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FinTech

ING Taps Worldline for Multiyear Deal in Cards Issuing

  • ING outsources card issuing processes to cut operational costs.
  • Wordline will be responsible for card issuance in Benelux and Germany.
by Damian Chmiel
Executive Moves

Ebury Selects Victor Radu Roşu as Its Country Manager for Romania and Bulgaria

  • Radu Roşu brings more than twenty years of financial experience to the role.
  • He will manage the Romanian and Bulgarian operations from Ebury’s office in Bucharest.
by Tom Hazan
Executive Moves

ING Secures Marnix van Stiphout as COO and CTO

  • Marnix Van Stiphout will succeed Roel Louwhoff, who stepped down from the Management Board Banking on 1 August 2021.
by Tom Hazan
Institutional FX

Taiwan’s Central Bank Has Reportedly Lifted FX Curbs on ING and ANZ

  • Earlier this year, Taiwan punished several banks for their involvement in currency speculation.
by Bilal Jafar
Institutional FX

ING Plans to Cut 1,000 Jobs as It Misses Q3 Estimates

  • The bank posted €788 million in profits, compared to the estimated €844 million.
by Arnab Shome
Regulation

ING Faces Fresh Money Laundering Allegations in Italy

  • The Bank of Italy ordered the Dutch firm to stop taking on new clients over the weekend
by David Kimberley
Technology

ING Signs Five Year Deal with Blockchain Technology Firm R3

  • The Dutch firm has been working with the blockchain technology company for over three years
by David Kimberley
Execution

Natixis, Rabobank Perform Commercial Paper Trade Over Blockchain

  • Worth EUR 100,000, the deal was carried out using R3's Corda.
by David Kimberley
Payments

HSBC, ING Carry Out First Trade Finance Blockchain Deal

  • The two banks helped facilitate a deal between Tricon Energy USA and Reliance Industries.
by David Kimberley
Executive Moves

ING CFO to Step Down After $900 Million Money Laundering Fine

  • Koos Timmermans will remain in his position until a replacement is found.
by Celeste Skinner
Regulation

ING to Pay $5 Million to Settle Misconduct Charges on NYSE

  • This is the second announcement of a fine against the bank this week.
by Celeste Skinner
News

TradeIX Closes Investment Round of $16 Million

  • The investment round was led by ING Ventures, the venture capital arm of ING Bank.
by Celeste Skinner
News

Credit Suisse and ING Group Transfer Securities Worth €25m via Blockchain

  • A new type of account was used to make the transfer instantaneous.
by Simon Golstein
News

First Blockchain-Based Agricultural Commodity Trade Completed

  • By digitizing the process using blockchain, the necessary verification time was reduced by five times.
by Arnab Shome
Execution

ING Teams Up with Bloomberg to Launch New Emerging Markets FX Indices

  • The new indices will feature a basket of 12 equally weighted EM currencies vs the USD.
by Jeff Patterson
Executive Moves

Trading Places: Synergy FX Gets New Head, Banks See Shuffle of Personnel

  • Catch up on the latest moves of the previous week from across the financial services industry.
by Jeff Patterson
Executive Moves

ING Bank Strengthens Debt Syndicate Team with Winston Tay Hire

  • Mr. Tay joins the group as its Head of Asian debt syndicate in Singapore.
by Jeff Patterson
Executive Moves

Trading Places: Financial Commission Gets New DRC Member, Nasdaq Taps CEO

  • Catch up on the latest moves from around the financial services industry.
by Jeff Patterson
Executive Moves

ING’s Former FX Head of Sales, Emeryc Kpenou Parts Ways with Lender

  • Kpenou is leaving ING, having formally headed its FX Sales unit in London.
by Jeff Patterson
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