Online Banking
Online banking users urged to take care
It’s a simple case of Mouse to Mayhem when the growing trend to shift money online has led to the next generation of theft that could cost 20 million online banking users a staggering £439m, and not even the Ombudsman can help get it back.
Leeds online easy access account paying 3.05%
Leeds Building Society has re-launched its easy access online account paying a variable rate of 3.05%, combined with unlimited withdrawals at any time without notice or penalty.
NatWest and RBS lead in protecting online banking customers
NatWest and RBS have become the first of the UK's high street banks to introduce a leading online security solution to protect their online banking customers.
Figures prove the need for online caution
The dangers of internet scams are highlighted by the disturbing 207% rise in the number of facility takeover frauds recorded by Members of CIFAS - the UK's Fraud Prevention Service.
PayPal urges Brits to beat phishers and 'get safe online'
As Get Safe Online Week 2008 (17th-21st November) draws to a close new research from PayPal, the way to pay and be paid online, reveals that half of Britons (50%) who shop online are concerned about protecting their details online and avoiding fraud or identity theft (49%).
Online banking going mobile
Moneybookers, one of Europe’s largest online payment systems, and Clickatell, leading provider of global mobile messaging solutions, have announced a partnership to offer mobile SMS alerts on transactions for over 5 million eWallet customers.
Cyber crime soars with rise of online banking
As the latest banking industry figures report a leap in the number of UK adults banking and using credit cards online, financial data analyst Moneynet.co.uk warns that fraudsters are becoming ever more determined to perpetrate cyberspace raids on personal finances.
moneysupermarket.com: UK online banking figures
Commenting on figures showing the number of people in the UK banking online has increased to 21 million, Kevin Mountford, head of current accounts at moneysupermarket.com, said: "Clearly there is demand for online day-to-day banking services and this is being heavily pushed by most banks as it greatly cuts their operational costs.
Over half of all internet users now bank online
The number of adults using online banking has increased by 505% in the past seven years from less than 3.5 million in 2000 to just over 21 million last year, according to APACS, the UK payments association.
Online banking more popular than social networking
The credit crunch is turning Britain into a nation of ‘money-surfing experts' according to the latest research from online bank cahoot. Indeed, the findings show that 38 million Brits have managed their finances online - either at home or at work.
Internet banking still has a strong future
Jim Spowart, the chairman of Peopleschampion.com, speaking on BBC Radio Five Live and the Today Programme today (19 Sept), says internet bank is still a viable way to deal with customers’ money.
Online banking usage amongst over 55s up fourfold
In the past five years the greatest proportion of new internet banking users are in the over-55 age group, according to APACS, the UK payments association.
Red reminders to be shown the red card
Two thirds (66 per cent) of Britons have received a ‘red reminder’ for payment of their bills with 63 per cent blaming forgetfulness new research from Lloyds TSB Internet banking reveals.
Banks and financial businesses still lack innovation on the web
The internet banking pioneer Jim Spowart says that 10 years after the arrival of internet banking, the UK’s bank and financial companies lack a clear vision of where to go next.
APACS marks 10th anniversary of online banking
This week APACS, the UK payments association, marks the 10th anniversary of online banking in the UK (27 May 2007) - a significant milestone in the evolution of UK banking and payments.