Tag: Virgin Money
Nationwide payments outage overshadows Virgin Money takeover
Nationwide Building Society customers were unable to send or receive payments for much of Friday morning (22 March).
According to the BBC, customers reported that...
Nationwide unveils full £2.9bn takeover plan for Virgin Money
Nationwide Chairman Kevin Parry has confirmed a planned £2.9bn takeover of Virgin Money in a significant expansion of the company’s omnichannel banking presence.
A potential...
Nationwide eyes up Virgin Money acquisition in UK banking shakeup
Nationwide is considering a buyout of Virgin Money in pursuit of a more diverse financial and banking offering according to the building society’s Chairman,...
Ex-Virgin Money CEO joins Ozone API as Chair Boardmember
Dame Jayne-Anne Gadhia, former CEO of Virgin Money, has become Chair of the Board at Open Banking platform Ozone API.
Gadhia’s experience in financial services...
Virgin Money buys out abrdn in investments venture
Virgin Money has announced it is set to purchase abrdn’s 50% stake in the duo’s joint venture, ‘Virgin Money Investments’.
As per the agreed terms,...
Temenos banking cloud software powers over 4M Bank of Queensland transactions
Temenos has announced that since implementing its banking cloud service to the Bank of Queensland (BOQ), it has completed over 4m transactions on the...
Virgin Money’s BNPL move ‘indicative of traditional incumbents entering uncharted territory’
The expansion of Virgin Money into the Buy Now Pay Later sector is a key moment for the industry, according to PPRO’s James Booth.
After...
Virgin Money launches new competition into the BNPL market
Virgin Money is entering the BNPL space announcing its new credit card, Virgin Money Slyce, aiming to allow customers to ‘buy now, pay better’.
Virgin...
SurePay elevates support for Virgin Money
SurePay has bolstered its backing for Virgin Money through the implementation of its UK Confirmation of Payee solution.
The expansion is focused on protecting consumers...
Virgin Money tightens up security via the CRM code
Virgin Money is set to strengthen its security from scams by adopting the Contingent Reimbursement Model Code (CRM code).
The CRM code sets out to...