Banking

moneysupermarket.com: Changes to the Banking Code

Commenting on the forthcoming changes to the UK Banking Code from March 2008, Kevin Mountford, head of savings and current accounts at price comparison site moneysupermarket.com, said: "This is all excellent news for consumers, many of whom have been at the mercy of big institutions for too long.

New Banking Code ensures fair deal for customers

Bank and building society customers will benefit from changes to be introduced following a wide ranging independent review of the Banking and Business Banking Codes.

Skipton offers free security checks for child benefit accounts

Savers with Skipton Building Society, whose account details have been compromised by the loss of two computer disks by HMRC, are being given the chance to take positive steps to protect their money.

Top tips to protect yourself from ID fraudsters

It takes just a few minutes a month to protect your bank account and help save yourself from falling victim to identity thieves – a worthwhile investment, both for your finances and for peace of mind.

Government must back help centre for victims of ID theft

As the potential scale and impact of the lost database disaster dawns on the nation’s families, the National Consumer Council (NCC) today calls on the government to take full responsibility for its irresponsibility - by backing a one-stop help centre for the victims of ID theft.

RBS plans to pioneer mobile phone debit payments

The Royal Bank of Scotland announces plans to become the first British Bank to pioneer Mobile Phone debit payments in the UK using Maestro PayPass.

CreditExpert: HMRC personal data loss

As you’re probably aware, HMRC revealed the loss of information containing details of all Child Benefit recipients - records for 25 million individuals and 7.25 million families.

Over one in ten ‘very concerned’ about debts

The number of adults who are very concerned about their ability to manage their debts has risen to over one in every ten people who owe money, new research from MoneyExpert.com reveals.

Growing threat of identity theft

Abi Clark, spokesperson for Prudential Home Insurance comments on the growing threat of identity theft: "As one of the UK's fastest growing crimes, identity theft costs the economy an estimated £1.7 billion a year and causes huge inconvenience to many people.

HMRC loss of computer discs containing child benefit records

Commenting on HM Revenue and Customs' loss of computer discs containing the entire child benefit records of 25 million people, Mike Holliday-Williams said: "This will clearly be a worrying time for many people.

Should you buy identity theft insurance?

Peter Gerrard, head of insurance research at price comparison site moneysupermarket.com, said: “With the shocking news of 25 million people potentially having their personal and banking details in the hands of criminals, consumers need to consider how they can protect themselves.

Government loses 25 million confidential records

Commenting on possibly the most serious breach in UK banking history, Kevin Mountford, head of savings and current accounts at price comparison site moneysupermarket.com, said: "Everyone must take immediate action to take stock of their current finances.