Archives

January 28, 2022 @ 5:58 pm By Omar Faridi  |  

NatWest Group, the banking and financial services organization that serves around 19 million UK clients, has reportedly become the first major banking institution to sign-up and support the Good Business Pays campaign. NatWest Group is one of the largest business and commercial banks in the… Read More

December 19, 2021 @ 9:50 pm By Omar Faridi  |  

Marieke Flament, the Chief Executive at NatWest’s virtual bank for businesses, is reportedly getting ready to leave her role after two and a half years. Flament will be joining Switzerland-headquartered blockchain foundation NEAR as the CEO, she confirmed in statements shared with Reuters. The non-profit… Read More

December 14, 2021 @ 8:59 am By Omar Faridi  |  

British bank NatWest has reportedly been fined £264.8 million (appr. $354.30 million) on Monday (December 14, 2021) for failing to comply with appropriate money laundering regulations in a case that marked the first time that the United Kingdom’s financial regulators pursued criminal charges for these… Read More

October 8, 2021 @ 1:02 am By Omar Faridi  |  

NatWest reveals that it has completed the acquisition of Fintech firm RoosterMoney as part of its strategy to assist families and young people with effectively managing their money. Established back in 2016, Rooster, the London-headquartered Fintech company makes it simple for parents and children to… Read More

September 7, 2021 @ 10:54 am By Omar Faridi  |  

NatWest Group, National Australia Bank, Canadian Imperial Bank of Commerce, and Itaú Unibanco will reportedly be conducting the Global Open Finance Challenge, which will aim to promote innovation and the development of new services for a globally accessible, Open Finance ecosystem. The four banking institutions… Read More

May 25, 2021 @ 1:39 am By Omar Faridi  |  

NatWest, a major retail and commercial bank in the UK, will reportedly be letting clients set up their own daily digital bank transfer limits – which should help reduce the potential damage done by authorized payment push (APP) scams. NatWest, Royal Bank of Scotland and… Read More

April 22, 2021 @ 9:13 am By JD Alois  |  

UK bank NatWest is saying no to crypto. According to a report, business users that accept crypto, like Bitcoin, may be refused access to the bank’s services. As reported by the Guardian, NatWest BoardMember Morten Friis, who is head of the Risk Committee, explained during… Read More

April 16, 2021 @ 8:29 am By Samantha Hurst  |  

  UK banking group NatWest announced on Thursday the relaunch of its Enterprise program to boost support for scale-up businesses along with climate, fintech, and B-Corp-focused businesses. NatWest revealed that the relaunch follows recent findings from the bank’s report into SME recovery in the UK,… Read More

February 25, 2021 @ 2:49 pm By Samantha Hurst  |  

  UK banking group NatWest announced earlier this week it has issued a €1 billion affordable housing social bond. The bank reported it has selected a pool of loans to not-for-profit, registered UK-based housing associations to which it will allocate the proceeds of the bond’s… Read More

January 29, 2021 @ 2:20 pm By Samantha Hurst  |  

  UK banking group NatWest announced on Thursday an additional £1 billion in funding to help support female-led businesses in the UK recover from the COVID-19 pandemic. NatWest reported that the goal is to ultimately help female entrepreneurs to scale and grow and builds on the… Read More

December 21, 2020 @ 9:36 am By Samantha Hurst  |  

  UK banking group NatWest announced on Monday it has entered into an agreement with Metro Bank to acquire a £3 billion portfolio of prime UK mortgages. According to NatWest, the portfolio consists of owner-occupied residential mortgages with a weighted average current loan to value of… Read More

November 19, 2020 @ 10:45 pm By Samantha Hurst  |  

UK banking group NatWest recently announced the rollout of its Citizens Advice Service. According to NatWest, the service was created to identify and tackle the root cause of a relational, environmental, or social vulnerability, before it turns into financial difficulty. While sharing more details about… Read More

November 11, 2020 @ 9:34 am By Samantha Hurst  |  

UK banking group NatWest announced on Tuesday the launch of its new product Green Mortgages. According to NatWest, the product offers a “preferential interest rate” to new or existing customers who are purchasing energy-efficient properties. The banking group explained: “The Green Mortgage offers a discounted… Read More

November 3, 2020 @ 2:46 pm By Samantha Hurst  |  

Mettle, a free business account created by NatWest, announced on Tuesday users may now use their Mettle card with Apple Pay to make purchases that allow Apple Pay. This notably means that instead of using physical cards, users may pay using Apple devices. “Apple Pay… Read More

October 28, 2020 @ 8:30 am By Samantha Hurst  |  

UK banking group NatWest announced on Wednesday it has introduced a 48-hour delay gambling block. According to NatWest, the measure on debit cards will allow customers to take further control of their spending. “During lockdown, NatWest saw a decline in gambling transactions. As restrictions have… Read More

August 21, 2020 @ 7:14 am By Samantha Hurst  |  

UK banking group NatWest announced on Thursday it is launching “Banking My Way” service, which will allow customers to request how they want to be served. NatWest reported that through the services, customers may make specific requests which could include requesting a quiet space when… Read More

August 14, 2020 @ 2:03 pm By Samantha Hurst  |  

Cloud-based accountancy software provider FreeAgent announced on Thursday it has launched an integration with NatWest’s online banking to allow its customers to oversee, plan, and protect their businesses. The company also announced its new partnership with UK insurer Hiscox to allow businesses to obtain an… Read More

August 12, 2020 @ 10:01 am By Samantha Hurst  |  

UK banking group NatWest recently announced it is bringing Apple Pay to its Business credit card customers. NatWest reported that the option will provide a safer, more secure, and private way to pay, as well as helping customers avoid handing their payment card to someone… Read More

June 15, 2020 @ 1:15 pm By Samantha Hurst  |  

NatWest announced on Monday it is developing behavioral biometrics technology that could replace banking passwords. According to NatWest, behavioral biometrics works by analyzing the unique ways a customer interacts with their device when making an online purchase. The technology then uses this information to confirm who… Read More

May 25, 2020 @ 8:16 am By Omar Faridi  |  

Consumers across the globe continue to increasingly use digital payments options instead of physical cash, due to COVID-19. NatWest claims that it has witnessed a significant increase in UK businesses that are now ready to accept payment cards. The lender notes that 70% of local… Read More