The Lloyds, Halifax and Bank of Scotland app issue was a short-term technical glitch that showed incorrect transaction data. While it wasn’t a hack or data breach, it served as a reminder of how important security and reliability are in digital banking.
Churchill & Other Historical Figures To Disappear From UK Banknotes
The Bank of England has announced that it plans to redesign the next generation of UK banknotes, and early signs suggest animals and nature could take centre stage, with historical figures, such as Winston Churchill, disappearing.
Lloyds Wants to Become the UK’s Biggest Fintech – By Using Customer Data
According to the Financial Times, Lloyds Banking Group is exploring how it can use its massive dataset of customer transactions to transform itself into what it calls the “UK’s biggest fintech.”
Elon Musk’s XMoney: Revolutionising Digital Finance
Elon Musk is no stranger to shaking up financial services, having founded online bank X.com (later to merge into Paypal) over 25 years ago. And he’s looking to take further control of the world of digital finance and social media with a groundbreaking partnership with Visa to launch its new financial service, XMoney.
Barclays Apologises For Online Banking Technical Issues
Barclays has issued an apology to customers for the disruption to online banking and payments which began on Friday 31st January. In an email to customers, Vim Maru, the Barclays CEO, said that everything was back working correctly again: On Friday and across the weekend, you may have been affected by technical issues we had […]
Bitcoin Worth £600m “Missing In Newport Rubbish Tip”
An early Bitcoin adopter has failed in his attempt to get permission to try and recover a missing hard drive from a Newport rubbish tip.
King Charles £1 Coins Launched
Nearly 3 million new £1 coins featuring King Charles’ head are due to go into circulation this week.
“New” Bank Monzo Reaches 10 Million Customers
After 8 years, 1 name change and a sausage roll-dispensing “cash machine”, Monzo has hit the landmark of 10 million personal account customers.
Unlocking Financial Freedom: Best Banking, Budgeting & Saving Apps
Here, we explore some of the best budgeting and saving apps that leverage open banking to help you achieve financial freedom.
“Romance Scammers” Target Charity Facebook Groups
According to a report by consumer watchdog Which?, romance scammers are increasingly preying on vulnerable individuals on charity Facebook pages.