Banking
Halifax named most parent friendly bank
Halifax has been voted Most Parent Friendly Bank for the fourth year running in the 2007 Tommy's Parent Friendly Awards.
Place your bets for base rate roulette
With borrowers on tenterhooks next week before they find out whether the cost of their mortgage is going to increase, Legal & General takes a look at the likelihood of a Base Rate change in any given month.
New rules for reporting card, cheque and online banking fraud
This Sunday 1 April 2007, new procedures come into effect in England, Wales and Northern Ireland which means that banks and financial institutions become the first point of contact for cheque, plastic card and online fraud offences.
Alliance & Leicester Commercial Bank funds 60,000th vehicle
Alliance & Leicester Commercial Bank has announced that it has funded its 60,000th vehicle and has doubled the number of fleet vehicles it financed in the last eighteen months.
OFT bank charges
Commenting on the announcement that the OFT is to launch a formal investigation into bank charges Stuart Glendinning, managing director at moneysupermarket.com, said:
PayPal launches new all-in-one payments solution
PayPal UK has announced the launch of Website Payments Pro, a new product that helps UK businesses of any size to accept online payments conveniently, cost-effectively and securely. Website Payments Pro enables merchants to offer a more controlled and streamlined buyer experience as the payment flow can occur directly on the merchant’s website.
Threats to free banking have delayed OFT ruling
The Office of Fair Trading’s delay on announcing limits on bank charges is an acknowledgement that a clampdown on fees could mean an end to free banking for all, leading financial research company Defaqto believes.
uSwitch.com: OFT's announcement of an 'in depth study' into bank charges
Following the Office of Fair Trading’s (OFT’s) announcement of an ‘in depth study’ into bank charges today, Nick White, Director of Financial Services at independent price comparison and switching website uSwitch.com, comments:
NCC welcomes financial inclusion strategy
NCC welcomes government’s launch of its Financial Inclusion strategy as a next step in tackling the 2 million adults who still do not have access to a bank account, and supports additional measures to increase affordable credit, promote Christmas savings schemes and protect low-income savers.
Yorkshire Building Society expands its web services
Yorkshire Building Society has announced two new services available via its website.
New look for Halifax online banking
Halifax has re-launched its online banking website, halifax-online.co.uk, with enhanced features and new services.
Current accounts - an alternative home for your savings
Andrew Hagger, head of news and press at Moneyfacts.co.uk, comments: “Over the last couple of years we’ve seen the emergence of more current accounts offering high credit interest rates, some of which are on a par with the top paying savings accounts.
PayPal announces nearly 35 million accounts in Europe
PayPal announced today that it has nearly 35 million accounts in Europe. This milestone demonstrates the growing popularity of PayPal among internet consumers and merchants across Europe.
Banks' commitment to financial inclusion continues
The BBA continues to highlight the banking sector’s commitment to increasing the number of consumers being provided with access to the financial system.
Ed Balls publishes document on unclaimed asset scheme
The Economic Secretary, Ed Balls, today launched a consultation document on proposals to introduce an unclaimed assets scheme in the UK, in order to allow money in dormant bank and building society accounts to be reinvested in society, without taking away consumers' rights to reclaim their money.