by admin | Jan 8, 2018 | Challenger banks
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 to be involved in Open Banking in order to steal consumers’ details...
by admin | Dec 4, 2017 | Challenger banks
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 FT Barclays has stopped offering free Kaspersky anti-virus products to new...
by admin | Sep 11, 2017 | Uncategorised
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 transaction fees fall by 16% to £875m since 2014. Royal Bank of...
by admin | Aug 22, 2017 | Challenger banks
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 regulator, also said banks were falling behind schedule in making preparations...
by admin | Aug 14, 2017 | Challenger banks
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 aims to cut costs and inefficiencies in trade financing that has been...
