ABN AMRO & Charly Cares: Launch pilot for instant payments for gig-workers

  • Launching a pilot to provide babysitters instant access to their earnings directly after they finished their job
  • In the Netherlands, hundreds of thousands of gig workers – babysitters, taxi drivers, cleaners, on-call-workers and other platform workers
  • It provides gig workers and their platforms with instant access to earnings for services delivered
  • It does so by leveraging the ABN AMRO payment technology that allows instant transfer of funds to any bank account
  • The onboarding process is fast and easy, enabling instant payments
  • At a later stage, services like automated tax-returns, financing and insurance will be added, making it even more attractive for users
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FCA Launches Pop-Up ATM to Warn Customers of Investment Scams

New initiative aims to educate the public on investment fraud risks.Highlights: FCA introduces a pop-up ATM to combat...

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...

Stablecoin Bank Kontigo Suffers Cyber Attack, Disrupting Operations

The cyber incident raises concerns about security in fintech.Highlights: Kontigo, a prominent stablecoin bank, experienced a cyber attack.The...