We've heard about various governments looking to crack down on cryptocurrency this year and now it looks like banks are joining in. Banks across the US have already begun banning Bitcoin purchases with credit cards and now the same thing is happening here in the UK. This week it was …
Read More »UK banks may not be reporting all breaches to customers
If one thing has become apparent from breaches of corporate stores of customer information in recent years, it's that the fall out is usually lessened if you give people a heads up that they may have been compromised. An alternative for British banks though, is to just not tell anyone. One security …
Read More »Apple Pay to arrive in the UK next year following tricky negotiations
Apple Pay is due to arrive in the UK next year but according to new reports Apple's negotiations are being held up as some banking executives fear that the mobile payment service could serve as a “beachhead for Apple's invasion of the banking industry”. Additionally, at least one of the …
Read More »Banks turn cannibal as Barclays prepares to eat young
In an exclusive interview with the BBC, Barclays boss Bob Diamond seems to have started using language that will make smaller financial institutions shake in their fur-lined booties. KitGuru pretends to open a joint chequeing account, just to hear the tellers talk. While the business world plus dog bangs on …
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