Banking
Free to use ATM initiative reaches almost 500 UK communities
Following NatWest and RBS’ commitment to install 300 free to use ATMs, interest has surpassed expectations and over 460 machines have been secured or installed for lower income, under-served and remote areas across the UK.
Alliance & Leicester to launch current account for over 50s
Alliance & Leicester has announced the launch of Premier 50, a new current account designed to appeal to the over 50s – which includes a table topping credit interest rate of 7% AER
Nationwide campaign to reunite savers with forgotten dormant accounts
Commenting on the Nationwide Building Society campaign to reunite savers with forgotten dormant accounts, Kevin Mountford, head of savings and current accounts at price comparison site moneysupermarket.com, said:
Fraud trends continue upwards
At the end of the third quarter of 2007, data provided by Members of CIFAS – The UK’s Fraud Prevention Service, continued to give cause for concern.
Campaign launched to reunite customers with unclaimed assets
Nationwide Building Society, the UK’s second largest savings provider, has announced that it will be launching a campaign to reunite its customers with money held in unused accounts with the Society.
Financial bovver needn’t be the Ender the world
Eastenders’ much-loved landlady Peggy Mitchell isn’t the only one facing financial ‘bovver’ - everyday 2,750 County Court Judgments are issued in the UK and it is estimated that 8.2m British adults are in now serious debt.
Alliance & Leicester launches e-welcome pack for intermediaries
Alliance & Leicester has launched a new e-welcome pack for intermediaries in a bid to ensure they receive a comprehensive introduction to the company.
Banking lessons go online with BBA e-learning
Bank staff aiming to sharpen their skills to combat money laundering and to follow the Banking Code are increasingly learning at their desks using British Bankers’ Association online training.
The way we pay in Great Britain
APACS, the UK payments association, has published a new set of online guides looking at the payment habits of adults in every region of Britain. Payment Regions examines the statistics to draw comparisons between different parts of the country and identify some of the national and regional trends in payments.
Offshore savings rates regain some appeal – but are savings safe!
Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: “In the wake of the onshore savings rate war, first in the fixed rate market and subsequently with variable rate products, the offshore market has stolen the march in the last week, offering rates to win the battle hands down.
FSCS can help consumers claim up to £48k in compensation
Consumers can claim compensation of up to £48,000 if they have lost money as a result of their dealings with any one of 45 firms that the Financial Services Compensation Scheme (FSCS) has recently declared in default.
Slow to save expats want the best offshore savings deal
Over two thirds of expatriates (70%) do not prepare themselves financially when they first move abroad, as only 30% set up an offshore savings account, according to new research by the offshore savings bank Alliance & Leicester International Limited (ALIL).
BSA welcomes Government response on unclaimed assets
Commenting on the Government's response to the Treasury Select Committee's report on unclaimed assets, published today, Adrian Coles, Director-General of the BSA said: "The Government has today reaffirmed its commitment to a voluntary unclaimed assets scheme with a definition of 15 years of no customer activity.
Banking customers advised to go online
As the country prepares for the latest round of postal strike misery – an unofficial strike by some workers - Fairinvestment.co.uk advises bank account holders to take advantage of online banking to keep abreast of their finances as bills, invoices; bank and credit card statements go undelivered.
Police get tough on fraud in dawn raids across UK
Dawn raids by more than 20 police forces across the UK took place on Thursday and Friday in a special identity fraud-busting operation.