Joris Lochy

Product Management Consultant | Co-founder at Capilever

Message Posts: 91 Comments: 12

Bio Independent Product Management Consultant, helping customers in the Fintech space to innovate, i.e. from ideation to conceptualization to implementation, taking on different roles and responsibilities (business analysis, functional and technical design, solution architecture and project management). Career History Active in the financial services industry, since 2003: - 8 years at Accenture - 3 years at CSC - 3 years at Deutsche Bank - 3.5 years at The Glue - 3.5 years at Monizze

Blogs

Financial Inclusion

Improving Financial Access for Refugees: How Fintechs Can Foster Inclusion

19 May 2023

As the world faces unprecedented numbers of refugees (from countries like Ukraine, Syria, Afghanistan, Eritrea, Venezuela…), it is more important than ever to find structural solutions to improve the financial inclusion of this group, helping them to rebuild their lives and integrate them into their new communities. Unfortunately, traditional fin...

Fintech, you get me!

Problematic debt - A big taboo in search for a Fintech solution

03 May 2023

Taking on debt is not necessarily a bad thing (as long as the debt is used for things to generate wealth), but in the current cost-of-living crisis debt can easily spiral out of control. With an ever-increasing number of people struggling to pay their bills and pay back their debts, problematic debt is a major concern. Unfortunately admitting to d...

Fintech, you get me!

Why Customer Centricity is Crucial for Fintech Success: Common Pitfalls to Avoid

26 Apr 2023

Fintech and customer-centricity go hand in hand. The Fintech movement originated from the observation that traditional incumbent banks insufficiently served their customers and focused too much on their own interests. This customer-first focus of the early Fintech pioneers is still at the heart of most Fintechs today, which means also that custome...

Fintech World

Changing market conditions will revolutionize the Fintech industry

06 Apr 2023

The rapid growth of the Fintech industry in recent years happened in a decade of exceptional economic climate, i.e. extremely low interest rates (close to 0% or even negative), exceptionally low inflation (less than 2%), a flooding of cash by central banks and an abundance of VC cash. This resulted in: Challenging times for incumbent financial p...

See all Joris's blogs

Joris is Commenting on

Buy Now Pay Later - A credit in disguise?

Ketharaman, thanks for interesting feedback. With regards to your comment on "buying products they don’t even need", I agree that this is not an issue per se, i.e. for people that can afford it. Unfortunately these type of credits push people that can't afford it in also buying these type of unneeded products. As a result, debt becomes so problematic, that they have to cut down on products/service they do really need (like food, health care, children's education, utilities...). This is an undesired situation, which should and is also addressed by governments and regulators. So in the end it's all about financial literacy and budget management.

28 Jul 2021 Reply Read article

5 SAAS Metrics potential customers can leverage for Evaluation: Data driven, immune to Sales Stunts

Very interesting blog. Thanks for that. Last year I wrote a similar blog on marketplace analytics and KPIs, which introduces some of the same KPIs, but also some others. Might be worth to checkout: https://www.finextra.com/blogposting/19162/marketplace-analytics---stop-running-your-business-blindly

12 May 2021 Reply Read article

How APIs Are Driving Change and Creating Opportunities in Financial Services

A good API strategy is definitely key for banks to innovate. And this in 2 directions, i.e. consuming APIs of other parties (providing valueable data & services) and exposing APIs themselves (with a clear business vision behind this). Check out also my blog "Transforming the bank to an Open API Ecosystem" (https://www.finextra.com/blogposting/17750/transforming-the-bank-to-an-open-api-ecosystem) for a detailed description of what to take into account.

28 Mar 2021 Reply Read article

Why the future belongs to banks, and not Fintechs

Excellent blog and fully agree with your position. Although incumbent banks definitely face challenges in their digital transformation, but they have also so many advantages compared to Fintechs and more specifically challenger (neo-) banks. As such it will be very hard for challenger banks to really disrupt the existing banking players, especially if they are forced to do it a profitable (in the long-term) way. Check out also my blog: "Neobanks should find their niche to improve their profitability" (https://www.finextra.com/blogposting/19706/neobanks-should-find-their-niche-to-improve-their-profitability)

28 Mar 2021 Reply Read article