Banking

ATM

UK’s ATMs disappear as digital cash edges closer

FINTECH firm Intergiro has conducted a study to find which UK regions have seen the biggest decline in cash machines since 2018. Using data from...
Printing money, 100 dollar notes. Nanny finance illustration

Does Nanny know what’s best for us…?

By CHARLES WHITE-THOMSON “NANNY finance” — excessive quantitative easing and rate-cutting by central banks — has dominated the world for many years. This overly soft...
Oleg Tinkov

Russian banker gives up citizenship over war

BILLIONAIRE Russian banker Oleg Tinkov has renounced his Russian citizenship in protest at the war in Ukraine. Tinkov, the founder of online Tinkoff Bank, said...
Greenwashing HSBC ad in Bristol

More greenwashing comes to light in HSBC ads

THE UK's Advertising Standards Authority (ASA) has taken its first action against a bank for greenwashing. It has banned two HSBC ads for misleading claims...
Payment rails illustration

Are you on the rails? Vital infrastructure for payments

By TOM BENTLEY ANY BUSINESS that deals with transactions and transfers must also deal with payment rails, which provide the infrastructure needed to carry money...
Boris Johnson and Rishi Sunak leaving Number 10

Boris out! UK SMEs voice drop of confidence in PM

THE MAJORITY of UK SMEs want Boris Johnson to step aside — with 63 percent saying they would like to see him forced out. In...
Money, squeeze, SME borrowing

£672bn of SME borrowing is unprotected: Legal & General

LEGAL & GENERAL estimates a business protection gap of £672bn for SMEs — with an overall gap estimated to extend into the trillions. Following their...
ABSA Bank Botswana branch

Booming in Botswana: Absa has taken inclusive banking to its heart

ABSA BANK Botswana — formerly Barclays Bank of Botswana Ltd — has been through some exciting times just lately. The adoption of the new...
Austro Control Tower, TrIIIple

Clean hands, clear conscience: a bank that drives green transition

Kommunalkredit Austria AG has ambitious goals, high ethical standards — and the dynamism to follow-through on major infrastructure projects. BV bailed-up CEO Bernd Fislage...
Lloyds Bank, Manchester

Lloyds Bank profits nosedived in 2020 … but less than expected

LLOYDS Bank has announced a 70 percent slump in annual profits. CEO Antonio Horta-Osorio said the pandemic had had a profound effect on the bank’s...