UK supermarket chain Sainsbury's has confirmed its intention to assume full control of its banking operations and has hired US-based FIS as its chief technology partner.
UK supermarket chain J Sainsbury says it is in "advanced negotiations" with Lloyds Banking Group to take over full ownership of Sainsbury's Bank.
Sainsbury's Bank is delighted to announce today the appointment of Steve Burke as Chief Operating Officer, effective immediately.
UK supermarket giant Sainsbury's has begun trialling a service that lets customers scan items as they shop using their phone and pay at the till without unloading their trolley.
With the reputation of high street banks in the gutter, Brits are open to the idea of switching their allegiance to potential rivals, such as John Lewis and Amazon, from outside the industry.
Only one traditional financial services player has made it into the UK's top four rated credit card brands, with retailers dominating a list from Auriemma Consulting Group (ACG).
Sainsbury's Home Insurance has today announced that it is launching a brand new online customer offer. New customers purchasing combined buildings and contents cover online who have a Nectar card will receive a £40 Sainsbury's gift card to use in store.
Sainsbury's Travel Money today launches an online service that will allow customers to 'click and collect' their holiday money.
Internet and PC security specialist Prevx today announced that it is partnering with Sainsbury's Finance to offer the bank's 1.4 million customers free protection from online fraud.
Sainsbury's Finance estimates that £10.6 billion will be withdrawn from ATMs this December. This equates to around £341 million a day, £14.2 million an hour or £237,100 a minute. In total, it estimates that around £619 million more money will be withdrawn from ATMs this December than the same time last year.
© Finextra Research 2013