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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 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
British, banking websites, consumers, uSwitch, TSB, Lloyds, Barclays, NatWest, Monzo, Starling, Revolut, digital banks, banking brands, digital brands, interactive, big banking, user experience
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, 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, mortgage, banks, payments , Financial Conduct Authority
Commerzbank, Germany, AT1, risk debts, banks, UK, Lloyds
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, insurance, technology, Lloyds Lab, insurtech, innovation, COVID-19, startups
Starling, COVID-19, overdraft, challenger bank, interest charges, UK, Barclays, RBS, TSB, Lloyds
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, 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
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
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