NatWest Group has announced the appointment of Mark Brant as the chief payments officer (CPO) of NatWest. In a statement emailed to PYMNTS, NatWest Group said that the payment industry veteran will join the group on Jan. 16. Brant will report to Paul Thwaite, CEO of NatWest’s commercial and...
FinTech Scotland, a market-led initiative with wide support in the country, presented in early March its 10-year roadmap to accelerate the adoption of fintech excellence in the country. The report, supported by the industry, academia and regulators, designed an actionable plan about how the industry...
The Law Commission of England and Wales and the Scottish Law Commission released a final 315-page report on January 26 recommending the U.K. and Scottish Parliaments introduce new legislation to regulate self-driving cars. The report recommends a new Automated Vehicles Act drawing a clear distinction...
Scotland-based Tesco Bank has announced that it’s the first financial institution (FI) in the United Kingdom to introduce technology that allows its 2.6 million credit card customers to more easily manage and pay their balances. The bank’s “Pay by Bank” platform will be enabled by...
January 25, 2023
The U.K.’s consumer watchdog has accused three money transfer firms of price fixing. The Financial Conduct Authority (FCA) alleged in a Wednesday (Jan. 25) news release that Dollar East, Hafiz Bros Travel & Money Transfer, and Small World Services fixed prices charged to Glasgow customers who wanted to send money to Pakistan. As a result, the agency said, those consumers might have been […]
December 07, 2022
NatWest Group has announced the appointment of Mark Brant as the chief payments officer (CPO) of NatWest. In a statement emailed to PYMNTS, NatWest Group said that the payment industry veteran will join the...
September 15, 2020
Scotland-based Tesco Bank has announced that it’s the first financial institution (FI) in the United Kingdom to introduce technology that allows its 2.6 million credit card customers to more easily...
February 06, 2019
A shopping mall in Scotland, located near Edinburgh, was sold at auction for just 310,000 pounds ($403,000) – a quarter less than the cost of the average London apartment. The price...
