04 March 2019 | Banking, Innovation
ING launches Developer Portal
ING takes next step into open banking by sharing selected APIs
ING takes next step into open banking by sharing selected APIs
ING’s reputation as a leader in the use of blockchain technology has been enhanced with the bank joining forces with HSBC to conduct their first live, commercial trade finance transaction on blockchain.
ING has reached an agreement to acquire a 75% stake in Payvision, a fast-growing, leading international omnichannel payments service provider. Payvision has a total value of EUR 360 million. The transaction will enable ING to strengthen its footprint in omnichannel payments services and expand its merchant services for its business customers, in particular in the fast-growing e-commerce segment.
ING and the European Investment Bank provide €110 million to make ships less polluting.
ING has signed a memorandum of understanding (MoU) with TMB, Thanachart Bank (TBANK) and TBANK’s major shareholders Thanachart Capital and The Bank of Nova Scotia to discuss a proposed merger of TMB and TBANK.
Today, ING’s Director of Corporate Strategy, Dorothy Hillenius, will address the Digital Banking Revolution conference organized by Bank of America Merrill Lynch in London. She will elaborate on how technology and changing customer behaviour are transforming the banking industry, with customers increasingly using different channels in their search for reliable and easy solutions. In addition, she will talk about ING’s strategy to earn the primary relationship with the customer and how the bank creates a differentiating customer experience in today’s digital era.
Do banks have the potential to stay relevant in payments? ‘Absolutely’, said Mark Buitenhek Global Head Transaction Services of ING.
Half of European adults with access to a mobile device such as a smart phone or tablet computer expect to use mobile payment apps over the next 12 months, according to the ING international survey of more than 14,000 consumers.
Today, ING CEO Ralph Hamers will address the Morgan Stanley European Financials Conference in London.
With the ECB expected to keep interest rates very low for the foreseeable future, new research shows that European consumers may risk paying millions in unnecessary interest by not considering the use of savings to reduce expensive debts.