Banking

Britannia scores with launch of football-linked current accounts

The Co-operative Bank and Britannia this week launched a duo of exclusive current accounts in partnership with Premier League football clubs.

Fraud losses drop on UK cards, cheques and online banking

New figures released show that banking industry initiatives are successfully keeping the fraudsters away from customers' cards and bank accounts. Fraud losses on UK cards, cheques and online banking all fell in 2010 compared with 2009.

Great expat-tations

Expats living abroad move away from the UK for a better quality of life - and get it, according to the new Happiness Index from Post Office International Payments.

Triodos passes £500m milestone in lending and commitments

Ethical and sustainable bank Triodos announced its UK lending and commitments has reached a significant milestone, passing through half a billion pounds (£500m) in lending and commitments.

HSBC reveals new internet banking security device

HSBC Bank is sending all personal internet banking customers a new device which will add an extra layer of security when accessing their accounts online.

moneysupermarket.com - new current account launches

Commenting on the launch of two new current accounts - the Preferred Current Account and Everyday Current Account from Santander, Kevin Mountford, head of banking at moneysupermarket.com said: "The move by Santander to offer a daily monetary cost rather than an interest rate offer on overdrafts is not surprising given Alliance & Leicester had the same overdraft structure.

Santander to launch two new current accounts

The Preferred Current Account will pay 5 per cent in-credit interest rate on balances up to £2,500, plus a free arranged overdraft for 12 months when customers switch their main account to Santander.

Currency card usage reveals half-term holiday favourites

The US, Ireland and Thailand were the big winners with UK holidaymakers this half-term, according to leading pre-paid MasterCard provider Escape Travel Money.

Sainsbury's Gold Card offers free overseas cash withdrawals

Around 380,000 Brits will withdraw the equivalent of £236.4 million in foreign currency over next week's half-term break, according to analysis from Sainsbury's Credit Cards.

Bank complaints handling continue to let down customers

Three quarters of customers with a grievance against their bank make a complaint, but fewer than half of those who complain (47 per cent) are happy with the response they receive, according to new Consumer Focus research.

Santander financing deal for the studios, MediaCityUK

Santander Corporate Banking has announced its agreement of a £22 million financing deal with Peel Media, developers of MediaCityUK.

Abbey International reduces minimum balance for Fixed Deposit Contracts

Abbey International, the Jersey based offshore bank has reduced the minimum balance requirement on its 12 and 18 month Fixed Deposit Contracts to £50,000, making these popular accounts significantly more accessible to a wider audience of offshore clients.