Six months on from the day that Pin-approved payments on all chipped cards became mandatory, payment services association Apacs has hailed the system as a success.
Tag: Banks
MoneyExpert: Three Million Left Exposed To Fraud In HSBC Security Lapse
More than three million online banking customers at HSBC have been left exposed to online fraud for at least two years, security experts at Cardiff University have found.
MoneyExpert: Insolvency Experts Warn Of IVA Over-selling
Insolvency experts have warned that many people are being pushed into accepting individual voluntary agreements (IVAs) when they are not suited for them.
MoneyExpert: Base Rate Effect On Mortgage Rates Minimal €“ For Now
Despite initial fears of an immediate body-blow to affordability, the movement in mortgage market rates has been relatively slow since last weeks (week’s) base rate increase.
Family Finance: Mortgages For Debt Ridden Customers – A Booming Industry
This year the Financial Services Authority revealed the extreme lengths some mortgage brokers will go to in an effort to secure a loan in the sub prime mortgage market.
MoneyExpert: Poor Lending Practices Leaving Banks And Public Exposed Says Report
Poor lending practices by banks and building societies have left many in the UK with dangerous levels of debt exposure, a Datamonitor report has warned.
MoneyExpert: HSBC Describes End To Free Banking “inevitable” As Profits Soar
HSBC yesterday said that a general move toward annual charges for current accounts and credit cards is “inevitable” in response to a regulatory clampdown on penalty charges.
MoneyExpert: Interest Rate Increases: Not Out Of Woods Yet Says Bank
Bank of England figures have indicated that a further increase in the base rate of interest before the end of the year is a very real risk.
MoneyExpert: Insolvency Figures Reach New Peak
Insolvency figures have continued their recent run of record highs with government figures showing that they reached a new peak of 26,021 in the second quarter.
Banks Most Profitable Businesses Says Research
Banks made greater profits per customer than any other major business sector last year, research has revealed.