Open Banking legislation has done little to increase competition or reduce costs in the payments market, a major report has revealed.
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Small businesses raise millions through Bank Referral Scheme, figures show
More than 1,700 businesses have been granted alternative finance options through the Bank Referral Scheme (BRS) after being turned down for traditional business loans, new figures reveal.
Victims of scams to be refunded by banks
Thousands of people who fall victim to scams are to receive new protection, after a number of the UK’s biggest banks agreed to introduce a new code.
Businesses urged to consider vulnerable people’s access to financial services
MPs have urged businesses to consider vulnerable people’s access to financial services, with talk of the UK becoming a cashless society.
