PYMNTS

OCTOBER 1, 2019

Today in the payments news roundup, challenger banks in the U.K. UK Challenger Banks Struggle To Compete . are having a difficult time competing with the country’s big four financial institutions. Also, Amazon wants to take its cashier-free Go technology to other places such as movie theaters and airport stores.

Metro 101

Metro New York City Payments New York 101

FICO

JULY 31, 2018

Our new interactive European Fraud Map for 2017 reveals changes in payments fraud across Europe, and there's a good news for the UK - but a warning signal for other countries. France and the UK achieved reductions of 6 and 8 percent, respectively, for the biggest reductions in net fraud losses. "The How to Fight Back.

Fraud 45

Fraud Payments Analytics Marketing 45

Chris Skinner

JULY 2, 2019

An interesting report came out this week saying that UK consumers would access mobile banking apps more often than branches in the next two years. It got covered on the BBC, Sky News and lots of other media, but I was thinking in the next two years? It just shows … The post Mobile first is a no brainer, but what is digital first?

Mobile 311

Mobile Report Digital Banking 311

TheGuardian

FEBRUARY 5, 2024

Both banks deny helping Tehran-controlled oil firm PCC to move money in breach of sanctions Two of the UK’s largest lenders, Santander UK and Lloyds Banking Group, allegedly held bank accounts for front companies that helped Iranian entities evade US sanctions, according to reports.

Company 79

Company Groups US Report 79

Chris Skinner

JULY 4, 2017

BOOM FOR FRENCH BANKS AS BREXIT DAMAGES BRITISH RIVALS 3 July 2017: The fallout from Brexit has pushed the UK’s leading banks further down The Banker’s latest ranking of the Top 1000 banks. UK banks made less than half the profits compared to French banks and the gap is likely to widen with a Macron business boost expected across the Channel.

Metro 403

Metro Capital Taxes Maine 403

Chris Skinner

JULY 3, 2018

I found an interesting article about Open Banking the other day (via FinTech Insider News). Its title is: Open Banking in the UK; a disaster in the making? no wonder it intrigued me. However, I clicked the article open and the first paragraph read: When the CMA Order went live … The post Open Banking – a complete failure?

Fintech 292

Fintech Digital Banking Payments 292

BankNXT

AUGUST 19, 2016

Is Brexit good or bad news for UK fintech? Alessandro Hatami on the post-Brexit state of fintech in London, and the pros and cons when it comes to regulation, startups and investment. on BankNXT.

Fintech 40

Fintech Regulation 40

TheGuardian

NOVEMBER 30, 2023

As chancellor during the financial crisis he showed great wisdom and courage, and he played a huge part in keeping the UK intact in the Scottish referendum The news of Alistair Darling’s death on Thursday came as a terrible shock to us all. Gordon Brown was UK prime minister from 2007 to 2010 Continue reading.

National 128

National US Management 128

TheGuardian

JULY 11, 2023

Average rate rises to 6.66%, according to Moneyfacts, in more bad news for homeowners UK interest rates likely to rise again despite slowing labour market Two-year fixed mortgage rates in the UK have risen to the highest level since the 2008 financial crisis, adding to the pressure on homeowners.

Data 71

Data Marketing 71

Chris Skinner

JUNE 28, 2018

If you didn’t here’s the low-down (via ABC News) The company said its British business, Ticketmaster UK, identified malicious software on a customer support product which was hosted by a … The post When the bank knows you’ve been hacked (before everyone else) appeared first on Chris Skinner's blog.

Software 228

Software Company Digital Banking Innovation 228

TheGuardian

JULY 27, 2023

Since the politician’s account with Coutts was closed, the story has dominated the news agenda. So why has it dominated news headlines? Does it show that something has gone very wrong in our banking system? On the surface it may not sound like a story that would generate national interest. Continue reading.

social media 71

social media Video National System 71

TheGuardian

DECEMBER 9, 2022

Jeremy Hunt sets out sweeping reforms to financial sector The UK is to reform the regulations on the short selling of shares listed on UK market – the practice of borrowing shares to sell them, with the goal of buying them back cheaper in future. It’s positive news for financial services.” Continue reading.

Regulation 98

Regulation Policies Marketing 98

South State Correspondent

AUGUST 17, 2022

While a China-led global slowdown led to higher Treasury prices on Monday, today it’s higher UK inflation that has Treasury yields heading higher. In a reminder that inflation is not only a domestic story but a global one, UK inflation accelerated to the highest level in 40 years with their CPI increasing 10.1% YoY in July. to 0.8%.

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Atlanta Meeting Retail Maine 195

TheGuardian

JULY 12, 2023

One of theses days, they may matter Full story: lenders pass tests but BoE warns of mortgage pain Terrific news: the banks aren’t about to collapse. The UK’s big lenders would continue to be “resilient”, says the Bank of England , even if the dark clouds over the economy turn into a prolonged thunderstorm.

Lending 52

Lending Capital 52

The Paypers

JANUARY 13, 2023

African payments fintech Flutterwave and existing Railsr shareholders have reportedly planned to acquire the UK-based Banking-as-a-Service company, according to Sky News.

Report 85

Report Fintech Payments Company 85

PYMNTS

AUGUST 21, 2020

JPMorgan Chase plans to launch a digital bank in the United Kingdom early next year, Sky News reported Friday (Aug. The move “will enable it to capitalize on the accelerating transition of millions of bank customers from branch-based activity to digital services during the COVID-19 pandemic,” the news outlet said.

Report 173

Report Digital Banking Lending Technology 173

TheGuardian

MARCH 4, 2022

We take a look at those blacklisted by the US, EU and UK so far Russia-Ukraine war: live news The west has broadened its sanctions against politicians, businesses and individuals with links to Russia since Moscow invaded Ukraine.

US 97

US Policies Industry 97

TheGuardian

NOVEMBER 30, 2023

The news was grim. RBS was running out of cash and would soon have to close branches and shut down cash machines.

Meeting 86

Meeting Report Policies 86

TheGuardian

AUGUST 9, 2023

Rolling coverage of the latest economic and financial news Risk of UK recession at next general election is 60%, says thinktank Chinese economy slips into deflation as recovery falters and demand slows Europe’s Stoxx 600 shares indes has risen to its highest level in a week, lifted by Italian banks after Rome said it would cap its new windfall tax.

Taxes 77

Taxes US Marketing 77

TheGuardian

FEBRUARY 28, 2022

No 10 warns City firms to ‘think very carefully’ before propping up those allied to Putin regime Russia-Ukraine crisis: live news Law firms working to stop Russian oligarchs getting hit by UK sanctions could themselves be targeted by financial curbs, No 10 has suggested as it warned them to “think very carefully” before propping up those allied to (..)

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97

BankUnderground

MARCH 6, 2024

Overall, UK corporate bond issuers appear broadly resilient to higher financing costs, but risks are higher for riskier borrowers particularly if the macroeconomic outlook and funding conditions were to deteriorate. The share of bond finance to overall UK corporate debt has increased to 33% today, compared to the 22% share at end-2008.

Policies 71

Policies Lending Data Marketing 71

TheGuardian

MARCH 13, 2023

The good news is that it took only a long weekend to find a fix – a good one – for the UK end of the doomed Silicon Valley Bank. The bad news is that US regulators’ solution for the very much larger parent bank raised more questions than it answered. Comment: SVB’s failure is predictable – what can it teach us?

US 62

US Regulation 62

PYMNTS

JANUARY 11, 2021

In today’s top digital-first banking news, British challenger bank Revolut is seeking a U.K. Plus, the Reserve Bank of New Zealand revealed on Sunday (Jan. Neobank Revolut Applies for UK Financial Services License . The Reserve Bank of New Zealand disclosed on Sunday (Jan. 10) that it had been hacked.

ATM 145

ATM Capital Digital Banking National 145

BankInovation

AUGUST 22, 2023

Barclays UK has announced the appointment of Lee Counselman as a managing director for technology investment banking. 14 news release. Counselman will focus on strategic M&A and equity work within the software banking team and report to Kristin Roth DeClark, head of technology investment banking, according to an Aug.

Software 52

Software Management Technology Report 52

BankInovation

AUGUST 22, 2023

Barclays UK has announced the appointment of Lee Counselman as a managing director for technology investment banking. 14 news release. Counselman will focus on strategic M&A and equity work within the software banking team and report to Kristin Roth DeClark, head of technology investment banking, according to an Aug.

Software 52

Software Technology Management Report 52

TheGuardian

DECEMBER 6, 2022

Exclusive: Chancellor to meet heads of UK’s major lenders and consumer champion Martin Lewis on Wednesday UK politics live – latest news updates The chancellor will urge the UK’s largest banks to do all they can to support those struggling to pay their mortgage during the cost-of-living crisis when he holds his first talks with chief executives on (..)

Meeting 91

Meeting 91

TheGuardian

FEBRUARY 25, 2022

Company can no longer trade in City after UK imposes sanctions against Russian firms and individuals Russia-Ukraine crisis: live news A subsidiary of Russia’s second-largest bank, VTB, has been suspended from trading on the London Stock Exchange after the UK’s imposition of sanctions over Vladimir Putin’s invasion of Ukraine.

Capital 73

Capital Groups Company 73

PYMNTS

DECEMBER 2, 2020

In today’s top news in digital-first banking, Revolut is introducing a new function in the U.K. that will offer access to direct deposits a day early, while SWIFT is rolling out a new offering for live international payments and transfers called gpi Instant. SWIFT gpi Instant Goes Live in the UK.

Miami 142

Miami Online Groups America 142

TheGuardian

JULY 27, 2023

Crisis-hit group plans to pay dividends worth £500m to investors after quarterly profits rise by 27% NatWest chair vows to stay on to provide ‘stability’ Business live updates – latest news NatWest will make a fresh £190m payout to its largest shareholder, the UK government, after Downing Street had an influence in the resignation of Alison Rose as (..)

Groups 65

Groups Taxes 65

Chris Skinner

JUNE 17, 2017

Flicking between Facebook apps, twitter, bank account, BBC news and more. Suddenly I spot a new ICO – Initial Coin Offering – for a new bank. Its strategy has centred upon shifting its focus away from being an international banking stock and towards a company which is focused on the UK for the bulk of its profit.

Analytics 171

Analytics New York Fintech Maine 171

PYMNTS

JANUARY 10, 2019

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes news about recent bank failures and an accusation against LuLaRoe. The news comes after Sears Holdings had reportedly turned down a bid by Chairman Eddie Lampert to help the retailer keep its doors open. disappoint.

Los Angeles 128

Los Angeles FDIC Retail Maine 128

TheGuardian

JULY 27, 2023

Rolling coverage of the latest economic and financial news Was Alison Rose held to a higher standard because she is a woman? NatWest faces another day in the spotlight as the British bank reveals how it performed in the last quarter, and faces ongoing scrutiny over its treatment of former UK Independence party leader Nigel Farage.

Report 60

Report Marketing Groups 60

PYMNTS

MARCH 11, 2020

The firm is also rolling out a new set of functions geared toward Biritsh business needs, Accounting Today reported. The British launch comes after the firm’s recent tie-up with Three UK, the internet service and telecommunications company. per news in December.

Software 130

Software Taxes Compliance Meeting 130

PYMNTS

MAY 1, 2019

According to a report in Financial News , based on open positions at Plaid the company is looking to hire ten or more people for jobs in Europe. According to the report, jobs include a Europe lead and a UK lead specializing in go-to-market strategy. Other jobs include for engineers and policy experts, reported Financial News.

Marketing Strategies 100

Marketing Strategies Capital Fintech Policies 100

Accenture

MARCH 21, 2016

It’s a sobering fact that the ratio of UK household debt to income has been above of 100% for the past 16 years. According to ONS figures, the ratio currently stands at 132% which – and here’s the good news. Read more.

Analytics 150

Analytics Innovation Lending 150

PYMNTS

MAY 3, 2020

High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest, following a six-month opening launch, according to a Yahoo Finance UK report. The circumstances have changed,” RBS CEO Alison Rose told Yahoo Finance UK on Friday. We’ve always said that we will look to innovate.

Branding 181

Branding Resources Digital Banking Regulation 181

PYMNTS

NOVEMBER 30, 2018

The agreement comes amid suggestions to the industry group known as UK Finance , which included boosting the powers of ombudsman services and setting in place a framework that is geared toward addressing “unresolved historic complaints.”. News came earlier this week germane to small business lending in the U.K.,

Lending 153

Lending Groups Examples Report 153