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Listing 556 articles over 56 pages

A Third Of Brits Are Used To Being Penniless

A third of people in the UK are used to being completely penniless, with no money in their bank accounts or wallets, and no ability to borrow money.

Cash Held In Bank Accounts €temporarily” Protected

People who have large amounts of money in their bank accounts for a small amount of time will now have their money protected in the event of their bank failing.

Online Banking Fraud Rises By 48%

Following our story earlier this week about identity fraud being on the rise [link], Financial Fraud Action (FFA) has confirmed that loses from online banking fraud have risen by 48% in 2014.

Banks Must Make Alternatives To Branch Closures

High street banks will be forced to look for alternatives for customers before they shut down any branches which may be the last in a town, according to a new agreement.

Identity Fraud Up By 25%

Recorded identity theft fraud has risen dramatically, with 2014 seeing a 25% increase on 2013, according to fraud prevention service Cifas.

Many People Unaware Of Seven Day Switch Service

The Financial Conduct Authority (FCA) has found that people are unaware of the seven day service in place to help people switch bank accounts.

Two Million Adults Live Without Bank Accounts

Almost two million UK adults do not have a bank account, according to the Financial Inclusion Commission.

74% Of People Unaware Of Extended ISA Limit

Research from Santander has shown that 74% of people in the UK are unaware of the new higher annual ISA allowance, which increased from £5,760 to £15,000 in July of last year.

Half Of People In The UK Use Mobile Banking

Almost a half of Brits now use internet backing to keep track of their finances, with almost two fifths logging in at least once a day to keep an eye on their money.

Fingerprint Recognition Technology To Be Used By Banks

Two major high street banks have announced that they will introduce fingerprint recognition technology to their smartphone applications as a method of allowing their customers to access their account information.

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