Nationwide

225 results about this entity

Period: 20 Jul 2005 - 03 Apr 2024

/regulation

FCA requests explanation on banks’ ‘harmful’ overdrafts

The Financial Conduct Authority has called for industry feedback on overdraft pricing in an open letter, as major banks align overdraft rates at around 40%.

/retail

Monzo and Starling among account switching winners

Just five UK banks, two of them challengers, managed a net gain of customers in the third quarter of 2019, according to figures from the Current Account Switch Service.

Open Banking year two: Insights from the CMA9

The financial services industry was forced to endure a steep learning curve with the launch of Open Banking in 2018, but what followed the one-year anniversary of the UK’s experiment? Here’s a review of Open Banking’s second year. What worked? What didn’t? And what’s next?

Nationwide invests in charity app Percent

Nationwide Building Society has dipped into its £50 million venture fund to take an undisclosed stake in app-based donations startup Percent.

First Direct tops the charts for customer experience

First Direct and Nationwide top the UK’s first retail banking customer experience (CX) index, created by data analysis and consulting firm Kantar

Nationwide opens API sandbox for mortgage broking industry

Nationwide Building Society has opened an API sandbox for third party developers to pilot applications to help speed up mortgage processing for brokers.

BlueVine raises $102.5 million

Citi Ventures. MUFG Ventures and Nationwide have joined in a $102.5 million equity financing round for small business banking vendor BlueVine.

NatWest ranked best bank for online security by Which?

Which? has compared the online security of 12 of the UK's biggest banks, with NatWest coming out on top.

Nationwide invests in energy switching startup

Nationwide is to buy a stake in energy switching company Switchd, adding to the panoply of peripheral fintech startups in the building society's £50 million Venture Fund portfolio.

Nationwide establishes 'Open Banking for Good' incubator in Covent Garden

Nationwide Building Society is working with five fintech startups in a collaboration space in London's Covent Garden as part of its £3 million Open Banking for Good challenge.

Nationwide invests in BankiFi

Nationwide Building Society has invested in Open Banking vendor BankiFi, as it gears up for the forthcoming launch of its business banking service

/payments

Nationwide introduces savings accounts to the Insignis Cash Platform

Nationwide Building Society, the UK’s largest building society, has deepened its relationship with Insignis Cash Solutions, by offering its deposit accounts to Insignis’ High Net Worth, Charity, SME and Corporate Clients through its Cash Platform.

/startups

Nationwide invests in digital lettings agency Bunk

Nationwide Building Society has invested in Bunk, a digital lettings agency using Open Banking to help do-it-yourself landlords run their businesses. Terms of the investment were not disclosed.

Nationwide turns to OutSystems for low-code platform

OutSystems, provider of the number one low-code application development platform, today announced that leading financial institution Nationwide is using the OutSystems low-code platform to develop a new digital business savings service that will radically transform how Nationwide interacts with its business savings customers.

Nationwide unveils new concept branch

Nationwide Building Society has today announced it is opening a new concept branch in Meadowhall Shopping Centre, Sheffield, with the branch set to open seven days a week and some early evenings. The branch will open on 27 August 2019.

Nationwide to open digital innovation centre in London

Nationwide is to open a new digital innovation centre in London, creating over 750 new technology jobs.

Nationwide strikes deal with Mastercard and ClearBank for new busines banking service

Nationwide, the world’s largest building society, today announces it has signed two new partnerships as it prepares to launch a game-changing business current account for Britain’s 5.6 million small businesses.

Rumours swirl about JPMorgan interest in 10X and London skunkworks project

JPMorgan is on the cusp of making a sizeable equity investment in 10x Future Technologies, the fintech startup founded by former Barclays boss Antony Jenkins.

Yolt Pay reaches final Beta stage with Nationwide, Santander and Barclays PIS

Yolt, the smart thinking money app, today announced it has extended its payment test phase to UK customers who bank with Nationwide, Santander and Barclays.

Nationwide wins £50 million award for business banking plans

Nationwide Building Society has received a £50 million injection for its business banking plans in the latest round of handouts from the RBS bail out fund.