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Banking

Banking

Banking in 2018: Why change is the only constant

From financial inclusion tech to tapping into regtech, here are some of the biggest trends reshaping banking in 2018.

Opinion

How the PPI scandal has impacted British banks

For years now, British banks have been paying back money owed for mis-selling PPI; we take a look at how it has affected businesses.

Banking

The rise of Facebank: why social banking is here to stay

Verint's Steve Bell outlines the rise of social banking.

Banking

What benefits should your business bank account have?

Here are the main features you should be looking for when scouring the market for a new business bank account.

Alternative Finance for Business

How the Bank Referral Scheme is helping UK businesses

The Government-mandated Bank Referral Scheme requires the major banks to refer their rejected business loan applicants to three specifically designated finance platforms, one of which is Funding Options. CEO Conrad Ford explains how this scheme could boost UK's business landscape.

Alternative Finance for Business

What to expect from the bank referral scheme

According to figures from the British Business Bank, approximately 100,000 small and medium business finance applications are declined by banks each year, which is one of biggest drivers for the introduction of a bank referral scheme. Boost Capital's Alex Littner outlines what SMEs can expect with the scheme coming into effect

Entrepreneurs

Newcomer OakNorth Bank takes on business pain points

The five largest banks in the UK control 90 per cent of the market. This may not be the case for long, with latest entrant OakNorth Bank on the warpath, growing exponentially every quarter. Founder Rishi Khosla speaks to GrowthBusiness on how it all began and what lies ahead for UK's entrepreneurs seeking finance.

News

Bank overdrafts more expensive than payday loans

Borrowing money from your bank overdraft is more expensive than using payday loans, explains a report from consumer group Which?

News

The one thing UK’s big banks need to get right

The Competitions and Markets Authority's report published yesterday called for banks to ramp up their digital platforms for greater transparency in a customer-first approach.

Banking

Big banks have a two-year deadline to scale up technology

The Competitions and Markets Authority (CMA)'s final report to encourage more robust financial offerings for retail customers includes measures to make it easier for customers to search and switch finance providers|The Competitions and Markets Authority (CMA)'s final report to encourage more robust financial offerings for retail customers includes measures to make it easier for customers to search and switch finance providers

Opinion

Propelling banking into the digital age

Big data analytics may be the best bet for UK banks in their aggressive pursuit of appealing to the smartphone generation, writes Hello Soda CEO James Blake.

News

SME lending at risk as bank branches close

New research reveals that bank branch closures effectively kill off SME lending, which has prompted MPs to debate this in Parliament today.