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UK Finance reveals 93% of all UK cards are now contactless

UK Finance's Card Spending Update for March 2024 indicates a continued rise in the number of issued contactless cards and their usage. UK Finance’s data...

UK Finance: future govt must support Britain’s financial services success story

The UK general election is just over a month away, and UK Finance has outlined the policies it believes the next government should pursue...

UK fraud dips slightly in 2023 but industry notes ‘no silver...

Both the number of cases of fraud and the amount stolen via it fell in the UK last year, but the country’s finance industry...

UK credit card spending rises slightly amid economic uncertainty

British credit card spending shows that consumers are not falling behind in their ability to manage repayments, a reassuring trend in the eyes of...

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...

GFT UK report shows banking fraud more likely to target younger...

A new research by GFT UK has revealed that almost half of surveyed banking customers “either have or know someone who has been a...

Business benefits driving ‘explosive growth’ of UK Open Banking

Recent statistics from UK Finance has highlighted that card transactions in the UK have seen a slight year-on-year increase, signifying the changing role of...

Ecospend: Open Banking can be at the heart of UK payments...

UK Finance statistics highlight the opportunity for an increased focus on the payment journey and bolstering payment efficiency, according to Ecospend. The UK Finance report...

FCA Chair Alder emphasises proportional regulation and tech innovation plans

Ashley Alder, Chair of the Financial Conduct Authority (FCA), recently delivered a speech at the Investment Association’s Annual Dinner, in which he emphasised the...

Surge of cash is reflection of historical pattern

News that cash usage has mounted during a time of financial crisis shouldn’t come as a surprise according to Jonathan Vaux, Head of Propositions...

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