NatWest Group fined £1.82m for overcharging credit card interchange fees
NatWest, RBS, Ulster Bank and Coutts incorrectly treated a number of cards as being ‘commercial’ cards.
NatWest, RBS, Ulster Bank and Coutts incorrectly treated a number of cards as being ‘commercial’ cards.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
NatWest continues with its withdrawal from the Irish market.
The card has a £100 limit which can be refreshed every five days.
TSB and Ulster Bank are not having a good time with their tech.
This is becoming a regular fixture in the UK, as yet again British banks are reporting online banking problems. In the latest glitch, customers of NatWest, Royal Bank of Scotland (RBS) and Ulster Bank have been hampered by the outage. The trio say they are “aware of some issues” with their online banking services. Customers […]
Natwest, Royal Bank of Scotland, Santander and Ulster Bank have all launched on Android Pay in the UK today (13 September), with TSB “coming soon”. The development follows hot on the heels from last week, when US-based Chase Bank customers were able to add their eligible Chase Visa cards to Android Pay. The cards include […]
Ulster Bank and KPMG have launched the “world’s largest free business accelerator” for entrepreneurs – Entrepreneurial Spark – in Belfast in Northern Ireland. The new hub, or “Hatchery”, can host up to 80 businesses and early stage entrepreneurs. Also involved in the launch were Royal Bank of Scotland (RBS) and NatWest (all three are part […]
RBS’ global transaction services business is exploring collaboration with a number of startup companies as a way of combining its own services with the innovation provided by smaller companies, through API agreements. The move comes as banks around the globe increasingly seek to bring products to market faster and reap the rewards of innovation.
The mobile payments system planned by the UK Payments Council will be branded Paym. The Council says that it will announce the go-live date next month and final testing is on track.