NatWest

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

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...

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

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...

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

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...

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Metro Bank Secures $1.1 Billion From Investors
Metro Bank Secures $1.1 Billion From Investors
October 08, 2023  |  Banking

England’s Metro Bank has reportedly secured $1.1 billion from investors following a rocky week. As Bloomberg News reported Sunday (Oct. 8), the funding package is comprised of a...

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NatWest Launches Incentives for New and Expanded Business Accounts
NatWest Launches Incentives for New and Expanded Business Accounts
June 27, 2023  |  B2B Payments

NatWest is offering incentives to businesses in the United Kingdom that switch their accounts to the bank. The U.K. bank is offering 24 months of free...

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Europe’s Lenders See ‘Bank Walk’ as Consumers Pull Savings
Europe’s Lenders See ‘Bank Walk’ as Consumers Pull Savings
May 04, 2023  |  Banking

European consumers are reportedly pulling their savings from bank accounts as they seek better deals. As Reuters reported Thursday (May 4), this phenomenon has emerged as some...

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Crypto Companies Crunched by Cautious UK Banks
Crypto Companies Crunched by Cautious UK Banks
April 02, 2023  |  Cryptocurrency

U.K. Prime Minister Rishi Sunak’s cryptocurrency plans have reportedly hit some snags. As Bloomberg News reported Sunday (April 2), crypto companies were already dealing with...

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NatWest Group and OneID Launch Embedded Digital ID Service
NatWest Group and OneID Launch Embedded Digital ID Service
March 20, 2023  |  Digital Identity

NatWest Group and OneID have partnered to launch a new digital ID service for businesses. The collaboration between the British banking and insurance company and...

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Fines, Interest Rate Hike Set 2023 Tone as UK Big Four Cap Year
Fines, Interest Rate Hike Set 2023 Tone as UK Big Four Cap Year
February 22, 2023  |  Banking

In this report, PYMNTS takes a look at the 2022 full-year performance of the U.K.’s “Big Four” banks — Barclays, HSBC, Lloyds and NatWest. Barclays...

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