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Labour opens new hubs to combat ‘banking deserts’ across UK

In response to recent retail banking closures, high street banks have committed to opening 350 new banking hubs across the UK over the next...

Tech and finance leaders join CFIT digital verification mission

Some of the UK’s biggest financial institutions, from both the traditional and challenger sectors, have joined a government-backed anti-crime initiative. Established earlier this year, the...

Amazon Barclaycard makes UK launch in e-commerce giant’s latest payments push

Amazon’s reach in UK payments has been significantly stepped up with the company launching the market’s first co-branded card, in partnership with a major...

HSBC, Virgin Money, Barclays and Nationwide hit by payments outages

Three of the UK’s biggest retail and online banks saw an outage to their services on Friday (29 June), affecting customers at a time...

Former Spotify exec joins leading bookmaker as payments chief

Flutter Entertainment, one of the world’s biggest international betting operators, has hired Mark Shaw as its Director of Global Payments Strategy. Shaw is a veteran...

Barclays: social media is the number one source of scams

Barclays has launched a monthly bulletin disclosing the total value and volume of scam claims, with the inaugural report covering March to April revealing...

Barclays backs The FA’s latest campaign to support ‘tomorrow’s leaders’ 

The Football Association (FA), through the backing of Barclays, has launched a mentoring programme designed to give aspiring football leaders a chance to build...

Barclays latest bank to warn about social media scam activity

Social media is being widely used by scammers to identify and target potential victims, with investment scams becoming increasingly more common. Barclays revealed today that...

UK Finance RLN experimentation welcomed by NatWest, Barclays and others

UK Finance, the British finance sector trade body, has begun work on a new experimentation phase of the Regulated Liability Network (RLN), envisioned as...

Wise accuses HSBC of hidden fees “contributing to breakdown in trust...

Wise has reported that HSBC has the highest fees for exchange rates, with some fees hidden from its customers. The payment infrastructure provider has studied...

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