Banking News
Fight against money laundering goes online
A new weapon in the finance industry's armoury to defeat money laundering terrorist financing goes online with the publication of the British Bankers' Association's latest Reporting Officer's Reference Guide.
Barclays to offer free online security software to all its customers
Barclays has become the first UK bank to offer all its two million online banking customers free internet security software covering not only anti-virus software but also spyware, adware, firewalls, parental controls and spam filters.
Firms urged to intensify efforts to treat customers fairly
The Financial Services Authority (FSA) has published its latest update on firms' progress towards the December deadline for demonstrating that they are consistently treating their customers fairly.
Savings remain high
Building societies' excellent performance in the savings market continued in May, with societies attracting savings inflows of £853 million, the highest May figure since 2002, according to the Building Societies Association (BSA).
Leeds opens savings operation in Ireland
Leeds Building Society will become the first UK building society to open a Euro deposit taking operation in Ireland on 1 July.
Bradford and Bingley placed on Amber Top by IVIS
The Institutional Voting Information Service (IVIS), operated by the ABI, has today placed an "amber top" on the amended rights issue by Bradford & Bingley and proposed sale of a 23 per cent stake to TPG.
Brits fearful over ‘contactless’ cards
Brits are fearful that the introduction of ‘contactless’ payment will mean they are at greater risk from criminals and fraudsters. 77% of people polled in a survey released today think it will make it easier for criminals to spend money on lost and stolen cards.
Cash machines at Tesco are donating to Marie Curie Cancer Care
Tesco Personal Finance has launched a new way to help the Tesco Charity of the Year, Marie Curie Cancer Care. From 26 June 2008 to 28 February 2009, every time customers use a cash machine at Tesco, a donation will be made to the charity.
Cheshire Building Society wins six prestigious industry awards
Cheshire Building Society has picked up a number of prestigious awards recently, including the Moneyfacts' Best Short-Term Fixed Rate Mortgage Provider award, What Mortgage's Best Fixed Rate Mortgage award and the Best Fixed Rate Mortgage at the Moneywise Awards.
Prepare your finances for the trip of a lifetime
With exam season drawing to a close, students considering a gap year can put some simple financial steps in place now to help make their money for the trip last longer.
Finance for football fanatics
Michelle Slade, analyst at Moneyfacts.co.uk, comments: "Euro 2008 is heading towards its climax and football fans everywhere are starting to look forward to the start of the 2008/09 football season.
What's a vote worth?
For the third consecutive year, Nationwide Building Society plans to make a donation for votes cast in its AGM. This year the Society will contribute 20 pence per vote cast and is aiming to raise £250,000 to help, its flagship charity, Macmillan Cancer Support.
NatWest launches 2008 student package
NatWest, the ‘No1 Bank for 1st Year Students' for the 4th year running this week launches its 2008 Student Package offering both competitive financial benefits and market leading incentives including the very popular 5-Year 16-25 Railcard, worth £120.
Lloyds TSB aims to reunite customers with over £69 million
Lloyds TSB is has announced a nationwide drive to reunite customers with approximately £69 million held in over 120,000 unused savings accounts, commercial accounts and personal current accounts.
Cahoot and John Lewis Partnership pick up Which? Awards
The ‘big five' high street banks missed out today at the second annual Which? awards, with online bank Cahoot picking up the award for Best Current Account and The John Lewis Partnership winning Best Credit Card Provider.