The project, to be delivered progressively over the next few years, will result in most of the bank’s current legacy systems and platform components replaced with Temenos solutions
The Partech International Ventures VII fund will focus on startups in e-commerce, fintech, virtual reality and connected objects, mostly in Europe.
ING Direct, part of the Netherlands' largest financial services group, is already the biggest online bank in France with 1 million clients and is keen to gain market share elsewhere.
OpenMarket now offers a two-way mobile messaging service in 37 additional countries across Europe, Africa, Asia and the Americas, allowing companies to engage interactively with a total of 6.1 billion mobile subscribers worldwide via mobile.
MiFID II, that is going to be enforced from beginning of 2018 after a couple of delays, doesn’t come from nowhere.