Co-operative Bank Plc - News, Articles & Research

Co-op Bank glitch hits business customers after payments taken twice

The Co-op Bank hs apologised to customers after a computer glitch resulted in duplicate transactions, pushing some small business owners into their overdrafts.

12 June 2024

Company announcement/security

Which? calls out TSB and the Co-operative Bank for lax mobile security

Weaknesses in some banks’ security could leave customers exposed to scammers, a new Which? investigation has found, as the consumer champion rates the best and worst firms for keeping customers safe.

24 April 2024

Company announcement/retail

Moneyhub first to add Co-op Bank, Smile Bank and Kroo Bank open banking connections

Moneyhub, the market-leading data and payments platform, has today announced it has become the first third-party provider (TPP) to connect to Co-op Bank, Smile Bank and Kroo Bank.

23 January 2024

Company announcement/identity

The Co-operative Bank selects Onfido to automate customer onboarding

Onfido, the leading global provider of automated digital identity verification, today announced a partnership with The Co-operative Bank, the original ethical bank, enabling a streamlined, secure digital identity verification for its new customers.

29 March 2023

News/retail

Co-operative bank leads race to acquire Sainsbury's mortgage book - Sky News

The Co-operative bank is reportedly the frontrunner in the bidding process for the £650 million mortgage loan book of supermarket chain Sainsbury's, heralding a turnaround in the fortunes of the once distressed lender.

21 February 2023

News/people

Co-op Bank poaches Nationwide CIO Delooze

The Co-operative bank has poached Nationwide's CIO Gary Delooze as its new chief information officer.

24 January 2023

News/cloud

Co-operative Bank shifts treasury operations to the cloud

The UK's Co-operative Bank is to migrate its treasury operations to the cloud, utilising Finastra's Kondor platform running on Microsoft Azure.

03 August 2022

News/wholesale

Co-op Bank invests in Bankifi

The Co-operative Bank has invested £500,000 in Manchester-based fintech Bankifi as part of a major co-development deal.

30 November 2021

Company announcement/payments

BankiFi debuts incoming request to pay app in association with the Co-operative Bank

Banking technology platform provider BankiFi, in association with The Co-operative Bank, has launched a new Request to Pay (RTP) service: Incomeing.

19 May 2021

Company announcement

Co-op Bank acquisition talks fall through

The Co-operative Bank plc (the Bank) and/or its ultimate shareholders from time to time attract approaches regarding the possibility of acquiring the Bank, given the progress made in its turnaround and strength of its brand.

21 December 2020

News/retail

Co-op Bank to slash 350 jobs, close branches

The UK's Co-operative Bank is to shed 350 jobs and close 18 branches in a bid to cut costs in the face of the ongoing Coronavirus pandemic and low base rates.

25 August 2020

News/retail

Challengers beat incumbents on account opening experience

Many of the UK's leading high street banks have fallen behind their upstart digital rivals when it comes to making it easy and fast to open an account, suggests a review of 12 players' user experience.

25 May 2020