Archives

April 3, 2020 @ 9:15 am By Samantha Hurst  |  

UK banking group NatWest announced on Friday it is continuing to offer support SME customers by waiving monthly hire fees for Point-of-Sale terminals from its payments product Tyl until the end of 2020 in response to the COVID-19 pandemic. NatWest also revealed that is providing… Read More

March 26, 2020 @ 10:08 am By Samantha Hurst  |  

VoxSmart, a UK-based fintech that’s focused on communication surveillance technology for financial markets, announced on Thursday it raised £5.5 million through its latest investment round, from Natwest. Founded in 2006, VoxSmart describes itself as a global telecommunications software provider and that empowers organizers to “unlock… Read More

January 15, 2020 @ 12:41 pm By Samantha Hurst  |  

UK banking group NatWest announced on Wednesday it has joined forces with Soldo, a pre-paid company card provider for small businesses, to expand its SME lending capabilities. NatWest reported that the partnership will allow two of its ventures, Esme Loans and Rapid Cash, to be… Read More

December 4, 2019 @ 8:33 am By JD Alois  |  

Following a trial of a biometric card announced in October, NatWest has announced an expansion of the program with its “biometric payment fob.” The bank is launching today a three-month national trial involving 250 customers. Users may make payments up to £100 without a bank card… Read More

October 7, 2019 @ 7:05 am By JD Alois  |  

NatWest reports that the first biometric fingerprint credit cards are entering circulation today. According to the bank, 150 customers have been selected to take part in a three-month national pilot program. The credit card pilot follows an early trial of a debit card earlier in… Read More

September 20, 2019 @ 8:46 pm By Samantha Hurst  |  

Esme Loans, NatWest’s standalone digital lending platform for SMEs and scale-up businesses, announced this week it has increased its credit appetite with the maximum loan amount moving to £250,000 from £150,000 to support more UK SMEs.  According to NatWest, Esme Loans has lent over £70million… Read More

August 12, 2019 @ 9:33 am By JD Alois  |  

  Technology is at its best when it is ubiquitous and unobtrusive. We want tech to be available wherever and whenever we need it but it should not be something that is hard to access. It must be simple to use. Today, most tech services… Read More

July 5, 2019 @ 8:23 am By Samantha Hurst  |  

UK banking group NatWest announced on the pilot launch of its new working capital product, Rapid Cash. According to NatWest, the NatWest Rapid Cash is an alternative to a traditional business overdraft, with a credit limit that is based on customers’ unpaid invoices. “Rapid Cash can… Read More

July 3, 2019 @ 9:26 am By Samantha Hurst  |  

UK banking group NatWest announced on Tuesday it has completed a SONIA (Sterling Overnight Index Average) loan for its corporate customer National Express. According to NatWest, the loan has been provided as a committed Revolving Credit Facility. Ashurst LLP acted as legal adviser to the bank… Read More

May 10, 2019 @ 7:51 am By Samantha Hurst  |  

NatWest announced last week the launch of its new product NatWest Tyl. According to NatWest, NatWest Tyl is a new, innovative approach to merchant acquiring, and is designed to make it easier for customers to run their business. “Alongside straightforward customer on-boarding, simple pricing and… Read More

October 18, 2018 @ 8:19 am By JD Alois  |  

NatWest has announced the launch of a syndicated loan market built on blockchain. The goal is to “dramatically transform and streamline the global syndicated loans market.” NatWest partnered with Fusion LenderComm, a platform built by Finastra. The new platform will go-live in November. NatWest notes… Read More

June 29, 2017 @ 6:00 am By Erin Hobey  |  

NatWest has joined with Recordsure, deciding to trial AI technology to boost customer confidence and insure “best possible” information and advice. The partnership will allow NatWest to explore how Recordsure’s RegTech recording and analysis solution can be used to improve and monitor the quality of information and… Read More