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Summer socialising leads to £148 million in unpaid IOUs

A third (34%) of young people expect to be out of pocket by an average of £64 each over the summer due to lending money to friends who don’t pay them back.

Barclays announces mobile payments to India through Pingit service

Barclays reveals the launch of a new function allowing mobile payments to India through its Pingit mobile payments service in the UK, opening it up to the largest remittance market between the UK and another country.

Paym reaches one million registrations

More than one million people have registered with their bank or building society for Paym, the new secure way to pay using just a mobile number, since the service launched in April this year.

Nationwide’s mobile app creates saving spree

New features on Nationwide Building Society’s top rated mobile banking app are enabling customers to manage their money and save the pounds.

Lloyds Bank releases new features on leading app for mobile banking

Lloyds Bank has introduced a new range of features for the bank’s secure and easy to use Mobile Banking app on handheld devices.

first direct launches Windows 8 version of ‘Banking on the Go’ app

first direct has launched a Windows 8 phone version of its ‘Banking on the Go’ mobile app.

Quarter of Brits admit to sharing their online banking login details

A quarter of online banking customers in the UK admit to sharing their login details with another person, with one in five (19.2%) giving this information to their partner, new research has found.

Online mortgage applications set to double

Nearly one in six homeowners applied for their current mortgage online (16%) and this is set to double, with 33% saying they are likely to apply for their next mortgage online, according to latest research from HSBC.

Mobile payments gain momentum with launch of Paym

Commenting on the launch of the new mobile payment system, Paym, Ernest Doku, telecoms expert at uSwitch.com, says:

Mobile payments service ‘Paym’ to launch this month

From the 29th of April 2014 consumers will be able to use their mobile phones to make bank payments via the new Paym service.

Two out of five are banking on the phone

More than two out of five bank customers are using their smartphone to check balances and transfer funds, a new study from independent research firm Consumer Intelligence shows.

Nationwide and Zapp join forces to deliver new mobile payments technology

Nationwide Building Society has partnered with Zapp to develop a new and innovative mobile payment service for its five million current account customers.

New campaign urges people to be 'Cyber Streetwise'

A new campaign to change the way people protect themselves while shopping or banking online in order to avoid falling victim to cyber criminals is being launched today by the government.

Bank is all apps and ears

Clydesdale and Yorkshire Banks have launched both Apple and Android mobile banking apps as part of a series of measures to support and listen to its customers.

HSBC launches new Mobile Banking app

HSBC has launched a new Mobile Banking app for customers, available now on iOS and Android devices*.