Four of the biggest Dutch banks, Abn Amro, ING, Rabobank and SNS Reaal are going to work together with the Public Prosecution Authority (OM) and the National internet Scamming Hotline (LMIO) to work on a database of internet scams, and more information on fraudulent websites, Het Parool reports.
A malfunction with ING Bank's online system left customers in a lurch, unable to use internet banking services as well as transaction processor iDeal. First reports of the problem surfaced around 10:00 am as customers took to social media to complain of payment failures.
Multinational financial services group ING on Wednesday announced a net profit in the second quarter of 1.07 billion. The profit represents a increase of 19 percent and topples all estimates, the company said.
Clients from ING complain that they are being duped as fraudulent emails that look like they come from banks are circulating, which trick people into giving their personal bank details in exchange for a bank card that has clients' personal IBAN number written on them, De Telgraaf reports.
Banks in The Netherlands promise to insure any damage arising out of the misuse of bank cards belonging to victims of the Malaysia Airlines flight MH17 crash. Surviving relatives have been assured that the banks have taken this possibility into account, according to Trouw.
New research by Dutch bank ING suggests consumer confidence in the Netherlands economy has fallen for the first time in a year. The report, published Wednesday, shows that some 70 percent of people living in the country see unemployment as the biggest problem facing the economy.
The economic bureau of ING writes that the number of bankruptcies expected in businesses this year will drop with 15 percent to around 8000, compared to around 9400 last year.
Dutch bank ING has denied claims that it is planning to move part of its headquarters, such as important staff departments, abroad. The Financieele Dagblad newspaper reported this, which the ING has said is "factually incorrect."
Economic analysts from ING and ABN Amro have differing predictions on the state of construction in The Netherlands this year. ABN Amro says that there will be a 1 percent decrease in production this year, whereas ING thinks there will be 3.5 percent growth. Analysts from the Economic Institute for Construction now want to know how these numbers are drawn up, BNR reports.
ING has announced that it is brining its insurance branch to the Amsterdam stock exchange in an IPO move. This may take place within two months, the NOS reports.
Thieves attempted to rob an ATM from ING on the Grietsestraat in Zevenaar with explosives Friday morning. As this failed, the culprits rammed the building with a car, leaving the bank with a lot of damage, Omroep Gelderland reports.
Dutch bank ING reported a first quarter net loss of €1.92 billion, a polar opposite of the €1.9 billion net profit in the first three months of 2013, according to Reuters. The loss was primarily attributed to one-time costs, including a €1 billion pension charge, and a €2.01 billion accounting hit on ING's investment in Voya Financial Inc.
ING will postpone its plans for data sharing, announced ING board secretary, Nick Jue, in an open letter to the bank's customers, in a response to the storm of concerns and questions about privacy violations. Jue apologized for the confusion and inconvenience.
A student from Rotterdam, Reedie, feels that he has been discriminated against by a staff member of ING.
The news about the ING wanting to share consumers' banking data with businesses is not received well. Parliament demands an explanation, the Consumer Associations condemns it, and consumers express concern about their privacy.
The number of days that internet banking suffered outages has almost quadrupled in the first two months of 2014, in comparison to the same period in 2013.
ING clients had to endure disruptions once again on Sunday.
After a torrent of complaints Wednesday morning from customers who thought they had made double payments due to ING's mobile banking system being down again, ING announced all payments were only processed once.
Clients who accidentally paid out the same amount via internet banking due to a disruption at ING have to find a way to get that money back themselves.
Polare bookstores, who received an extension of payment last week Tuesday, will be sold per store or per group of stores, announced curator Kees van de Meent of Höcker law office Tuesday. Van de Meent came to that conclusion after intensive discussions with six parties, crucial in the survival of the chain bookstore.
Mijn ING and ING Mobile Banking are both up and running again after recovery works had to be done due to more disruptions.
The government sold the rest of the ING American subprime mortgages to Credit Suisse. In the previous two months the government already sold two other large parts of the American subprime mortgages.
Dutch banker ING has completed the sale of its South Korean insurance division ING Life Korea in a deal worth around €1.27 billion, news agency AFP reports.