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Found 14 results in 781 milliseconds.

Lloyds, Satago, to run trial for invoice financing platform

News | E-invoicing, SCF & E-procurement | 04 Jan 2021

UK-based Lloyds Banking Group has decided to run a 6-month trial or pilot of an invoice financing platform offered by Satago Financial Solutions.

Lloyds, Satago, partnership, e-invoicing, UK, invoice finance, SME

DBS, Standard Chartered join group of banks to develop trade finance registry pilot

News | E-invoicing, SCF & E-procurement | 06 Oct 2020

DBS and Standard Chartered have jointly led a workgroup of 12 other banks to create and conduct a digital Trade Finance Registry (TFR) POC.

DBS, Standard Chartered, banks, trade finance registry, pilot, blockchain, distributed ledger technology, ABN AMRO, ANZ, CIMB, Deutsche Bank, ICICI, Lloyds, Maybank, Natixis, OCBC, Rabobank, SMBC, UOB

Slow banking websites are less secure, 1 of 3 British consumers think

News | Online & Mobile Banking | 26 Aug 2020

UK-based Uswitch has analysed British consumers' perceptions of slow websites and tested brands in banking, as well as digital brands.

British, banking websites, consumers, uSwitch, TSB, Lloyds, Barclays, NatWest, Monzo, Starling, Revolut, digital banks, banking brands, digital brands, interactive, big banking, user experience

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

Oxbury, ClearBank partner to provide banking solutions to British farmers

News | E-invoicing, SCF & E-procurement | 01 Jul 2020

UK-based fintech Oxbury has selected ClearBank’s cloud-based banking platform to gain full access to the UK payment schemes.

Oxbury, ClearBank, banking, banking license, cloud banking platform, fintech, payments , lending, Barclays, HSBC, Lloyds, Royal Bank of Scotland, farm business, Oxbury Bank Platform, API, OxP, Oxbury Farm Credit

Lloyds Bank fined EUR 71 mln

News | Payments General | 12 Jun 2020

Lloyds Bank has been fined over EUR 71 million for failing to treat mortgage customers fairly after they fell into financial difficulty.

Lloyds, mortgage, banks, payments , Financial Conduct Authority

Commerzbank to raise up to 3 billion euros of capital

News | E-invoicing, SCF & E-procurement | 28 May 2020

Germany-based Commerzbank has announced it will raise up to 3 billion euros of capital.

Commerzbank, Germany, AT1, risk debts, banks, UK, Lloyds

New UK bank scheme leads to 100,000 loan applications on first day

News | Payments General | 06 May 2020

UK-based banks have received around 100,000 applications in a single day after The Bounce Back Loans scheme for small businesses was released.

UK bank scheme, the bounce back loans scheme, small businesses, loan application, Barclays, Lloyds, CBILS, coronavirus

Lloyds chooses 12 insurtech startups to take part in Lloyds Lab

News | E-invoicing, SCF & E-procurement | 13 Apr 2020

The Lloyds Banking Group has chosen 12 early-stage insurtech companies to take part in its innovation accelerator program, called Lloyds Lab.

Lloyds, insurance, technology, Lloyds Lab, insurtech, innovation, COVID-19, startups

Starling launches COVID-19 support scheme for those struggling financially

News | Online & Mobile Banking | 01 Apr 2020

Challenger bank Starling has introduced a COVID-19 support scheme, offering a three-month overdraft interest holiday for those struggling financially, reports Verdict.

Starling, COVID-19, overdraft, challenger bank, interest charges, UK, Barclays, RBS, TSB, Lloyds

Banks stop currency service after Travelex's cyber-attack

News | Digital Identity, Security & Online Fraud | 09 Jan 2020

After the ransomware cyber-attack on Travelex, a number of High Street banks have stopped customers ordering foreign currency.

Travelex, banks, currency service, Cyber-attack, ransomware, cyber recovery, travel money, Lloyds, Barclays, Royal 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

Large UK banks to implement Confirmation of Payee by March 2020

News | Digital Identity, Security & Online Fraud | 02 Aug 2019

The UK Payment Systems Regulator (PSR) has demanded the six largest banking groups to implement Confirmation of Payee (CoP) by 31 March 2020.

Lloyds, RBS NatWest, Barclays, HSBC, Nationwide, Santander, app, Payment Systems Regulator, bank transfers, UK, Confirmation of Payee

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