Building the business model of the future

Platformification in the financial world

Major tech companies now all have their own payment platform: Google Pay, Facebook Pay and Apple Pay. These have grown rapidly since the introduction of PSD2. This is a European regulation stating that consumers can share their account details with companies that aren't banks. This allows these organizations to develop and offer financial services. ABN AMRO is the first major Dutch bank to set up a Developer Portal. Through that, we want to work together with other companies to come up with innovative ideas.

Platformification is the future. That's why we're developing new platforms or collaborating with existing ones.

We keep coming up with new platforms, like 'Pay Later' . This allows companies that buy and sell online to pay easily, safely and quickly online through invoices. Sellers get paid immediately after shipping and the buyer has 30 days to pay. This way, 'Pay Later' creates trust in online purchases between businesses.

Check out our page about our Pay Later proposition (Dutch only).

We innovate together

Collaboration and learning from other companies are essential for successful innovation. That's why we're always looking for partnerships and connections. For example, we have:

• invested in Motive Partners;

• a partnership with Techstars;

• our own Doorpakken platform;

• our own Challengers – like New10, Franx and Tikkie.

At ABN AMRO, we innovate in three areas: sustainability, digital assets and platformification. Does your organization work in any of these areas? We’d love to share our expertise with you! Contact us here.