Tag: Natwest

NatWest lets customers set transfer limits to reduce payment scam damage

NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.

NatWest to block cryptocurrency payments following earlier FCA warning

UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.

Natwest faces money laundering charges by FCA over cash deposits

The Financial Conduct Authority (FCA) has begun criminal proceedings against banking giant NatWest Group alleging that the company failed to follow anti-money-laundering regulations. The FCA...

Can banks beat neobanks at their own game?

Challenger banks have spent the better part of the last decade turning the banking world on its head, but is there a way for incumbents to bridge the technology divide?

Monzo and Starling Bank lead service quality league

Challenger banks Monzo and Starling Bank led the list that provided the best service among the UK's 19 largest personal account providers, according to new research from British regulators.

Should you outsource or build your own WealthTech solutions?

Implementing digital wealth management solutions can be tempting for many companies. However, the choice of whether they should build their own, enlist vendors or mix the two approaches is far from easy to make.

NatWest uses Featurespace’s tech to fight financial fraud

Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.

NatWest to axe 550 jobs and close its London tech hub

UK lender the NatWest Group has announced that it will cut its headcount by roughly 550 people across the country and to close its London tech hub.

Free2 secures £305m in debt funding to support upcoming product launch

Free2, a financial services platform aimed at helping over 55s, has received a £200m securitisation facility from NatWest Markets to help the FinTech issue customer loans.

Bó is shutting down just months after launching its criticised app

Months of setbacks seemed to have been too much for the banking app that was once hailed as NatWest’s Monzo killer, with Bó now announcing that it is closing down.

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