News

The World is going cashless…but how quickly?

20th June 2024

n 2022 the use of cash declined by its largest margin in the history of…

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…

Consumers withdrew £81bn from ATMs in 2023

13th June 2024

New data published by LINK, the UK’s cash access and ATM network, reveals that consumers…

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,…

UK home to 3m ‘Frankenstein identities, posing multi-billion pound threat

13th June 2024

The UK is home to nearly three million “Frankenstein” identities stitched together by fraudsters out…

Cash usage grow for first time in a decade

7th December 2023

Cash usage in the UK has grown for the first time in a decade as…

Lloyds to close more branches

1st December 2023

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

Swift connects instant payment systems to bring 24/7 processing across borders

30th November 2023

Swift has connected domestic payment schemes across Europe to provide full transparency and end-to-end tracking…

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…

PaymentSense eyes Irish money licence

23rd November 2023

Ireland’s payments sector looks set for increased competition following reports that UK-based PaymentSense plans to…

NatWest gives chatbot Cora a human feel with generative AI

10th November 2023

NatWest is adding generative AI capabilities to its chatbot Cora, giving the intelligent digital assistant…