Global non-cash payments volumes are expected to increase by nearly nine per cent in 2014, as massive emerging markets such as China and India begin to go electronic and mobile money takes off in developed countries, according to the latest annual World Payments Report from Capgemini and Royal Bank of Scotland.
From nanotechnology to beehives, eight firms have been selected to test their products as part of an innovation challenge by Royal Bank of Scotland for the regeneration of its Gogarburn headquarters in Edinburgh.
Nine of the world's largest banks are backing an initiative to create a set of global standards for the use of distributed ledger technology in financial markets.
Royal Bank of Scotland is the latest cash issuing bank to commit to the use of polymer bank notes rather than old school cotton paper.
Mphasis, a global technology company offering consulting, operations outsourcing and enterprise solutions, has signed a new master services agreement (MSA) with The Royal Bank of Scotland plc (RBS), to provide application management services.
As industry experts debate the future of the bank branch, RBS is shutting the doors on one site in Leicester city centre because it has a measly 17 customers.
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), the UK banking watchdog, has announced his resignation.
Royal Bank of Scotland is to invest a further £150 million a year to improve the resilience of its IT systems, in the wake of the latest breakdown which saw 600,000 transactions disappear from customer acounts.
Innovate UK has chosen five fintech startups to share a £175,000 prize pot and the opportunity to work with leading banks and government bodies to get their ideas off the ground.
Royal Bank of Scotland is scrambling to fix an IT glitch that caused over 600,000 transactions and hundreds of thousands of pounds in payments to go missing.
© Finextra Research 2015