Sibos 2024: Navigating partnerships between banks and fintechs
The relationship between banks and fintechs has been an ever-evolving mix of collaboration and competition.
The relationship between banks and fintechs has been an ever-evolving mix of collaboration and competition.
FinTech Futures takes a look back at five of the top banking tech stories of the month.
ABN Amro is streamlining its digital lending operations and strengthening its trade finance transaction monitoring.
Our pick of the top fintech news stories this week includes HSBC, XYB, ABN Amro and more.
FinTech Futures takes a look back at five of the top M&A deals in May.
The deal is expected to close in Q1 2025 pending regulatory approvals.
Neuflize Vie was founded in 1990 as part of a joint venture between AXA and ABN Amro.
Edwin van Bommel of ABN Amro discusses the key areas banks should be targeting with their transformation projects.
Utrecht-based PSP Buckaroo will assume management of the bank’s debit card acquiring contracts.
ABN Amro hopes the deal will help it gain a foothold in the retail investment space.
The ABN Amro Ventures (AAV) fund is comprised of 15 early-stage companies and has €150m in AUM.
ABN Amro’s corporate customers can now better identify, manage, and enhance liquidity positions “on the go”.
BNP Paribas’ solutions will be connected to ABN Amro via the BlackRock Aladdin platform.
Bittner, who is currently CTO at Commerzbank, is set to fill the vacancy left by Christian Bornfeld.
The co-branded app is aimed at parents and youngsters between the ages of seven and 13.
Bornfeld has been “instrumental in future-proofing the bank’s IT landscape”, says CEO.
Vreugdenhil is leaving after almost two decades with ING.
Dutch lender rolls back operations to focus on home markets.
To date, the 25-person fintech has signed contracts with seven banks.
“[We’ve] firmly cemented the digital lending category in the Netherlands,” says Boersma.
The collaboration will connect ABN Amro with Techstars’ global network.
Moneyou has around 500,000 clients spread across the Netherlands and Germany.
A €703 million impairment charge is behind the bank’s losses.
Rabobank, ING, ABN Amro, Triodos Bank, and de Volksbank make AML move.
Real-life examples of how FIs delivered value to customers, reduced technology costs & transformed their businesses.
The latest funding round brings London-based Privitar’s total raised up to $143 million.
The loss is equivalent to almost 10% of the bank’s annual profits.
The bank admits there were some VPN teething issues.
Fenergo aims to expand its product portfolio following new injection.
Singapore and China are next on ABN Amro’s Temenos Payments roll-out list.
Bank is aiming to comply with anti-money laundering regulations
European crackdown on money laundering continues.
€16 billion in criminal money circulates the Netherlands alone.
Kendu’s core banking is managed by Sopra Banking Software.
Konsentus will provide Moneyou with third party provider (TPP) identity & regulatory checking.
The first international branch to go live with the system will be in Belgium.
The financial details of the deal have not been disclosed.
Tealium’s AudienceStream platform connects customer data in one place.
This includes Infosys’ acquisition of mortgage provider Stater.
Dutch bank offering contactless payments with ring, watch or bracelet.