Tags Natwest

Tag: Natwest

Tink, Cogo team to offer NatWest customers personalised carbon tracking

Open banking platform Tink has partnered with Green FinTech Cogo to provide NatWest customers with personalised carbon footprint tracking services.

The five biggest compliance failure fines of 2021

As another challenging year comes to an end, the task for organisations to remain compliant in new working environments is still ongoing. Despite firm efforts by many to avoid penalties, some institutions were unable to duck fines last year. Here are the top five compliance failure fines from the year of 2021.

FCA slaps HSBC with £63.9m fine for AML failings

The Financial Conduct Authority (FCA) has fined HSBC Bank £63,946,800 for failings related to its anti-money laundering processes.

NatWest hit with first criminal charge pursued by FCA

National Westminster Bank (NatWest) has been fined £264m for three accounts of money laundering failures.

NatWest could face £340m fine following money laundering neglect

NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.

NatWest unveils carbon footprint feature aimed at tracking user climate impact

NatWest has launched a new carbon footprint tracking feature for its app users to help customers lower the climate impact of their spending.

Banking quartet team to launch carbon offset marketplace

Natwest, the Canadian Imperial Bank of Commerce, ITAU and the National Australia Bank have joined forces to create a new marketplace for firms to buy and sell carbon offsets.

NatWest lets customers set transfer limits to reduce payment scam damage

NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.

NatWest to block cryptocurrency payments following earlier FCA warning

UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.

Natwest faces money laundering charges by FCA over cash deposits

The Financial Conduct Authority (FCA) has begun criminal proceedings against banking giant NatWest Group alleging that the company failed to follow anti-money-laundering regulations. The FCA...

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