The Royal Bank of Scotland (RBS) is to spend more than £300m on a new IT system as it prepares to sell off 314 branches under the Williams & Glyn's moniker. RBS is reviving the Williams & Glyn's name after 30 years, with the ...
Tags: Computer Products, software
The IT glitch that caused delays to flight across southern England today - especially into and out of the main London airports at Heathrow and Gatwick - has been fixed, claims NATS (formerly National Air Traffic Services), the UK's air ...
Tags: Computer Products, software
Nationwide Building Society has been hit by an IT glitch, with many of its customers flocking to social network Twitter to show their frustration. Chelsey Strode tweeted "thanks Nationwide for being a massive inconvenience", while Chloe ...
Tags: Computer Products, software
The Co-operative Bank could write-down up to £200m of IT investments if it finalises a proposed acquisition of 632 Lloyds Banking Group (LBG) branches. The Co-op Bank's annual profits could be impacted significantly if its ...
Major high street banks are planning to impose new terms and conditions on customers that would make them squarely responsible for credit and debit card fraud. Further reading Seven-year glitch earns Bank of Scotland 4.2m fine Banks' IT ...
Tags: high street banks, finance, software, computing
The UK's financial services sector needs urgent investment in its IT infrastructure in order to identify and mitigate systemic risks,according to a report by the trade association for the UK technology sector,Intellect. In its Biting the ...
Tags: Banks, IT infrastructure, financial system, RBS
The IT glitch that affected NatWest,Ulster Bank and Royal Bank of Scotland(RBS)will cost the RBS Group£125m,the firm has revealed. In its half-year report,RBS said that it had to provision£125m for"costs arising from the ...
Tags: RBS, IT glitch, Ulster Bank, NatWest