PYMNTS
FEBRUARY 26, 2020
After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50 million from the RBS bailout fund, according to a report. Three banks – Metro, Starling and ClearBank – were collectively given £280 million from the RBS bailout fund last year.
NCR
MARCH 3, 2017
One of the big challenges facing large retail banks today is how best to manage their branch network. The growth in digital banking options is making it increasingly difficult for financial institutions to justify the cost of a large branch network, but there are many customers who still want face-to-face service from their bank.
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Bank Innovation
MAY 9, 2018
Not according to Raghu Rajah, vice president of digital banking, engineering and product management at […]. By reading the expression on a customer's face, the way another human would. Seems unbelievable, right?
Chris Skinner
MARCH 8, 2017
Seven years ago, the first new retail bank in almost a century got its licence to open: Metro Bank. Now, there are so many new banks starting up in Britain (and across Europe) that it’s sometimes hard to keep up with it all. Collectively, these startups have raised hundreds of millions of pounds. Something is happening.
PYMNTS
OCTOBER 21, 2019
Challenger banks in the U.K. While challengers such as Metro Bank, Santander and Monzo were expected to rival the dominance of the big four, they are failing to thrive. billion pounds) from the valuation of its business, while shares in Metro Bank fell 30 percent after it was forced to cancel a planned bond sale.
PYMNTS
NOVEMBER 20, 2020
Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and left customers scrambling to digitize their day-to-day lives as much as possible and as fast as possible. But others are changing tack.
Accenture
SEPTEMBER 22, 2019
In my frequent conversations with clients across the UK and Irish banking industry, one of today’s hottest topics is the rise of the challenger banks such as CYBG, Metro and AIB UK, and particularly the neo-challenger banks providing digital-only services, like Monzo, Atom and Starling.
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