Divido raises $30m from HSBC and ING to expand white label BNPL product
Founded in 2014, the firm claims 1,000 clients across 10 markets.
ING
Minna Technologies powers subscription services at Banco Sabadell and ING
Two European banks launch new digital products with the Swedish fintech.
Banking Tech Awards 2020 Winner: Yolt – Best Mobile Initiative
Yolt’s new mobile app: nudge techniques, open banking and smarter personal finance.
ING rolls out integrated retail cashback service DealWise in Germany
The bank originally planned to launch the integration last year.
2020 review: 10 largest bank job cuts this year
This year has seen several job cut announcements.
Former ING CEO Ralph Hamers faces probe over historic AML failures
Hamers moved to Zurich in September to become CEO of UBS.
Auriga to manage Belgium’s new ATM network Batopin
Batopin was formed by four major Belgian banks.
If consumers welcome new payment options, why are they slow to adopt them?
The world of payments continues to evolve, but are consumers evolving with it?
ING subsidiary Payvision accused of pushing €131.2m in fraudulent payments
ING acknowledges the claim, but cannot comment further at this time.
ING pumps brakes on digital banking plans, plans 1,000 job cuts
Dutch bank forced to pull back on widespread CX changes after €140m already spent.
Sibos 2020: ING’s CEO urges regulators to give banks a PSD2 equivalent
Van Rijswijk is “strongly advocat[ing]” that regulators come up with an equivalent for banks.
ING partners with genesis to launch Credit Insurance Application
Dutch bank plans to revamp credit and political risk insurance.
Major Dutch banks launch AML joint venture
Rabobank, ING, ABN Amro, Triodos Bank, and de Volksbank make AML move.
ING Belgium deploys Minna Technologies’ subscription manager
ING Belgium has roughly 1.8 million digital banking customers.
ING taps Expert System to boost back office automation
The Dutch bank is aiming to improve its application of RPA.
ING names Steven van Rijswijk as new CEO
The Dutch bank finds its replacement for Ralph Hamers.
ING’s multibanking start-up Cobase gets two new shareholders
The start-up will expand beyond Western Europe.
Business banking app Countingup lands £4m led by ING
ING says Countingup is a “digitally disruptive solution”.
ING invests $5m in natural language processing start-up Eigen
The capital from ING brings Eigen’s total Series B to $42 million.
UBS appoints ING’s Ralph Hamers as next chief executive
Hamers will step down from ING at the end of June and join UBS in September.
FinovateEurope: Key takeaways
Sharon Kimathi and Ruby Hinchliffe explore the event’s top five themes.
Bank-backed blockchain trade platform Contour launches in Singapore
Contour is built on R3’s Corda platform.
Belgian banks team up to launch shared ATM network
Four major banks want to create “brand neutral” ATMs.
ING to launch analytics tool Katana as new fintech company
Dutch bank plans to spin out its AI tool in London.
MoneyLive 2019: Banks have to be humble even if they’re everywhere, says ING exec
Banks tend to over-promise to customers through their adverts, says ING CIO
ING invests in regtech Ascent
The Dutch bank backs AI-driven regulatory compliance solutions.
ING validates transactions without compromising data in “blockchain breakthrough”
Transactions on Corda can now be proofed with complete privacy.
HSBC launches trade finance API for bank guarantees
Launch is first of a series focused in the trade finance sphere
Dutch banks promise to tackle money laundering
€16 billion in criminal money circulates the Netherlands alone.
ING reveals crypto report: The utility phase
Until crypto is useful, mass adoption will not follow.
ING teams up with Dutch supermarket and US tech start-up
The bank is piloting a cashierless store at Albert Heijn in cooperation with AiFi.
Why should banks and fintechs work together?
Partnering up with fintechs and leveraging their agility and technological edge is what will keep banks relevant.
Video: fintech news weekly round-up – 29 July 2019
Some of this week’s news, in video format!
ING joins project to create blockchain-based USC
The utility settlement coin will reduce exchange rate risks.
Yolt signs partners and prepares for wider roll-out
Yolt is also partnering with Payvision and Funding Options, both of which also have ties to ING.
Trade finance standardisation project backed by 14 giants
The project seeks technology use and standardisation for the wider distribution of trade finance assets.
Yolt tests out payments with UK banks
ING-backed money app on a high on the high street.
Big banks bond with CommonBond for $750m lending spree
US firm to use money for in-school student lending businesses.
Funding Options launches in Netherlands with ING
A partnership six months in the making.
Video: fintech news weekly round-up – 28 January 2019
Featuring LatAm, ING, Alipay and Square.
