In a move to bolster its position to meet regulatory compliance mandates, Nationwide Building Society, one of Britain's largest retail financial services firms has deployed a product from ClusterSeven, an international provider of strategic spreadsheet risk and data management software for financial institutions and Fortune 500 financial reporting divisions.
Unisys, the worldwide technology and solutions company, today announced the successful migration of Nationwide Building Society's cheque processing function. This represents a key milestone in the seven-year business process outsourcing (BPO) engagement that Nationwide awarded to Unisys in December 2007.
Hundreds of people flocked to a Nationwide Building Society cash machine in Manchester yesterday after it started dispensing twice the amount of money requested.
The UK's Nationwide Building Society is implementing technology from Nomis Solutions in a move it says will help it extend credit to more customers by improving the pricing practices of its personal loans business.
As consumers spread their savings to benefit from the £50,000 protection from the Financial Services Compensation Scheme, new research has found that increasing numbers are applying online and there is a huge difference between the services offered by providers.
Visa is to develop a bespoke version of its Better Money Skills financial education Website for the UK's Nationwide, as banks adjust their strategies for an economic downturn and seek to deploy online tools that can help customers suffering financial hardship.
The UK's Nationwide Building Society is preparing to launch a direct banking operation in the Irish Republic.
The UK's Nationwide Building Society is outsourcing the management of its networked IT services to BT under a seven year, £160 million deal.
The UK's faster payments service, designed to provide customers with near real-time transfer of phone, Internet and standing order payment instructions - has finally gone live.
Nationwide reaffirms commitment to UK call centres by opening a new centre in Swindon Nationwide Building Society has opened a new call centre in Swindon, further illustrating the Society's commitment to keeping its call centres based in the UK.
© Finextra Research 2015