This morning, millions of customers across the UK were left unable to access their accounts as two major banking apps—NatWest and The Royal Bank of Scotland (RBS)—went down. Users reported...
Category: Finance
Bank of Baroda Embraces ‘Make in India’ Switches to Modernize Banking Infrastructure
In a major stride towards digital transformation, Bank of Baroda (BoB), India’s second-largest public sector bank, has successfully upgraded its banking infrastructure across 1,600+ branches. This upgrade, in alignment with...
Red Flags on Your Bank Statement That Could Concern Banks
When applying for a mortgage or moving home, your bank statement might hold clues that could raise concerns with lenders. Mortgage advisor Angela Little, known for her insights as “A...
NatWest, RBS, and Ulster Bank Experience Major Outage, Leaving Brits Without Access to Mobile Banking
Thousands of customers across the UK were unable to access their money after major web outages at NatWest, Royal Bank of Scotland (RBS), and Ulster Bank. The issue, which affected...
Should Banks Charge Fees for Accessing Customer Data?
As the government develops a Consumer Data Right (CDR) regime, a key question arises: should banks be allowed to charge fees for those accessing their customers’ data? This debate is...
Integris Reveals Top IT Trends for US Banks in 2025
IT managed service provider (MSP) Integris has released its latest report, “Understanding US Banks’ Annual IT Spend in 2025,” highlighting key trends and strategic priorities for the banking sector. The...
Backbase and Middesk Partner to Enhance KYB Verification for Banks and Credit Unions
Backbase, a leading provider of engagement banking platforms, has announced a strategic partnership with Middesk, a business identity platform, to enhance Know-Your-Business (KYB) verification for banks and credit unions. This...
UK Banks Given Extra Three Days to Delay Payments in Effort to Beat Scams
In a significant move to combat fraud, UK banks have been granted new powers to delay payments by up to three days to investigate suspicious transactions. This decision, announced by...
Are Financial Wellness Products Window Dressing for Banks?
Financial wellness products have become a buzzword in the banking industry, with many institutions touting their benefits to attract and retain customers. However, a closer look reveals that these products...
British Business Investments Announces £15m Increase to Facility with Liberty Leasing
British Business Investments has announced a £15 million increase to its existing facility with Liberty Leasing, bringing the total commitment to £30 million. This strategic move aims to enhance access...