Started using RBS for parts of my banking, having a few standing order bug bears compared to the fintech experience. Setup online only, wanted to amend it can’t for 24h, and it won’t go out on a weekend…
From the in-app roadmap, it looks like they plan to allow you to use it for everything.
I’m really not the biggest fan of card readers myself, but they do serve a useful purpose as an easy (and low-tech) way to do proper 2 factor authentication. I would like the app as an alternative, but people without smartphones need something like card readers.
Yeah it’s a laugh, especially when you consider what is fintech and realise most of it has been made first by big banks. Starling and others have done a great job on an app, and a great job in refining specific areas of banking. But who came out with faster payments? Contactless? Paym? Who’s working on biometric credit/debit cards? Not starling.
Don’t get me wrong, lots of great stuff and I think they’ve helped push banking in certain areas. But they’re all just banks at the end of the day. Maybe one of those private banks that has no real app you could actually call ‘legacy’
Those biometric cards btw, anyone know what’s happening with them? NatWest we’re trialing them out the past couple years