Sterling dropped to a two-week low in early Thursday trading, after Bank of England governor Andrew Bailey held out the prospect of becoming “a bit more aggressive” in cutting interest rates. The ...

Banks across the globe are facing significant challenges in the adoption of Swift’s ISO 20022 standard. The new transaction format requires an overhaul of many major banks’ legacy systems, functioning ...

UK banks will be given new powers to delay payments suspected to be fraudulent, as the government tackles the millions lost to scammers every year. New laws proposed by the government will extend the ...

Meta’s move follows a pilot with NatWest and Metro Bank, which the company claims helped it close 20,000 accounts after banks shared links of malicious websites where fraudulent transactions took ...

The City watchdog said today that the UK bank had “shockingly lax” financial sanction screening controls, and did not comply with an agreement it had made with the FCA not to open new accounts for ...