I’m sure I saw that a legacy bank as created a E Money Card does any one know who and what it’s called
Chase (at least the UK version)?
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Na it was a different bank I just can’t remeber the name lol
HSBC created first direct
NatWest Group created Bo, but it is now extinct.
HSBC created Zing
HSBC had something to do with Monese
Co-op Bank created smile
NatWest Group created Mettle (Business Banking)
Lloyds Banking Group created mbna
Geez where do we start.
NatWest created bo but that closed down
Barclays created ping it but the same
Then basically most of them decided they’d rather just update what they already had. NatWest, RBS, HSBC et al.
Chase is the only one I can think of recently who have distinctly bought a new consumer account to market.
In the business space slightly different but to help identify that’d need more of what you think you’ve saw.
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Not strictly true. Midland bank existed from the 1800s to the early 1990s. . In the late 1980s they decided to create First Direct. HSBC acquired Midland Bank in 1992 which included FD.
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It was zing thank you lol I’m just trying to find out if there any good to use abroad
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Zing isn’t really a challenger bank. It’s more sort of a place to hold and spend multiple currencies. Despite being backed by HSBC, it’s still an E-Money Provider, and lacks any sort of FSCS compensation were something to happen to zing.
Glad you were able to find what you were looking for nonetheless.
Starling, Monzo, Chase UK, and first direct all have fee-free international spending, without you having to get a multi-currency account.
Revolut is also a good alternative to Zing, and is soon to get their UK Banking License finalised.
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Best thread ever.
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Never knew this. I knew it was created in ~1990, but didn’t realise that Midland Bank didn’t get bought up until much later.
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Yes. Midland bank was until HSBC came along in the early 1990s. I realise that’s well before some peoples time (technically even for me since I didn’t get a bank account till the late 90s) but Wikipedia is a great source.
Sidenote: When Midland launched First Direct in the 1980s it was very much seen as challenger and arguably was the very first FinTech in that it was the first (I think!) to do all banking via phone and no branches.
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Yes and the first open 24/7/365. I tried them to see if it was true and set up a standing order on Christmas day.
It was a revolution in banking service at the time.
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Actually and sorry to be a pedant but there are a few more inaccuracies in this.
You’re right to say HSBC had something to do with Monese. They invested in them, and pulled this around about the time they invested in Zing instead. HSBC didn’t create Zing though.
MBNA stands for Maryland National Bank. American by nature Lloyds eventually acquired them but didn’t create them.
The same with Mettle. They’re essentially separate to NatWest but they are main sponsors. Mettle are an EMI and technically distinct.
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Oh ok. Still nice that its backed by a big bank.
I haven’t done any research on them. All I know is that they exist lol.
Same as above. I only know that they exist. Interesting that they’re not actually owned by NatWest. In the several adverts I’ve seen they’ve definitely advertised NatWest as part of it.
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OP should have the ability to start threads taken away!
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And that’s fair enough. But Statements such as x created y need in my opinion to be factual.
Google is your friend 
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Has been mentioned to me multiple times 
Probably should start listening.
Ye, looking back, I should have just put X owns Y. At least OP found what they were looking for.
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FD was the ‘challenger’ that first piqued my interest in banking. I had a Midland Orchard account at the time.
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Lloyds just bought the UK division - the US side had been folded into parent Bank of America and the Canadian part is now separately owned by TD.
If we want to mention other UK bank sub-brands, in the late 90s Halifax started Intelligent Finance, Prudential launched egg, and more recently, Clydesdale Bank started B - which was the basis for the current Virgin Money.
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Anyone remember Intelligent Finance? IF.com - that was mine.