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Banking

  • Barclays faces probe from Treasury Select Committee into six-hour outage

    September 20, 2018

    Barclays faces an investigation from the Treasury Select Committee after it yesterday became the latest lender to experience a major systems failure. Millions of customers were unable to access online banking, telephone banking, as well as branch services for as long as six hours. The Treasury Select Committee is likely to ask the bank similar [...]

  • Barclays faces probe from Treasury Select Committee into six-hour outage

    September 20, 2018

    Barclays faces an investigation from the Treasury Select Committee after it yesterday became the latest lender to experience a major systems failure. Millions of customers were unable to access online banking, telephone banking, as well as branch services for as long as six hours. The Treasury Select Committee is likely to ask the bank similar [...]

  • MPs demand answers from Cashplus after IT failures leaves customers locked out of accounts

    September 20, 2018

    The Treasury Committee has demanded answers from fintech firm Cashplus after outages left customers unable to make payments or withdraw cash. Customers had complained of being locked out of their accounts since the beginning of the week and unable to make or receive payments. Nicky Morgan, chair of the Treasury Committee, has now written to [...]

  • MPs demand answers from Cashplus after IT failures leaves customers locked out of accounts

    September 20, 2018

    The Treasury Committee has demanded answers from fintech firm Cashplus after outages left customers unable to make payments or withdraw cash. Customers had complained of being locked out of their accounts since the beginning of the week and unable to make or receive payments. Nicky Morgan, chair of the Treasury Committee, has now written to [...]

  • Barclays’ online and telephone banking services go down

    September 20, 2018

    Barclays today became the latest major lender to experience a systems failure, with millions of customers unable to access online banking, telephone banking, as well as some branch services at the time of writing. Problems began this morning, the bank said, although it remained unclear when they first started. The affected services were unavailable for [...]

  • Barclays’ online and telephone banking services go down

    September 20, 2018

    Barclays today became the latest major lender to experience a systems failure, with millions of customers unable to access online banking, telephone banking, as well as some branch services at the time of writing. Problems began this morning, the bank said, although it remained unclear when they first started. The affected services were unavailable for [...]

  • ING Ventures invests £6.7m in open banking platform Cobase

    September 19, 2018

    ING Ventures has invested €7.5m (£6.7m) in open banking platform Cobase, which allows customers to manage several bank accounts through one portal.  Cobase, which is an arms-length venture of ING Bank, allows users with multiple bank accounts to view balances and transactions in one place, make payments and use cash management services. Read more: Royal Bank of Scotland testing new [...]

  • ING Ventures invests £6.7m in open banking platform Cobase

    September 19, 2018

    ING Ventures has invested €7.5m (£6.7m) in open banking platform Cobase, which allows customers to manage several bank accounts through one portal.  Cobase, which is an arms-length venture of ING Bank, allows users with multiple bank accounts to view balances and transactions in one place, make payments and use cash management services. Read more: Royal Bank of Scotland testing new [...]

  • Danske Bank head quits after giant money laundering scandal

    September 19, 2018

      The chief executive of Danske Bank today resigned after the publication of a damning report into the money laundering scandal which has rocked the lender. Thomas Borgen said that it has been "clear to me for some time" that he would have to resign, after lax controls on money laundering in the bank's Estonian [...]

  • Danske Bank head quits after giant money laundering scandal

    September 19, 2018

      The chief executive of Danske Bank today resigned after the publication of a damning report into the money laundering scandal which has rocked the lender. Thomas Borgen said that it has been "clear to me for some time" that he would have to resign, after lax controls on money laundering in the bank's Estonian [...]

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