Lloyds fined £3.9m over customer treatment failings
The Financial Conduct Authority has slapped Lloyds Banking Group with a hefty £3.9 million penalty for serious failures in its mortgage and loan support for customers in financial difficulty.
Category : Search result: banking technology
FCA: UK Finance's Old Tech Poses 'Significant' Risk
The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.
Lloyds Bank £175 Free Cash Giveaway
Lloyds Bank is offering a massive £175 cash incentive for new customers who switch their current account. Discover the simple steps to claim your free money and the terms you need to know.
ANZ and NAB Slash Hundreds of UK Banking Jobs in Major Restructure
Exclusive: Two of Britain's leading banks, ANZ and National Australia Bank, announce significant job cuts as part of a major operational restructuring, affecting hundreds of UK banking staff.
Barclays charges £100 fee for 67p overdraft
A Barclays customer was left in shock after being charged a staggering £100 fee for a minuscule 67p overdraft. Read the full story of this banking scandal and how to protect yourself from similar charges.
Autumn 2025 Bank Closures: Full List of Shutting Branches
Exclusive: Major UK banks including Barclays, Lloyds, and HSBC announce a fresh wave of branch closures for Autumn 2025, leaving communities without vital local banking services and raising concerns about financial exclusion.
Barclays & BoS Face Massive Fines Over Unfair Mortgages
The UK's financial watchdog, the FCA, is set to impose significant penalties on Barclays and Bank of Scotland for failing to offer existing customers the same competitive mortgage rates available to new clients, a practice affecting thousands of borrowers
Lloyds Bank to Close 45 Branches in 2025
Lloyds Banking Group announces the closure of 45 Lloyds and Halifax branches across England and Wales in 2025, citing a dramatic shift to digital banking. Discover if your local branch is affected.
Osborne's Robey Warshaw in shock Evercore takeover bid
Former Chancellor George Osborne's boutique investment bank, Robey Warshaw, is in advanced talks to acquire Wall Street giant Evercore in a monumental deal that would reshape the global financial advisory landscape and create a transatlantic powerhouse.
Major Cyber Attack Forces African Banks Offline
A severe cyber attack has paralysed major banking institutions across Central and West Africa, causing widespread disruption in Rwanda, the Democratic Republic of Congo, and Senegal.
Barclays App Outage: Customers Locked Out of Accounts
Barclays customers were left furious and financially stranded after a major outage in the banking app and online service blocked access to accounts and halted payments for hours.
Ukraine's AI Drone War: Revolutionising Modern Conflict
Exclusive analysis reveals how Ukraine's homegrown drone technology, driven by AI and rapid innovation, is fundamentally reshaping warfare tactics against Russia. Discover the cutting-edge systems changing the battlefield.
Wells Fargo shares plunge 9% after regulatory rejection
Exclusive: Wells Fargo faces major setback as US regulators reject its resolution plan, triggering a 9% stock plunge and raising concerns over the bank's crisis management capabilities.
Lloyds warns 3000 staff: Improve performance or face sack
Exclusive: Lloyds Banking Group has issued formal warnings to 3000 employees, stating they face dismissal unless performance improves significantly, in one of the UK's largest workforce restructuring moves.
China's 'Star Wars' Laser Weapon Revealed: Blinds Pilots
Exclusive analysis of China's newly unveiled 'optical warfare' laser weapon, a disruptive system designed to blind pilots and fry electronics. How it compares to Western 'Star Wars' technology and what it means for global military balance.
NatWest to close 26 bank branches in 2024
High street giant NatWest Group announces another wave of closures, shutting 26 branches across England, Scotland, and Wales in 2024, citing a dramatic shift to online banking.
TSB Banking App Crashes in Major Nationwide Outage
TSB's mobile banking app and online services have been hit by a major outage, leaving frustrated customers unable to access their money. The high street bank is investigating the technical meltdown.
Asda Tests AI 'Just Walk Out' Supermarket Tech
Asda trials groundbreaking AI-powered 'just walk out' technology in a major UK supermarket, allowing shoppers to grab items and leave without scanning or queuing.
HSBC ordered to repay £50k after pensioner scam failure
A retired NHS nurse from London lost her entire life savings in an authorised push payment scam. The Financial Ombudsman Service has now ruled HSBC must refund Katrina Harrison £50,000 after the bank's security systems failed to prevent the fraud.
TSA Rolls Out Touchless Facial Recognition at Airports
The TSA is dramatically accelerating its PreCheck overhaul, deploying touchless facial recognition technology to create faster, more secure passenger processing. Discover how this biometric revolution will change the way you fly.
Reeves Forges New Pact with UK Banks to Boost Economy
Chancellor Rachel Reeves hosts landmark meeting with UK banking chiefs, unveiling a new 'shared commitment' to boost competitiveness and economic growth. Exclusive details on the new Mansion House reforms.
ANZ Bank sacks CEO Nuno Matos in governance scandal
ANZ Bank has abruptly terminated CEO Nuno Matos following an internal investigation into cultural and governance concerns, sending shockwaves through the banking sector.
UK Parents & Teachers: Share Your AI Classroom Experiences
Exclusive insights from British parents and educators reveal the real-world impact of AI tools like ChatGPT in schools. Discover the promises, the pitfalls, and the profound changes shaping the future of learning.
HSBC and First Direct Hit Major Online Banking Outage
Thousands of HSBC and First Direct customers across the UK were unable to access their online and mobile banking services due to a significant technical outage, with the bank issuing an apology and working to resolve the 'ERR03' error.
HSBC Banking App Crashes, Locking Out Thousands of UK Users
Thousands of HSBC UK customers were left unable to access their money as the banking giant's app and online services suffered a major crash. Frustrated users took to social media to report issues with logins, transactions, and balance checks.
Natwest and RBS Banking App Crashes in Major Outage
Thousands of NatWest and Royal Bank of Scotland customers were left stranded as a major outage knocked out mobile and online banking services, sparking a wave of frustration.
Selfie Scam: Fraudsters Exploit NAB's Facial Recognition
Exclusive: A sophisticated criminal syndicate exploited a major flaw in National Australia Bank's 'selfie' identity verification, stealing over $1.5 million in a high-tech fraud that raises serious questions about biometric security.
NatWest & Halifax Shut 39 Bank Branches
Major banking giants NatWest and Halifax announce the closure of 39 UK branches in 2025, citing a dramatic shift to online banking. Full list of affected locations and what it means for customers.
Revolutionary prosthetic legs transform lives amid NHS crisis
Exclusive: Groundbreaking microprocessor-controlled prosthetic limbs are offering new hope to amputees, but NHS waiting times and funding shortages create a postcode lottery for life-changing technology.
Mortgage Nightmare After Bank's System Error Empties Account
Exclusive: A UK homeowner reveals how a devastating banking glitch left him unable to pay his mortgage, pushing him to the brink of financial ruin and highlighting a growing crisis in customer service failures.
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