Date | Title | Description |
27.06.2025 | Will banks be able to escape a Reeves’ tax raid this Autumn? | As Rachel Reeves watches her fiscal headroom crumble with every Labour U-turn, the Chancellor may return to her budget mantra that those with the “broadest shoulders should bear the heavier burden”.
Lenders managed to skirt a tax raid in th... |
26.06.2025 | The Future of Home Ownership and Fintech: A Dual Path to Economic Growth | In the evolving landscape of finance and housing, two significant forces are at play: the Financial Conduct Authority (FCA) in the UK and the global fintech sector. Both are navigating the turbulent waters of economic recovery, aiming to bo... |
24.06.2025 | FCA reviewing bank risk appetite to boost home ownership | The Financial Conduct Authority has said it will review lenders’ risk-taking in its bid to boost home ownership.
The City watchdog said it was seeking a “public conversation” on the “future of the mortgage market” as it looks to support eco... |
20.06.2025 | Government borrowing surges in May to fund Labour’s spending | Government borrowing in May surged to £17.7bn, official data has shown, reflecting the government’s need for cash to fund Labour’s spending splurge.
This represented the second-highest May borrowing figure since records began more than 30 y... |
18.06.2025 | The Fintech Surge: A New Dawn for UK Innovation | The UK is at a crossroads. The government’s recent Spending Review, led by Chancellor Rachel Reeves, has set the stage for a fintech revolution. With a £16.5 billion budget for the Department for Science, Innovation and Technology (DSIT), t... |
18.06.2025 | St James’ Place: Labour’s dividend tax plans could backfire | Any attempt to yield more revenues through increasing the top rate of tax on dividends may backfire and instead dry up revenue streams, Chancellor Reeves has been warned, as investors look to this year’s Autumn Budget with a sense of dread.... |
17.06.2025 | Further job cuts needed to cope with tax raid, businesses warn | Businesses across Britain are planning another round of job cuts to deal with the pain of Rachel Reeves’ national insurance raid, laying bare the scale of the financial pressure wrought by the government’s £20bn tax hike after it came into ... |
16.06.2025 | High street banks ramp up SME lending to highest since 2022 | High street banks are scaling up their lending to small businesses, with the first quarter of 2022 hitting the highest amount since 2022.
Lenders issued £4.6bn worth of loans in the first three months of the year marking a 14 per cent year-... |
14.06.2025 | Was Reeves’ Spending Review a fintech endorsement? | Rachel Reeves has promised to back UK fintech and in Labour’s inaugural Spending Review, she piled billions into the tech sector.
The Chancellor handed the Department for Science, Innovation and Technology (DSIT) a hefty £16.5bn budget as s... |
12.06.2025 | The Rising Tide of Financial Scams: Navigating the Waters of Deceit | In the digital age, financial scams are like weeds in a garden—growing faster than we can pull them out. Recent reports reveal a staggering rise in fraud cases, with criminals pocketing over £1 billion in the UK alone in 2024. The numbers a... |
11.06.2025 | Mobile Scams are Now a Daily Threat for Nearly Half of All Users | Scams have become a daily threat for nearly half of all mobile users, new data from Malwarebytes reveals.
Their research from 1,300 mobile users across the globe details a world where mobile scams are no longer the exception, they are the r... |
11.06.2025 | How to spot a financial scam | Financial scams are on the rise. Here’s what to be aware of to make sure you don’t fall victim to one, and what to do if you or someone you know is scammed.
Criminals stole over £1bn through fraud in 2024, UK Finance’s latest fraud report h... |
28.05.2025 | Over £1 Billion Lost to Fraud in the UK Last Year | UK Finance has released its latest annual fraud report, detailing the amount its members reported as stolen through payment fraud in 2024.
There were 3.13 million confirmed cases of unauthorised fraud reported in 2024 (up 14% compared to 20... |
28.05.2025 | Fraud crackdown helps stop the rise of online scams | UK Finance’s latest annual fraud report revealed that criminals stole £1.17bn in 2024, a figure similar to the amount reported by the trade body last year, despite the growth of online scams.
The report noted that fraud losses through autho... |
22.05.2025 | The Red Tape Tango: Business and Government in Step for Growth | In the dance of economic growth, red tape often leads. It twirls and spins, entangling businesses in a web of regulations. But now, the UK government is calling for a new rhythm. The aim? To cut through the clutter and boost growth. However... |
21.05.2025 | Reeves warned against bank tax raid | Rachel Reeves has been warned of the growth consequences of upping tax on lenders after a leaked memo from Angela Rayner called for the Chancellor to launch a cash grab on banks.
Reeves was sent a memo by the Deputy Prime Minister ahead of ... |
21.05.2025 | The UK is a financial world leader, so why are our numeracy levels so poor? | Poor numeracy skills have real financial consequences. If the City is to remain a financial powerhouse, we must address the nation’s deteriorating maths, writes Andy Haldane on National Numeracy Day
Financial services is a numbers game. Suc... |
20.05.2025 | Reeves must provide ‘more stable’ tax policy, finance bosses say | Rachel Reeves is facing pressure to provide a “clearer, more stable tax environment,” when she delivers her growth strategy in July.
The Chancellor is once again in the spotlight after a damning report from finance bosses indicated the indu... |
17.05.2025 | Chancellor Rachel Reeves warned against slashing cash ISA allowance | Finance chiefs have urged Rachel Reeves not to reform cash ISAs amid reports the Chancellor plans to slash the tax-free savings allowance.
The Treasury is reportedly considering lowering the annual cash ISA allowance from £20,000 to £4,000,... |
02.05.2025 | Financial Services Firms Worry About ‘AI Washing’ | Around two in five wealth managers are very concerned that companies are making false claims about the extent to which they use AI and the positive impact it is having on their operations, in a phenomenon dubbed ‘AI washing’.
This is accord... |
08.04.2025 | Major Companies House change launched as business leaders called to action | Business leaders can now verify their identity on Companies House as part of a major drive designed to slash economic crime.
As of today, 8 April, directors can voluntarily verify their identity before it becomes a legal requirement later t... |
31.03.2025 | WH Smith Sells High Street Business: A New Chapter Begins | In a move that echoes the changing tides of retail, WH Smith has agreed to sell its venerable UK high street business to Modella Capital for approximately £76 million. This sale marks the end of an era for a company that has been a staple o... |
31.03.2025 | UK Finance: Government must adapt to shift away from London Stock Exchange | The relationship British businesses have with public exchanges such as the London Stock Exchange and private markets has transformed and requires a new strategy, a fresh report from UK Finance has said.
The financial services company, which... |
27.03.2025 | Mark Kleinman: Monzo chief lands windfall amid listing debate | Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles a nice payday for the Monzo boss, an unlikely friendship, and the great British export that is the Premi... |
07.10.2024 | UK launches world-first bank transfer fraud refund scheme | - |
15.07.2024 | Report: Three in Ten Adults Have Been a Victim of Financial Fraud | As fraud rates continue to rise, nearly all adults in the UK (94%) now say they are taking additional steps to avoid falling victim to scams, according to new research from fraud and financial crime prevention company, Featurespace.
Three i... |
10.05.2024 | From Lloyds Bank to UK Finance, here’s who’s paying for the City of London Police | A series of funding deals between private entities and City of London Police to help fight fraud highlights the ongoing funding pressures faced by the police force, experts have said.
City of London Police received more than £13m a year for... |
08.05.2024 | Regulator rejected parliament’s pleas to extend ‘name and shame’ consultation | The boss of the Financial Conduct Authority (FCA) rejected a direct request from the House of Lords to extend a consultation on its controversial ‘name and shame’ plans, it has emerged.
Speaking at a session of the Lords’ financial services... |
02.05.2024 | City lawyer urges the government to ‘take back control’ of the FCA | A City lawyer launched an extraordinary call for the government to “take back control” of the regulator yesterday after Jeremy Hunt rounded on the FCA over its plans to name firms under investigation.
The Chancellor told the FT he hoped the... |
02.05.2024 | What the government can do to stop Australians from losing $5,200 a minute to scams | Source: joshua hoehne/unsplash. article-article-body
What if the government was doing everything it could to stop thieves making off with our money, except the one thing that could really work?
That’s how it looks when it comes to scams, wh... |
16.04.2024 | UK Finance Announces Work on UK Regulated Liability Network (RLN) Experimentation Phase | UK Finance has announced work on a new UK Regulated Liability Network (RLN) experimentation phase with eleven of its members.
The UK RLN is envisaged as a common ‘platform “for innovation’ across multiple forms of money, including existing ... |
04.04.2024 | Klarna challenges UK banks with transparent consumer user data revealing 95% of payments paid on time or early | Klarna challenges UK banks with transparent consumer user data revealing 95% of payments paid on time or early
Thu, Apr 04, 2024 12:00 CET Report this content Read original
New data shows that interest-free BNPL offer consumers better outco... |
03.04.2024 | Buy-to-let repossessions jump 56 per cent as higher interest rates bite | According to new data released by UK Finance, the buy-to-let market has been hammered by higher interest rates, with lending plummeting and arrears rising.
The value of new buy-to-let lending more halved in the final quarter of last year co... |
12.02.2024 | UK Finance Announces Appointments of Thierry d’Argent from Societe Generale and Saif Malik from Standard Chartered | UK Finance has announced the appointment of Thierry d’Argent, CEO of Societe Generale UK; Saif Malik, CEO, UK, Standard Chartered; and Mickey Schiller, CEO of Leumi UK, to its Board, effective 8 February 2024.
TS Anil, CEO, Monzo; and Kelly... |
31.01.2024 | New Visa Report Reveals Impact of APP Fraud | New research from Visa reveals the negative impact of authorised push payment (APP) fraud on UK consumers beyond the financial loss.
APP fraud occurs when someone is tricked into transferring money to a fraudster posing as a genuine payee. ... |
13.12.2023 | UK Finance Report Examines Consumer Behavior, Spending Patterns, and Impact of Inflation | In the ever-changing landscape of economic uncertainties, the third quarter of 2023 brought both challenges and glimpses of recovery in household finances.
UK Finance‘s Household Finance Review, published recently, delves into “the key tren... |
28.11.2023 | Data from paytech market leader booksalon shows majority of British salon appointments are booked outside opening hours | Data from paytech market leader booksalon shows majority of British salon appointments are booked outside opening hours
Tue, Nov 28, 2023 10:05 CET Report this content
Booksalon’s global booking data shows that 53% of hair, beauty, and well... |
05.11.2023 | Virgin Media Warns Millions of Users About Urgent Scam Email Threat | John Lopez, Tech Times 05 November 2023, 07:11 am
Virgin Media, one of the UK's leading broadband and TV service providers, is sounding the alarm to protect its millions of users from a surge in scam emails (via Mirror.co.uk).
The telecoms ... |
31.10.2023 | Mission data privacy: Empowering consumers in an era of rapid change | Whether browsing online for clothes or catching up on the latest news, we’ve all had that unwanted internet cookie pop-up appear. At face-value they may seem harmless, but cookies are a goldmine of private information, posing a serious risk... |
02.10.2023 | 70bn Digital Verification Checks in 2024 To Combat Rise in Fraud | Insight from Juniper Research shows that there has been a significant surge in digital identity verification checks this year. According to their research, there is an expected 70 billion verification checks to be made next year, growing 16... |
23.09.2023 | UK Finance Comments on Financial Conduct Authority’s (FCA) Account Access, Closure Report | UK Finance recently commented on the Financial Conduct Authority’s (FCA)’s account access and closure report.
According to UK Finance:
“Freedom of expression is vitally important and today’s report from the FCA makes clear that accounts are... |
12.08.2023 | Technology is a powerful tool for mitigating increasing business costs | Given rising inflation and a gloomy economic outlook for many companies in the UK, optimizing expenditures and cutting costs is essential to ensure the business continues to function effectively. It is imperative to maintain competitive per... |
19.07.2023 | The RTP Gold Rush: 10 FedNow Predictions | The United States’ long-awaited real-time payments (RTP) system, FedNow, is due to launch any day now. The availability of instant money transfers has huge potential to impact virtually all players in the economy, from financial institution... |
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07.07.2023 | UK Finance Report Makes Recommendations to Accelerate Digital Transformation of Nation’s Capital Markets | UK Finance has released a report which sets out three key missions “to accelerate the digital transformation of the UK’s capital markets.”
The report ‘Unlocking the power of securities tokenization’, produced in conjunction with Oliver Wyma... |
06.07.2023 | Major UK Banks Sign Up to Mastercard’s AI-powered Anti-fraud Tool | According to Mastercard, its new Consumer Fraud Risk tool helps to predict scams in real-time, providing banks with the intelligence to help stop a payment before funds are lost.
The tool has been suggested to be based on insights from frau... |
19.06.2023 | Our Net Zero Homes Report and the Government’s 2023 Green Policy Commitments | Where do the government’s recent plans for greening the housing stock announcements fit in to UK Finance’s Net Zero Homes report recommendations? |
07.06.2023 | FTSE 100 close: Markets close lower as housebuilders weigh on index | Strong morning bumps for Primark-owner Associated British Foods and BT were offset by a slump for housebuilders today as the FTSE 100 closed marginally lower. |
28.05.2023 | UK Consumers Fall Victim to Facebook, Instagram Online Shopping Scams Every 7 Minutes: Study | John Lopez, Tech Times 28 May 2023, 02:05 pm
Facebook and Instagram have emerged as hotbeds for online shopping scams affecting UK consumers, according to a recent study conducted by Lloyds Banking Group.
In what has been described as the &... |
12.05.2023 | Add another fraud fighter for the financial services sector list as ThreatFabric nets €11.5 million | Amsterdam-based provider of fraud detection solutions and intelligence ThreatFabric has raised €11.5 million in a seed funding round. The company intends to use the investment to further develop its fraud detection technologies, specificall... |
12.05.2023 | Net zero homes: time for a reset report – six months on | The 28 million households in the UK account for around 14 per cent of our overall carbon emissions. In terms of the scale of the change required by homeowners to meet the government’s 2050 Net Zero target, this will require a home being upg... |
08.03.2023 | Thanks Mr. Musk, Now I Have More Security | Tesla CEO Elon Musk is pictured as he attends the start of the production at Tesla's "Gigafactory" ... [+] on March 22, 2022 in Gruenheide, southeast of Berli (Photo by Patrick Pleul / POOL / AFP) (Photo by PATRICK PLEUL/POOL/AFP ... |
20.01.2023 | How AI and data enrichment can protect the vulnerable during a recession | Check out all the on-demand sessions from the Intelligent Security Summit here.
A widespread recession, while not a certainty, seems increasingly likely in the years ahead. A recent Hanover Research survey showed that 85% of financial leade... |
13.01.2023 | Amazon/Meta-alum Ellam embarks on new mission with London climate risk platform Climate X | Climate X has poached Monzo Bank's head of technical programme management, Andrew Ellam, to serve as its vice president of technology.
Ellam's Monzo tenure coincided with the ramping up of its internal carbon emissions programme, aimed at a... |
13.12.2022 | Over-confidence and under-investment: why banks are on the back foot against ransomware |
For unlucky financial institutions, a ransomware attack can seem like a high stakes game of poker. They’re faced with an opponent who claims a winning hand – having potentially encrypted and stolen large volumes of data. But how strong is ... |
02.08.2022 | Armis joins UK Finance to bolster financial sector cyber resilience | Armis joins UK Finance
New partnership with premier industry body for financial services LONDON, UK, August 2, 2022 /EINPresswire.com/ -- Armis, the leading unified asset intelligence platform, today announced it has joined the premier indu... |
13.05.2022 | UK bill seeks to protect access to cash and victims of APP fraud | The news: The Financial Services and Markets Bill, announced in the Queen’s Speech, aims to safeguard access to cash and also protect victims of authorized push payment (APP) fraud in the UK.
More on the bill: The bill is part of a wider pl... |
07.04.2022 | Remember Card Fraud? | I’m getting nostalgic for the days of card fraud and the Cold War. |
30.03.2022 | Dapio dabbles in $3.4 million to bring frictionless payments for small businesses across UK and Europe | Microbusinesses and sole traders have faced multiple challenges when taking payments from customers, including the need to invest in clunky and expensive hardware and additional fees. Contactless payments are rising and constitute a quarter... |
24.03.2022 | Apple’s open banking acquisition could help fuel payments business | The news: Apple acquired UK-based open banking fintech Credit Kudos in a deal that reportedly valued the startup at about $150 million, people familiar with the matter told The Block. Credit Kudos’ open banking tech helps lenders access con... |
10.03.2022 | Meet Lendable, the London platform shaping future of consumer finance in the UK with £210 million | With consumer credit volumes in the U.K. and U.S. alone reaching a market of close to $3 trillion, consumer finance needs to get more transparent, fair, and efficient. In doing so, London-headquartered AI-powered consumer finance platform L... |
09.03.2022 | UK Expands the Scope of the Online Safety Bill, to Include Scam Ads | Sophie Webster, Tech Times 09 March 2022, 09:03 am
(Photo : Unsplash/ Glenn Carstens-Peters) online search
The Online Safety Bill drafted by the government of the United Kingdom will be extended, and this time it will include scam ads after... |
14.02.2022 | ACI Worldwide : How does Netflix's ‘The Tinder Swindler' Shed Light on the Problem of Social Engineering Scams? | The power to ignite conversation is indisputable for the online streaming service Netflix. First came 'Tiger King,' which got the world infatuated with privately-owned big cats in the U.S. Now, we are turning our heads to romance scams with... |
04.02.2022 | Metal Cards: The Latest Trend in Payments | HOME/ BLOG / Payments/ Metal Cards: The Latest Trend in Payments
In the first post of our series on the rise of Metal Cards, learn why metal payment cards are gaining prominence with high-value and style-conscious customers.
Some of us will... |
16.12.2021 | Big UK banks’ shared-branch agreement could be a model for other countries concerned by cash-access crunch | The news: The Bank of England has set a deadline by the end of Q1 2022 for banks to submit plans for stabilizing cash circulation.
Additionally, a slew of major banks in the UK have agreed to use shared branches in 2022, as part of a broade... |
15.12.2021 | NCSC Warns Consumers to Avoid Falling for Christmas Scams | With the final weekend before Christmas approaching, many shoppers will be seeking last-minute presents and bargains.
However, the National Cyber Security Centre (NCSC) has warned consumers not to fall for fake shopping sites or fall foul o... |
14.12.2021 | European Fraud Predictions 20221: Vaccine Scams to Deep Fakes | 2021 saw the world settling into a new normal with heightened expectations of digital experiences. But European fraud and financial crime have continued to evolve. As we move forward into 2022, we are seeing the first signs of some interest... |
25.11.2021 | Results for the half year ended 30 September 2021 | PayPoint Plc
Results for the half year ended 30 September 2021
A positive first half across the PayPoint Group in line with expectations, with early delivery from growth initiatives
FINANCIAL HIGHLIGHTS
Net revenue1 from continuing operatio... |
22.11.2021 | Working together to enhance cross-border payments - speech by Victoria Cleland | Published on 22 November 2021
Victoria Cleland talks about how central banks and the private sector will work together to improve cost, speed, transparency and access to cross-border payments. She explains how the Bank of England's upgrade ... |
18.11.2021 | UK Visa credit card ban is Amazon’s latest offensive against transaction fees | The news: Amazon will stop accepting Visa credit card payments in the UK starting January 19 because of rising merchant card fees, per The Wall Street Journal. Amazon is offering affected UK customers £20 (approximately $26) off a purchase ... |
21.09.2021 | A letter from Google to Big Tech | Tomorrow the Treasury Select Committee will call representatives from across tech companies to explain the role we each play in helping prevent financial scammers exploiting online platforms. |
03.09.2021 | Barclays : What you need to know about scams, cybercrime and digital safety | The pandemic drove a great spike in online scams and digital dangers, making support from Barclays Digital Eagles more important than ever. From regular virtual sessions to collaborations with groups across the field - here's how the team i... |
12.07.2021 | UK finance firm Tide raises $100mn in funding round led by Apax Digital | Tide, a UK business finance platform that has a global development centre in Hyderabad, said on Monday it has got more than $100 million in funding, bringing the company’s total raised capital to $200 million.
Tide is valued at over $650 mi... |
28.06.2021 | A major UK bank will ban its customers from trading on cryptocurrency platforms because of its concerns over fraud | British lender TSB said it was planning to prevent its retail clients from buying cryptocurrencies.
Widespread fraud across the crypto market means it's too expensive to reimburse clients, the bank said.
UK Finance said the amount of money ... |
07.06.2021 | New forms of digital money | We are keen to hear from a wide range of respondents on the topics and questions posed in this paper, including the payments industry, technology providers, payments users, financial institutions, academics, other central banks and public a... |
02.06.2021 | Fraudsters Take Advantage of Vulnerable Online Daters During Covid-19 | Share
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There was a 20% increase in bank transfer fraud linked to romance scams in 2020 compared to 2019. National lockdowns exacerbated loneliness, and people turned to dating apps for companionship and connection – p... |
27.05.2021 | PAYPOINT PLC
PayPoint Plc: Preliminary Results Year ended 31 March 2021 | PayPoint Plc
Preliminary Results
Year ended 31 March 2021
Transformative year for the PayPoint Group with significant step change in strategic delivery
Restated1 Year ended 31 March 2021 2021 2020 Change
Revenue from continuing operations £... |
12.05.2021 | Coronavirus Business Interruption Loan Scheme extended to struggling small businesses | The government’s Coronavirus Business Interruption Loan Scheme (CBILS) has been hugely popular amongst UK small businesses, and has kept many SMEs going through the coronavirus crisis.
However, EU rules on state aid meant struggling busines... |
22.04.2021 | OPEN TEXT CORPORATION
Open Text : Why information assurance and security is important in 2021 | In March 2021, Chinese hackers broke into Microsoft Exchange Server and stole emails from over 250,000 customers worldwide. This raises two questions: How do you stop these attacks happening? How do you find out what data is affected and wh... |
17.02.2021 | Bango : Where's wallet? | The short answer is - wallets are everywhere! Take a look at the following stats:
$10 Trillion - total spend via digital wallets in 2025
26.93% - CAGR of mobile payments worldwide
1.3 billion - daily active Alipay users
1 billion - estimate... |
10.12.2020 | Christmas Shopping In The Age Of COVID-19: A Fraudster’s Paradise | As we enter the Christmas season with restrictions still in place, there is little sign of online shopping slowing down. Even with non-essential shops open again for the Christmas rush, there won’t be the usual crowds flocking – and older g... |
02.10.2020 | FCA gives 15 months after Brexit to meet rules | U.K. firms will have 15 months from the end of the Brexit transition period to get ready for new domestic regulations, according to the Financial Conduct Authority. The regulator announced that it will use temporary transition power to allo... |
15.09.2020 | Verified Digital Identities Would Eliminate £455.8 Million Of Push Payment Fraud | Push payments rely on your customers or clients actively sending or 'pushing' money to you. Yet with both the value and volume of these requests for payments increasing, many people are falling victim to push payment fraud, where they are t... |
06.07.2020 | Open banking: летние тренды 2020 | Чему научил скандал с Wirecard, на чем сэкономил Mastercard, что происходит с сегментом real-time платежей и нужна ли блогерам собственная кредитка.
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В прошлом выпуске мы обещали вам, что скоро будет жарко ― ка... |
28.05.2020 | PAYPOINT PLC
PayPoint plc: Preliminary Results and update on the impact of Covid-19 Year ended 31 March 2020 | PayPoint plc
Preliminary Results and update on the impact of Covid-19
Year ended 31 March 2020
FINANCIAL HIGHLIGHTS
PayPoint reported a resilient result for financial year 2019/20 with profit before tax excluding exceptional items increasin... |
24.04.2020 | ‘Loan schemes starting to deliver but step change needed to accelerate support to distressed firms’ - CBI | ‘Loan schemes starting to deliver but step change needed to accelerate support to distressed firms’ - CBI
24-04-2020
The CBI has outlined a comprehensive range of measures aimed at accelerating emergency support to distressed firms amid the... |
24.04.2020 | Mike Ashley’s Frasers Group misses out on coronavirus loan, settles Belgian tax bill | Mike Ashley’s Frasers Group’s application for a coronavirus loan has been rejected, it admitted today, as it finally settled a €674m (£588m) Belgian tax bill. |
23.04.2020 | UK Finance’s Latest Data Confirms: More Than £2.8 Billion Has Been Provided to SMEs Through Coronavirus Business Interruption Loan Scheme | Banking and finance industry organization UK Finance announced on Thursday that its latest data revealed more than £2.8 billion has been lent to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS). The organization... |
18.04.2020 | Fearing a 35% drop in GDP, Bank of England governor pressures banks to speed up coronavirus loans | The governor of the Bank of England called on British banks to accelerate their distribution of government-backed loans to coronavirus-hit businesses on Friday.
Bailey warned that a 35% plunge in second-quarter GDP if the lockdown continues... |
28.03.2020 | Housing In Lockdown: Buying And Selling Property During The Coronavirus Pandemic | The government has advised that buyers and renters delay moving house whilst self-isolation and ... [+] social distancing measures are in place so as to limit the spread of the virus. Getty |
26.03.2020 | UK to raise spending limit for contactless card payments due to COVID-19 | The spending limit for contactless card payments will rise in the U.K. from £30 ($35.91) to £45 ($53.87), with national roll-out on April 1, according to UK Finance, a banking and finance collective organization. The decision follows that o... |
11.03.2020 | Fintech Industry Responds to UK Budget 2020 | Earlier today, the Chancellor of the Exchequer Rishi Sunak delivered a speech outlining the UK Budget for 2020. A portion of the speech outlined the Government’s policy moves to mitigate the impact of the Coronavirus – an unexpected exogeno... |
05.03.2020 | Monzo: What do you need to know? | In June 2019, banking start-up Monzo announced its plans to launch in the US.
The UK finance company has garnered a lot of attention, both online and in real life, thanks to its distinctive coral-colored cards, and its intention to make the... |
14.10.2019 | UK: half of all debit card payments now contactless | According to the latest figures from trade association U.K. Finance, now over half of the debit card payments in the U.K. are contactless.
A contactless card has a built-in radio-frequency module. As a result, the user does not have to swip... |
05.08.2019 | Emailage and Featurespace partner to tackle application fraud | Emailage and Featurespace partner to tackle application fraud
05-08-2019
Emailage, global leader in online fraud prevention and email risk assessment, has teamed up with Featurespace, the world leader in risk detection and fraud prevention,... |
28.02.2019 | UK Finance wants to bring ethics to banking sector | Goody two shoes trade body UK Finance is starring in its very own Mission Impossible as it seeks to bring ethics to our pragmatic and business-oriented world.
Eye roll or heavenly idea?
Called “Ethics in Banking and Finance”, the new online... |
25.02.2019 | Small businesses get no-deal Brexit survival guide amid fears firms are not ready | |
22.02.2019 | UK finance software firm Yordex gets £500k funding | London-based Yordex has raised £500,000 from lead investor Bloc Ventures to develop its finance software.
Plans to build sales and marketing teams
Yordex was founded in 2017 by former Worldpay executives Erik De Kroon and Hardeep Nagi.
It’s... |
18.06.2018 | Contactless conquers cash in UK clash | Cash pushed to second place
Contactless payments, online shopping and smartphones have given debit cards the edge over cash as the most frequently used payment method in the UK, according to the latest research from trade association UK Fin... |
15.08.2017 | Mobile and contactless payments growing in popularity in UK | The UK is continuing to embrace mobile and contactless payments as the impact of cash continues to decline, new figures have revealed.
British consumers and businesses are increasingly shunning physical money in favor of card and online pay... |