FinTech Futures: Top five news stories of the week – 20 September 2024
Our pick of the top fintech news stories this week includes JP Morgan, CSI, Revolut and more.
TSB
Ex-TSB chief Paul Pester joins UK wealthtech start-up Firenze as chair
Launched in January, Firenze seeks to democratise access to Lombard lending.
UK’s CMA says Lloyds Bank, TSB, AIB and HSBC breached Retail Banking Order
The CMA will continue to monitor the compliance of the four banks.
Banking hubs set to open in 13 locations across UK
The increase in shared banking hubs comes as retail banks continue to pull out of the country’s high streets.
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
TSB partners ID verification firm Onfido to streamline onboarding process
TSB says customers can now open accounts and access mobile banking in 10 minutes.
TSB and BankiFi team up to launch Revenu app for small businesses
Revenu enables small businesses to receive quicker payments and to better manage their finances.
TSB to close 70 branches across UK as digital-first banking becomes norm
Over 90% of customer transactions are now carried out digitally, the bank says.
Sabadell confirms offer from Co-operative Bank for TSB
The Spanish bank says that its board has rejected the approach.
TSB lines up Scottish Widows’ Prettlejohn for chairman role
TSB seeks a new chair as its Sabadell departure remains up in the air.
Report: Self-service banking – the key to customer acquisition and retention
Fintech Futures investigates how self service banking has changed and what firms can do to keep up.
TSB COO: It’s easy to throw the rock at us and say ‘this guy crashed in 2018’
“Compare this company to the market,” says TSB’s COO.
TSB taps ApTap to help customers manage bills
Deal follows trial period featuring 10,000 TSB customers, who saved an average of £150 a year using the service.
Irish banks plan payments rival to take on fintech entrants
AIB, Bank of Ireland, TSB, and KBC pull together to battle fintechs like Revolut.
Glitch-riddled TSB goes down again on payday
“[It’s] payday so it means that TSB online banking and app is down again.”
Wesleyan Bank bags former TSB exec as digital head
The firm also hired a new chief financial officer in June.
TSB’s online and mobile banking goes down on April Fools
Phone lines were busy and branches weren’t reachable amid lockdown.
TSB selects Iress Lender Connect to boost brokerage
Iress calls the deal the first it has signed with a “top tier” bank
TSB plans 82 branch closures in £100m cost cutting exercise
UK bank spends 85% of income on running costs, says CEO.
TSB suffers fresh payments glitch
Customers reporting lack of wages as internet banking slows.
Open Banking Expo 2019: Innovation by regulation is a “flawed idea”
Panel believes that banks and partners can be trusted to innovate without deadlines.
TSB COO: “Whole host of things” need to be fixed
Bank executive spoke candidly at a company event.
TSB and Square partner to boost payments for SMEs
TSB business banking customers will be sent a free Square Reader.
TSB launches selfie account opening
The bank partnered with Jumio to develop the account opening technology.
The case of TSB and the importance of safeguarding banking cyber infrastructure
The security of online banking infrastructure is of pivotal importance.
Permanent TSB opens up new API portal
The Irish bank is keeping up with open banking developments.
TSB hit by £105m loss after IT woes
“Last year was TSB’s most challenging year.”
TSB and Metropolitan Police go fraudster hunting
Criminals (possibly) cower in terror as dynamic duo come out fighting.
Old guard and challenger banks sit at UK’s switching scheme table
Incentivised Switching Scheme welcomes 11 banks.
Banking tech problems hit TSB and Absa
UK and South Africa united in fintech grief.
Top fintech stories this week – 23 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
TSB’s new CEO aims for banking redemption
Debbie Crosbie to join troubled bank from CYBG. She’ll be busy.
More downtime for UK’s TSB, HSBC and Barclays
Mobile and internet banking seems to be the issue this time.
Top fintech stories this week – 7 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
TSB CEO goes as banking woes linger
After seven years as CEO, Paul Pester will leave the bank.
TSB berated for banking blip
Bank says service went down for 30 minutes. Not all agree.
TSB’s April IT crash leads to £107m loss
Results in a loss of customers and increased post-migration costs.
Barclays digital banking goes down
Seems to be resolved now, but it kept consumers unable to log in.
Banking problems return to TSB
Customers reporting online issues again.
Lloyds banking app crashes over weekend
Saturday not so sweet for Lloyds, TSB, Halifax and Bank of Scotland.
