Tagged: amsterdam

Impact Investing: Sophie Robé and Maarten Toussaint from the Netherlands Launch Consulting Firm FINND Impact

Sophie Robé, CFA and Impact Investing Adviser and Investment Consultant from Amsterdam, Netherlands, has confirmed the official launch of FIIND Impact, which is described as an independent investment consultant and advisor that aims to strategically combine impact and financial expertise. FIIND Impact aims to help… Read More

AI and Machine Learning Algorithms are Increasingly being Used to Identify Fraudulent Transactions, Cybersecurity Professional Explains

The retail banking sector has been hit with numerous scams during the past few years. Cybercriminals are now also beginning to increasingly go after much larger corporate accounts by launching sophisticated malware and phishing attacks, according to Beate Zwijnenberg, chief information security officer at ING… Read More

Netherlands based Fintech Kinder Aims to Disrupt Complex Nature of Charitable Giving by Offering “Smart” Donation Tools

Amsterdam based Fintech firm Kinder has reportedly secured €500,000 in funding and may be planning to make an official announcement soon, according to Silicon Canals. The Fintech company could have raised more capital, however, some investors may have held back due to the economic challenges… Read More

Amsterdam Fintech BUX, a Retail Brokerage Firm, to Offer Simplified Investing Experience to Traders in Germany and Austria

Amsterdam based Fintech BUX, a retail brokerage company that announced a “soft launch” version of its digital asset exchange earlier this year, will be expanding its stock trading services into Austria and Germany. The commission-free trading app provider is introducing its investment platform, Bux Zero,… Read More

Amsterdam-based Banking Challenger Finom Secures €6.5 Million in Seed Funding via Round led by Target Global

Amsterdam-based banking challenger Finom, which aims to serve entrepreneurs and SMEs, has secured €6.5 million in seed funding through an investment round led by Target Global. General Catalyst, FJlabs, the Raisin founders Frank Freund, Tamaz Georgadze, and Michael Stephan also took part in Finom’s funding… Read More

Adyen NV, a Leading Payments Firm Working with Uber, Ebay, Says its Revenue Grew Over 30% in Q1 2020 Despite COVID-19

Adyen NV, a leading Fintech company that handles payments for large firms such as Uber Technologies and E-Bay, recently revealed that its business and revenue increased by more than a third (or 33%) during the first quarter of 2020. Adyen pointed out that it posted… Read More

Dutch Banking Challenger bunq Introduces Joint Accounts for Premium and Business Account Holders

European challenger bank bunq is introducing joint accounts for its Premium and Business account holders. Bunq+1 users will now have the option of opening an account for anyone they want to, which includes their partners and children. Bunq+1 business clients can create new accounts for… 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

Plaid Announces Support For Financial Institutions in the Netherlands & Opens Office in Amsterdam

U.S. fintech Plaid recently announced it is now offering support to financial institutions in the Netherlands as well as opening a new office in Amsterdam. The company reported that the Netherlands is a hub for fintechs in Europe and is home to more than 400… Read More

Amsterdam-based Fintech BUX, a Retail Brokerage Firm, to Introduce “Soft Launch” Version of its Crypto Exchange Next Month

Amsterdam-headquartered BUX, a retail brokerage company, confirmed recently that it will be introducing the “soft launch” version of its cryptocurrency trading platform during the first week of next month. However, the Dutch Fintech firm says it’s not aiming for fast customer acquisition. Called “BUX Crypto,”… 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

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

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

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

Amsterdam-based Fintech Firm Bunq Introduces New “Green Card” with Unique Cashback Offer

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

Netherlands’ 3rd Largest Bank: ABN Amro’s Hong Kong Division Introduces Tenemos’ Payment Technology

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

Plug and Play Amsterdam Announces New Programs Focused on Smart Cities & Financial Services

Plug and Play Amsterdam reportedly held a Soft Launch for its new Smart Cities and Financial Services programs last Wednesday at the Johan Cruijff ArenA. According to Plug and Play, the event brought in more than 80 attendees including six startups and over 30 corporate… Read More

Amsterdam-based ING Bank Launches Initiative to Promote Artificial Intelligence Adoption in the Netherlands

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

Symbiont Expands: Opens New International Headquarters in Amsterdam

Symbiont, a smart contracts platform for institutional applications of distributed ledger technology, announced on Monday it has opened its new international headquarters in Amsterdam. This news comes less than six months after the company secured $20 million through its Series B funding round, which was… Read More

Extortionist Threatening Amsterdam Businesses Demands Bitcoins

An extortionist has been contacting Amsterdam businesses by email threatening to shoot at or tie grenades to their storefronts if he or she is not paid a ransom of 50 000 Euros in bitcoins, NL Times reports. At least one nightclub and three coffee shops… Read More

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