Skip to content Skip to sidebar Skip to footer

Enterprise Tech Ecosystem Series, 2019: ING Group – Tapping Into Key Disruptive Technologies Including Big Data, Ai, Machine Learning & Biometrics – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Enterprise Tech Ecosystem Series: ING Group” company profile has been added to ResearchAndMarkets.com’s offering.

Enterprise Tech Ecosystem Series: ING Group

Summary

ING Group is a provider of retail and commercial banking services as well as other related financial solutions. The company provides deposit services, loans and mortgages, saving and investment products, derivatives and equities, credit and debit cards, asset and wealth management services, and financial planning solutions to individuals. It offers business loans, current accounts, trade and receivable financing, international banking, and other solutions to clients ranging from SMEs to large corporates.

It also provides private banking and wealth and investment management services to high net worth individuals and families. Headquartered in the Netherlands, the group operates across Europe, the Americas, Asia, and Australia.

This report provides insight into ING Group’s fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Scope

  • ING Group is tapping into key disruptive technologies including big data, AI, machine learning, blockchain, biometrics, cryptocurrencies, and robo-advice to enhance its operational efficiency, develop product offerings, and improve the digital experience for its customers.
  • ING has earmarked 800m of investment for digitalization and to bring the entire bank onto a single digital platform, with the aim of saving 900m a year by 2021. The bank has embraced digitalization via the introduction of online and digital services, as well as the global consolidation of its wholesale banking and IT organizations.
  • The company adopted the Think Forward Initiative, which aims to develop analytical skills to understand customers better, accelerate innovation to serve evolving customer needs, and help the group go beyond traditional banking to develop new business and service models. It has also rolled out an agile program in different countries that aims to use IT infrastructure and DevOps to improve efficiency and decision-making.

Reasons to buy

  • Learn about ING’s fintech operations, including investments, product launches, partnerships, and acquisitions.
  • Gain insight into its fintech strategies and innovation initiatives.
  • Discover which technology themes are under the group’s focus.

Key Topics Covered:

  • Overview
  • Digital Transformation Strategy
  • Accelerator & Innovation Programs
  • Technology Focus
  • Technology Initiatives
  • ING Ventures
  • Investments
  • Acquisitions
  • Investment, Partnership, & Acquisition Network Map
  • ICT Budget & Contracts
  • Key Executives

Companies Mentioned

  • Scalable Capital
  • PGGM
  • PrimeRevenue
  • inviPay
  • Mastercard
  • Provision
  • ABN Amro
  • ASN Bank
  • Rabobank
  • RegioBank
  • TAB
  • SNS
  • Citi
  • Crdit Agricole Group
  • Gunvor
  • Koch Supply & Trading
  • BNP Paribas
  • Mercuria
  • MUFG Bank
  • Natixis
  • Macquarie
  • Shell
  • SGS
  • Societe Generale
  • Realdolmen
  • VeriPark
  • Kabbage
  • Bank of Beijing
  • VI Company
  • Comarch
  • FinCompare
  • Twisto
  • Fintonic
  • Axyon AI
  • Flowcast
  • Fnality International
  • TradeIX
  • Funding Options
  • Cobase
  • Joyn
  • R3
  • Lendico
  • Qustomer
  • TransferMate
  • Payvision
  • Makelaarsland

For more information about this company profile visit https://www.researchandmarkets.com/r/eertzp

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Business Wire , 2019-11-25 16:27:22 ,

Source link

Leave a comment

NewsBlock © 2019 - 2020 All rights reserved.

NewsBlock © 2019 - 2020. All rights reserved.


While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

Related Reading: Analyst: Bitcoin Price Likely to Fall to Low-$8,000s as Chart Remains Weak

A brief aside: A fractal, in the context of technical analysis and financial markets anyway, is when an asset’s price action is seen during a different time. This form of analysis isn’t that popular, but it has proven to be somewhat valuable in analyzing Bitcoin.

One recent fractal popularized by a well-known cryptocurrency trader is implying that BTC is going to return to the low-$7,000s in the coming days.

Bitcoin Fractal Implies Retracement to Low-$7,000s

A well-known crypto trader going by “Tyler Durden” on Twitter recently posted the chart below, which shows that a Bitcoin price fractal may be playing out. The fractal has four phases: horizontal consolidation marked by one fakeout, a surge above the consolidation phase, a distribution, then a strong drop to fresh lows.

If the fractal plays out in full, BTC could reach the low-$7,000s again, potentially as low as $7,100. This would represent a 20-odd percent collapse from the current price point of $8,800.

It isn’t only a fractal that is hinting Bitcoin has the potential to visit its lows. As we reported on Saturday, Bloomberg believes that if the GTI Vera Convergence Divergence Indicator flips red, a downtrend could push the cryptocurrency back to $7,300.

Related Reading: Stephen Colbert Pokes Fun at Bitcoin in Monologue: Mainstream Gone Wrong?

Can Bulls Step In?

But again, many believe it is irrational to have such bearish interpretations of the cryptocurrency’s chart at the moment. As reported by NewsBTC earlier, Popular crypto trader Mayne recently noted that the “people waiting for $6,000” are irrational. He quipped that Bitcoin retracing and consolidating after its fourth-biggest bull move in history ($7,300 to $10,500, a 42% gain) is perfectly par for the course, but noted that it’s totally possible we can go lower from $8,800.

The medium-term technicals support this.

Trader and CoinTelegraph contributor FilbFilb found that by the end of November or start of December, the 50-week and 100-week moving averages will see a “golden cross,” which he claims is far more significant” for the Bitcoin market that other technical crosses.

Also, a Bitcoin price model created using Facebook Prophet machine learning found that the leading cryptocurrency is likely to end the year at just over $12,000. What’s notable about this model is that it called the price drop to $8,000 months in advance, and forecasted a ~$7,500 price bottom for BTC.

To put a cherry on the cryptocurrency cake, Crypto Thies observed that when Bitcoin bottomed at $7,300, it bounced decisively off the 0.618 Fibonacci Retracement of the move from $3,000 to $14,000, which correlates with the two-week volume-weighted moving average. He added that summer 2019’s consolidation was marked by Bitcoin flipping major resistances into support levels, implying that a bullish reversal and subsequent continuation is likely possible in the coming weeks.

Featured Image from Shutterstock


Nick Chong , 2019-11-10 12:00:38

Source link