Tagged: nationwide

Nationwide Building Society Reportedly Stops 2,000 More Online Shopping Frauds with SCA

central london1

New payment checks at online checkouts are “proving invaluable” as Nationwide Building Society reports it is “protecting its members from an additional 2,000 cases of online card fraud a month.” Despite the fact that some transactions now take a little longer, new research from UK’s… Read More

Carefull, a Digital Platform Built to Help Older Adults with Finances, and Nationwide to Support “Financial Caregivers”

Old Senior Retired Beach Fishing Florida Vacation

Carefull, which claims to be the first digital platform built “to protect the daily finances of older adults,” has announced a pilot program with Nationwide and their Innovation team, “leveraging access to Carefull’s safe money monitoring technology.” In using its tech to support the 45… Read More

UK Real Estate Report: Nationwide House Price Index Increased 12.6% YoY in Feb 2022

Westminster London England UK

UK house prices continue to “advance unrestrained,” and on average are “up £29,000” over the last year, according to an update shared by Blend Network, a specialist development finance lender. The Nationwide House Price Index increased by 12.6% YoY in February 2022, which is an… Read More

UK Real Estate Report: Property Prices Increase Significantly, Average Home Now Costs £37,000 More than it Did Before COVID

William of Orange Kensington Palace London UK

The UK’s Nationwide House Price Index reveals that the price of a “typical” home in the country grew by 10% YoY in November, which is a just bit higher than the 9.9% recorded in October 2021 (on a monthly basis, prices surged by 0.9%, up… Read More

UK’s Nationwide Experiences Technical Issues with Faster Payments, Company Says Problem Now Resolved

Wait Delay UK

Nationwide clients had been left panicking after a recent Faster Payments outage at the building society only a few days before Christmas. After problems being reported on Tuesday (December 22, 2021), Nationwide confirmed that the “technical issue” had now been resolved and that “all delayed… Read More

UK’s Building Society Nationwide Updates Website by Moving to Microsoft Azure

Westminister London UK Construction Crane Real Estate Property

Nationwide, one of the world’s largest building societies, has reportedly moved its member website to Microsoft Azure. The move, which was designed, built and released by Nationwide’s Cloud team with assistance from digital transformation consultancy Contino, aims to improve the robust security features of the… Read More

UK-based BaaS Fintech 10x Future Technologies Finalizes Oversubscribed $187M Round led by BlackRock, Others

Fintech London England UK scaled

London-based 10x Future Technologies, a Cloud banking solution provider, has finalized an oversubscribed $187 million Series C round. The company states: “10x Future Technologies is … focused on transforming banking to be 10x better for customers, banks and society. The group has developed its own… Read More

MoneyLion Joins Forces With NFP to Provide Nationwide Insurance & Financial Wellness Offerings to Members

MoneyLion on iPhone

  MoneyLion, a U.S.-based consumer digital finance platform, announced on Thursday it has teamed up with insurance broker NFP to provide its members with direct access to insurance and financial wellness offerings. MoneyLion reported that the offerings are to help its members support their financial… Read More

UK’s Nationwide Building Society Introduces Cloud Native Speed Layer for Quickly Launching New Products and Services

UK London Flag Britain

The UK’s Nationwide Building Society (NBS), a British mutual financial institution, the seventh largest cooperative financial institution and the world’s largest building society with 15 million members, has introduced a cloud-native Speed Layer so that it can quickly launch new products and services. Headquartered in… Read More

UK’s Nationwide Updates AI-enhanced Digital Assistant Arti to Answer Numerous Queries During COVID-19 Crisis

London Bridge UK

The UK’s Nationwide Building Society has prepared its virtual assistant Arti to answer common COVID-19 mortgage holiday questions from the country’s residents. Nationwide’s team of mortgage, technology, and artificial intelligence (AI) professionals have been working on an initiative that involves developing, testing, and launching a… Read More

Nationwide Halts Plans to Offer Business Banking Services, Returns £50 Million in Bail Out Funds to RBS, Following COVID-19 Outbreak

Hand Halt Stop e1570144737188

Nationwide has halted its plans to offer business banking services, and has reportedly returned £50 million in Royal Bank of Scotland (RBS) bailout funds to the Banking Competition Remedies Board. In May 2019, Nationwide received a £50 million grant from the RBS bailout fund, in… Read More

Nationwide Announces Investment in Business Management Platform BankiFi

Money Dollars Benjamin 5

Nationwide announced on Tuesday it is investing in BankiFi, which is a business banking technology provider that uses open banking to provide a suite of business microservices which plug into banking infrastructure through APIs. Founded in 2018, BankiFi revealed it offers financial institutions a consent… Read More

Nationwide Announces New Partnership With BlueVine

small business saturday

Nationwide announced on Thursday it has teamed up with online small business lender BlueVine to offer the fintech’s financing to small businesses through Nationwide’s Business Solution Center. According to Nationwide, small businesses may have access to the online lending platform by applying through the BlueVine… Read More

UK Building Society Nationwide Announces £50 Million Fintech Venture Fund

Coins Pounds Money UK sketch

Nationwide, a UK-based building society, announced on Wednesday the launch of its new £50 million fintech venture fund to support its future technology strategy. The company reported it is prioritizing new partnerships that deliver benefits to members over profit alone, as it challenges startups to… Read More

Fintech Sandbox: Financial Conduct Authority Provides Update on Participants

FCA Regulatory Sandbox small

The UK Financial Conduct Authority (FCA) has just released an update on their regulatory Sandbox created to help aspiring Fintech firms to navigate the labyrinth of financial services rules. The trailblazing project, which has been replicated around the world, kicked off in 2014 and the… Read More

SURE Thing: US Insurtech Startup Dials Up $8M in IA Capital-Led Series A Funding Round

sure

SURE, an insurtech startup that offers on-demand personal insurance via an app, has closed an $8 million Series A funding round led by with participation from Menlo Ventures, FF Venture Capital, Nationwide Ventures, Assurant and AmTrust. The NYC and LA-based company also launched a Smartphone… Read More

Insurtech Company Next Insurance Secures $29 Million During Series A Funding Round

Money

Next Insurance, an insurtech company that specializes in small to medium businesses, announced on Wednesday it secured $29 million during its Series A funding round, which was led by Munich Re/HSB Ventures with participation from  Markel, Nationwide, and other existing investors.  Next Insurance explained that… Read More

Send this to a friend