Going forward Yolt will focus resources on getting its proprietary open banking solutions into the hands of businesses more quickly
ING to shut down Yolt’s smart money app. Source: pexels.com
ING has announced the repositioning of Yolt to focus on the growth of its open banking technology platform, Yolt Technology Services.
Yolt intends to close its consumer-facing smart money app. Customers don’t need to take action. Yolt will notify them proactively once a final decision has been made.
ING and its businesses continuously evaluate activities, including assessing whether they are likely to achieve the preferred scale in their market within a reasonable time frame. In this context, the evaluation has led to the intended decision to close the Yolt app, which is subject to advice from the works council.
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