Tag: UK Finance
Which?-led consortium urges government to make fraud priority by removing barriers to data sharing
A Which?-led coalition representing some of the UK’s biggest banks and telecoms providers has made a landmark commitment to sharing data, as it urges the new government to make tackling fraud a national priority. The group, which includes Which?, Barclays, BT, Mobile UK, Nationwide, NatWest, Starling, Three UK, UK Finance, Virgin Media O2 and Vodafone,…
One in three card payments uses contactless technology
Around 20 million “tap and go” payments took place every day last year – meaning one in three card transactions is now contactless, figures from trade association UK Finance show. It said contactless card spending surged by nearly a third in 2018 year-on-year. Customers across the UK spent a total of £69 billion using contactless…
