In a short comment published today, Scope reviews the bank’s recently announced partnership with Scalable Capital, an automated investment advisor, and the acquisition of a majority stake in Payvision, an omnichannel payments provider.

Both initiatives align well with ING’s digital approach and should lead to an increase in cross-selling to primary retail and business customers. Moreover, after the introduction of PSD2, ING is establishing a solid footprint in the payment services industry. According to Chiara Romano, Scope bank analyst and author of the report, ING Bank’s digital strategy remains convincing.

Download the full report HERE.