Tag: UK Banks

UK bank employees international payments dissatisfaction

Only 51% of UK bank employees recommend their institutions' international payments services, according to a revealing survey commissioned by Wise. The findings underscore the pressing need for banks to revamp their cross-border payments solutions if they hope to stay competitive against dedicated international payment providers.

FCA unveils new Consumer Duty plan to boost savings interest rates

The FCA has unveiled actions under the Consumer Duty rules, outlining a 14-point plan aimed at enhancing cash savings interest rates.

Green’ demand: 40% Brits want banking tools for sustainability tracking

In a revealing new study by Tink, Europe's premier open banking platform, an estimated 40% of UK residents expressed interest in utilising banking tools to monitor their environmental footprint, however, only 24% of banks currently offer such capabilities.

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