Yesterday ING announced a new strategic partnership with online lending platform Kabbage, which further highlights the origination role that new fintech companies can perform for larger institutions. This initiative perfectly fits our strategic priority to increase the pace of innovation," says Ralph Hamers, CEO at ING. The announcement comes as ING is looking to expand its presence in the financial services sector by leveraging blockchain technology and artificial intelligence. Kabbage are able to offer automated lending to SME customers via their technology and data platform.
Yesterday ING announced a new strategic partnership with online lending platform Kabbage, which further highlights the origination role that new fintech companies can perform for larger institutions. The announcement comes as ING is looking to expand its presence in the financial services sector by leveraging blockchain technology and artificial intelligence. Kabbage are able to offer automated lending to SME customers via their technology and data platform.