Tagged: netherlands

Netherlands-based Wolters Kluwer’s Compliance Program Management Business Introduces Coronavirus Noteworthy Developments Bulletins

Wolters Kluwer’s Compliance Program Management (CPM) business has introduced the Coronavirus Noteworthy Developments Bulletins, which aim to bring together all the global regulatory modifications, orders, notices and various other updates for the financial services sector (as they relate to the deadly COVID-19 outbreak). The newly… Read More

CO2 Free: Challenger Bank bunq Plants Trees with Green Card Launch

Netherlands based challenger bank bunq has announced a new program where its customers may become “CO2 free” in under two years simply by using the bunq Green Card. bunq SuperGreen is a program that for each €100 spent on any bunq card the company will… Read More

Blockchain: Invoice Finance Platform Finturi Approved by Dutch Authority of Financial Markets

Finturi, a Netherlands-based startup that leverages blockchain to power invoice financing, has received regulatory approval by the Dutch Authority of Financial Markets (AFM), according to a note from the firm. Launched in September 2018, Finturi uses technologies like blockchain and artificial intelligence (AI) to make… Read More

Netherlands’ 3rd Largest Bank, ABN Amro, to Offer Credit Facility to Commercial Banking Clients to Help Cope with Coronavirus Outbreak

Amsterdam-based ABN Amro, the third-largest bank in the Netherlands, has revealed that it will be offering a credit facility to its commercial banking clients. The bank said it aims to help those who have been most affected by the coronavirus (COVID-19) outbreak. ABN Amro said… Read More

COVID-19 Prevention Campaign: IT Firms in the Netherlands Launch “Tech Against Corona” Project, Leverages DLT

A group of companies based in the Netherlands have introduced the “Tech against Corona” project. Firms taking part in the initiative will provide the latest technology and expertise to the Dutch government so that it may be used to combat the coronavirus (COVID-19) outbreak. Tymlez,… Read More

Netherlands: Firm24 Looks to Launch Digital Shareholder Registry in Partnership with Dusk and LTO Network

Firm24, a company that reportedly provides corporate services to 25,000 companies in the Benelux region, is looking to “tokenize” the shareholder registry via a partnership with Dusk Network and LTO Network (formerly LegalThings One). LTO Network is also a crypto that currently trades on Binance…. Read More

Contactless Payments to be Allowed for Larger Amounts, without PIN Entry, by Banks in the Netherlands and Norway

Banks in the Netherlands are helping customers perform contactless payments at store locations without requiring them to enter their PIN numbers. This move is part of the extraordinary measures that have been taken to prevent the further spread of the deadly and highly contagious Coronavirus… Read More

Digital Transformation: Virtual Banking Solution Provider, Backbase, Partners Finaxct to Assist Banks with Upgrading Platforms

Backbase, an omnichannel digital banking solution provider, has teamed up with Finxact, in order to assist banks and credit unions with their digital transformation efforts. The partnership between Backbase, a Netherlands-based digital banking software developer, and Finaxct, aims to combine the best of online and… Read More

Amsterdam-based Financial Services Firm LoanClear to Acquire Brismo, a Provider of Lending Performance Data

London-based Brismo, a provider of lending performance data, is being acquired by LoanClear. The business will be based in Amsterdam, after the acquisition is finalized by Q3 2020. The combined company will aim to combine Brismo’s standardization and validation of performance, benchmarking, indices, analytics with… Read More

Netherlands-based TerraPay, a Cross-Border Payments Infrastructure Developer, Acquired by Prime Ventures, Others

Netherlands-based TerraPay, an international payments infrastructure developer, recently confirmed that it was acquired by investors Prime Ventures and Partech Africa, and its management. The exact amount involved in the acquisition has not been shared publicly. These same group of investors, and IFC, a third investor,… Read More

Netherlands-based Digital Banking Software Developer Backbase to Help Vantage Bank Consolidate its Financial Services

Texas-based Vantage Bank has reportedly chosen Netherlands-based Backbase and its online banking platform to consolidate the institution’s services that it offers to clients. Jouk Pleiter, CEO at Backbase, noted that the partnership is “particularly exciting.” Established in 1923 as San Antonio National Bank, Vantage merged… Read More

Netherlands-based Digital Banking Software Provider Backbase Introduces New Onboarding Solution for Streamlining Operations

Netherlands-headquartered Backbase, a digital banking software developer, has introduced its Onboarding and Origination platform, which has been designed to reduce client onboarding times by as much as 80% while enhancing operational efficiencies by 30%. Backbase’s solution works well for retail clients, small and medium-sized enterprises… Read More

Amsterdam’s Global Banking Service Provider Rewire Is Developing Digital Bank for Migrants in Europe

Rewire, an international banking service provider for migrant workers, has confirmed that it’s developing a neobank (all-digital) for migrants based in Europe. The development will reportedly involve Rewire providing customized accounts to its clients, which will cater to the special requirements of emigrés. This will… Read More

Rabobank Spins Off Fintech Startup Sure Pay, as Company Prepares to Establish Operations in the UK

After successfully offering IBAN check-ups in the Netherlands, Rabobank has reportedly spun off Fintech startup SurePay as it gets ready to establish business operations in the United Kingdom, ahead of the launch of the newly developed Confirmation of Payee rules. SurePay presently offers Confirmation of… Read More

UK-based OakNorth Bank Confirms that SME-focused Real Estate Lender, OIMIO, to Launch in the Netherlands

UK-based OakNorth, a digital bank for small and medium-sized companies (SMEs) that offers business and property loans, has confirmed that OIMIO, a commercial real estate SME-focused lender, has established operations in the Netherlands. The lending firm will be launching a supplier’s credit analysis and monitoring… Read More

Netherlands-based Backbase Introduces New Managed Cloud Platform for Financial Insitutions

Netherlands-based Backbase has introduced its new managed cloud platform Backbase-as-a-Service (BaaS). It provides financial institutions access to the firm’s entire portfolio, which consists of various banking products and innovation tools. The online banking software developer officially launched the product at Backbase Connect, the firm’s annual… Read More

Report: As EU Regulations Tighten, Crypto Options Exchange Deribit Moving from Netherlands to Panama

Deribit, a cryptocurrency options exchange that does not currently require customers to identify themselves, will relocate to Panama from the Netherlands, the exchange says in a letter to customers obtained by Bloomberg. According to the outlet, the Deribit communiqué says that new EU rules likely… Read More

Dutch Financial Giant ING to Spin Out Fintech Katana, a Bond Analytics Platform

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Dutch financial giant ING will spin out the bond analytics platform Katana, the latest startup to successfully complete and graduate from the bank’s Fintech incubation labs. Katana is presently among 25 other innovation projects being incubated at ING Labs, which have centers based in Amsterdam,… Read More

Update: Online Giving Solution Givt Set to Close Seedrs Round With Nearly €660,000 in Funding

Givt, a Netherlands-based giving platform that offers a solution to charities and parties dependent on donations, is now nearing €675,000 in funding through its equity crowdfunding campaign on Seedrs. The company launched the funding round in November with a goal to raise a minimum of… Read More

Dutch Financial Giant ING Bank’s All-Digital Banking Platform is Set to Expand its Product Offering in 2020

The digital-only retail banking platform of ING, a Dutch multinational banking and financial services corporation based in Amsterdam, is set to expand its product offering in 2020. The financial giant’s new services will reportedly include new payments and lending options, and various other products that… Read More

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