News

ING announces share buyback programme of up to €1.5 billion

ING and its subsidiary Payvision have recently been mentioned in the media

ING has taken note of recent media reports, stating that Payvision is the subject of a criminal investigation for violations of anti-money laundering regulations. ING is aware of an investigation into Payvision but is not in a position to comment further. However, we can state that ING is not a subject of this investigation, which is understood to be aimed at actions dating from the period before ING acquired Payvision.

ING to refocus innovation approach, bringing initiatives closer to customers

ING announced today it is adapting its innovation approach, bringing initiatives closer to the business, in line with our strategic focus on providing a superior customer experience and putting sustainability at the heart of what we do.

ING to amend compensation to Dutch retail customers with certain consumer credit products

ING Netherlands announced today that it will amend the compensation to customers with for revolving credit facilities and continuous overdraft limit products where the variable interest rate did not sufficiently follow market rates. In October 2021, ING announced this compensation, execution of which is progressing well.

Yolt to phase out its business-to-business open banking operations

Following the closure of Yolt’s personal finance management app last year, ING has announced today the decision to phase out its business-to-business open banking operations.