ING - News, Articles & Research

ING invests in credit scoring startup Flowcast

ING Ventures is investing an additional $3 million into Flowcast, a fintech startup that applies AI to the credit and collection process for non-performing loans.

08 March 2021

Company announcement/regulation

ING hit with €3 million fine by French financial regulator over AML flaws

ING has acknowledged the decision published today by the financial regulator in France, the Autorité de contrôle prudentiel et de résolution (ACPR), on ING in France, following its inspection in 2018, for shortcomings in its anti-money laundering (AML) and anti-terrorist financing framework.

03 March 2021

Company announcement/retail

ING to exit Austrian retail market

ING is announcing today that it is reviewing the strategic options for its Retail Banking operations in Austria with the aim of exiting this market by the end of 2021.

02 March 2021

Company announcement/sustainable

ING appoints Anne-Sophie Castelnau global head of sustainability

Anne-Sophie Castelnau has been appointed ING’s global head of Sustainability per 1 April 2021.

25 February 2021

Company announcement/retail

ING to leave Czech retail banking market by end-2021

ING is announcing today that it intends to withdraw from the retail banking market in the Czech Republic. Raiffeisenbank Czech Republic has agreed to prepare a welcome offer for ING’s retail customers in the Czech Republic.

18 February 2021

News/retail

ING launches discount shopping platform in Germany

ING in Germany has launched DealWise, a shopping platform that gathers cashback deals and discounts from merchants in a single place on its online banking service.

28 January 2021

News/wholesale

Big banks invest in HQLAx

Securities lending platform HQLAx has closed a €14.4m investment round led by BNY Mellon, Goldman Sachs, BNP Paribas Securities Services and Citigroup, and with participation from longtime strategic partner Deutsche Börse Group.

11 January 2021

News/devops

ING Ventures invests in data privacy company eXate

ING Ventures has invested in London-based data security company eXate.

15 December 2020

Company announcement

ING appoints Boston Consulting Group partner Peter Adams as CEO for Belgium

Peter Adams has been appointed as chief executive officer of ING in Belgium from 2 January 2021.

14 December 2020

News/people

ING innovation chief Legrand quits

ING chief innovation officer and CEO of ING Ventures, Benoît Legrand is to quit the Dutch lender in March next year after being sidelined in a recent shakeup of the bank's innovation unit.

11 December 2020

News/crime

Prosecutors investigate UBS boss over ING money laundering case

A Dutch court has ordered a criminal investigation into UBS CEO Ralph Hamers' role in a money laundering scandal at his previous employer, ING.

10 December 2020

News/retail

Belgian banks enlist Auriga for shared ATM network

Belgium's big four banks have called in vendor Auriga to manage their new network of bank-neutral ATMs.

04 December 2020