After a fund supported by the European Union granted it £100 million, Starling Bank is seeking grants worth as much as £35 million. The upstart financial institution is seeking two grants — £25 million and £35 million — from Banking Competition Remedies (BCR) funding to make...
Retailers looking for the shape of an economic recovery have had several letters to choose from. There’s the “hoped for” V-shaped recovery that heralds a quick return to pre-COVID consumer spend levels. There’s the U-shaped recovery that says the return will only happen after a...
U.K. financial institution Nationwide Building Society has made an investment in open banking FinTech BankiFi, the companies revealed in an announcement Monday (Sept. 23). With a focus on business banking, BankiFi offers financial institutions a range of “micro services” that those banks can integrate and...
A banking service targeting Britain’s 5.6 million small businesses is being launched by a new Mastercard and Nationwide partnership. Nationwide is gearing up for the introduction of its business accounts, while Mastercard is planning to roll out debit cards to customers early next year, the...
December 28, 2022
The U.K.’s largest mortgage lenders have agreed on measures to help struggling borrowers. The new measures follow a meeting between the chancellor, Jeremy Hunt, and representatives of the country’s major mortgage lenders earlier this month. In that meeting, Barclays, HSBC, Lloyds, Nationwide, NatWest Group, Santander and Virgin Money agreed to measures intended to ease the […]
July 23, 2019
A banking service targeting Britain’s 5.6 million small businesses is being launched by a new Mastercard and Nationwide partnership. Nationwide is gearing up for the introduction of its business accounts,...
May 08, 2018
Insurance giant Nationwide has announced it is leaving the retail banking business. Instead, the Ohio-based company will move its deposits and loans to another financial institution and its banking activities...
