Bó (Natwest/RBS challenger brand) chat

Are they planning to keep the brand/colours but just transition to the food industry :crazy_face:

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The Telegraph slagging off Fintech ?

Faints clean away in surprise

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So the RBS Group is to rebrand as NatWest, presumably in an attempt to finally shake off the legacy of the credit crunch in 2008.

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Be interesting to see how Bo fits in with the plans of the new management

Looks like the CEO of the business bank, Mettle, is also going to be the CEO of Bo bank. Doesn’t sound like an overly wise move imo, if your venture is lacking in direction and clear leadership, don’t give it to someone who already has a venture to oversee already (especially one as young as Mettle).

I suspect RBS have made another false move here and the Bo experiment will be formally shut in a year or so.

Just looking quickly at Mettle, nothing they do is revolutionary, and I can’t see any of that tech giving Bo a competitive advantage against the current competition.

I got an email saying they was sending me out a new card

I just recieved my new card, it has the same long card number!?

I’ve a different CVV and a shorter expiry date but the card number is exactly the same…

I think security wise it’s pretty poor as to activate my card I was asked for the last four card digits WHICH WERE THE SAME AS THE OLD CARD!?

Also I’ve just realised that with the card number being the same you’d have to guess/try to remever where you have and haven’t updated the card online as most places only show the last four digits of the card.

Having the same card number is pretty standard.

CVVs shouldn’t be being stored by merchants but you would need to update expiry (it depends on how fussy they want to be in the check).

I wouldn’t worry too much, can’t be too much longer before they shut the bó project down. :joy:

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For years, so long as you knew the first four characters for Switch - not a secret - you could construct the long card number for the HSBC debit cards using the sort code and account number, which were also helpfully written on the card

I ended up with the same long card number for maybe fifteen years

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The first six should be the banks bin with the starting 5 (or 2) meaning mastercard, 4 for Visa.

So Monzo cards should start…

5355 22

The next 9 references your account.

The last digit is a checksum to make sure the other numbers are valid.

This bin caught out Rufus Leonard last year with an idea to Halifax.

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Was it lost or stolen?

If it was just broken then there’s no issue with having the same number.

No due to security update they replaced the cards got mine today also, doesn’t look any different :joy:

Only difference I can see is that there’s no signature strip any more.

I wonder if they’re just trialling it with Bo before pushing it to the whole of natwest

Forgot they existed :joy: never really look at the back of a card anymore :joy:

No, just some of the code on the card needed to be changed/updated. I’ve never had the same card number before so didn’t know this was standard practice with some banks?

I do still find that asking for the only number on the card that’s stayed the same to activate the new card a bit weird, why not ask for the new CVV instead?

It’s not that common from my experience but it does happen.

Activating by last 4 digits is an oversight I guess.

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This is embarrassing!

Monzo don’t actually have to be that good to beat the competition right now hey?

I believe that’s what the founder of Addison Lee thought when he started the minicab firm. He found the level of service to be so abysmally poor that he figured he wouldn’t struggle to do a better job himself. Fast forward a while and he’s sitting pretty sweet, especially after that London 2012 Olympic contract. Good on him too!

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The same Addison Lee that recently had to renegotiate it’s debt?

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Lol, I didn’t know that

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