Banking hubs set to open in 13 locations across UK
The increase in shared banking hubs comes as retail banks continue to pull out of the country’s high streets.
The increase in shared banking hubs comes as retail banks continue to pull out of the country’s high streets.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
TSB says customers can now open accounts and access mobile banking in 10 minutes.
Revenu enables small businesses to receive quicker payments and to better manage their finances.
Over 90% of customer transactions are now carried out digitally, the bank says.
The Spanish bank says that its board has rejected the approach.
TSB seeks a new chair as its Sabadell departure remains up in the air.
Fintech Futures investigates how self service banking has changed and what firms can do to keep up.
“Compare this company to the market,” says TSB’s COO.
Deal follows trial period featuring 10,000 TSB customers, who saved an average of £150 a year using the service.
AIB, Bank of Ireland, TSB, and KBC pull together to battle fintechs like Revolut.
“[It’s] payday so it means that TSB online banking and app is down again.”
The firm also hired a new chief financial officer in June.
Phone lines were busy and branches weren’t reachable amid lockdown.
Iress calls the deal the first it has signed with a “top tier” bank
UK bank spends 85% of income on running costs, says CEO.
Customers reporting lack of wages as internet banking slows.
Panel believes that banks and partners can be trusted to innovate without deadlines.
Bank executive spoke candidly at a company event.
TSB business banking customers will be sent a free Square Reader.
The bank partnered with Jumio to develop the account opening technology.
The security of online banking infrastructure is of pivotal importance.
The Irish bank is keeping up with open banking developments.
“Last year was TSB’s most challenging year.”
Criminals (possibly) cower in terror as dynamic duo come out fighting.
Incentivised Switching Scheme welcomes 11 banks.
UK and South Africa united in fintech grief.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Debbie Crosbie to join troubled bank from CYBG. She’ll be busy.
Mobile and internet banking seems to be the issue this time.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
After seven years as CEO, Paul Pester will leave the bank.
Bank says service went down for 30 minutes. Not all agree.
Results in a loss of customers and increased post-migration costs.
Seems to be resolved now, but it kept consumers unable to log in.
Customers reporting online issues again.
Saturday not so sweet for Lloyds, TSB, Halifax and Bank of Scotland.
Big Blue says go-live criteria to prove production wasn’t ready.
All encompassing. Right place, bright time.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!