Banking

People who are tricked into transferring money to a fraudster may be able to get their cash back under proposed new rules – and several major banks are to start reimbursing victims straight away.

Scammers stole more than £500 million from UK bank customers in the first half of 2018, the equivalent of around £2.75 million a day.

MoneySavingExpert.com founder Martin Lewis has hit out at comments from Barclays chairman John McFarlane, who claimed in a newspaper interview this weekend that the PPI scandal has turned "portions of Britain into fraudsters."

Sainsbury's Bank credit card-holders have been hit with late payment fees after the bank changed its direct debit procedure and gave customers incorrect information about how the new system worked, MoneySavingExpert.com can reveal.

Credit reference agency Equifax has been fined £500,000 following an investigation into a hack last year, which compromised more than 15 million UK customer records. 

Barclays has confirmed that its online and telephone banking services are down – and there are some issues with its app and in-branch services.

Almost 250 million old £5 and £10 paper notes have yet to be returned to the Bank of England since shops stopped accepting them – if you've got one, here's how to make it spendable again.

TSB boss Paul Pester is to leave the bank following months of IT problems earlier this year and ongoing subsequent issues.

Some TSB customers are locked out of their online and mobile banking this morning – after  attempted maintenance work over the weekend.

TSB has crashed to the bottom of our banking customer service poll, with almost half of those who rated it describing its service as 'poor' over the last six months.