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Banking News

Post Office becomes the biggest accepter of contactless payment in Europe

Post Office is leading the way in payment technology with today's announcement that it has installed contactless payment terminals across 30,000 counter positions in its unrivalled network of over 11,500 branches across the UK.

Metro Bank drives the banking revolution in Slough

Metro Bank continues its fast paced expansion with the grand opening of its 18th store in Slough, its first with a drive-thru facility, on Friday 3rd and Saturday 4th May.

Brits still wary of contactless payments

Large numbers of Brits remain wary of new payment technologies, with one in four saying they find the idea of contactless payments scary, according to research from Gocompare.com.

Nationwide brings mutuality to heart of London’s square mile

A new era of mutuality has been launched as Nationwide Building Society unveiled a new flagship branch in the traditional heartland of banking.

Metro Bank opens 17th store in Guildford

Metro Bank continues its expansion this week with the opening of its 17th store in Guildford, Surrey. To mark the opening, the UK's most revolutionary bank will be holding two days of celebrations on Friday 19th and Saturday 20th April.

LINK invites consumers to suggest where ATMs are needed

LINK has launched a simple way for consumers to suggest new sites for cash machines online.

Top financial tips for people with dementia

Lloyds Banking Group has launched a set of money management tips for people with dementia and their carers to kick-start their two year charity partnership with Alzheimer's Society and Alzheimer Scotland.

FSA's breaks for new banks could pave way for smaller players

New entrants to the banking sector could be given special breaks from tough regulation following new proposals announced by the Financial Services Authority boss Lord Turner.

3 million transactions for new Nationwide favourites function

Nationwide Building Society announces it has 3 milllion transactions for its new ‘favourites' ATM function to save its customers time.

A bank complaint made every seven seconds

Official figures from the Financial Services Authority (FSA) show that Britain’s biggest banks received a complaint every seven seconds between January and June, the largest number of complaints to date, says claims company PPI Reclaims.

Consumer faith in UK banking industry continues to fall

Consumer faith in UK banking industry continues to fall

Scandals involving the UK Banking industry have caused consumer faith to plummet – that’s according to the latest report which has revealed nose-diving levels of trust towards UK banks.

Don't give a fraudster a gift this Christmas

With fraud against individuals estimated to cost around £6.1 billion a year in the UK, Barclays is urging customers to take precautions to avoid becoming a victim this Christmas.

Happy 40th Birthday to the modern day cash machine

Forty years ago on the 11 December 1972, Lloyds TSB in Brentwood, Essex introduced the world's first computerised cash machine that allowed customers self-service access to their account.

Green bank opens for business

Business Secretary Vince Cable has declared the UK Green Investment Bank plc (UK GIB) officially open for business and announced two new investments.

The Co-op relaunches membership points scheme

The Co-operative is relaunching its membership points scheme for banking and insurance products, offering members greater rewards for their loyalty.