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HSBC Bank and RBS Groups on Launching New Digital Banking Platfo
HSBC Bank and RBS Groups on Launching New Digital Banking Platfo
By Financebroker
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Nov 12, 2019
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Nov 12, 2019
Recently, British banking big names HSBC and RBS indicated they have launched new digital banking platforms.
The launch happened after a competition for digitally savvy customers steps up in the face of a wave of online startups.
Last Monday, HSBC has also rolled out a new app-based business banking service. This service was previously known as “Project Iceberg.”
Currently, it is now labeled as “HSBC Kinetic.”
Meanwhile, RBS is placing the finishing touches to its latest digital bank called Bo ahead of a public roll-out later this month.
Moreover, Bo has already arranged a public launch this month from offices in London’s West End.
The Bo app is to urge customers to have a financial plan and save better. This plan will also alert if you have made some overspending.
There is a target of 16.8 million Britons with less than 100 pounds ($128) of savings.
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