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Banking News Stories

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...

1.2m people have switched bank accounts. Have you? - 15th October 2014

The Payments Council has released its first full-year results (to the end of September 2014) for the Current Account Switch Service, finding that 1,203,334 switches took place during the 12-month period. Were you one of them? Read More...

More banks set to join the Paym family - 14th October 2014

Sending a payment can sometimes be a faff, especially when you have to key in lengthy account numbers and sort codes. However, from today, all first direct customers will be able to sign up with mobile banking service Paym. Read More...

Monday morning rush to check bank balances - 30th September 2014

The weekend passes by in a blur of nights out, leisurely dinners, impromptu shopping trips and days out, but then suddenly it’s Monday morning. As a result, large numbers of consumers frantically log on to their banking apps to check out the damage. Read More...


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