BNP Paribas buys ABN Amro’s Luxembourg business
ABN Amro (Luxembourg) sees no future for its wealthtech business in the country.
ABN AMRO
Nxchange pioneers ABN Amro’s blockchain tech for escrow accounts
ABN Amro Clearing Bank (AACB) has developed a blockchain-based alternative for escrow accounts.
ABN Amro, ING and Rabobank hit by cyberattacks
All suffered a series of DDoS attacks last weekend.
Payments round-up: 26 January 2018
Features Alipay in Israel; ABN Amro and Payconiq ending talks; and Apple’s Business Chat.
The suspense is wearable with ABN Amro payments pilot
Testing new wearables as a payment method with 500 of its clients.
ABN Amro’s Prospery supported by Five Degrees’ tech
EXCLUSIVE: ABN Amro’s new wealth management proposition, Prospery, has implemented Five Degrees’ Matrix solution.
Prosper with ABN Amro’s Prospery wealth manager
ABN Amro has unleashed Prospery, its online wealth manager offering digital asset management combined with personal coaching by experts.
Top fintech stories this week – 24 November 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
ABN Amro joins API rush with developer portal
ABN Amro has launched the first version of its Developer Portal, with a series of commercial application programming interfaces (APIs). The bank says working more closely with external developers will help it accelerate innovation and improve its services.
Tink secures investment and bank partners as it plans European expansion
Swedish fintech company Tink has signed with Nordic banks Nordea, Klarna and Nordnet. Integrating in 2018, the banks will use Tink’s payment technology and personal finance management (PFM) platform within their existing customer channels.
SaaS-y Mambu powers New10’s Dutch SME lending
New10, ABN Amro’s newly launched fintech firm, has selected Mambu’s Software-as-a-Service (SaaS) engine to power a range of SME lending products in the Netherlands. Like many start-ups, speed is part of the sales pitch, and New10 says it aims to provide credit decisions for SMEs within 15 minutes and offers a fully digital application process. […]
Moneyou moves on millennials with Bankable platform
Moneyou, the digital consumer subsidiary of Dutch bank ABN Amro, has implemented UK-based Bankable’s Banking-as-a-Service (BaaS) platform. The service is now open to selected customers in the Netherlands. Moneyou provides savings accounts to more than half a million customers and says it is diversifying via Bankable’s multi-wallet and multi-card technology to launch a product portfolio […]
Fintech funding round-up: 7 September 2017
The fintech funding is on fire. Following on from yesterday’s (6 September) action, here’s another round-up. Features ABN Amro, Cloud Lending Solutions, Dataiku, EY and Innovate Finance. Amsterdam-based ABN Amro has made an undisclosed investment in US-based Cloud Lending Solutions (CLS) – the second by the bank’s Digital Impact Fund (DIF) and in line with […]
Dutch regulator fines International Card Services €2.4m
The Netherlands Authority for the Financial Markets (AFM) is fining International Card Services (ICS), a wholly-owned subsidiary of ABN Amro, for excessive credit limits. In March 2017, ICS says it took the initiative itself and prepared a compensation plan for the clients concerned. ICS will pay the €2.4 million fine imposed by the AFM. Which […]
ABN Amro and ING lead charge for Dutch ATM survival
ABN Amro, ING, Rabobank and Geldservice Nederland (GSN) have teamed up to explore a potential initiative to ensure the availability of ATMs in the Netherlands. These discussions are being conducted in consultation with the nation’s central bank, De Nederlandsche Bank (DNB), and draw upon “successful initiatives” in Sweden and Finland. With the rise of digital […]
ABN Amro pilots blockchain in commercial real estate
Amsterdam-based ABN Amro Bank has launched a pilot to explore how its blockchain application Torch can be used in real estate transactions to record and exchange information. The bank says real estate transactions involve numerous parties, such as buyers, sellers, tenants, landlords, appraisers, notaries, banks, the Land Registry Office, the Chamber of Commerce and regulators. […]
ABN Amro selects MarkLogic for trade store
Amsterdam-based ABN Amro Bank has chosen MarkLogic Corporation’s database for its trade store – and to integrate trade data across asset-classes and several trading systems. It will provide a consolidated view of data to provide a “single source of truth” for reporting purposes as well as providing alerts when behaviour is outside normal parameters. Jaap […]
Tier 1 US bank live with Temenos core and payments software
Temenos says it has gone live with its flagship T24 core banking system at a “top 20 US bank”. Banking Technology understands this is Ally Financial. The bank is also now live with the vendor’s newly-built payments hub, Temenos Payments Suite (TPS). It is “the first tier 1 bank to do so in the US”, […]
ABN Amro teams with First Data for payments
Dutch state-owned bank, ABN Amro, is partnering with US-based First Data for payments and will offer services through its joint venture European Merchant Services (EMS). EMS has been processing credit card and debit card payments for businesses for over 25 years, and ABN Amro says entrepreneurs and small business owners will be able to add […]
ABN Amro launches Snapchat
ABN AMRO is offering ‘webcare’ via Snapchat, the self-deleting message and picture service, which has 1 million Dutch users. Jeroen van de Ven, ABN AMRO Social Media Manager: ‘If a specific target audience opts for a new channel in such large numbers, we as a bank have to adapt, in an accessible way that fits […]
ABN Amro extends Temenos relationship to private banking
ABN Amro plans to implement the Temenos WealthSuite integrated wealth management platform for its international private banking business. It will also be able to extend the use of the T24 core system to its private banking and diamond & jewellery business, giving it one platform with one operating model across multiple business lines.
ABN Amro Clearing joins MEFFPower
ABN Amro Clearing will offer clearing and settlement of trades at MEFFPower, cleared by BME Clearing. The Spanish Power derivatives market is one of the top five markets in Europe and has experienced great growth in the past decade. The maturities offered by ABN Amro Clearing as swaps and futures will be: annual, quarter, months, weeks, week-ends and […]
ABN Amro launches global FIX trading push
ABN Amro Clearing has launched a new global trading platform for equities and futures which it says can route clients between Asia, Europe and the US using a single FIX connection.
ABN Amro joins Eurex OTC Clear
Dutch bank ABN Amro has become a member of German derivatives exchange Eurex’s OTC Clear service, which clears interest rate swaps, as part of the bank’s compliance with EMIR.
ABN Amro tech failure results in fine
Dutch bank ABN Amro has been fined by Nasdaq OMX Stockholm for a technology failure that led to an erroneous order entering the market.
ABN Amro hiring spree targets Asian private wealth
Dutch bank ABN Amro has hired 11 new specialist staff as it attempts to build out its business for high net worth individuals in Asia and the Middle East.
