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Banking

Santander launches new mobile banking app for students

Santander UK has launched an innovative new mobile banking service which is set to transform the way its customers can keep track of their everyday finances and spending.

A fifth of current account switchers choose Halifax

One year on from the launch of the Current Account Switching Service (CASS), official figures released confirm that over one million people have switched their current account using the new system, with around a fifth of these choosing to bank with Halifax.

The Top 15 student money mistakes - current undergrads 'fess-up'

A new survey looking at how undergraduates are managing their finances reveals that only 53% of students think that they are managing their money well; with nearly one in five (19%) saying they are seriously worried about their financial situation.

Interest rates driving current account switching

One year on from the introduction of the Current Account Switching Guarantee, MoneySuperMarket reveals the main factors incentivising customers to switch their current account.

Brits hoarding almost £3 billion in leftover holiday money

With summer holidays drawing to an end, many Brits are left feeling blue and cash-poor. But research by peer-to-peer lender Zopa has found that there could be a silver lining.

SMEs confident of funding for investment plans

The majority of UK SMEs believe they would be successful if they applied for a bank loan to fund their investment plans, with three in five feeling confident they would be accepted, according to new research by Clydesdale and Yorkshire Banks.

What’s the alternative? SMEs miss out on new funding options

New research from Aviva reveals that SMEs may be missing out on new funding options due to a lack of awareness and understanding.

M&S Bank £125 current account switching incentive exclusively through MoneySuperMarket

From Monday 1st September consumers looking to take out the M&S Bank current account can pocket a £125 M&S gift card when they switch their current account exclusively through MoneySuperMarket.

Foreign professionals add £210billion boost to the UK economy

Inward talent is making an increasingly important contribution to the UK’s professional workforce and helps the economy prosper according to research by Lloyds Bank.

Women try on 1,340 shoes but only change their bank account once

Unsurprisingly, the overwhelming majority of women (91%) consider looking after their finances to be more important than buying a new pair of shoes (4%).

Caxton FX looks at the new top four currencies you should be buying now

With the announcement that the UK economy is growing at its fastest pace in six years, Caxton FX, a leading international payments company and currency card provider has seen an increase in consumers sending money abroad or purchasing currencies outside of the EU.

New fee structure for Clydesdale and Yorkshire Banks current account customers

Customers of Clydesdale and Yorkshire Banks will start receiving notification of new fee structures for personal current accounts.

Four in ten more likely to bank with a new entrant than a year ago

New research from uSwitch.com, the independent price comparison and switching service, reveals that the wave of new entrants to the banking sector has created even more appetite amongst consumers for an alternative to the high street banks, as four in ten (40%) are now more likely to bank with a new entrant than a year ago.

HSBC offers new Advance account with no monthly fee

HSBC announces that from 10 November 2014 it will be offering a new Advance bank account which will have no monthly account fee. In addition, over 1.3 million existing HSBC bank account holders, who pay a minimum of £1,750 into their account each month, will be automatically upgraded to the new Advance account.

Women more confused by financial jargon, in comparison to their male counterparts

Banks/building societies are at risk of bombarding customers with too much financial jargon – potentially losing their custom to a competitor because they simply don’t understand the language used by them, according to new research.