NatWest - News, Articles & Research

Company announcement/payments

NatWest signs up to Good Business Pays campaign

NatWest Group, the leading banking and financial services organisation that serves 19 million UK customers, has become the first major bank to sign-up and support the Good Business Pays campaign.

28 January 2022

Company announcement/sustainable

Tink and Cogo unite to support NatWest carbon tracking app

Open banking platform Tink and sustainability fintech Cogo have formed a strategic partnership to provide banking customers with personalised carbon footprint tracking services, following the successful launch of the NatWest carbon tracking feature which brought the two fintechs together.

19 January 2022

News/people

NatWest Markets sets up blockchain team

NatWest is to formalise its blockchain strategy with the launch of a new digital team in its capital markets business.

14 January 2022

News/people

Natwest Mettle chief quits to join blockchain outfit Near

Marieke Flament has quit NatWest's online business banking offshoot Mettle to join Swiss-based blockhain foundation Near.

17 December 2021

News/crime

HSBC fined £63.9m for AML failings

HSBC is the second bank this week to be handed down a fine by the FCA for failings in its anti-money-laundering (AML) processes, being hit with a £63,946,800 penalty.

17 December 2021

News/payments

NatWest initiates first live Variable Recurring Payment transaction

NatWest has become the first UK bank to conduct a live transaction using Open Banking-initiated Variable Recurring Payments.

15 December 2021

Company announcement/regulation

NatWest fined £264.8 million for anti-money laundering failures

National Westminster Bank Plc (NatWest) was today fined £264,772,619.95 following convictions for three offences of failing to comply with money laundering regulations.

13 December 2021

News/startups

Open finance challenge winners unveiled

An Australian startup working to green the housing market has won a global open finance challenge run by NAB, CIBC, Itaú Unibanco and NatWest.

23 November 2021

Company announcement/people

Mettle hire 'culture and people' lead

Mettle, the NatWest-backed business account, has appointed Andrea Himmelbaeur as the company's first Culture and People Lead.

18 October 2021

Company announcement/sustainable

NatWest allocates £100 billion for green lending

A report published today by NatWest sets out the potential opportunity that exists for the UK economy from the transition to net-zero, finding that SMEs could create up to 130,000 new jobs, produce around 30,000 new businesses and result in an estimated £160 billion opportunity for the UK economy.

13 October 2021

News/regulation

NatWest pleads guilty to money laundering charges

NatWest has pleaded to guilty to three offences under money laundering regulations that led to almost £400 million in payments from a single customer being washed through the bank.

07 October 2021

News/retail

NatWest acquires pocket money app RoosterMoney

NatWest has acquired RoosterMoney, provider of a pocket money and financial education app for kids.

06 October 2021

Finextra TV/cloud

NatWest leaders on the Global Open Finance Challenge

Dan Globerson, Head of The Bank of APIs at NatWest Group, and Wendy Redshaw, Chief Digital Information Officer for Retail Banking at NatWest Group, speak to FinextraTV about the launch of the Global Open Finance Challenge – a first-of-its-kind virtual event that NatWest Group is delivering in collaboration with Australian bank NAB, Brazilian bank Itaú and Canadian bank CIBC. The four banks are welcoming teams of innovators around the world to take part in the Challenge – whether they’re from universities, start-ups, fintechs or global organisations. If you have an innovative idea that could revolutionise banking, then consider taking part in the Global Open Finance Challenge – it could be your chance to present your ground-breaking idea to bank CEOs and industry legends, plus work with one of the four banks to turn your idea into a proof of concept.

17 September 2021

News/sustainable

NatWest partners with EV8 Switch to help UK drivers go green

NatWest has today announced it is teaming up with new space-enabled app, EV8, to support customers in their switch to electric vehicles.

09 September 2021

Company announcement/cloud

NatWest Group India launches Global Open Finance Challenge

NatWest Group, National Australia Bank, Canadian Imperial Bank of Commerce, and Itaú Unibanco are running the Global Open Finance Challenge, a first-of-its-kind virtual event encouraging innovation and the development of new solutions for a global open finance ecosystem. The four banks are inviting teams of innovators from start-ups, fintechs, universities, and large organisations from India and around the world to take part in the Global Open Finance Challenge. Interested candidates can apply by registering online before the application deadline of 26 September, 2021. The Challenge will take place virtually on 18-24 October and the grand finale will take place on 16 November, 2021.

07 September 2021

News/startups

One in seven adults now plan to start a business – NatWest

A report published by NatWest has found that one in seven adults now plan to become an entrepreneur, an increase of 50% since the bank’s 2020 Global Entrepreneurship Monitor (GEM).

06 September 2021

News/retail

NatWest launches app to help renters spilt shared bills

NatWest has developed an app called 'Housemate' that helps renters living in shared housing split and pay their bills.

24 August 2021

News/retail

NatWest and Mastercard extend payments app to almost half of UK mobile banking users

NatWest and Mastercard have announced the extension of their Pay by Bank app (PbBa) for secure online payments to mobile app users across NatWest Group brands Royal Bank of Scotland, Ulster Bank and Coutts.

23 August 2021

News/sustainable

NatWest partners Spotify on green business podcast

NatWest is teaming up with Spotify to launch a carbon neutral podcast series focused on climate champions from the UK business community.

18 August 2021

News/cloud

NAB, CIBC, Itaú Unibanco and NatWest launch open finance challenge

NAB, CIBC, Itaú Unibanco and NatWest Group have joined forces with Amazon Web Services to run a global open finance challenge, inviting fintechs, universities and other large organisations to prototype and develop new digital banking services.

16 August 2021