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UK Finances launches, represents 300 companies in the UK

From this week, the finance and banking industry operating in the UK will be represented by a new trade association, UK Finance. UK Finance will represent over 300 firms in the UK providing credit, banking, markets and payment-related services. Its members offer a wide range of financial and advisory services across both mutual and corporates, […]

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Card payments more than double in 10 years

The number of purchases using debit and credit cards has more than doubled in the past 10 years, as contactless payments and online retail have driven a change in the way consumers pay, a new report from The UK Cards Association shows. Debit and credit cards were used to make 16.4 billion purchases in 2016, […]

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Panic! Contactless card fraud is on the rise!

By Andy Ramsden, Trustonic. So, contactless card fraud hit £7m in the UK in 2016, up from £153k in 2014. Cue click-bait headlines about fraud soaring by almost 4,500%. When you dig a bit deeper, this is both mischievous scaremongering and quite misleading. Salacious spending spree Firstly, the article explains how contactless card theft allows […]

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Contactless donation points now available in Bristol

Contactless donation points have been set up in Bristol, where members of the public can donate £2 by a tap of their debit card to help fund night shelters for homeless people in the UK city. The contactless units have been placed in the Broadmead shopping centre and on the waterfront on behalf of Safer […]

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