Which? has claimed that it expects the advent of Open Banking to lead to more instances of ‘push payments’ scams. Separately, Get Safe Online has warned that the number of businesses pretending [...]
UK banks are teaming up with their Swiss and Japanese counterparts to warn that EU proposals to ringfence foreign capital could force lenders to exit their European businesses, according to the [...]
Sunday Times has reported that the fees that three of the UK’s largest banks receive from credit and debit card transactions has decreased by 20% to £3bn since 2014. Lloyds Banking Group has seen [...]
ECB has warned British banks planning to relocate operations to another country in the EU before Brexit that it will not grant licences to ‘empty shells’. Sabine Lautenschlager, a senior [...]
R3, the blockchain consortium, is close to coming to market with its first commercial pilot product. A group of 11 banks, including HSBC and RBS, are poised to start testing an application that [...]
Bank of Ireland has announced it is investing €10m into branch development. The bank is also setting up a ‘Startlab’ incubator facility above its Camden Street, Dublin branch Challenger banks [...]
Metro Bank has claimed that rental income from its safety deposit boxes covers 80% of its branch network rental costs. Currently, the bank has 80,000 safety deposit boxes in its branch network. [...]