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NatWest confirms 550 job cuts alongside London tech hub closure

NAnnouncing further strategic directives, the governance of NatWest Group confirmed that it will reduce its UK retail workforce by 550 staff across its combined...

NatWest deploys Paylink affordability checks across group network

NatWest Group has announced a major product initiative to adopt Paylink Solutions’ ‘Embark I&E’ platform, expanding its customer due-diligence and affordability check provisions across...

Bó challenger bank launch tests RBS corporate capacities

UK banks will be monitoring the progress of ‘Bó’ closely, the new digital ‘challenger bank’ launched by RBS Group this week as a standalone...

Halifax becomes latest bank to roll out ‘advanced gambling controls’

Halifax has joined the likes of Barclays, Lloyds, Santander, and RBS in rolling out a ‘gambling freeze’ feature across its mobile app which will...

NatWest lifeline sees Loot Staff takeover Bó ambitions

Rearranging its digital operating structure, RBS-owned NatWest has recruited the enterprise team of insolvent mobile current account operator Loot (Loot.io), who will lead the...

New industry code enables refunding of APP scams

Victims of Authorised Push Payment (APP) scams could be entitled to reimbursement from their banks following the introduction of a new voluntary industry code.Developed...

RBS pilots biometric fingerprint bank card solution

British based banking and financial services giant RBS Group is set to roll out a new biometric bank card which will enable customers to...

Yolt launch open banking payment service beta tests

Money management app Yolt has begun testing its new Payment Initiation Services (PIS) with their UK community thanks to the beta launch of ‘Yolt...

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