UK Finance

149 results about this entity

Period: 02 Jan 2002 - 05 Nov 2024

/crime

Money mule recruiters targeting 'Generation Covid'

Money mule recruiters are posting fake adverts on job websites and social media to lure in young people looking for work or easy money during the Covid-19 pandemic, say UK Finance and Cifas.

/regulation

Competition watchdog launches consultation on future of Open Banking in the UK

The Competition and Markets Authority (CMA) has launched a consultation on the future governance of Open Banking in the UK.

/retail

UK Finance sets out future model for Open Banking

Banking industry trade body UK Finance has set out detailed proposals for a new service company to replace the Open Banking Implementation Entity.

/payments

Banks push for UK to increase contactless limit to £100

In the wake of Brexit, banks are pushing the UK government to increase the contactless payments limit to £100, breaking with an EU cap of £45.

/payments

Contactless payments accounted for 62% of all UK debit card transactions in August

Data published today by UK Finance reveals that contactless payments by debit card reached record levels in August, accounting for 62 per cent of all debit card transactions.

/people

UK Finance names David Postings as new CEO

UK Finance today announces the appointment of David Postings as its new Chief Executive.

/people

UK Finance names David Postings chief executive

UK Finance today announces the appointment of David Postings as its new Chief Executive.

/security

UK sees sharp rise in impersonation scams as crooks exploit Covid-19

Bank trade association UK Finance is urging people to be aware of criminals exploiting Covid-19 after figures revealed a sharp rise in impersonation scams in the first half of the year.

/security

Police and banks to extend fraud prevention scheme to online and telephone banking

The Banking Protocol, a UK-wide scheme that enables bank branch staff to alert their local police force when they suspect a customer is being scammed, it to be extended to cover attempted bank transfers made by customers through telephone and online banking.

/payments

UK lenders provide over one million payment deferrals on credit cards

Lenders have provided over one million payment deferrals on credit cards to help customers whose finances have been affected by Covid-19 over the past three months, according to figures published today by UK Finance.

/payments

UK Finance: Credit card spending fell 50 per cent in first month of lockdown

The value of credit card transactions in April dropped to £8.7 billion, half the value compared to April 2019, UK Finance data reveals.

/sustainable

Banking industry welcomes recommendations for ‘just transition’ to net-zero carbon emissions

The banking and finance industry today welcomes a new report which sets out how the sector can work together to drive an environmentally sustainable economic recovery and deliver a just transition to net zero.