UK Finance

146 results about this entity

Period: 02 Jan 2002 - 17 Sep 2024

Apply Cancel
UK banks to publish financial comparison data in bid to drive up service standards

UK banks to publish financial comparison data in bid to drive up service standards

UK banks will have to inform customers about the quality of service on their websites and in branches, including how often the firm has had to report operational and security incidents and the level of complaints lodged, under new financial comparison rules introduced by the Financial Conduct Authority.

Debit cards overtake cash payments in the UK

Debit cards overtake cash payments in the UK

Debit card payments have overtaken cash in the UK for the first time, spurred by the rising popularity of contactless and online shopping.

Digital banking transformation creating new systemic risks

Digital banking transformation creating new systemic risks

Digital banking transformation programmes are creating a new wave of operational and systemic risks for which the industry is ill-prepared, warns UK Finance.

APP scam data published for first time

APP scam data published for first time

UK consumers lost £236 million to authorised push payment scams in 2017, the first year that Britain's banks have reported data on the fraudulent activity, in which bank customers are duped into transferring cash to criminal accounts.

UK financial fraud losses dip eight percent in H1

Financial fraud losses of £366.4 million in the first half of 2017 were 8 per cent lower year-on-year, figures from UK Finance show.

Uneasy sits the crown as cash use continues decline

Uneasy sits the crown as cash use continues decline

The numbers of people using cash to pay for everyday purchases in the UK declined by 11% over the past year as growth in contactless card use accelerated.

UK Finance opens for business

UK Finance opens for business

UK Finance, a new mega-trade body representing over 300 firms in the UK, opens for business today, taking on the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and The UK Cards Association.

UK banking app transaction numbers soar

UK banking app transaction numbers soar

Brits are increasingly relying on banking applications to manage their money, with nearly 40% of adults using apps in 2016 and transactions rising by 57% during the year.

Apps crush internet for UK banking logins

Apps crush internet for UK banking logins

The number of internet banking logins made by Brits each day fell last year, as customers continued to migrate to apps, BBA research shows.

BBA launches review into branch closure protocol

BBA launches review into branch closure protocol

With many of its members closing large numbers of branches, trade association the British Banking Association is launching an independent review into the protocol on minimising the impact of closures on customers.

UK banks propose merger of five trade associations to create single super lobby

UK banks propose merger of five trade associations to create single super lobby

UK financial sector trade associations the British Bankers’ Association, the Council of Mortgage Lenders, Payments UK and the UK Cards Association could be brought together to create a single umbrella organisation for the industry under proposals put forward by a bank-backed review body.

Tagetik becomes British Bankers' Association associate member

Tagetik, a visionary leader in global performance management software solutions, today announced it has become an associate member of the British Bankers’ Association (BBA).

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept