Bounce Back Loan Scheme

Fraudulent UK COVID Loans Jump in Value
Fraudulent UK COVID Loans Jump in Value
September 14, 2023  |  Fraud Attack

The British government has seen a spike in the value of fraudulent COVID emergency loans. Figures released Thursday (Sept. 14) by the Department for Business and Trade showed the...

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UK Borrowers Due Millions as Lenders Fail to Meet FCA Expectations
UK Borrowers Due Millions as Lenders Fail to Meet FCA Expectations
November 09, 2022  |  Loans

When the COVID-19 pandemic struck in 2020, the U.K.’s Financial Conduct Authority (FCA) asked the country’s lenders to offer payment deferrals as a means of...

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Today In Payments Around The World: UK Banks Prepare For Firms Extending BBLS Terms; UN Report Highlights eCommerce Surge
Today In Payments Around The World: UK Banks Prepare For Firms Extending BBLS Terms; UN...
May 03, 2021  |  International

In today’s top payments news around the world, banks in the United Kingdom are bracing for a wave of requests from firms to extend terms...

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HSBC Glitch Causes Wrong Names On Thousands Of SMB Loans
HSBC Glitch Causes Wrong Names On Thousands Of SMB Loans
July 07, 2020  |  B2B Payments

Due to a technical glitch, thousands of U.K. government small- to medium-sized business (SMB) loans to HSBC customers were sent under incorrect names, BBC News...

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Tide Capital Now Able To Distribute BBLS Loans To SMBs
Tide Capital Now Able To Distribute BBLS Loans To SMBs
May 18, 2020  |  B2B Payments

Tide Capital, now accredited as a lender, will have the authority to distribute loans between £2,000 and £50,000 during the coronavirus pandemic to struggling businesses....

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