Banking

NatWest to buy Sainsbury’s banking arm

20th June 2024

NatWest is to buy the main banking business of Sainsbury’s as the supermarket chain withdraws…

Labour Party pledges to open 350 shared banking hubs

18th June 2024

The Labour Party has reiterated its promise to open 350 banking hubs across the UK…

Co-op Bank glitch hits business customers after payments taken twice

13th June 2024

The Co-op Bank hs apologised to customers after a computer glitch resulted in duplicate transactions,…

Lloyds to close more branches

1st December 2023

Lloyds Banking Group has earmarked another 45 branches for closure in 2024, citing the migration…

HSBC customers hit by mobile banking outage

24th November 2023

Thousands of HSBC customers in the UK have been unable to access online and mobile…

EU agrees game-changing deal for instant payments

10th November 2023

The European Council and European Parliament have struck a provisional agreement on the mandatory provision…

Banks look to fintechs to stave off threat from Big Tech

10th November 2023

Nearly half of all banks are looking to buy majority stakes in fintechs to fend…

Lloyds and NatWest close more branches

4th April 2023

Lloyds Banking Group and NatWest are, between them, closing another 80 branches across the UK…

Judge upholds $5.6bn interchange settlement

20th March 2023

A US federal appeals court has upheld a $5.6 billion antitrust class-action settlement between 12…

Central banks conclude cross-border CBDC experiment, Project Icebreaker

7th March 2023

Project Icebreaker, a joint initiative from the Bank for International Settlements and the central banks…

FinTech Australia says ING systems upgrade may breach open banking rules

9th February 2023

Fintech Australia and the Financial Data and Technology Association (FDATA) are calling on Australia’s competition…

Barclays sets out its flexible banking strategy

31st January 2023

Barclays today announces the expansion strategy for its flexible banking formats, as it evolves its…