Natwest/page/2 news and trends

NatWest Extends Mastercard Business Savings to Debit Cards in UK
SMBs // May 30, 2024

NatWest has extended the Mastercard Business Savings program to include small business debit card customers in the United Kingdom. Previously, the program was only available to NatWest and RBS business credit card holders, the bank said in a Thursday (May 30) press release. The program...

Mastercard Takes AI-Driven Fraud Defense to Next Level
Mastercard // April 24, 2024

Mastercard is bringing an artificial intelligence (AI)-driven, partnership approach to detecting and preventing identity and payments scams before they can result in victimizing consumers. The company announced on Wednesday (April 24) a new product suite and several cross-industry partners to combat the use of AI to...

NatWest to End BNPL Option Due to Lower-Than-Expected Use
BNPL // March 08, 2024

NatWest will end its buy now, pay later (BNPL) product May 7 due to lower-than-expected use of the offering. This move comes less than two years after the British bank’s summer 2022 launch of the BNPL option, The Sun reported Thursday (March 7). A NatWest spokesperson told the...

NatWest Turns to IBM to Upgrade Virtual Assistant Cora
Artificial Intelligence // November 06, 2023

NatWest’s virtual banking assistant Cora is getting an artificial intelligence (AI)-powered upgrade from IBM. The British bank is working with IBM to offer customers a broader range of information, becoming one of the first lenders in the United Kingdom to employ generative AI with a...

Interviews & Exclusives
Vocalink On The Grim Facts Behind Financial Crime’s $1.4T Toll

October 02, 2018
Halloween comes early this year as we delve into a slew of grisly facts about financial crime in our latest Data Drivers. Losses amount to $1.4 trillion? While 41 percent of crimes go unreported? As David Divitt, VP of financial crime products of Vocalink, notes, frightening things are afoot — but there are ways to get the money back.

Quick Reads
Case Against Big Banks Overcharging on Corporate Bonds Revived

July 02, 2024
A lawsuit accusing 10 banking giants of overcharging investors on corporate bonds has been resurrected. The reason, as Reuters reported Tuesday (July 2), is because the 2nd U.S. Circuit Court of Appeals in Manhattan has overturned the trial judge’s earlier dismissal of the suit, saying the judge should have been recused as his wife held […]

NatWest Extends Mastercard Business Savings to Debit Cards in UK

May 30, 2024
NatWest has extended the Mastercard Business Savings program to include small business debit card customers in the United Kingdom. Previously, the program was only available to NatWest and RBS business...

NatWest to End BNPL Option Due to Lower-Than-Expected Use

March 08, 2024
NatWest will end its buy now, pay later (BNPL) product May 7 due to lower-than-expected use of the offering. This move comes less than two years after the British bank’s summer...

NatWest Turns to IBM to Upgrade Virtual Assistant Cora

November 06, 2023
NatWest’s virtual banking assistant Cora is getting an artificial intelligence (AI)-powered upgrade from IBM. The British bank is working with IBM to offer customers a broader range of information, becoming...