ING

370 results about this entity

Period: 11 Apr 2006 - 21 Mar 2024

/payments

BNP Paribas Fortis joins ING and KBC as ch-shareholder in loyalty platform Joyn

BNP Paribas Fortis will become a co-shareholder of Joyn and will acquire about one third of the shares, just like the other two big banks, KBC and ING. A small minority share remains in the hands of Gate 54.

/people

ING splits board level responsibility for operations and technology

ING is reinfocing its commitment to technology, stripping chief operations officer Roel Louwhoff of his reponsibility for driving transformation and elevating chief information officer Ron van Kemenade to CTO with a place on the executive board.

/payments

EBAday 2021: Finding European synergy in the transition from Open Banking to Open Finance

Pioneering a defined strategy in 2020, the European Commission outlined its intention to adopt a legislative proposal for a new Open Finance Framework by mid-2022.

/startups

ING invests in credit scoring startup Flowcast

ING Ventures is investing an additional $3 million into Flowcast, a fintech startup that applies AI to the credit and collection process for non-performing loans.

/regulation

ING hit with €3 million fine by French financial regulator over AML flaws

ING has acknowledged the decision published today by the financial regulator in France, the Autorité de contrôle prudentiel et de résolution (ACPR), on ING in France, following its inspection in 2018, for shortcomings in its anti-money laundering (AML) and anti-terrorist financing framework.

/retail

ING to exit Austrian retail market

ING is announcing today that it is reviewing the strategic options for its Retail Banking operations in Austria with the aim of exiting this market by the end of 2021.

/sustainable

ING appoints Anne-Sophie Castelnau global head of sustainability

Anne-Sophie Castelnau has been appointed ING’s global head of Sustainability per 1 April 2021.

/retail

ING to leave Czech retail banking market by end-2021

ING is announcing today that it intends to withdraw from the retail banking market in the Czech Republic. Raiffeisenbank Czech Republic has agreed to prepare a welcome offer for ING’s retail customers in the Czech Republic.

/retail

ING launches discount shopping platform in Germany

ING in Germany has launched DealWise, a shopping platform that gathers cashback deals and discounts from merchants in a single place on its online banking service.

/wholesale

Big banks invest in HQLAx

Securities lending platform HQLAx has closed a €14.4m investment round led by BNY Mellon, Goldman Sachs, BNP Paribas Securities Services and Citigroup, and with participation from longtime strategic partner Deutsche Börse Group.

/devops

ING Ventures invests in data privacy company eXate

ING Ventures has invested in London-based data security company eXate.

ING appoints Boston Consulting Group partner Peter Adams as CEO for Belgium

Peter Adams has been appointed as chief executive officer of ING in Belgium from 2 January 2021.

/people

ING innovation chief Legrand quits

ING chief innovation officer and CEO of ING Ventures, Benoît Legrand is to quit the Dutch lender in March next year after being sidelined in a recent shakeup of the bank's innovation unit.

/crime

Prosecutors investigate UBS boss over ING money laundering case

A Dutch court has ordered a criminal investigation into UBS CEO Ralph Hamers' role in a money laundering scandal at his previous employer, ING.

/retail

Belgian banks enlist Auriga for shared ATM network

Belgium's big four banks have called in vendor Auriga to manage their new network of bank-neutral ATMs.

/payments

Harmonisation across the Pan-European Payments Landscape

Evelien Witlox, Global Head of Payments, ING, speaks during EBAday 2020 about the Pan European Payments Landscape. We learn about the need for harmonisation across countries, whether there a case to be made for collectively joining forces to manage them more efficiently and how ING balances the vast number of regulatory initiatives with their ambition to stay innovative.

/payments

ING-owned Payvision branded as the "Netherlands Wirecard" by EFRI

The European Funds Recovery Initiative (EFRI) is seeking €7 million in restitution for victims of boiler room scams which were processed by ING-owned Payvision, a company the Viennese not-for-profit brands as the "Netherlands Wirecard".

/people

ING to appoint Ljiljana Čortan as chief risk officer

ING announced today that Ljiljana Čortan will be appointed chief risk officer of ING. Ljiljana Čortan until recently served as chief risk officer of HypoVereinsbank – UniCredit Bank (HVB) in Germany.

/people

ING to shed 1000 jobs; reins in digital banking ambitions

ING is shelving plans to develop a unified digital experience for customers in overseas markets, taking a €140 million hit in capitalised software costs against the programme.

/retail

EBAday 2020: Open Banking – where do we go from here?

Recent research from ING suggested that consumers remain suspicious and uninformed about open banking despite it now being firmly embedded into the financial services ecosystem across parts of Europe and elsewhere.