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PSR's Confirmation of Payee goes live

News | Online Payments | 02 Jul 2020

Six UK-based banking groups, covering around 90% of bank transfers, have fully implemented the Payments Systems Regulator’ Confirmation of Payee with effect from 30 June 2020.

UK, United Kingdom, PSR, Payments Systems Regulator, Confirmation of Payee, CoP, bank transfers, banking groups, Lloyds, Bank of Scotland, Halifax, Royal Bank of Scotland, NatWest, Ulster Bank, HSBC, First Direct, Barclays, Santander, Nationwide, payments , TSB, Authorised Push Payment, APP scams

Lloyds Bank to offer digital training and devices to customers over 70

News | E-invoicing, SCF & E-procurement | 16 Apr 2020

Lloyds Bank has announced providing free tablet devices and digital training to help vulnerable customers stay connected during the UK’s COVID-19 lockdown.

coronavirus, COVID-19, Lloyds Bank, UK, partnership, We Are Digital, Halifax, Bank of Scotland

Lloyds, Halifax, Bank of Scotland suffer online banking systems crash

News | Payments General | 06 Jan 2020

Lloyds, Halifax, and Bank of Scotland customers have been unable to gain access to their accounts via the banks’ websites and mobile apps.

Lloyds, Halifax, Bank of Scotland, online banking, card payments, ATM transactions, banking, cybersecurity

Lloyds Banking Group launches card freezing

News | Cards | 16 Jul 2019

Lloyds Banking Group has announced it will freeze customers’ credit cards if they have lost them at home or abroad.

Lloyds Banking Group, card freezing, Halifax, Bank of Scotland, cards, credit cards, payments , bank account, UK, Europe

Bank Of Scotland fined GBP 45.5 mln for fraud

News | Digital Identity, Security & Online Fraud | 04 Jul 2019

The Bank Of Scotland has been fined GBP 45.5 million for failing to report suspicions about a GBP 245 million fraud scandal.

Bank of Scotland, fine, fraud, scam, scandal, FCA, Financial Conduct Association, bank, justice, risks, HBOS, Lloyds Banking Group, loans

Yolt Pay reaches its final stages in beta in UK

News | Payments General | 25 Jun 2019

Netherlands-based smart thinking money app Yolt has extended its payment test phase to UK customers who bank with Nationwide, Santander and Barclays.

Yolt Pay, Yolt, Nationwide, Barclays, Santander, UK, payment test, expansion, Open Banking, UK beta test, Lloyds, Bank of Scotland, Halifax, RBS, NatWest, Ulster Bank