55 Results from "Metro Bank"
/security
Metro Bank is using technology from AI firm Ask Silver to enable customers to instantly check whether they are at risk of a scam by spotting fraudulent communications.
07 April 2025
/ai
Metro Bank is to implement an agentic AI platform from Covecta to slash the time taken to process loans across its corporate and commercial credit businesses
17 March 2025
/crime
The UK's Financial Conduct Authority has fined Metro Bank £16.7 million for financial crime failings after a new transaction monitoring system implemented in 2016 went on the blink.
12 November 2024
Tech giant Meta says it will expand an information sharing partnership with UK banks after a pilot with NatWest and Metro helped take out thousands of scammers on its platforms.
03 October 2024
UK lender Metro Bank is axing around 300 jobs and calling in Infosys for an IT overhaul as it bids to find £80 million a year in savings.
18 September 2024
/retail
NatWest has bought Metro Bank’s £2.4b mortgage book, while also admitting to being forced to spend £24m on cancelled “Tell Sid” campaign by the previous government.
26 July 2024
Metro Bank has announced its CFO James Hopkinson will leave his role after joining in September 2022.
12 January 2024
Struggling UK lender Metro Bank is planning to reduce store opening hours and cut 20% of its staff in a bid to slash costs by £50 million per year.
30 November 2023
/people
Metro Bank has held a series of tech workshops for primary school children from the most deprived parts of London.
24 October 2023
Metro Bank has had a rough week. News that the UK challenger bank was planning to raise up to £600 million from investors, prompted financial watchdogs to summon the bank’s bosses for a sit-down.
06 October 2023
/payments
Metro Bank is moving into the auto finance market, beginning with real-time hire purchase loans for used cars currently available through motor brokers.
23 January 2023
UK Government has confirmed that of the £47 billion provided in loans through the Bounce Back Loan (BBL) scheme, £1.1 billion of these loans are suspected to be fraudulent.
07 September 2022
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