NatWest Group has announced that it has become the first UK-headquartered bank to work with OpenAI as part of a collaboration that supports its strategic focus on bank-wide simplification, which includes deploying AI to meet customers’ needs more effectively and to “increase productivity and efficiency… Read More
Under 35s are embracing a ‘spend now, save later’ mindset when it comes to planning ahead in their finances – with a quarter (25%) having £500 or less saved. This, according to research findings from UK’s NatWest. While 18–35-year-old Brits have an “average of £9,579… Read More
The North East of England continues to drive regional growth for the UK, according to the latest NatWest UK Regional Growth Tracker for February. The index is said to be the “fact-based” indicator of regional economic health published each month, offering a snapshot of “performance… Read More
Five fintechs have been selected to take part in NatWest’s Fintech Growth Program. After the launch in December and after a process of pitches, presentations and interviews, TunicPay, Ask Silver, mmob, Aperidata and Sprive were selected to take part in the program supported by NatWest…. Read More
Four of the 12 UK nations and regions recorded business activity growth in January, according to the NatWest Growth Tracker. The NatWest Regional Growth Tracker Business Activity Index is described as the “fact-based indicator of regional economic health, tracking the monthly change in the output… Read More
NatWest Group is reportedly set to launch its Fintech Growth Program, an opportunity for fintech startups to use the resources, expertise and networks of a high-street bank to help them scale-up in a sustainable manner. The program reportedly supports NatWest’s goal of leading the future… Read More
A report released by the UK’s business bank NatWest, in partnership with Oliver Wyman and supported by the Business Secretary, Jonathan Reynolds MP, has identified that the United Kingdom’s mid-market businesses are like the “unsung engine” of the nation’s economy. More than 13,000 of these… Read More
Research from NatWest reveals the fast pace of change in the payments behaviors of consumers across the United Kingdom. As digital payments become more available, in 2024, merely 8% of adults report that they still use cash and coins “all of the time,” according to… Read More
NatWest has shared an update on the fastest growing scams of 2024. The update from UK’s NatWest noted that an increase in fake parcel delivery texts, social media marketplace scams and AI voice cloning “during the last 12 months.” This, according to the analysis from… Read More
NatWest continues to support the European energy transition with €450 million financing of solar power projects in Southern Europe. NatWest has recently teamed up with Glennmont Partners in order to finance the construction of 17 solar photovoltaic projects across Spain, Italy and Portugal with a… Read More
Activity at small and medium-sized businesses fell “marginally” in September, while new work and employment numbers continued to grow, the NatWest SME Growth Tracker has revealed. The NatWest UK SME Business Activity Index – which aims to effectively measure MoM changes in the output of… Read More
Business activity rose in all but one of the UK’s 12 nations and regions last month, following broad-based growth in the month prior, according to the latest NatWest Regional Growth Tracker. As noted in a blog post by NatWest, the Business Activity Index is said… Read More
NatWest Group has announced a progress update on its ambition to provide £5 billion in new lending to the UK social housing sector, with the bank confirming £2.8 billion has been provided up to 31 August 2024. As explained in the update from UK’s NatWest… Read More
Meta (NASDAQ:META) and NatWest are expanding an information sharing partnership to help protect people against fraud. The Fraud Intelligence Reciprocal Exchange (FIRE) is described in an update as a threat intelligence sharing program for financial institutions, enabling banking service providers to share intelligence with Meta… Read More
As summer comes to a close and the nights draw in, new research from NatWest Premier reveals that half (50%) of Brits admit “to overspending, with fear-of-missing-out being the primary driver for 25%.” Furthermore, around one in five agree “that the pressure to keep up… Read More
NatWest reports that it has completed a multimillion-pound funding deal with North East’s believe housing. NatWest notes that the £90 million funding package will aim to “support long-term growth plans for social housing association.” As stated in the announcement, believe housing has obtained a £90… Read More
Despite the financial pressures facing young people, NatWest’s latest Savings Index reveals younger generations are building positive savings habits, breaking traditional taboos around talking about money, and “seeking innovative ways through social media to create a more secure financial future.” Almost nine in ten (86%)… Read More
August saw business activity rise universally across the UK for the first time in three months, the latest NatWest Regional Growth Tracker showed. The Business Activity Index is the first fact-based indicator of regional economic health released each month, “tracking the monthly change in the… Read More
NatWest and Beauhurst’s New Startup Index reports 468,000 new companies started up in the first half of 2024 – a 6% increase compared to the same period last year. In a sign of the strong potential of the UK economy, 468,000 new firms “have started… Read More
NatWest has executed a £1.1bn own-asset securitisation deal with funding from Nuveen Infrastructure and Christofferson Robb & Company to allow the bank to recycle capital and increase lending to the renewable energy and energy transition sectors. The synthetic risk transfer securitization “provides credit protection against… Read More
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