Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require banks to charge the same rages for unarranged overdrafts that they do for arranged overdrafts. According to Which?, the rates...
Atom, the U.K.’s first app-based bank, has raised £83 million as it looks ahead to the release of new products and increased growth. According to The Financial Times, the bank’s total capital raise has now reached £219 million. This latest round was backed by major shareholders, including Spanish...
For the first time since its launch in 1989, First Direct is not the most recommended U.K. bank — it has been displaced by digital-only entrant Atom Bank. BDRC Continental’s latest survey of 15,000 consumers finds Atom ahead of First Direct in the Relational Net...
HSBC is no stranger to dealing with cyberattacks and outages, which may be a reason why the U.K. bank announced plans to roll out biometric security technology in a move to bring biometric banking to the mainstream. In a statement released Friday (Feb. 19), the...
May 23, 2018
Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require banks to charge the same rages for unarranged overdrafts that they do for arranged overdrafts. According to Which?, the rates charged by banks in some cases are up to seven […]
March 06, 2017
Atom, the U.K.’s first app-based bank, has raised £83 million as it looks ahead to the release of new products and increased growth. According to The Financial Times, the bank’s total capital...
February 24, 2017
For the first time since its launch in 1989, First Direct is not the most recommended U.K. bank — it has been displaced by digital-only entrant Atom Bank. BDRC Continental’s...
February 22, 2016
HSBC is no stranger to dealing with cyberattacks and outages, which may be a reason why the U.K. bank announced plans to roll out biometric security technology in a move...
