Press release

Response to media coverage on Payvision

Amsterdam, The Netherlands

November 13, 2020

Payvision took note of the recent article published by the Dutch newspaper Het Financieele Dagblad, containing views on our integration into ING’s business.

As part of the acquisition agreement, arrangements were made so that Payvision would progressively adapt its client base to ING’s risk profile. This meant decommissioning certain segments which were not a fit for this new risk approach. We also took important steps in strengthening our governance, policies and processes.

Now, with a reinforced business framework, we continue to service our clients the way they’re used to and further develop our business together with ING.

For further information, please check this press note on ING’s website.