Tagged: netherlands

February 6, 2020 @ 10:20 am By Omar Faridi  |  

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

February 3, 2020 @ 8:23 am By Omar Faridi  |  

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

January 15, 2020 @ 7:49 am By Omar Faridi  |  

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

January 10, 2020 @ 7:48 am By Cali Haan  |  

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

January 8, 2020 @ 4:59 pm By Omar Faridi  |  

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

December 22, 2019 @ 10:28 pm By Samantha Hurst  |  

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

December 17, 2019 @ 3:47 am By Omar Faridi  |  

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

December 9, 2019 @ 2:01 am By Omar Faridi  |  

Lelystad, Netherlands-based Givt, an online giving solution, has raised over €650,000 (appr. $718,000) from 205 investors via a crowdfunding campaign it launched in October 2019. At present, Givt’s campaign stands at around 108%. The crowdfunding is expected to last until the end of this year…. Read More

December 2, 2019 @ 2:06 am By Omar Faridi  |  

Amsterdam-based Fintech firm Bunq is introducing a new metal card, called the Green Card. While traditional banking institutions offer some type of cashback program with premium cards, Bunq aims to offer its own kind of “cashback.” For every €100 (appr. $110) users spend with the… Read More

November 21, 2019 @ 8:39 am By Omar Faridi  |  

Amsterdam-based ABN Amro, the third-largest bank in the Netherlands, recently revealed that its Hong Kong division had introduced Temenos’ payment technology offering, called Temenos Payments, as part of the platform’s global launch. Temenos Payments has reportedly been installed at the institution’s subsidiaries in Australia, Belgium,… Read More

November 14, 2019 @ 7:35 am By Omar Faridi  |  

October Nederland, a financing platform for small and medium-sized enterprises (SMEs) in Europe, celebrated its one-year anniversary on October 31, 2019. The firm’s application to operate as a Netherlands-based lending platform was approved last year by the Dutch Authority for the Financial Markets. October (formerly… Read More

November 12, 2019 @ 7:41 pm By Cali Haan  |  

A Dutch court has determined that Facebook has the means at its disposal to restrict Bitcoin and cryptocurrency ads featuring celebrities who did not consent to the use of their name or image, Dutch News reports. Judges in Amsterdam have also threatened to fine Facebook… Read More

November 3, 2019 @ 10:29 pm By Omar Faridi  |  

Netherlands-based Move4Mobile, a Fintech firm that focuses on concept, strategy, design and development of mobile-based software, has created a smartphone payments app for Hakrinbank The new payments app has been developed in order to introduce online payments to Suriname, the smallest nation in South America…. Read More

October 14, 2019 @ 9:34 am By Omar Faridi  |  

Dutch Fintech firm Safened will be rebranding as Fourthline in order to comply with new know-your-customer (KYC) requirements. Safened has conducted digital identity checks for many clients, including established banks and financial services companies like Allianz, N26, and Wirecard. A team of experienced industry professionals… Read More

October 11, 2019 @ 3:17 pm By Omar Faridi  |  

Amsterdam-based ING, a multinational banking and financial services corporation, has joined a group of organizations to promote the development and adoption of artificial intelligence (AI) in the Netherlands. The project is part of a nationwide plan to halt a brain drain of talented AI professionals… Read More

October 1, 2019 @ 11:37 am By Omar Faridi  |  

Amsterdam-based Fintech firm Bunq announced the launch of 22 new markets on October 1. The financial and information technology company’s services will now be available in all European Union markets. Bunq will also provide services to businesses in Norway and Iceland. Overall, the company’s products… Read More

September 4, 2019 @ 1:09 am By Cali Haan  |  

The Netherlands’ central bank has advised the country’s cryptocurrency sector to prepare to come under the regulator’s “integrity supervision” scheme by the 10th of January 2020. De Nederlandsche Bank says it is, “required to start supervising these businesses under the fifth European anti-money laundering directive (AMLD5)… Read More

August 24, 2019 @ 11:33 am By Cali Haan  |  

Dutch banks are refusing to serve not only cryptocurrency trading platforms, but also “blockchain consultancies” or any firm using the terms “crypto” or “blockchain” in business filings, Nextens reports. According to the outlet: “An inventory was made in the Cryptocast program of BNR Nieuwsradio. When a… Read More

August 14, 2019 @ 8:14 am By JD Alois  |  

Singularity Studio, the for-profit spin-off of SingularityNET (SNET) – a non-profit Netherlands foundation building a decentralized blockchain AI platform, has signed a “Strategic Cooperation Memorandum” with PICC Finance Services. PICC is a subsidiary of the Fintech arm of the People’s Insurance Company of China Holding… Read More

July 18, 2019 @ 8:33 am By JD Alois  |  

Alternative finance surpassed € 1 billion in 2018 in the Netherlands as sector growth continues, according to a report from Stichting MKB Financiering. Ronald Kleverlaan, a representative from Stichting and note alternative finance expert, commented on the report: “The Dutch Alternative Finance market has reached… Read More