FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
RBS
NatWest and RBS to shutter 32 branches in England and Wales
The UK banking giant says it has taken steps to mitigate the impact of the closures.
Bank of England governor key architect in RBS scandal which left businesses in ruin
Bailey did not disclose his hand in creating the Asset Protection Agency.
NAB poaches outgoing RBS exec Matheson as new COO
Les Matheson returns to Australia after an early career in the country.
Major banks assess COVID-19 working from home policies
A list of how some major banks are responding to COVID-19 remote working policies.
RBS closes digital bank Bó six months after launch
Customers will be given a notice of “at least” 60 days before their accounts are closed.
RBS unveils ‘companion card’ to help vulnerable customers during lockdown
The card has a £100 limit which can be refreshed every five days.
RBS axes 130 jobs from investment banking arm despite coronavirus uncertainty
Trade unions have criticised RBS’ choice to lay off workers amid the crisis.
NatWest’s Mettle gives users access to FreeAgent’s accounting software
User will need to make one transaction per month minimum for the free service.
UK treasury expected to push back sale of its RBS stake to 2025
A further five-year delay is put down to “turbulent stock markets”.
UK banks prop up SMEs with £7bn amid coronavirus outbreak
The banks are also deferring customers’ payments on loans and mortgages for up to three months.
RBS changes name to NatWest and appoints new Bó CEO
“It really makes no sense for us to continue to be called RBS,” says chairman.
FinovateEurope: RBS head says bank has “turned a corner” in its innovation culture
“Our approach historically [to innovation] was the wrong one,” Broadbent admits.
RBS neobank Bó reissues cards due to authentication issue
The post cites “new” regulations which came into force last September.
RBS sees flurry of executives leave including BÓ’s CEO
The bank sees a major reshuffle under new chief Alison Rose.
MoneyLive 2019: Neobanks “regularly” share tips on financial crime, says exec at Natwest’s Bó Bank
Collaboration between new banks is “pretty impressive”.
HSBC and RBS race to launch new digital banking platforms
HSBC Kinetic is in beta testing, RBS’ neobank Bó is to launch this month.
Pollinate launches with backing from Mastercard, RBS
Merchant services firm’s first customer is NatWest.
PayExpo 2019: Europe will catch the UK’s open banking lead up in a year, says Danske Bank
Danske says the European landscape lends to more unique businesses.
RBS and NatWest websites’ problems fixed – for now
Both sites have been showing a 502 Bad Gateway error.
Top fintech stories this week – 23 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Natwest, Tesco, RBS and Nationwide experience banking IT outage
Customers couldn’t access credit card information with monthly bills imminent.
Top fintech stories this week – 2 August 2019
FNZ acquires GBST, LSE to buy Refinitiv, and more!
Barclays, RBS and other banks face £1bn forex rigging lawsuit
JP Morgan, Citigroup and UBS also named in US-style class action.
Waddle and RBS pilot partnership
RBS is one of the first banks to offer an automated working capital solution to its customers.
Five winners in latest RBS-derived funding round
The fourth entry in the Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package.
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Five banks fined €1bn for rigging foreign exchange market
UBS escaped a European Commission penalty after exposing the cartels.
Video: fintech news weekly round-up – 09 May 2019
This week, Mastercard, Facebook and many more!
BCR opens applications for Capability and Innovation Fund Pool C
Four £10 million grants are on offer.
Top fintech stories this week – 26 April 2019
Figure Eight acquired by Appen, T-mobile launches checking account, and RBS’ digital bank picks Mambu.
RBS’s digital challenger bank Bo taps Mambu’s cloud tech
EXCLUSIVE: Bo is expected to launch to retail customers in 2019, underpinned by Mambu’s core banking tech.
Top fintech stories this week – 29 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Video: fintech news weekly round-up – 25 February 2019
Metro, Starling and ClearBank get the RBS grant, South Korea plans fintech push, and more.
NatWest unveils bank account aggregator
Its “first real-life customer feature using open banking”.
Metro, Starling and ClearBank win RBS fund
The Capability and Innovation Fund’s first pool grants a total of £280m.
NatWest and RBS tap FreeAgent for SME account feeds
“A first for accounting software in the UK.”
Video: fintech news weekly round-up – 14 January 2019
Featuring N26, RBS and Loot, Google in Ireland, and Alipay in Pakistan.
RBS secures 25% stake in digital current account Loot
Invests £2 million via its new digital Bó bank.
£20k billboard in London calls for RBS investigation
Set up by victims of the bank’s alleged SME client mismanagement.
