Royal Bank of Scotland

397 results about this entity

Period: 23 Oct 2006 - 13 Apr 2023

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RBS cheque system scuppered by EDS mainframe failure

RBS cheque system scuppered by EDS mainframe failure

The Royal Bank of Scotland's cheque clearing system fell over this week after a massive mainframe failure at HP Enterprise Services (formally EDS).

Advent prepping £3 billion bid for RBS payment business - The Times

Advent prepping £3 billion bid for RBS payment business - The Times

Advent International has made an informal offer to buy Royal Bank of Scotland's global payment processing business in a deal that could value it at up to £3 billion, according to a report in the Times

CME to launch CDS clearing house with support of eight major dealers

CME to launch CDS clearing house with support of eight major dealers

After months of wrangling, The Chicago Mercantile Exchange has finally secured agreement with eight leading dealers to participate in its credit default swaps counterparty clearing initiative.

Voice Commerce wins Payment Institution license from the FSA

Voice Commerce wins Payment Institution license from the FSA

Voice Commerce, the UK-based biometric payment verification group established by former RBS WorldPay founder Nick Ogden, has received authorisation from the Financial Services Authority to establish as a Payment Institution under the European Payment Services Directive (PSD).

US indicts eight over RBS WorldPay ATM heist

US indicts eight over RBS WorldPay ATM heist

A US federal grand jury has indicted eight Eastern Europeans in connection with a crime ring accused of hacking into the computer network of RBS WorldPay, creating counterfeit debit cards and withdrawing over $9 million in 12 hours from ATMs around the world.

Payments stakeholders push for XML clarity in the corporate-to-bank space

Payments stakeholders push for XML clarity in the corporate-to-bank space

Banking network Swift is working with a consortium of major financial institutions, corporations and technology vendors to develop a set of common standards for the implementation of ISO20022 messages in the corporate-to-bank space.

WorldPay founder moves to buy business back from RBS

WorldPay founder moves to buy business back from RBS

The founder of online payments operator WorldPay, Nick Ogden, has formally approached the Royal Bank of Scotland about buying the business back.

Direct Line and Intelligent Finance on the block in UK banking shake-up

Direct Line and Intelligent Finance on the block in UK banking shake-up

The shake-up in UK financial services resulting from the state-backed bail out of Royal Bank of Scotland and Lloyds Banking Group will see the sale of telephone insurance operation Direct Line and Internet bank Intelligent Finance and a wholesale restructuring of the UK's branch banking network.

RBS WorldPay rolls out contactless payments on Liverpool bus network

RBS WorldPay rolls out contactless payments on Liverpool bus network

RBS WorldPay has introduced contactless payments for transit passengers on a number of buses in the Liverpool Stagecoach network.

Royal Bank of Scotland set for £6 billion technology splurge

Royal Bank of Scotland set for £6 billion technology splurge

Royal Bank of Scotland CEO Stephen Hester has pledged to spend some £6 billion on technology and marketing over the next five years as he bids to revive the fortunes of the distressed UK bank.

Dealers to accelerate central clearing of OTC trades

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.

China emerges as a growth market for non-cash payments

China emerges as a growth market for non-cash payments

China is fast catching up with the US and Europe as a growth market for non-cash transactions, according to the latest edition of the annual World Payments Report from The Royal Bank of Scotland, Capgemini and Efma.

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