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NatWest to pay out £600K after CMA finds it has breached...

NatWest has been told by the Competition and Markets Authority (CMA) to pay out £600,000 in refunds over breaches of bundling guidelines.  The UK bank...

Barclays continues branch closures with 18 more in August

As the shift to digital finance continues to accelerate, Barclays bank has confirmed 18 more of its branches have closed raising the projected number...

NatWest open banking solution Payit hits £1bn milestone

NatWest’s open banking solution Payit has processed £1bn since its inception in June 2020, a ‘critical milestone’ for the banking giant.  Since its launch, Payit...

Marion King joins BFS as newest Director to expand its growth

Former Natwest Director of Payments, Marion King, has joined Bibby Financial Services (BFS) as its newest Non-Executive Director to aid in the firm's ambitious...

NatWest takes to TikTok to expand business builder toolkit 

NatWest is expanding the way it advises budding entrepreneurs, as it brings its presence to TikTok.  Collaborating with VaynerMedia London, the firm is seeking to...

Talkwalker: Challenger banks are growing in the UK

A new report by consumer intelligence firm Talkwalker has highlighted that UK banking is currently going through a tech renaissance. Traditional banking institutions in the...

QR code payments launched for NatWest service Paylt

NatWest bank is set to launch QR code-based payments on its PayIt online payment platform, enabling faster invoice payments for merchant customers.  Entitled ‘PayMe’, NatWest’s...

Natwest launches new API enabling Confirmation of Payee

Natwest bank has launched a new API which embeds a Confirmation of Payee function into its systems and processes.  The new API enables customers to...

NatWest embraces non-sweeping VRPs in a first for the UK market

The UK’s embracing of VRPs continues to evolve with NatWest becoming the first firm to offer non-sweeping VRPs to the market.   In what is a...

Natwest hit with £1.8 million sanction over interchange fee errors

NatWest has been hit with a significant regulatory sanction, as four of its banks have been handed a total penalty of £1.82 million after...

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