Tagged: natwest

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

May 7, 2019 @ 11:13 am By Samantha Hurst  |  

Esme Loans, the NatWest backed standalone digital lending platform for SMEs, announced last week it has hit £50 million of lending to UK businesses. The online lender reported that it has seen a continued period of strong growth, following an uplift in lending of 337%… Read More

April 24, 2019 @ 12:52 pm By Samantha Hurst  |  

UK banking group NatWest announced on Wednesday the launch of its new biometric fingerprint card. NatWest reported that customers may now use their fingerprint to verify transactions above the £30 contactless limit, increasing security and making it easier for customers when paying for goods or services… Read More

April 1, 2019 @ 8:09 am By Samantha Hurst  |  

UK banking group NatWest announced on Monday it is set to trial its new personal mobile app, Mimo. According to NatWest, Mimo has been designed to help customers save time, save money and enjoy financial peace of mind. It will help customers budget, remind them of… Read More

February 25, 2019 @ 3:50 pm By Samantha Hurst  |  

UK banking group NatWest announced last week it has opened a new digital branch in Leeds Victoria. According to NatWest, the digital store gives customers the space and opportunity to complete their banking online in a secure environment, with staff to help with more complex or technical issues…. Read More

January 30, 2019 @ 12:22 pm By Samantha Hurst  |  

UK banking group NatWest announced on Wednesday it has launched its Data Academy will offer a wide range of training, courses, and qualifications that will cover all levels of data proficiency. According to NatWest, the academy is opened to all of the bank’s 70,000 employees and those enrolled will gain… 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

April 12, 2018 @ 7:52 am By Samantha Hurst  |  

Business finance company MarketInvoice announced this it has joined a select group of alternative finance firms on NatWest’s Capital Connections panel. MarketInvoice reported that it is the ninth alternative finance provider to join Capital Connections, alongside Funding Circle, Assetz Capital, Start Up Loans, Seedrs, Together, iwoca, Esme… Read More

April 3, 2018 @ 1:19 pm By Samantha Hurst  |  

NatWest has formed a partnership with Vocalink Analytics to further strengthened its fraud protection systems with the adoption of a sophisticated machine learning solution known as Corporate Fraud Insights. According to Vocalink, the system is designed to detect and prevent invoice redirection fraud, where businesses are duped into paying… Read More

March 23, 2018 @ 9:28 am By Samantha Hurst  |  

NatWest has formed a partnership with SpendLabs to launch its new ClearSpend mobile app for business spending. ClearSpend is described as a free mobile app for NatWest Commercial Card customers that allows businesses real-time visibility and control of their company card spending. The app is officially… Read More

March 22, 2018 @ 10:29 pm By Samantha Hurst  |  

NatWest announced this week it has beaten its sustainable energy funding target, providing £3.5 billion of lending to UK renewable energy and energy efficiency projects over the past three years. The bank reported it set a three-year target of £3 billion in 2015 and is now committed to… Read More

February 26, 2018 @ 9:47 pm By Samantha Hurst  |  

NatWest announced on Monday it is launching four specialist fintech accelerators based in its Bristol, Edinburgh, London and Manchester hubs. According to NatWest, up to 80 fintech businesses will benefit from Dell EMC’s expertise through regular technology reviews and sales strategy analysis. Entrepreneurs will also be… Read More

December 10, 2017 @ 3:30 pm By JD Alois  |  

On December 1st, the Royal Bank of Scotland (RBS) announced it would close 62 RBS branches and 197 NatWest branches. The shuttering of these bank branches is not unique to RBS and is indicative of the global Fintech revolution. This is not the first time… Read More

July 12, 2017 @ 5:18 pm By JD Alois  |  

Seedrs is one of the largest equity crowdfunding platforms in the UK and thus the world. It is the first regulated crowdfunding platform in the UK but trailed Crowdcube by a few months in its official launch. While starting as a small, early stage funding… Read More

May 30, 2017 @ 8:11 am By JD Alois  |  

Seedrs, the UKs “most active equity investor into private companies,” has announced a new partnership with NatWest to provide access to capital for British SMEs labeled “Capital Connections”.  Seedrs joins an existing group of alternative finance platforms in the initiative that includes Funding Circle, Assetz… Read More

February 20, 2017 @ 8:02 am By JD Alois  |  

Last week, NatWest – part of the Royal Bank of Scotland (RBS) – announced a new online platform designed to simplify the loan making process for UK SMEs.  Borne out of an ‘Innovation Cell’, working with Fintech firm Ezbob Limited,  “Esme” has been developed in… Read More

November 1, 2016 @ 4:17 pm By Samantha Hurst  |  

On Tuesday, alternative lender iwoca announced it is set to receive referrals from NatWest as part of the website’s new expanded panel of alternative lenders, Capital Connections. According to the companies, Capital Connections build on NatWest’s existing partnerships and creates even more opportunities for users… Read More