Bo news and trends

New EU Card Rules Could Confuse Customers
Regulation // February 07, 2020

The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to a report in the Telegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Monzo’s Cash Burn Sets Stage For Big Capital Raise In 2020
Digital Banking // December 29, 2019

As online banking continues rapidly evolving, ahead of another anticipated round of funding next year, digital challenger bank Monzo remains in discussions to secure as much as £100m in upcoming weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

RBS Takes On Challenger Banks With Launch Of Digital Banking App
Mobile Applications // November 27, 2019

The Royal Bank of Scotland (RBS) has created an app called Bó with the intention of helping people save money, as well as to compete with other online banking startups, like Starling or Monzo. Get the Full Story Complete the form to unlock this article...

Loot Founder To Become Bó Chief Product Officer
Banking // June 17, 2019

After financial startup Loot reportedly went into administration in May, Loot Founder Ollie Purdue is reportedly becoming a part of a digital bank being developed by RBS-owned Natwest called Bó. Purdue is said to lead product development for the brand and become chief product officer,...

Quick Reads
New EU Card Rules Could Confuse Customers

February 07, 2020
The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to a report in the Telegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]

Monzo’s Cash Burn Sets Stage For Big Capital Raise In 2020

December 29, 2019
As online banking continues rapidly evolving, ahead of another anticipated round of funding next year, digital challenger bank Monzo remains in discussions to secure as much as £100m in upcoming...

RBS Takes On Challenger Banks With Launch Of Digital Banking App

November 27, 2019
The Royal Bank of Scotland (RBS) has created an app called Bó with the intention of helping people save money, as well as to compete with other online banking startups,...

Loot Founder To Become Bó Chief Product Officer

June 17, 2019
After financial startup Loot reportedly went into administration in May, Loot Founder Ollie Purdue is reportedly becoming a part of a digital bank being developed by RBS-owned Natwest called Bó....