Non-cash payments volumes are expected to increase by nearly 10% percent to reach 366 billion transactions in 2013, fueled by strong growth in developing markets and mobile payments, according to the 10th annual World Payments Report from Capgemini and Royal Bank of Scotland (RBS).
NatWest and RBS are to open a network of eight new business accelerator hubs offering free workspace, hands on mentoring, a start up 'bootcamp' and a free programme of up to 18-months of advice, support and funding clinics for budding entrepreneurs.
MSCI Inc. (MSCI), a leading provider of investment decision support tools worldwide, announced today that following a rigorous selection process RBS (Luxembourg) S.A (“RBSL”), has chosen MSCI as its vendor for regulatory risk reporting.
The Royal Bank of Scotland has reached a settlement that lets it use critical trade finance software from vendor Complex Systems that a US judge had banned it from over copyright infringement.
Deutsche Bank has raided Goldman Sachs and Royal Bank of Scotland to bring in two senior technology and operations executives.
Mobile and internet banking is now being used for transactions worth nearly £1 billion a day in the UK, hastening the decline of the traditional bank branch, according to new data from the British Bankers Association.
The Royal Bank of Scotland is to spend over £1 billion over the next three years to rebuild its retail banking business, with investment in digital channels as the primary focus.
EquiLend has appointed Iain Mackay as Product Owner, Post-Trade Services, effective immediately. He is based in London.
The UK will get a new payments regulator next year, while the industry is busy working on its own 'roadmap'. Finextra spoke to key players from both sides about how they will work with each other.
Teresa Connors, director, market engagement at RBS explains how banks can differentiate themselves as payments rails become standardised, how they aren't all the same and what exactly it is that the client wants.
© Finextra Research 2014