Royal Bank of Scotland - News, Articles & Research

RBS launches mentor match-making platform for Scotland's women in business

Royal Bank of Scotland has partnered with online mentoring platform Digital Boost Upskilling to launch a free to use mentor matchmaking service for Scottish women in business.

13 April 2023

News/retail

Starling and Monzo top customer satisfaction survey

Digital challengers Starling and Monzo have been ranked the top personal and business current account providers in the UK.

15 August 2022

News/retail

NatWest to close another 32 branches

NatWest Group is closing another 32 branches, citing the migration to online and mobile banking.

14 February 2022

Company announcement/regulation

EU fines banking giants €344 million over FX price fixing cartel

The European Commission has completed its cartel investigation into the Foreign Exchange (‘Forex') spot trading market by imposing fines on five banks.

02 December 2021

Finextra TV/payments

Natwest on the progress of UK Finance's Payment Futures

Simon Eacott, Head of Payments Innovation and Business Development, Natwest speaks during EBAday 2020 about the work he has been doing at UK Finance and the progress of Payment Futures. We talk about the impact of the pandemic, how the industry has responded, and how NatWest will navigate the coming months.

25 November 2020

News/crypto

Cordite Society to mint first bank-grade digital currency for R3 Corda

The Cordite Society, a co-operative spawned from a research project at Royal Bank of Scotland, has released XDC, a digital currency for lubricating transactions on the R3 Corda blockchain network.

20 October 2020

Company announcement/cloud

RBS picks Mphasis Testing CoE

Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specialising in cloud and cognitive services, has signed a multi-year deal with Royal Bank of Scotland plc, one of the largest international banking and financial services companies.

07 July 2020

Company announcement/payments

Royal Bank of Scotland begins roll out of Tyl payment terminals

Royal Bank of Scotland has announced the launch of a new, innovative payments service in Scotland. ‘Tyl’ is designed to make it easier for small business customers across the country to receive payments and manage cash flow during COVID-19 and beyond.

30 June 2020

News/wholesale

RBS extends deadline for SME account switching as Coronavirus takes its toll

The Royal Bank of Scotland is to extend its incentivised business switching scheme to a further 200,000 businesses and roll back the deadline for account switches to other banks by six months as the Covid crisis and Brexit uncertainties shake the confidence of UK SMEs.

23 June 2020

News/retail

RBS to run virtual internship programme

Royal Bank of Scotland has scaled back its ten-week summer internship programme, instead offering virtual learning programmes to graduate prospects.

14 May 2020

News/retail

RBS bids farewell to app-only offshoot Bó

Royal Bank of Scotland is to wind down its digital challenger bank Bó, just five months after launching the app-only brand.

01 May 2020

News/payments

Imitation is the sincerest form of flattery: Natwest copies Starling with carers card

NatWest, Royal Bank of Scotland and Ulster bank have followed the example set by Starling Bank in launching a companion card which vulnerable customers can give to trusted people to pay for their groceries or other essential items.

24 April 2020

Company announcement/payments

RBS introduces ‘immediate release’ approach to help lessen impact on bank's suppliers

To support suppliers' cashflow during this time, RBS has changed its approach to paying suppliers by moving all UK and RoI supplier payments to immediate release until 30 June.

15 April 2020

News/retail

Lloyds Banking Group opens dedicated call line for vulnerable customers and NHS staff

Lloyds Banking Group has introduced a dedicated phone line for customers over the age of 70 and NHS workers as it deals with a spike in calls from concerned customers.

01 April 2020

Company announcement/payments

Royal Bank of Scotland releases first polymer £20 note

The note, which features the image of historic Scottish entrepreneur Kate Cranston, is the bank’s first new £20 in 23 years and the first Scottish note of its denomination to feature a woman other than the Queen on its face.

06 March 2020

News/retail

Monzo and RBS to allow customers to monitor credit score for free

UK banks Monzo and RBS are to enable customers to check their approval ratings for loan applications by looking up their credit score for free through the mobile banking app.

28 February 2020

News

Bailed-out RBS to rebrand as NatWest

Royal Bank of Scotland is calling time on its recent checkered past, rebranding as NatWest and setting out new goals to become a 'purpose-led bank' focused on enterprise, learning and climate.

14 February 2020

News

Bó chief to leave RBS - Sky News

The chief executive of Royal Bank of Scotland's recently launched digital offshoot Bó is leaving the firm, according to Sky News.

21 January 2020

News/security

Banks currency services knocked out by Travelex ransomware attack

Several of the UK's largest banks have been forced to stop offering customers foreign currency services as a result of the ransomware attack on Travelex.

10 January 2020

News

NatWest and RBS down, infuriating Black Friday online shoppers

With Black Friday sales underway, bargain-hunting customers of RBS and NatWest have been frustrated by a spate of online and mobile crashes disabling access to accounts.

29 November 2019