Latest ING News: Finextra Research

Encompass acquires ING compliance startups

Encompass Corporation has acquired two compliance startups - CoorpID and Blacksmith - developed by Dutch bank ING.

17 January 2024

FinTech Australia says ING systems upgrade may breach open banking rules

Fintech Australia and the Financial Data and Technology Association (FDATA) are calling on Australia's competition watchdog to intervene in ING Bank's planned upgrade to an Open Banking-related system.

08 February 2023

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Corlytics acquires ING RegTech platform SparQ

Corlytics has acquired SparQ, a regulatory monitoring platform spun out of ING, in a €5 million aggregate deal.

25 January 2023

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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.

10 December 2020

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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

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Dutch banks to create AML transaction monitoring utility

Five Dutch banks have joined forces to create a transaction monitoring utility in the fight against money laundering and the financing of terrorism.

09 July 2020

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EC expert group issues call to action on fintech regulation

A European Commission (EC) Expert Group has called on regulators to respond to the changing nature of fintech by adapting the rule book and legal frameworks to encourage innovation and dampen emerging risks.

18 December 2019

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ING joins $19.3m funding round for regtech Ascent

Dutch banking giant ING has joined a $19.3 million Series B funding round for American AI-based regtech Ascent.

08 November 2019

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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

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AI and enhancing the human element in financial services

At SIBOS 2019, industry experts will be discussing how the financial services sector is in the vanguard of deploying AI on a global scale and whether the technology will be a transformative force or has the potential to act as an existential threat.

06 September 2019

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Dutch banks told to stop using payments data for personalised marketing

Dutch banks have been told to stop using their customers' payments data for the purposes of personalised direct marketing.

09 July 2019

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Big banks create Utility Settlement Coin company

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.

03 June 2019

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