TSB

138 results about this entity

Period: 27 Jan 2014 - 25 Jul 2024

TSB pledges to reimburse all customers who fall victim to fraudsters

TSB has become the first UK bank to pledge to refund customers who fall victim to fraudsters, including authorised push payments scams.

TSB to take technology inhouse after IT meltdown

TSB is discontinuing its contract with Banco Sabadell tech subisidiary Sabis in order to bring its IT responsibilities back inhouse following the badly botched migration to the Spanish bank's platform last year.

Big banks back Bud in $20 million funding round

Open Banking outfit Bud has raised $20 million with the support of Goldman Sachs, HSBC, ANZ, Banco Sabadell and Investec, as well as Lord Fink, the former chief executive of hedge fund Man Group, and 9Yards Capital.

TSB blames losses on IT meltdown

The UK's TSB racked up 105.4 million in pre-tax losses for 2018 as it paid the price for a chaotic IT meltdown which locked customers out of their accounts for several weeks.

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Most UK banks failing to protect online customers with two-factor authentication

UK consumers' association Which? has hit out at much of the banking industry for failing to protect online customers with two-factor authentication (2FA).

TSB's annus horribilis continues

The UK's TSB has rounded off a thoroughly miserable year by locking out two million customers from its online banking service for four hours on Wednesday morning after a maintenance over-run.

TSB appoints new chief after IT fiasco

Embattled UK bank TSB has hired Debbie Crosbie from Yorkshire and Clydesdeale Bank as it's new CEO in the wake of an IT fiasco which has led to months of turmoil at the British lender.

Sabadell profits hit by botched TSB migration

At the end of September 2018 Banco Sabadell Group's net profit amounts to 247.8 million euros after adjustments due to institutional portfolio sales and extraordinary provisions arising from the TSB migration.

Current account switching: TSB the biggest loser; challengers beat big incumbents

The UK's TSB shed over 16,000 customers in the past quarter as it continued to grapple with the fall out from its botched IT upgrade.

TSB and HSBC latest to be hit by IT problems

The creaking IT infrastructure of the UK's major banks is in the spotlight once again as TSB's online banking services and HSBC's mobile apps crumble in the latest of a string of glitches across the sector.

Outage fever strikes UK banks

A spate of online banking glitches has hit the UK's leading high street banks, leading inevitably to discussions of resilience and operational risk in the industry.

TSB chief Pester to step down as IT crisis rumbles on

The ongoing IT crisis at TSB has claimed the scalp of TSB chief executive Paul Pester, who is leaving the bank after seven years at the helm.