Banking News

Nationwide welcomes FSA's 'What About Money' website

Maxine Taylor, corporate affairs director at Nationwide Building Society, comments on the launch of the Financial Services Authority's new website, 'What About Money' which provides personal finance advice to young adults.

Brits in the dark about level of debt

As a nation, we're in the dark about our finances, according to new research released by CreditExpert.co.uk.

FSA launches money website for young adults

The Financial Services Authority (FSA) has today launched a new website designed to be a one-stop-money-information-shop for young adults and forms part of the watchdog's National Strategy for Financial Capability.

Cash ISAs lead the way in record April savings inflow

The highest ever monthly inflow to building society cash ISA accounts contributed to a record April savings inflow for societies of £1.8 billion, according to the Buildings Societies Association (BSA).

Faster Payments Service debut payments pass £200 million mark

APACS has announced the volume and value figures for the first three days' operation of the new Faster Payments Service, launched on Tuesday 27th May.

Don't be a victim - protect your identity

Whether your house is burgled or your bag is stolen from a bar, being a victim of crime is a trauma. Increasingly it can also become an experience that casts a shadow into the future, with the criminal typically targeting identity documents as well as watches, jewellery and electronic equipment.

M&S introducing euro and dollar cash machines in 40 stores

Commenting on M&S introducing euro and dollar cash machines in 40 stores, Steve Willey, head of travel money at price comparison site moneysupermarket.com, said: "This is a good move by M&S which brings great convenience to its customer base as the summer holiday season approaches.

FSA considers poor service league table for banks

Commenting on the FSA considering producing a poor service league table on banks, Kevin Mountford, head of current accounts at price comparison site moneysupermarket.com, said: "Customer service is an important factor for consumers choosing a financial product and, in particular, a bank account.

Euro & Dollar cash machines now at M&S stores

M&S Money is making it even easier for holiday makers to get their travel money this summer with the launch of cash machines which dispense both euros and dollars in 40 M&S stores.

Customers split as OFT case goes into extra time

Nearly one in three customers would prefer banks continuing to impose unauthorised overdraft charges of up to £30 a time if it means that current accounts remain free, new research for MoneyExpert.com shows.

Faster Payments Service now live

Payments industry marks opening of new service with £10,000 donation to Myanmar (Burma) Cyclone Appeal.

Desire for financial independence is increasing by generation

The traditional role of the ‘male breadwinner' is losing relevance to today's society, according to new research from private bank Cater Allen. Women in particular believe that men no longer need to be the ‘sole wage earner', and are becoming more eager for self-sufficiency.