First Direct news and trends

Are UK Overdraft Fees More Costly Than Payday Loans?
Alternative Finances // May 23, 2018

Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require banks to charge the same rages for unarranged overdrafts that they do for arranged overdrafts. According to Which?, the rates...

UK’s Atom Raises £83m To Develop New Products, Boost Growth
Digital Banking // March 06, 2017

Atom, the U.K.’s first app-based bank, has raised £83 million as it looks ahead to the release of new products and increased growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Atom Now UK’s Most Recommended Bank
Banking // February 24, 2017

For the first time since its launch in 1989, First Direct is not the most recommended U.K. bank — it has been displaced by digital-only entrant Atom Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

HSBC Makes A ‘Biometric Banking’ Push
Security & Fraud // February 22, 2016

HSBC is no stranger to dealing with cyberattacks and outages, which may be a reason why the U.K. bank announced plans to roll out biometric security technology in a move to bring biometric banking to the mainstream. Get the Full Story Complete the form to...

Quick Reads
Are UK Overdraft Fees More Costly Than Payday Loans?

May 23, 2018
Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require banks to charge the same rages for unarranged overdrafts that they do for arranged overdrafts. According to Which?, the rates charged by banks in some cases are up to seven […]

UK’s Atom Raises £83m To Develop New Products, Boost Growth

March 06, 2017
Atom, the U.K.’s first app-based bank, has raised £83 million as it looks ahead to the release of new products and increased growth. Get the Full Story Complete the form to...

Atom Now UK’s Most Recommended Bank

February 24, 2017
For the first time since its launch in 1989, First Direct is not the most recommended U.K. bank — it has been displaced by digital-only entrant Atom Bank. Get the...

HSBC Makes A ‘Biometric Banking’ Push

February 22, 2016
HSBC is no stranger to dealing with cyberattacks and outages, which may be a reason why the U.K. bank announced plans to roll out biometric security technology in a move...