ING: Building European resilience through payment sovereignty

As Head of Payment & Settlement Services at ING, Roel Huisman shares his perspective on why payment sovereignty is becoming increasingly important, the role of European payment initiatives in strengthening autonomy, and the challenges of building scale and resilience in a rapidly evolving payments landscape.

How do you define payment sovereignty, and how important is this concept within your overall strategy?

In essence, payment sovereignty is about establishing full control over—and resilience of—our payment services. For ING this is a matter of critical importance. First of all given the relevance and importance of payments for our clients, who use us as their primary bank and therefore heavily depend on these payment services. Next to that, this is also important to ensure the proper functioning of our bank and of the financial markets and economy at large.