Banking Technology February 2018 issue out now
Vision dreams of passion. And all the while I think of fintech.
Netherlands
ABN Amro, ING and Rabobank hit by cyberattacks
All suffered a series of DDoS attacks last weekend.
ING makes 75% incision in Payvision
Looks for growth and to broaden its payment product portfolio.
G+D right tonic for Rabobank mobile payment migration
Moves its SIM-based mobile payment solution to a cloud-based application using HCE tech.
The suspense is wearable with ABN Amro payments pilot
Testing new wearables as a payment method with 500 of its clients.
Payments: contactless charitable cases
Charities large and small are waking up to the need to embrace contactless payments. Banking Technology looks at the drivers, challenges and opportunities.
Top fintech stories this week – 22 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Fintech tour Amsterdam: the best of three worlds
A look at Amsterdam’s fintech scene via a one-day tour.
De Volksbank live with new core banking platform, Ohpen
De Volksbank, a retail and SME bank in the Netherlands, has migrated over 122,000 investment accounts to Ohpen’s core banking platform.
EC investigates Dutch and Polish banking groups over fintech access
The European Commission (EC) has confirmed its officials carried out unannounced inspections in “a few member states” concerning online access to bank account information by competing service providers. The EC doesn’t name the countries involved, but “according to people familiar with the matter” that spoke to the Financial Times, Poland and the Netherlands are among […]
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 […]
Kempen ousts legacy reporting tech in favour of Simcorp Coric
Kempen, a €49.5 billion asset manager in the Netherlands, is replacing its legacy client reporting solution with Simcorp Coric.
BNG Bank in regtech project with BearingPoint
BNG Bank, a public sector bank in the Netherlands, is implementing BearingPoint’s Abacus regtech solution for MiFID II/MiFIR, EMIR II, MMSR and SFTR reporting.
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 […]
LeasePlan in enterprise-wide tech overhaul with SAP and HCL
LeasePlan, one of the world’s largest fleet management specialists, is undertaking an enterprise-wide technology overhaul with SAP.
Rabobank and Signicat launch Rabo eBusiness in the Netherlands
Rabobank and Signicat have joined forces to launch a new digital identity service provider (DISP) for the Netherlands, Rabo eBusiness.
GarantiBank International live with Five Degrees’ Matrix system
GarantiBank International (GBI) has gone live with Five Degrees’ Matrix solution for retail savings and deposits in the Netherlands.
Digital bank bunq goes international with open API
Digital-only banking start-up, bunq, has expanded beyond its native Dutch market to Austria and Germany with the launch of its open API.
SNS Bank selects Ohpen for BPO core processing services
Amsterdam-based banking software vendor Ohpen has signed a long-term outsourcing agreement with Dutch state-owned bank SNS to deliver its business process outsourcing (BPO) solutions to support the investment propositions of ASN Bank, BLG Wonen, RegioBank and SNS. The services, underpinned by Ohpen’s Microsoft.Net-based core banking platform, will start by the end of 2017. Ohpen CCO […]
ING cans Twyp mobile payments app in the Netherlands, but keeps it going in Spain
ING is pulling a plug on its peer-to-peer (P2P) mobile payments app, Twyp, in the Netherlands due to the lack of customer uptake. However, the app will continue to function in Spain.
Mizuho Bank Nederland live with new risk and reg reporting system, OneSumX
Wolters Kluwer has implemented its flagship OneSumX solution at Mizuho Bank’s subsidiary in the Netherlands. The solution supports risk calculations and multi-country regulatory reporting.
SNS Bank revamps treasury and risk as Basel reforms tighten grip
Dutch state-owned bank SNS is to upgrade its treasury and risk infrastructure using services from vendor SunGard. The bank wants to centralise its credit and market risk management, including initial margin and potential future exposure, in view of Basel requirements which oblige banks to adhere to higher standards of record keeping and transparency.
Rabobank picks SuperDerivatives FX trading toolkit
Dutch cooperative bank Rabobank has chosen tools from SuperDerivatives to help revamp its global FX trading operations.
Dutch regulator okays Amazon Web Services for financial sector
De Nederlandsche Bank (DNB), the Netherlands’ national banking regulator, has cleared Amazon Web Services for use in the country’s financial sector, clarifying key supervision criteria for Dutch organisations looking to move infrastructure or services to the AWS cloud.
Euroclear moves France, Netherlands and Belgium to T+2 settlement
Securities trading in France, the Netherlands and Belgium is to move to T+2 settlement in October 2014, following a decision by Euroclear to pre-empt Europe-wide settlement reforms.
NYSE Euronext opens SME market in Netherlands
NYSE Euronext has launched EnterNext, a market for small- and medium-sized companies, in the Netherlands for the first time – a move the exchange says will help local SMEs to get the financing they need.
ING Bank names new CIO
Dutch bank ING has appointed Ron van Kemenade as its new CIO. Van Kemenade has 20 years of experience in the financial services and online sectors. Previously CIO of ING in the Netherlands, the promotion will see him CIO for the entire ING Bank. Van Kemenade joined ING in 2003 as Internet manager at Postbank […]
Equens offers SEPA support to Dutch businesses
European payment processor Equens plans to offer a number of services to the Dutch business community to support them in the migration to Single Euro Payments Area formats
Rabobank sells Robeco in business reshuffle
Dutch bank Rabobank is to sell its asset management business Robeco to Japanese financial services group Orix for €1.9 billion.
Netherlands’ Rabobank draws on outsourced IT “knowledge”
Dutch cooperative Rabobank has increased its outsourcing of banking software development and testing, via a five-year deal with technology specialist Cognizant that the cooperative hopes will provide it with the benefits of stronger technology.
