Latest ING News: Finextra Research

ING pilots ultra-wideband tech for P2P contactless payments

ING is piloting a peer-to-peer payments app that uses ultra-wideband (UWB) technology to let users transfer money by simply pointing one handset at another.

13 July 2022

/payments

Money 20/20 EU: How ‘web2.5’ and DLT are propelling financial services forward

In conversation with Mariana Gomez de la Villa, centre expertise lead, distributed ledger technology, ING, Finextra secured a first-hand take on the key trends dominating the DeFi world, from one of the industry’s leading voices. Here are Gomez de la Villa’s key insights shared direct from the floor of Money20/20 in Amsterdam:

14 June 2022

/payments

ING to wind down Payvision

ING is to shut down Payvision, the controversial international card acquirer and payments platform that the Dutch bank acquired in 2018 for €360 million.

01 November 2021

/payments

HSBC and ING invest in BNPL firm Divido

White label buy now, pay later player Divido has raised $30 million in a Series B funding round led by HSBC and ING.

02 June 2021

/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.

09 April 2021

/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".

10 November 2020

/payments

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.

16 October 2020

/payments

ING spin out Cobase welcomes Nordea and Crédit Agricole CIB as new shareholders

ING spin-out Cobase, a provider of multi-bank treasury management services, has raised €10 million in funding from Nordea and Crédit Agricole CIB.

10 June 2020

/payments

US must look to ‘future proof’ the dollar with a CBDC

Accenture and the Digital Dollar Foundation have published a whitepaper laying out proposals for the development of a central bank digital currency (CBDC) in the US.

04 June 2020

/payments

Belgium's big four banks to build shared ATM network

Belgium's big four banks are joining forces to set up a network of bank-neutral ATMS, with the aim of accommodating changing customer behaviour towards the use of cash.

10 January 2020

/payments

Dutch banks join forces to tackle money laundering

Five of the biggest banks in the Netherlands are looking into the creation of a joint body to monitor payment transactions and fight money laundering.

18 September 2019

/payments

ING partners Dutch supermarket to trial cashierless store

ING has teamed up with Dutch supermarket chain Albert Heijn and US tech startup AiFi to pilot a cashierless store where customers tap their bank card as they enter, pick up their groceries, and walk out.

06 September 2019

Latest news