01 September 2015

All retail banking news

As the contactless payments limit in Britain rises from £20 to £30, new figures from the UK Cards Association show that more than £2.5 billion was spent via tap and go in the first half of 2015.

Barclays to tap Bitcoin for charity donations

12 hours ago  | 0 comments | 4 tweets | 3 linkedin

Barclays is preparing a Bitcoin pilot that will enable people to make donations to charities in the cryptocurrency, according to the Sunday Times.

With contactless cards and mobile payments growing in popularity, a quarter of Brits think that in just five years' time they will no longer need cash, according to a survey for Lloyds Bank.

Payments UK sets out vision for 'world class' services

28 August 2015  | 0 comments | 15 tweets | 9 linkedin

Trade association Payments UK has vowed to improve access to payments infrastructure and give customers more control over transactions as part of a drive to ensure Britain has a "world class" system.

Swedish mPOS vendor iZettle has raised EUR60 million in a Series D funding round to help it launch a cash advance service for its small business customers.

HSBC glitch leaves thousands of customers without salaries

28 August 2015  | 1 comments | 12 tweets | 6 linkedin

An IT problem at HSBC has affected some 275,000 Bacs payments and left thousands of customers without their monthly salaries just before a bank holiday.

Retail banking announcements

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