Coutts CEO lands top job in Natwest wealth shake-up
NatWest is moving its range of wealth and banking divisions under the watchful eye of Coutts CEO Peter Flavel. Flavel will become Chief Executive of divisions under the NatWest umbrella including Adam & Co, Holt’s, Drummonds, PCAIS Premier Banking and Premier 24, along with Coutts.
JPMorgan Chase planning to launch digital bank in UK next year
Rumour has it, JPMorgan Chase is looking to launch a digital bank in the UK in Q1 of 2021. According to Sky News, this move would put the bank in a position to capitalise on the growth of digital services amid the pandemic. This could be interesting…
The pandemic’s impact on public spending and cash
It’s certainly a weird time with everything constantly shifting and we’re learning as we go, so I’m trying to watch/listen/soak-up as much industry insight as possible – like this piece from Klarna UK and FinextraTV on how the pandemic has impacted public spending and a change in consumer behaviour. This interview with Cardtronics’ (that’s the UK’s largest ATM operator) Marc Terry is also worth a read and explores how the pandemic has impacted how we use cash.
Vanquis Bank begins using NatWest’s open banking payment solution Payit
UK credit card provider Vanquis Bank has announced the use of NatWest’s new open banking payment solution, Payit, within its mobile app, allowing Vanquis customers to make instant payments to their account without the use of a debit card.
“I’ve never seen a speed of change as much as now”
If you’re wondering how open banking is faring at the moment, Fintech Finance talks to Meniga’s Georg Ludviksson about how the financial industry has changed since its introduction and the state of play right now.