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PSR fines Barclays £8.4m for misleading retailers

Barclays Bank has been fined £8.4m by the Payment Systems Regulator (PSR) for lack of transparency with its card service fees. According to the PSR,...

Do CBDCs offer financial stability in an emerging cashless society?

With cash becoming less prevalent year-by-year, financial institutions and providers have been accelerating methods to digitise money whether it be through banks, or currencies...

Barclays hit with $361m fine by the SEC

The Securities and Exchange Commission (SEC) has charged Barclays bank in connection with failing to satisfy an “unprecedented amount of securities”.  The SEC claims that...

Barclays continues branch closures with 18 more in August

As the shift to digital finance continues to accelerate, Barclays bank has confirmed 18 more of its branches have closed raising the projected number...

Lord Hammond joins £1bn fintech fund eyeing expansion of the sector

Ex-Chancellor Lord Hammond is among a plethora of key financial figures backing a £1bn fund aimed to accelerate the expansion of the fintech sector...

Barclays buys £2bn into crypto firm Copper

Barclays bank is set to take up a £2bn stake into digital asset service provider Copper, according to Sky News.  Barclays is among a host...

Talkwalker: Challenger banks are growing in the UK

A new report by consumer intelligence firm Talkwalker has highlighted that UK banking is currently going through a tech renaissance. Traditional banking institutions in the...

Funding from Goldman Sachs and Barclays directed to crypto platform Elwood

This recent development highlights the heightened appetite of institutional investors for the cryptocurrency space.

Barclays: Retailers lose £4.3m in online sales daily due to SCA...

Since March, SCA compliance failures have led to a total of £130m losses worth of sales for retailers and businesses supporting online product purchasing.

Barclays and Lloyds found in breach of open banking rules

Banking giants Lloyds and Barclays have been criticised for misleading customers with inaccurate product and service information. The UK Competition and Markets Authority (CMA) produced...

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