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Australia announces plans to regulate BNPL as a credit lending offering 

The BNPL sector in Australia just got a revamp after the local government announced new rules to curb consumer debt from mounting up.  In an...

Barclaycard underlines significant growth in contactless payments

Barclaycard Payments has revealed that since the introduction of the new £45 contactless limit in the UK, the firm has processed over 25 million...

UK banking exports maintain appeal despite facing uncertain times

Despite Brexit uncertainties, figures published by the Office of National Statistics (ONS) reveal that UK banking exports of financial services have reached a ‘record...

10 per cent of UK adults hardly used cash in 2018

10 per cent of the adult population in the UK - around 5.4 million people - made either one or no cash payments per...

UK Finance publishes updated guidance on banking ethics

UK Finance, the leading trade association for the UK banking and the financial services sector has published a new guide on ethics attached to...

UK Finance delays Payee ‘name-check’ enforcements

UK consumer banking and financial services organisation UK Finance has stated that its planned ‘Confirmation Payee System’ will be delayed until 2020. Planned to...

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