership in the form of a digital certificate on a blockchain (usually on the Ethereum blockchain, but other blockchains...
09 June 2021 /wealth /crypto Blockchain Observations
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