Thursday, May 31, 2007

No problem with proximity of bank services in the Netherlands

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As an odd local Dutch thing we have an ongoing discussion ( see earlier posts here ) about whether or not payment services are sufficiently ...
Wednesday, May 30, 2007

May 30: Parliament to debate status of ABN Amro merger/takeover

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Het Financieele Dagblad reports that next week the Dutch Parliament will further discuss the ABN AMRO case.

ABN AMRO's Supervisory Board steps in with Transaction Committee

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ABN AMRO announces that in response to the bid of the Consortium, the Supervisory Board has formed a Transaction Committee (the "Trans...

POS-skimming reported, hundreds of victims

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See the article (in Dutch) in Nieuws.nl outlining that in the province of North Holland, the police received more than 160 notifications ov...
Tuesday, May 29, 2007

RBS consortium bids 71,1 billion euro for ABN AMRO

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See the Beurs XL UPDATE here and find out that the RBS trio bids about 8,6 billion more than Barclays. The division is: - RBoS pays 27,2 bi...
Monday, May 28, 2007

RBS bid will come a bit later: DNB fears the risks...

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Nu.nl reports that the RBS bid will be announced tomorrow, Tuesday (as the Monday is a holiday here). But rumour in the Observer has it tha...
Sunday, May 27, 2007

President of central bank spotted in New York..... why... ABN AMRO?

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An interesting blog here by Gerben van der Marelm, reporter for NRC. He discovered Wellink was on the plane to New York. And asked him what...
Saturday, May 26, 2007

May 25, financial analystis favour RBS-consortium bid

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DFT reports that an enquiry by Reuters shows that 7 out of 11 analysts believe that the RBS bid will be more successfull. Only 3 believe wi...

P&S news 50 is out...

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With: 1. ECB and European Commission – Joint statement on the adoption of the Payment Services Directive 2. PayPal Europe – granted banking...

May 26- Securities regulator now demanding explanation from VEB (shareholders ABN AMRO)

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The NRC informs us that the securities regulator, AFM, is trying to figure out if the pro-active shareholders associaton (VEB) has done som...

SNS Bank targets ABN AMRO customers with you-tube switching service commerical

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In Europe there is some debate as to user mobility and the ease with which one can change banks. The EU has even set an expert group for thi...

ESI: gaming PSP and e-money instituion: annual report

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Readers that are interested in the 'hidden' world of gaming and payments for gaming, may appreciate the ESI press release containin...
Friday, May 25, 2007

DOCData takes over Triple Deal (to establish Doc-date e-Financial services)

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See the article on BNR Nieuwsradio that outlnies that DOCdata increases its stakes ni payment-service-provider Triple Deal B.V. from 30 to ...

May 24: Groenink writes employees: on the Barclays track

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DFT reported on a letter that Groenink sent to its employees. In it he still seems to be going for the Barclays route.
Thursday, May 24, 2007

GTnews article on conference about SEPA-role for the Public Sector

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See the GTWnews article here outlining the content of the conference on SEPA for the public sector. It was done in response to the claims o...

Capitalia and UniCredit merge to become second largest bank in Europe

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See the news here that the Executive boards of UniCredit and Capitalia agreed to a merger. UniCredit, the biggest Italian bank will pay 21,...

May 22, lengthy letter of Finance Ministry: ABN complicated things with sale of laSal(l)e

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Here is a link to a letter by the Dutch Ministry of Finance further describing the procedures and rules in the take-over of financial insti...

Postbank jobs in Leeuwarden will remain despite changes to ING

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The local Leeuwarder Courant reports that the Postbank will continue to provide jobs for local employees, despite the large change-over to ...

May 23: Fortis considers ABN AMRO unique opportunity

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See the news here at RTL outlining that Fortis chair Maurice Lippens stated in the annual share holders meeting in Brussels that it conside...

Rabobank adapts Minitix to penetrate m-payments market

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See the news of last week on zibb.nl and Emerce , explaining that Rabobank is adapting its e-purse application Minitix (10.000 users and 10...
Tuesday, May 22, 2007

New campaign effort to promote debit-card use for low value payments

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Currence today launched a campaign to create awareness with the public that it is fine to use the debit-card for low value payments . The ac...

Correction: no ABN AMRO talks on sale Banco Real

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Het Financieele Dagblad corrects its earlier report and rectifies that ABN AMRO is not talking about the sale of Banco Real. It also report...