UK Finance

Major Banks Incorporate New UK Company to Promote Shared Hubs

Major Banks Incorporate New UK Company to Promote Shared Hubs
Major Banks Incorporate New UK Company to Promote Shared Hubs
December 19, 2022  |  Banking

The U.K.’s major banks have joined forces to protect consumers’ access to cash. Get the Full Story Complete the form to unlock this article and...

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UK Police See $1.5B Crypto Fraud ‘Epidemic’
UK Police See $1.5B Crypto Fraud ‘Epidemic’
November 28, 2022  |  Cryptocurrency

Cryptocurrency fraud rose by 32% in the U.K. over the last year, part of a larger fraud “epidemic” that began during the pandemic as people...

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Card Is King in UK Payments Landscape, but Digital Wallet Usage Soars
Card Is King in UK Payments Landscape, but Digital Wallet Usage Soars
August 24, 2022  |  Payment Methods

UK Finance, a trade body representing the United Kingdom’s banking and financial services sector, recently published the latest edition of its annual report assessing the...

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EMEA Daily: Coinbase Furthers European Expansion; CryptoRefills Adds EUROC Support
EMEA Daily: Coinbase Furthers European Expansion; CryptoRefills Adds EUROC Support
June 30, 2022  |  emea

In today’s EMEA news, UK Finance released its latest fraud report and highlighted the rise of authorized push payment fraud, London-based buy now, pay later...

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Authorized Push Payment Fraud Reaches ‘Epidemic’ Levels in UK
Authorized Push Payment Fraud Reaches ‘Epidemic’ Levels in UK
June 29, 2022  |  Security & Fraud

The U.K. is experiencing a widespread “epidemic” of payments fraud, in which scammers trick victims into sending money into fraudsters’ accounts, the Financial Times reported...

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Report: More Than Half of UK Card Payments Are Contactless
Report: More Than Half of UK Card Payments Are Contactless
December 16, 2021  |  Payment Methods

Contactless payments accounted for more than half of all U.K. card transactions in September, according to a new report from the trade association UK Finance....

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EMEA Daily: Ericsson Acquires Vonage in $6.2B Stock Deal; UK Leads EU in Driving Global Growth In HealthTech Sector
EMEA Daily: Ericsson Acquires Vonage in $6.2B Stock Deal; UK Leads EU in Driving Global...
November 22, 2021  |  International

In today’s top Europe, Middle East and Africa news, Ericsson acquires Vonage in $6.2bn stock deal, and the U.K. leads the EU in driving global...

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UK Finance Calls for New Open Banking Standards
UK Finance Calls for New Open Banking Standards
November 22, 2021  |  Banking

The U.K. should develop new open banking standards, according to a new report on open banking payments issued by the trade association UK Finance. Get...

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UK Bank Lobby Group: Fraud Threatens National Security  
UK Bank Lobby Group: Fraud Threatens National Security  
September 22, 2021  |  Fraud Attack

Increasing incidents of fraud against online shoppers and digital banking newcomers across Britain since the start of the COVID-19 pandemic is “a national security threat”...

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