UK Finance report says 51% of payments in UK in 2019 were through cards
According to UK Finance, this is the first time that card payments constituted more than half of all…
Industry News
Confidence using online banking grows during lockdown as consumers embrace digital, says Virgin Money UK
28 May 20Digital banking has become more popular during the lockdown: almost 30% have downloaded a mobile banking app and…
UK, Switzerland urge global action to facilitate money transfers during Covid-19
26 May 20The two nations have called for greater global collaboration to declare money transfers as essential financial service
EBA says Covid-19 is placing unprecedented challenges on EU banks
26 May 20Banks have entered the Covid-19 crisis more capitalised and with better liquidity compared to previous crises
British Business Bank announces new lenders under the bounce back loan scheme for smaller businesses
14 May 20Bank of Ireland UK and Skipton Business Finance to join 14 existing Bounce Back Loan Scheme accredited lenders
Lloyds Banking Group provides £4bn of Covid-19 finance for business bounce back
13 May 20Since early March, Lloyds Banking Group has agreed nearly 30,000 capital repayment holidays for existing loans, and approved…
EBRD targets coronavirus financing of €21bn through 2021
01 May 20Bank will devote its entire activities to responding to economic impact of pandemic
Lloyds Banking Group provides support to 30,000 UK businesses impacted by Covid-19
24 Apr 20As part of the Group’s commitment to lend £18bn this year, a £2bn fund was allocated for businesses…
Goldman Sachs, Governor Greg Abbott of Texas, LiftFund announce $50m in loans for Texas small businesses
15 Apr 20Goldman Sachs will provide the capital as part of its $550 million commitment to COVID-19 relief, and LiftFund,…
Digital wallet transactions soar amid coronavirus constraints
13 Apr 20Customers embrace digital wallet transactions in record numbers
