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Banking News Stories

6 of the best high interest current accounts - 28th January 2015

At one time savings accounts were the only sensible place to put your hard-earned cash if you wanted a meaningful return, but as you may have noticed, that’s no longer the case. Thankfully there's an alternative – high interest current accounts. Read More...

1.16m bank accounts switched in 2014 - 22nd January 2015

Today the Payments Council published its latest Current Account Switch Service Dashboard (no.5), which reveals that even more of us are taking advantage of the Current Account Switch Service. Read More...

The end of free banking? - 20th January 2015

Do you pay for your bank account? If so, it’s probably by choice rather than necessity, with many people still preferring to use a fee-free account. But, there are increasing fears that this may not be possible for long. Read More...

Paym is opened up to more customers - 19th November 2014

How many times have you wished for an easier way to make payments? Well, thanks to Paym, paying friends and family can be as easy as keying in their mobile number, and now even more banking customers can benefit. Read More...

Growing interest in online banking - 12th November 2014

Do you bank online? If not, then you could be persuaded in the not-too-distant future, as research from the Payments Council has found that a growing number of people are interested in giving it a go. Read More...

Current accounts to undergo competition review - 06th November 2014

Activity in the current account sector has been ramping up over the last few months, but there are concerns that it isn’t working in the interests of consumers as much as it should. That’s why the regulators have stepped in. Read More...

Watch out for phone fraudsters - 30th October 2014

Scammers and fraudsters are nothing new, but their tactics and methods are always changing and becoming ever more sophisticated. Now they are harnessing caller IDs to trick victims into handing over personal and sensitive information. Read More...

UK banks pass EBA stress test - 27th October 2014

The European Banking Authority (EBA) has published its latest review into the financial health of the banks in the European Union, and all four of the UK banks subject to the review have passed the test. Read More...

8 things your bank will never ask you to do… - 20th October 2014

The UK’s biggest banks have decided to publish a list of the things they would never ask their customers to do after a YouGov poll found that millions of account holders unwittingly leave themselves open to fraud. Read More...

Mobile banking on the rise - 17th October 2014

Many of us rely on our smartphones in day-to-day life, whether that’s for communication, connectivity, banking activities, or even to shop. The latter two are becoming increasingly popular, with mobile banking officially on the rise. Read More...


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