HSBC and First Direct customers can finally use Apple Pay July 28, 2015 The mobile payment system launched in the UK in mid-July to great excitement, but not all banks supported it from the start. Although HSBC was supposed to be a launch partner, when the day came, customers were told the service had been delayed, and that the bank was “working hard” to get it running by [...]
Which banks will offer the Help to Buy Isa? Barclays, Lloyds Banking Group, Nationwide, NatWest, Santander and Virgin Money July 25, 2015 Barclays, Lloyds Banking Group, Nationwide, Natwest, Santander and Virgin Money are among the banks and building societies which will offer the government's widely anticipated Help to Buy Isa. Help to Buy Isas, unveiled by chancellor George Osborne in his Spring budget, aim to give first-time buyers a much needed helping hand onto the property ladder. [...]
The Financial Conduct Authority is going to help savers by making it easier for them to switch accounts July 23, 2015 The Financial Conduct Authority (FCA), Britain’s financial regulator, has announced plans to introduce new measures to help customers switch cash savings accounts, following a review of competition in the industry. Read more: This chart shows how many current account switchers Barclays, HSBC, Lloyds and NatWest have lost The regulator is proposing new rules which will make [...]
Apple Pay: How does it work and is it any quicker? A guide for the new contactless payment system July 15, 2015 Apple Pay has finally arrived in the UK. Well, sort of. If you have the right iPhone and the right bank and you shop in the right place and if the sun is shining at just the right angle – then you can use Apple Pay (okay, we made the bit about the sun up). [...]
Apple Pay launches in the UK: Where to use it, how to use it, which iPhone you need and how it works July 14, 2015 If you're the proud owner of an iPhone 6, 6 Plus or Apple Watch you can now spend your cash with little more than the flick of a wrist. Apple Pay has today launched in the UK, allowing people to use near field communication on their iPhones to tap and pay for items worth [...]
It’s not just official sponsors feeling a boost from 2015 Rugby World Cup factor June 22, 2015 Sport tour operator Gullivers expecting an uplift from this year’s tournament With an estimated 466,000 international visitors flocking to England for this year’s Rugby World Cup, companies with an interest in rugby do not necessarily need to have their names brandished on every stadium’s advertising boards to reap the benefits. Take Gullivers Sports [...]
RBS plans extra £150m a year spend on ailing IT systems after glitch affecting 600,000 payments at RBS, Natwest, Ulster Bank and Coutts June 18, 2015 Royal Bank of Scotland will spend another £150m a year on its ailing computer systems which this week caused havoc for RBS, Natwest and Ulster Bank customers after a glitch resulted in more than half a million missing payments. The bank's admin chief Simon McNamara today promised £150m of extra spending to make the bank's systems more [...]
RBS missing payments blasted by Treasury Select Committee chairman Andrew Tyrie June 17, 2015 The Treasury Select Committee chairman has blasted RBS for the “serious” glitch that caused hundreds of thousands of payments to go missing. It emerged this morning that around 600,000 payments, including tax credits and benefits, had not been made overnight, leaving thousands of RBS, Natwest, Coutts and Ulster Bank customers stranded without enough cash [...]
RBS glitch affecting 600,000 payments for customers of RBS, Natwest, Coutts and Ulster not resolved until Saturday June 17, 2015 RBS has failed to put through around 600,000 payments for customers across the group as a result of a technical issue – and the money could be missing for several more days. RBS, Natwest, Coutts and Ulster Bank are all thought to have been affected by the issue, which was discovered first thing this [...]
RBS share price falls as Natwest urgently investigates “missing” customer payments June 17, 2015 Natwest has launched an emergency investigation into “missing” customer payments caused by yet more computer glitches. The RBS-owned bank said this morning it was looking into the issue “as a matter of urgency”, telling customers it was a “technical issue with payments crediting”. It said those who needed to access funds today should [...]