22 September 2017
Find out more

RBS to bring Silicon Valley to Edinburgh

17 August 2017  |  14460 views  |  0 RBS HQ

Royal Bank of Scotland is inviting tech entrepreneurs from across the world to its Edinburgh HQ to discuss the latest trends in technology and mingle with local fintech entrepreneurs, customers and bank staff at an event dubbed Disrupt 17.

The full-day event will hear from tech leaders and host speakers including Singularity University, the influential Silicon Valley think tank and RocketSpace, the tech incubator that helped the likes of Spotify and Uber get off the ground.

Simon McNamara, chief administrative officer of Royal Bank of Scotland says: “It’s vital that we continue to build relationships with innovative tech firms from around the world, so that we can make the very best technology available for our customers. This event brings partners, customers and colleagues together to help us do just that. This is also a great opportunity for Scotland’s burgeoning Fintech community to build new relationships with global tech entrepreneurs and help boost our economy in the long run.”

The show follows the recent establishment of a technology and innovation committee at the Scottish bank and a fintech hub at its Gogarburn HQ offices.

The bank has an extensive scouting network for new tech-led initiatives, which takes in the UK, US and Israel and recently introduced Facebook at Work to its employees, deployed AI to help answer customer queries and biometric technology to crack down on fraud.

Yet for all the digital dazzle, RBS is still struggling to reshape its legacy core technology estate after years of neglect and in the wake of its Government-backed bailout in 2008. The promotion of Disrupt 17 comes just days after the bank announced that it is planning to cut nearly 900 technology jobs in London by 2020. In 2016, the majority state-owned bank employed 2200 IT staff in London but by 2020 there will be just 950 full timers, labour union Unite says.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

RBS to cut 880 London IT jobs - union

RBS to cut 880 London IT jobs - union

15 August 2017  |  5168 views  |  0 comments | 5 tweets | 9 linkedin
RBS to spend £885 million on promoting new entrants to resolve state aid obligations

RBS to spend £885 million on promoting new entrants to resolve state aid obligations

27 July 2017  |  8689 views  |  0 comments | 12 tweets | 9 linkedin
NatWest and RBS roll out automated lending process for commercial real estate deals

NatWest and RBS roll out automated lending process for commercial real estate deals

11 May 2017  |  7254 views  |  0 comments | 8 tweets | 12 linkedin
RBS cuts hundreds of UK tech jobs

RBS cuts hundreds of UK tech jobs

10 May 2017  |  5342 views  |  6 comments | 4 tweets | 8 linkedin
RBS gives AI a helping hand with 'hybrid bots'

RBS gives AI a helping hand with 'hybrid bots'

04 May 2017  |  10951 views  |  0 comments | 23 tweets | 10 linkedin
RBS to close 158 branches

RBS to close 158 branches

23 March 2017  |  6637 views  |  2 comments | 11 tweets | 14 linkedin
RBS looks for digital salvation after posting ninth successive loss

RBS looks for digital salvation after posting ninth successive loss

24 February 2017  |  9267 views  |  3 comments | 16 tweets | 7 linkedin
NatWest and RBS to put digital experts in every branch

NatWest and RBS to put digital experts in every branch

22 February 2017  |  6398 views  |  0 comments | 7 tweets | 8 linkedin
Royal Bank of Scotland opens Edinburgh HQ to fintech startups

Royal Bank of Scotland opens Edinburgh HQ to fintech startups

13 February 2017  |  10162 views  |  0 comments | 14 tweets | 6 linkedin
RBS scraps W&G carve out; writes off £345 million spend on spin off

RBS scraps W&G carve out; writes off £345 million spend on spin off

05 August 2016  |  10039 views  |  0 comments | 9 tweets | 10 linkedin
RBS takes the axe to back office and IT staff

RBS takes the axe to back office and IT staff

21 June 2016  |  6348 views  |  0 comments | 9 tweets | 7 linkedin
RBS to cut 550 jobs in preparation for robot revolution

RBS to cut 550 jobs in preparation for robot revolution

14 March 2016  |  9921 views  |  3 comments | 23 tweets | 17 linkedin
RBS creates 'Open Experience' centre at Scottish HQ

RBS creates 'Open Experience' centre at Scottish HQ

09 March 2016  |  6890 views  |  0 comments | 10 tweets | 5 linkedin
Meet Luvo, Royal Bank of Scotland's new virtual assistant

Meet Luvo, Royal Bank of Scotland's new virtual assistant

04 March 2016  |  10630 views  |  0 comments | 14 tweets | 20 linkedin
RBS prepares to open executive wing to startups

RBS prepares to open executive wing to startups

11 February 2016  |  7884 views  |  1 comments | 16 tweets | 13 linkedin
Royal Bank of Scotland to connect all staff to Facebook at Work

Royal Bank of Scotland to connect all staff to Facebook at Work

26 October 2015  |  7784 views  |  0 comments | 9 tweets | 13 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.temenos.comdownload the paper nowvisit www.capgemini.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
12471 views comments | 26 tweets | 42 linkedin
Equifax hack: Visa and Mastercard flag 200k compromised credit cardsEquifax hack: Visa and Mastercard flag 200...
10949 views comments | 6 tweets | 17 linkedin
Dutch bank sentences teenage DDoS culprit to community serviceDutch bank sentences teenage DDoS culprit...
9525 views comments | 6 tweets | 3 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8146 views comments | 18 tweets | 26 linkedin
UAE banks pool cyber security dataUAE banks pool cyber security data
8111 views comments | 5 tweets | 4 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job