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RBS invites external advisers to investigate SME handling
Despite having a clean bill of health not so long ago and the FCA already investigating, RBS has invited external auditors to look into its SME arm.
Imaging cheque service gives new meaning to Photo Shop
Barclays is rolling out its iPhone cheque-depositing facility to Android users after a successful first year. Lloyds are trialling a similar app.
Mobile banking: disruption on a global scale
Three start-ups are empowering small business owners in developing nations to manage their finances on their phone where traditional banking is off limits.
Disaster and mis-steps in banking industry abound
The personal and business bank account world is not-so-secretly in a shambles this week, as disastrous and embarrassing mis-steps come to light.
Customers of 2 banks left unable to use debit cards again
Customers of two personal and business bank account providers were left unable to make use of their debit cards once more due to a recurring ‘service issue’ that has already occurred four separate times over the past few weeks, it was recently reported.
Business bank accounts face tightened bank lending
Holders of UK business bank accounts had a rough go of it last month, with bank lending conditions tightening, experts say.
RBS posts £2b loss, pays staff £785m in bonuses
One personal and business bank account provider has been called into account for paying out £785 million in bonuses to staff members even as it posts almost £2 billion in losses for 2011, experts say.
NatWest lands in hot water yet again over ISA trap
One personal and business bank account provider is in hot water yet again over actions that purportedly trap savers into ISAs with low rates of return using a ‘bait and switch’ tactic, experts say.
Majority of SMEs rely on savings for working capital in 2011
According to the findings of a recently released research study, two out of every three small business bank account holders relied on savings for their working capital in 2011.
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