UK Finance

146 results about this entity

Period: 02 Jan 2002 - 17 Sep 2024

BBA appoints first female chair

Noreen Doyle has today been appointed as the new BBA Chair.

Banking by mobile overtakes branch interactions - BBA

Banking by smartphone and tablet has become the leading way customers manage their finances, as mobile banking overtakes branches and the internet as the most popular way to bank, according to the British Banking Association.

BBA defends banks over data breach report rise

A Freedom of Information request to the Information Commissioner's Office (ICO) has uncovered a 183% rise in reported Data Protection Act breach investigations within the UK financial services industry in the last two years.

UK banks agree protocol on branch closures

British banks will have to provide 12 weeks' notice of branch closures and publish assessments of the impact on customers, under a new protocol to be published this week. However, the agreement is unlikely to slow the rush to cut expensive branch networks, stressing that closures are ultimately commercial decisions.

Banking has reached a digital tipping point BBA warns

Banks must concentrate on harnessing a range of digital technologies or risk losing customers to a new wave of competitors, according to a report by the British Bankers Association (BBA) and Accenture.

UK silver surfers topping banks' online and mobile growth charts

UK banks are experiencing faster growth rates for digital services by customers in the 70s and 80s, according to the latest data from the British Bankers Association.

Regulate bitcoin, but leave the blockchain alone say banking trade bodies

The British Bankers Association and the Payments Council have called for the Government to take a 'light touch' to regulation of the underlying bitcoin blockchain technology, which they say has the potential to fundamentally change the way financial assets are transferred.

Competition watchdog to investigate UK current account and SME banking market

The UK's Competition and Markets Authority is to launch a full-scale investigation into personal current accounts and SME banking, following a three month consultation exercise.

BBA to develop financial crime alert system; EBF signs MoU with Interpol

The British Banking Association is working with BAE Systems Applied Intelligence to develop a financial crime alert system that will see 12 government and law enforcement agencies warn banks of the latest threats to their integrity.

Many Brits still not banking online - ONS stats

Little more than half of Brits have used Internet banking in the last three months, according to data from the Office of National Statistics (ONS).

BBA ponders Payments Council merger - Sky News

The British Bankers' Association (BBA) is investigating a merger with the Payments Council and the UK Card Association, according to Sky News.

Branches on the precipice as Brits embrace digital banking

Mobile and internet banking is now being used for transactions worth nearly £1 billion a day in the UK, hastening the decline of the traditional bank branch, according to new data from the British Bankers Association.