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monzo outage

  • Nationwide reigns supreme in bank switch war as Santander falters

    Banking

    Nationwide maintained its top spot in the tussle for current account switchers in the third quarter of 2025 as the mutual sweetened its offer for new joiners. The building society – which was slapped with a £44m fine in December for failing to flag Covid fraud – secured a net gain of 41,450 switchers after [...]

    Breaking news headline with a bold font on a digital display, conveying urgency and importance in a business context
  • Monzo outage hits app as digital bank wobbles

    Banking

    Monzo Bank’s customers were left frustrated after the online bank suffered a widespread app outage, temporarily knocking out key features while core banking services continued to work. Shortly after 3 pm on Tuesday, users across the UK began reporting problems accessing parts of the bank’s app, according to outage-tracking site DownDetector. Reports seemed to spike [...]

    Monzo received its full UK banking licence from the Prudential Regulation Authority and Financial Conduct Authority in 2017.

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