Netherlands

11 articles

King Farouk's coin auction scattered treasures and changed collecting forever

When Egypt sold off King Farouk's legendary coin collection in 1954, thousands of rare coins hit the market at once. The sale set new standards for value, provenance, and showed the risks of forced liquidation in times of upheaval.

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BNG completes core banking overhaul as Amir Arooni exits leadership

Bank Nederlandse Gemeenten has completed a sweeping core banking and cloud migration in under a year, closing the chapter on Amir Arooni's interim leadership and welcoming a new permanent CIO.

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Dutch Central Bank Moves 86 Tonnes of Gold to London for Crisis Access

Amid record gold prices and global instability, the Netherlands has shifted a quarter of its overseas gold reserves from North America to London, aiming for faster liquidity and stronger crisis readiness

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How Digital Tech and New Materials Are Transforming Coins

Coins are being reinvented with digital features, unconventional materials, and advanced minting. From QR codes to microchips and polymer coatings, the future of physical currency is being shaped by innovation and changing consumer habits

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Triodos Bank Appoints Lauren Couch to Lead UK Business Lending

Triodos Bank has named Lauren Couch as head of business banking in the UK, aiming to strengthen its impact lending across sectors like energy, food, and nature. The move comes as the bank returns to profitability after a challenging year

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US Bank Investment Services Adopts Fenergo Platform for Client Onboarding

US Bank Investment Services has implemented Fenergo's Fen-X platform to automate onboarding and lifecycle management for alternative investment clients, aiming to streamline compliance and reporting across multiple business lines

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Revolut Gains French Banking Licence as Bunq Faces US Setback

Major developments in global banking this week include Revolut's full French licence, Bunq's US charter rejection, Bank of America's $1.9bn move into India, and a $1.44bn sale of Moneris in Canada, with executive changes at NAB also in focus

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US Regulator Blocks Bunq's Bid for National Bank Charter

Dutch neobank Bunq's attempt to launch a US national bank has been rejected by the Office of the Comptroller of the Currency, raising questions about capital adequacy, management experience, and the challenges of entering the American financial sector

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ABN Amro Partners with Mistral AI to Advance Secure Banking Technology

ABN Amro is working with Mistral AI to develop artificial intelligence solutions tailored for European banking, aiming to strengthen data privacy, regulatory compliance, and reduce reliance on non-European tech providers

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Visa Moves to Acquire BioCatch as TMX Group Reshapes US Markets

Visa's planned $2.4 billion acquisition of BioCatch and TMX Group's $800 million investment in MEMX highlight a week of major fintech deals, regulatory fines, and new banking ventures with global implications for payments and compliance

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Rabobank to Invest €2 Billion in AI and Data Overhaul by 2029

Rabobank will allocate up to €2 billion over three years to expand its artificial intelligence and data infrastructure, aiming to modernize operations and improve services for its customers in the Netherlands and beyond

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