U K Banking news and trends

UK’s Open Banking Headwinds Point to Pitfalls of Innovation Through Regulation
Banking // February 05, 2024

Open banking is set to change the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

UK SMBs May Soon Bank At Post Offices
B2B Payments // April 02, 2019

A proposal under the U.K.’s Labour Party would turn some post offices into bank branches, with policymakers pointing to the need to broaden access to financial services for small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Starling Bank Raises £60M For Expansion
Investments // February 13, 2019

Starling Bank, the U.K. digital banking platform, announced on Wednesday (Feb. 13) that it has raised £60 million ($77.15 million) in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Open Banking Connects iwoca To Lloyds Account Data
B2B Payments // November 01, 2018

U.K.-based alternative small business lender iwoca is linking into data from Lloyd’s Bank accounts to streamline loan underwriting for joint customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Interviews & Exclusives
UK’s Open Banking Headwinds Point to Pitfalls of Innovation Through Regulation

February 05, 2024
Open banking is set to change the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the […]

Quick Reads
HSBC Cutting Top Managers in $300 Million Savings Plan

October 10, 2024
Management ranks at banking giant HSBC could soon begin to thin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to […]

Starling Bank Raises £60M For Expansion

February 13, 2019
Starling Bank, the U.K. digital banking platform, announced on Wednesday (Feb. 13) that it has raised £60 million ($77.15 million) in venture funding. Get the Full Story Complete the form...

Money Transfer Co Monese Raises $60M For Global Expansion

September 06, 2018
Monese, the U.K. bank challenger, announced on Wednesday (Sept. 6) that it has secured $60 million in venture funding. Get the Full Story Complete the form to unlock this article...

UK Bank Acct Services At Risk Post-Brexit

August 24, 2018
Britons residing in the European Union (EU) may no longer have access to bank account services and businesses in the EU if a non-deal Brexit were to occur. Citing the...