UK Finance

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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....

READ MORE >
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...

READ MORE >
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...

READ MORE >
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”...

READ MORE >