Latest ABN Amro News: Finextra Research

Thirteen banks to pilot SwiftNet Trade Services Utility

Swift has signed thirteen major trade banks to pilot the SwiftNet Trade Services Utility (TSU) from December 2005.

05 September 2005

Sepa to lop EUR29bn off payments revenue

The introduction of the EU's Single Euro Payments Area (Sepa) could reduce banks' direct payments revenue by as much as EUR29 billion - or 60% - by 2010, according to research compiled by CapGemini and produced in partnership with ABN Amro and The European Financial Management & Marketing Association (EFMA).

05 September 2005

/Sibos

ABN Amro seals EUR1.8bn IT outsourcing deal

Dutch financial services group ABN Amro has awarded a five year IT outsourcing deal worth EUR1.8bn to five vendors - IBM, Accenture, Infosys Technologies, Tata Consultancy Services (TCS) and Patni Computer Systems. The upheavals will lead to the loss of 1500 IT jobs at the bank.

01 September 2005

/Sibos

ABN Amro outsources mobile comms to KPN

Dutch banking group ABN Amro is outsourcing the management of its mobile communications operations to local telecoms operator KPN.

08 August 2005

/retail

ABM Amro outsources self-service operations to Wincor Nixdorf

Dutch banking group ABN Amro has signed a multi-year outsourcing contract with Wincor Nixdorf for the management of its self-service network across the Netherlands. Financial terms of the contract were not disclosed.

28 July 2005

/Sibos

Dutch banks agree digital billing standard

Holland's top four banks have reached agreement on a standard for exchanging digital bills and invoices via Internet banking with a view to introducing a national scheme in the first half of 2006.

18 July 2005

/retail

ABN Amro selects Todos remote authentication technology

Dutch bank ABN Amro is to supply its Web banking customers with remote authentication technology from Swedish security firm Todos Data Systems.

08 July 2005

/retail

ABN Amro to open network of 'advisory' bank branches

ABN Amro is to open 100 new 'financial centres' this year in an effort to reposition the high street bank branch as an advisory location.

13 June 2005

/retail

ABN Amro unveils online brokerage

ABN Amro has unveiled a new online brokerage for active investors, comprising a menu of pay-per-use automation options with optional human advisory services.

19 April 2005

/retail

TSYS wins ABN Amro card processing deal

US electronic payment processor TSYS has won a seven-year deal to provide card payment processing services to Dutch bank ABN Amro.

18 March 2005

/retail

ABN Amro begins Dutch chip and PIN card roll out

ABN Amro has begun issuing mc2 chip and PIN payment cards to its credit card customers in the Netherlands.

17 March 2005

/retail

Ariba signs ABN Amro to procurement technology

Dutch banking group ABN Amro is using technology from California-based Ariba to streamline and support procurement processes across its global operations.

22 February 2005

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