ING Companions with Minna Applied sciences on Subscription Administration Service

Whereas we now have seen different subscription administration companies, that is the primary we now have seen from a standard financial institution. ING Belgium is partnering with Minna Applied sciences on the service that can enable the financial institution’s prospects make the most of the service all whereas remaining on the ING software.

The brand new subscription administration service gives the financial institution’s prospects with an summary of all lively subscriptions. The service permits prospects to cancel current subscriptions,
in addition to facilitating a change to raised alternate options.

Minna Applied sciences’ was a participant in ING Labs Brussels program 2019, the previous Fintech Village, the place the 2 firms efficiently accomplished a
proof of idea (POC) that demonstrated the worth of subscription administration within the Benelux area, in response to a launch.

Olivier Guillaumond, World Head of ING Labs & Fintech’s, commented on the service:

“We’re delighted to announce the collaboration with Minna Applied sciences. This can be a clear instance of impactful Fintech partnerships that we intention to scale inside ING. It should provide a differentiating expertise to our prospects permitting them to have a greater perception into their subscriptions and save tens of millions of euros through cancellation and absolutely automated switching companies. This partnership is yet one more nice end result for ING Labs Brussels. ING Labs Brussels is a particular goal car concentrating on validating proof of ideas with mature fintech’s to carry most worth for our purchasers to allow them to keep a step forward of their lives. It covers all worth areas primarily for Belgium and the Netherlands with the potential to increase to different international locations”.

Joakim Sjöblom, CEO, Minna Applied sciences, mentioned they’re past excited to associate with such a forward-leaning financial institution as ING:

“We’ve been very impressed by their innovation velocity, and sit up for delivering new values to their digital banking prospects. Given ING’s multinational presence, we now have an amazing alternative to assist tens of millions of shoppers in these unsure instances”.

ING Belgium at the moment claims over 1.eight million digital financial institution prospects within the nation.