Marco Polo, a blockchain-based platform for open-account trade finance created by TradeIX and R3 in collaboration with leading global banks, is to move into a live pilot phase following a successful six month proof of concept.
ING has built a 'digital shoebox' app that lets small business clients use their phone cameras to scan receipts and bills, then link them directly to transactions.
ING has spent EUR270 million to acquire a 75% stake in international card acquirer and payments platform Payvision.
A new survey(1) launched today by ING Bank and Illuminate Financial(2) has found that fintechs and banks believe they are partners in disrupting the financial services market.
As it starts piloting in the Netherlands this week, mobile payments app Payconiq has lost the backing of one of its major bank partners, ABN Amro.
Having successfully tested the use of blockchain technology in oil trading last year, ABN Amro, ING and SocGen have completed a first agricultural commodity trade using their Easy Trading Connect prototype.
Worldline [Euronext: WLN], the European market leader in payment and transaction services, and ING-DiBa are extending their partnership to the end of 2020.
ING is rolling out an artificial intelligence (AI) tool, Katana, designed inhouse to help traders decide what price to quote when a client wants to buy or sell a bond.
The innovation agenda has been top of mind for bankers attending Swift's operations forum in Amsterdam, with delegates sharing their experience of agile development practices, distributed ledger technology and IoT and AI deployment.
Dutch bank ING claims to have cleared a major hurdle in the use of blockchain technology in financial services: protecting data privacy.
© Finextra Research 2018