Tag: ING

Corlytics, a prominent global player in regulatory intelligence and policy compliance technology, has significantly strengthened its leadership team with the addition of three key senior appointments.

Global bank ING and data analytics software company Quantexa have announced a strategic partnership.

Ascent, the enterprise using tech to boost compliance, has just announced a $19.3m funding round led by Drive Capital, the venture capital firm that has previously invested in InsurTech company Root Insurance among other businesses.

Prosecutors in the Netherlands are reportedly investigating claims of Dutch involvement in a money laundering network which funnelled Euros from Russia.

The European Commission is proposing to strengthen the fight against money laundering by handing the European Banking Authority new powers.

Dutch bank ING has agreed to pay €775m in fines after admitting errors in its policies to stop financial crime.

Big banks are looking towards RegTech in a bid to find more effective solutions for transaction monitoring according to Maarten Ligthart, ING’s global head client activity monitoring.

Poland is set to become the world’s first country to put banking records on the blockchain, the Polish Credit Office implementing Billon’s technology.

ING and CommonWealth Bank of Australia (CBA) have completed a RegTech pilot, which aims to simplify the processing of regulatory information.

WeLab is proving that despite negative press and tough new regulations in the region, investors still see big potential in the space landing a $25m credit facility note from Dutch bank ING.