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RBS

Welcome to the News View for "RBS".

Here, on these archive pages, you'll find all of the articles on Payments News for RBS listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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December 13, 2013

Headline News from PaymentsNews.com - December 13, 2013

In addition to tracking the daily news of the payments world here on PaymentsNews.com, we can also provide you and your organization with monthly and quarterly market scans - contact me to learn more about this unique service customized to your special needs. For example, how are you thinking about the implications of Bitcoin and other virtual currencies on your business?

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December 03, 2013

Headline News from PaymentsNews.com - December 3, 2013

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November 06, 2013

Headline News from PaymentsNews.com - November 6, 2013

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  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join Glenbrook's Carol Coye Benson and Scott Loftesness for our Glenbrook Payments Boot Camp on December 10-11th in Palo Alto, California!
  • Glenbrook's Jacqueline Chilton will be speaking social media and payments at the W.net Northern California LINC Networking event being held November 14 at Google.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

September 25, 2013

Headline News from PaymentsNews.com - September 25, 2013

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  • Join us for our new series of Glenbrook Payments Boot Camps coming this October - 8th/9th in the San Francisco Bay Area and 23rd/24th in New York City!
  • Glenbrook's Allen Weinberg and Erin McCune will be at Money2020 in Las Vegas October 6-10 - please reach out to them directly to catch up in person or set up a briefing at the conference. Erin will be moderating an Invoicing, Billing & Collections panel with Bill.com CEO Rene Lacerte, Billtrust CEO Flint Lane and Billhighway Chairman Vince Thomas.
  • Glenbrook's Elizabeth McQuerry will be speaking at this year's NACHA Global Payments Forum on October 17-18 in New York City. She'll be speaking on the topic "Mobile Payments, Interoperability & Faster Funds Transfer".
  • Glenbrook's Carol Coye Benson will be speaking at this year's American Bankers Association Annual Convention on October 20-22 in New Orleans. She'll be participating in a panel discussion on The Future of the Payments Industry.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

October 09, 2012

World Payments Report 2012

Rbs logo 140x60pxDebit cards continue to gain global market share from credit cards, and the use of electronic and mobile payments continues to show exponential growth concludes the World Payments Report 2012 released by Capgemini, RBS, and Efma.

“Debit card transactions continue to take market share from other types of payment methods because they easily allow people to bypass the use of cash,” said Kevin Brown, Global Head, Transaction Services Product, International Banking, RBS. “As more and more consumers move to mobile and other electronic payments, we’ll continue to see the exponential growth of innovative payment solutions.”

The World Payments Report 2012 also highlights that Brazil now the third largest non-cash market in the world after the US and the Eurozone.

November 03, 2009

Royal Bank of Scotland to Divest Global Merchant Services Unit

As part of its agreement with the UK government announced today, the Royal Bank of Scotland has agreed to participation in a revised Asset Protection Scheme that, among many other conditions, requires RBS to divest itself of several businesses over the next four years including its Global Merchant Services unit. According to RBS, its Global Merchant Services unit "is the fourth largest provider of global card payment services, enabling over 5 billion card transactions to be made each year. It meets the rapidly changing and increasingly sophisticated needs of clients to accept card payments on a global, efficient and secure basis."

July 15, 2009

O2, NatWest Launch O2 Money in UK

O2_logo-140px.jpgO2 has announced it has partnered with NatWest to launch of O2 Money, a new business within O2 that the company says 'will seek to advance the increasing synergies between mobile and money. The first products from O2 Money, supported by NatWest, are two cash cards, designed to give people greater control of their money." READ MORE »

April 06, 2009

UK Card Awards 2009 - PayPal/RBOS Win Best New Prepaid Product

PayPal and The Royal Bank of Scotland have won the ‘Best New Prepaid Card Product of the Year’ at Card Awards 2009 for their PayPal Top Up product, which is processed by global payments services provider, TSYS. READ MORE »

December 22, 2008

Monitise, Natwest Launch Mobile Money Transfers

Monitise and NatWest have announced a commission-free international mobile phone payment transfer service between the bank's customers’ current accounts in the UK and their PKO BP accounts in Poland. READ MORE »

September 17, 2008

RBS to Issue Visa Debit Cards in US and UK

In an article titled "RBS Switches to Visa for Its Debit Cards", Robin Sidel reports for the Wall St. Journal that, beginning in mid-2009, Royal Bank of Scotland Group is switching its debit card issuance from MasterCard to Visa in both the US and the UK.

August 01, 2008

PayPal Launches Top-Up Prepaid Visa Card in UK

In the UK, PayPal has announced the launch of a new prepaid top up card, the PayPal Top Up card - a reloadable VISA card and that PayPal says can be used almost anywhere the VISA symbol is displayed. PayPal says the card "gives people control over their spending, allowing them to pay as they go. It’s also ideal for consumers who do not have credit or debit cards, and want some way to spend their cash online." The Royal Bank of Scotland has partnered with PayPal and acts as the PayPal Top Up Card issuer. READ MORE »

July 31, 2008

Tesco Takes Over Financial Services Portfolio from RBS

In the UK, Tesco has announced that it has reached an agreement with The Royal Bank of Scotland to buy from RBS its 50% shareholding in Tesco Personal Finance Group Limited for £950 million. Tesco says it "will enable Tesco over time to extend its financial services business from a collection of popular financial products to that of a full service retail bank offering more choice, innovation and value to customers, and better returns to shareholders." READ MORE »

April 18, 2008

Payments Professionals Management Changes

We have received news of the following recent management changes:

  • Roy Vella has been named Director of Mobile at the Royal Bank of Scotland Group leading RBS' global efforts in pursuit of opportunities at the intersection of mobile telephony and financial services. Vella spent the past five years with PayPal - most recently as PayPal's Head of Mobile Payments in Europe.

Announce yourself! Have you recently taken on a new position in the payments industry? If you'd like to share the news with your colleagues, be sure to tell us about it. Are you looking for a new payments-related job? Or are you needing to find someone great? Checkout the Payments Jobs job board.

April 15, 2008

RBS Implements MasterCard's InControl Platform

The Royal Bank of Scotland (RBS) and MasterCard Worldwide have announced 'they have joined forces and implemented MasterCard's state-of-the-art payment platform, MasterCard inControl' with RBS marketing it as 'Approval-to-Buy' to its UK corporate banking customers. READ MORE »

May 08, 2007

January 04, 2007

Royal Bank of Scotland Announces New Mobile Banking Service

No, it's not what you think. I had to smile as I read the press release announcing that "The Royal Bank of Scotland (RBS) has announced plans to launch a new mobile banking service in Yorkshire, operating from York and running five days a week. The new mobile service will provide banking to around twenty Yorkshire communities and the service will start in February 2007." These are banks on wheels, not banks on your mobile phones.

READ MORE »

September 01, 2006

RBS Drops Convenience Cheques In The UK

The Guardian reports on a decision by RBS to abandon providing its cardholders credit card cheques (aka as "convenience cheques"). In the UK, pressure has been building against the banks as regulators and consumer groups have been challenging the practice while the banks claim they provide the cheques for their cardholders' benefit. According to one industry analyst, the cheques "cost more than using your card, you don't get an interest-free period even if you pay off the balance immediately, and you don't get the same protection as when you use your card."

June 26, 2004

RBS to Lend through Coffee Shops in Germany

The Financial Times reports on plans by the Royal Bank of Scotland's Comfort Cards division to expand its consumer lending presence in Germany through a partnership with Tchibo.

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