U.K. banks

UK Case Might Set Precedent For Payment Protection Insurance Claims
UK Case Might Set Precedent For Payment Protection Insurance Claims
July 03, 2018  |  Banking

After a key legal case that may set a precedent for future claims, U.K. banks may have to pay up to £18 billion to customers...

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CYBG Agrees To Buy Virgin Money
CYBG Agrees To Buy Virgin Money
June 19, 2018  |  Partnerships / Acquisitions

CYBG, the owner of Clydesdale Bank and Yorkshire Bank, is buying Virgin Money for £1.7 billion. According to BBC, as a result of the deal,...

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ClearBank Agrees To Open Account For Crypto Exchange
ClearBank Agrees To Open Account For Crypto Exchange
June 18, 2018  |  B2B Payments

U.K. bank ClearBank has reportedly agreed to open up an account for a cryptocurrency exchange, according to unnamed sources, as reported by Reuters on Friday...

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Bank of England Governor Says Banks Overstate Their Shield Against FinTechs
Bank of England Governor Says Banks Overstate Their Shield Against FinTechs
November 29, 2017  |  Banking

The Bank of England (BoE) warned Tuesday (Nov. 28) that U.K.-based banks may be doing some boasting when they say they can stop FinTechs from...

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Have Bank Account, Will Travel In The UK?
Have Bank Account, Will Travel In The UK?
August 11, 2016  |  Regulation

Consumers in the U.K. are apparently loyal to their banks, and that is apparently a bad thing according to the U.K. Competition and Markets Authority, the competition...

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How UK Banks Suck Away 3.3M Hours From Customers
How UK Banks Suck Away 3.3M Hours From Customers
November 26, 2015  |  International

One of the more frustrating experiences in consumer service – that of being left on hold – is reaching heightened proportions in the United Kingdom,...

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