Netherlands


Payments: contactless charitable cases

Charities large and small are waking up to the need to embrace contactless payments. Banking Technology looks at the drivers, challenges and opportunities.

EC investigates Dutch and Polish banking groups over fintech access

The European Commission (EC) has confirmed its officials carried out unannounced inspections in “a few member states” concerning online access to bank account information by competing service providers. The EC doesn’t name the countries involved, but “according to people familiar with the matter” that spoke to the Financial Times, Poland and the Netherlands are among […]

SaaS-y Mambu powers New10’s Dutch SME lending

New10, ABN Amro’s newly launched fintech firm, has selected Mambu’s Software-as-a-Service (SaaS) engine to power a range of SME lending products in the Netherlands. Like many start-ups, speed is part of the sales pitch, and New10 says it aims to provide credit decisions for SMEs within 15 minutes and offers a fully digital application process. […]

Moneyou moves on millennials with Bankable platform

Moneyou, the digital consumer subsidiary of Dutch bank ABN Amro, has implemented UK-based Bankable’s Banking-as-a-Service (BaaS) platform. The service is now open to selected customers in the Netherlands. Moneyou provides savings accounts to more than half a million customers and says it is diversifying via Bankable’s multi-wallet and multi-card technology to launch a product portfolio […]

Dutch regulator fines International Card Services €2.4m

The Netherlands Authority for the Financial Markets (AFM) is fining International Card Services (ICS), a wholly-owned subsidiary of ABN Amro, for excessive credit limits. In March 2017, ICS says it took the initiative itself and prepared a compensation plan for the clients concerned. ICS will pay the €2.4 million fine imposed by the AFM. Which […]

ABN Amro and ING lead charge for Dutch ATM survival

ABN Amro, ING, Rabobank and Geldservice Nederland (GSN) have teamed up to explore a potential initiative to ensure the availability of ATMs in the Netherlands. These discussions are being conducted in consultation with the nation’s central bank, De Nederlandsche Bank (DNB), and draw upon “successful initiatives” in Sweden and Finland. With the rise of digital […]