Banks Start Refunding Transfer Con Victims

A few new paragraphs of boring text have been added to a voluntary code that covers dealings via the UK's main high street banks today, with the wording containing the positive news that innocent victims of money transfer scams may now see their lost money refunded. Read More >>

Bank Trials Biometric Fingerprint Debit Cards

A select band of NatWest and RBS customers deemed to have the cleanest and most easily identifiable fingers are taking part in a small trial of biometric technology, with a batch of debit cards that allow fingerprint authentication of large transactions now out there and in use. Read More >>

Labour Plans to Invent the “Post Bank” for the High Street

The nation's network of post offices would turn into a new form of hybrid bank branch under a future Labour government, with the party thinking this "Post Bank" would enhance access to banking facilities on the high street, seeing as the bank-banks would rather their physical branches be sold off ASAP and turned into Shoe Zones. Read More >>

All of NatWest is Sorry for Staff Member’s Vegan-Punching Verbal Rampage

NatWest has cranked up the apology machine and even gone so far as to issue financial compensation to a customer, after one of its staff members told a woman on the phone that "all vegans should be punched in the face." Read More >>

Singles-Shaming Bank App Revenge-Shamed for Using Fictional Numbers

Things have become worse in general for banking app Revolut, you might be amused to hear. The startup/challenger/unicorn bank app thing was already facing a backlash over its apparent singles-shaming Valentine's Day advert; now it's been referred to the Financial Conduct Authority because the numbers it used to make its clumsy point were entirely made-up. Read More >>

Clampdown on Bank Overdraft Fees Could Save £2.4bn

The Financial Conduct Authority is introducing new regulations covering bank overdrafts, bringing in the end of higher rate fees for accidentally dipping over any agreed overdraft limit. The hope is it'll lower the £2.4bn the banks make in fees each year, with 30 per cent of that coming from high charges for unarranged overdrafts. Read More >>

Polite British Bank Robber Queued for 15 Minutes and Threatened Staff with Febreze

There was a lovely little British bank robbery in Bishop Auckland earlier this year, in which a silly man queued up for 15 minutes in his bank robbery outfit, and looked so odd that the manager even asked him if he was OK while he was waiting to be served. Read More >>

Banks Are Trying to Hack Themselves Today in Cyber-Attack War Game

Around 40 of the UK's largest banks and financial institutions are having a bit of a fun afternoon of hacking today, with the Bank of England leading a simulated cyber-attack on the financial industry to see what happens. Or what might happen. Read More >>

Fun Spoiled as Bank Demands a Dead Scientist for New £50 Note

The Bank of England has released some news we can understand for once, as it's all about the future of that rarest of English bank notes, the hold-it-up-to-the-light majesty of the big £50. Read More >>

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Security Camera Captures Five-Foot Python Falling From Bank Ceiling

What was probably a very boring meeting at a Chinese bank got a lot more exciting when a surprise reptilian guest dropped by. Read More >>

Country People Can’t be Bothered With Your Urban Digital Banking Obsessions

People who live in the rural masses of the UK aren't so bothered about banking apps, according to the Financial Conduct Authority, which says that just 23 per cent of country folk bother to do their banking through a smartphone – whereas 45 per cent of their clean-shod urban counterparts do. Read More >>

Major Bank Loses 12 Million Customers’ Data in the Most Embarrassing Way Possible

Just when you thought all data breaches amounted to hacker shenanigans, the largest bank in Australia has belatedly confirmed a different sort of breach story. BuzzFeed reports that the Commonwealth Bank lost 12 million customers’ data after magnetic tape backups containing their personal financial history from 2004 to 2014 went missing. It just lost them. They may have literally fallen off a lorry. And the bank didn’t even bother telling its customers about the incident. Read More >>

TSB Happy That Some Things Are Half Working Now

The TSB's mammoth IT fail has been resolved today, or at least that's what the bank and the besieged social media account of its boss are saying. What customers are saying, though, is that access to TSB accounts through apps and web sites is being restricted to a limited number of people to stop it falling down again; oh, and here are some images of incomprehensible error messages we're still getting to forward to your computer people. Read More >>

TSB Mixes Up Customer Accounts and Breaks Everything Else

The cutting and pasting fingers of TSB's social media operatives are going to be sore tonight, with the company forced to endlessly apologise this morning after weekend engineering work overran – leaving the bank's apps broken and allegedly leaking user data by showing some customers incorrect accounts when they do manage to log in. Read More >>

Virtual Bank Offers Disposable Debit Cards to Beat Fraud Anxiety

A modern digital bank that has no branches to close thinks it's on to an innovative winner that'll appeal to the fraud conscious, with financial startup Revolut about to launch a "disposable" single-use virtual debit card. Read More >>