Explosive ING Legacy: Payvision’s Fraud Role — Passive Processor or Active Enabler?
At first glance, Payvision may seem like a relic from the binary options era. However, the issue is far from closed. A recently analyzed dossier suggests…
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Payvision Chats: Alleged Evidence at the Core of Europe’s Payment Scandal
For years, Payvision was marketed as a Dutch fintech success story. The newly disclosed Payvision chat excerpts, however, paint a far darker picture. According to criminal…
StablR’s Model Under the Microscope: Small Stablecoin Issuers, Unit Economics, and Systemic Exposures
Executive Summary StablR Ltd—an Electronic Money Institution (EMI) supervised in Malta—illustrates how hard it is for small stablecoin issuers to reach sustainable scale. With issuance hovering…
Request for Information: Victims of Scams Facilitated by Payvision
The Role of Card Payments in Online Fraud Card payments remain one of the most widely used online payment methods. In many cases, the only way…
Payvision Founders Exit Amid Scrutiny: Dutch Magazine Exposes Deeper Ties to Financial Scandals
Dutch Journalists Uncover New Developments in the Payvision Story On May 1, 2020, the three original founders of Payvision — Rudolf Booker (45), Cheng Lim Li…
Payvision’s Post-Acquisition Transformation and the Founders’ New Ventures
Background: Payvision’s Integration into ING Payvision, founded in 2002 by Rudolf Booker, was acquired by ING Group in 2018 for approximately €350 million. The deal attracted…
Update: Criminal Proceedings Target Payvision and Its Founders
Legal Scrutiny Expands Across Germany and Austria Payvision and its former CEO Rudolf Booker are currently under formal criminal investigation in both Germany and Austria. These…
Legal Challenges Surrounding Payvision’s Past Activities
Introduction Legal actions have been initiated against Payvision, a former subsidiary of ING, concerning its alleged involvement in processing payments for fraudulent broker schemes. Instead of…
Update: Payvision and the Amsterdam-Based SafeNed Fourthline Fintech Group
As legal proceedings against the Veltyco Cybercrime Scheme, associated with Uwe Lenhoff, are set to commence in Germany, it’s noteworthy that several of Lenhoff’s shell companies…
Examining the Completeness of StablR Founder Gijs op de Weegh’s Professional History
In the dynamic realm of cryptocurrency regulation, the European Union’s Markets in Crypto-Assets Regulation (MiCAR) underscores the imperative for transparency, especially among stablecoin issuers. However, the…