Latest ING News: Finextra Research

ING Direct welcomes five millionth customer

ING Direct, the international telebanking arm of the Dutch financial services group, has signed up its five millionth customer, effectively doubling its customer base over the past year.

20 January 2003

/Sibos

ING opts for Logica payments transparency solution

Dutch finacial group ING is to deploy Logica's financial routing solution B@Fir for the processing of all high-volume payments and transfers at its sites in the Czech Republic.

13 November 2002

/Sibos

Brief: ING and Bank of New York strike global custody deal

ING and Bank of New York have entered a commercial custody alliance aimed at the sale of compliance monitoring, investment accounting, performance measurement and analytics to institutional investors in Germany, Benelux and central and eastern Europe.

16 October 2002

/wholesale

ING hires Screen Consultants for market data centralisation project

ING Group has hired Screen Consultants to optimise its market data delivery infrastructure at 500 dealing positions across sites in South West Europe.

15 October 2002

/Sibos

ING signs for Logica telco billing system

Logica has announced a deal with ING to introduce a billing system initially designed for telecommunications operators across the Dutch bank’s business operations.

01 October 2002

/regulation

ING outsources international equity settlement to Bank of New York

ING is to outsource its international cash equities clearance and settlements operations in London, New York, Hong Kong and Singapore to The Bank of New York.

05 September 2002

/retail

ING Direct hails four million telenet customers

ING Direct has clocked up four million customers for its worldwide direct banking operation, opening one million new accounts in the last four months alone.

15 July 2002

/regulation

ING employee in Y500 million settlement fraud - Reuters

A settlements officer at ING Securities in Tokyo has vanished after the Dutch broker discovered securities worth millions of yen were missing, according to a Reuters report.

12 July 2002

/regulation

ING banks on SunGard for credit risk management

ING Group of the Netherlands has selected SunGard Trading and Risk Systems' credit risk management solution Credient, delivered via an application service provider (ASP) framework.

05 June 2002

/wholesale

FXall integrates 11 liquidity providers to platform

FXall, the multi-bank foreign exchange trading portal, has integrated 11 more financial institutions as liquidity providers to its online platform.

14 May 2002

/retail

ING seeks synergies/cost savings from domestic shake-up

Dutch banking group ING is to bring together its diverse domestic operating units into four basic divisions, comprising retail, wholesale, intermediary and operations/IT.

18 April 2002

/retail

ING Direct passes three million customer milestone

ING Direct has clocked up three million customers worldwide for its telenet banking services.

06 March 2002

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