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The Latest Breaking News on Financial Services

Revolut launches 5% savings rate for new bank customers

Customers must sign up for an account before 4 August to be eligible

The Independent UK

Two thirds of our customers’ fraud cases start on Meta, Lloyds says

Two thirds of our customers’ fraud cases start on Meta, Lloyds says

Scams include tickets fraud, wedding photobooths, and tattoo deposits, Lloyds said

The Independent UK

Credit cards aren’t evil – if you know how to use them the right way

Credit cards aren’t evil – if you know how to use them the right way

Using a credit card is no different than having a drink or two at dinner or a Big Mac once in a while. It’s fine, just don’t overdo it

The Guardian - US

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‘I’m down to one option’: bank customers left frustrated by latest closures

Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street services

The Guardian - UK

Canadian man settles in India with wife's family: Cost of living way lower than Toronto, lost 14lbs in 5 months

A Canadian man shared his experience of shifting to India, Bengaluru, permanently, with his wife and how his first five months in India have been both frustrating and rewarding. It has been five months but the man has not been able to open a bank account. A lot of to…

The Times of India

Six more Royal Bank of Scotland branches to close in Scottish towns

NATWEST Group has announced that it will close six more Royal Bank of Scotland branches across Scotland ...

The National (Scotland)

Amartha Initiates Coalition to Advance Financial Health for Grassroots Communities in Indonesia

JAKARTA, Indonesia, June 5, 2026 /PRNewswire/ -- Amartha Financial (Amartha), together with Women's World Banking, Center for Financial Inclusion at Accion, Mastercard Center for Inclusive Growth, CERISE+SPTF, SME Finance Forum (SMEFF), KUMPUL, Beenext, and Koalisi Ekonomi Membumi (KEM) officially launched the Indonesian Coalition for Financial Health (ICFH). This cross-sector coalition…

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SCB X tempers Gen 2 growth ambitions

SCB X tempers Gen 2 growth ambitions

SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), expects to maintain single-digit loan growth for its Gen 2 businesses under a cautious strategy despite their strong growth potential.

Disgraced Army vet and sex offender sparked Bakersfield hostage crisis by telling victims it was a ‘bad day to be at the bank’

Disgraced Army vet and sex offender sparked Bakersfield hostage crisis by telling victims it was a ‘bad day to be at the bank’

Anthony Scott Searles-Harris held 10 people hostage at a California bank for 15 hours before he was shot dead by the FBI

The Independent UK

Lloyds customers unable to make payments due to IT glitch

Lloyds customers unable to make payments due to IT glitch

Bank apologises after IT update caused problems with Lloyds, Halifax and Bank of Scotland apps

The Guardian - UK

Banking apps down latest: Lloyds, Halifax and Bank of Scotland customers hit by outage

Banking apps down latest: Lloyds, Halifax and Bank of Scotland customers hit by outage

Almost 5,000 reports of outages have been logged, with many unable to make payments via their cards, online banking or app

Evening Standard

Lloyds Bank customers report issues with banking site and app not working

Lloyds Bank customers report issues with banking site and app not working

Lloyds Bank customers have shared that they are facing issues with the website and app going down this morning (Wednesday, June 3)

The National (Scotland)

Man barricades himself inside US bank with hostages

Police are on the scene in Bakersfield, California after a man barricaded himself inside a bank building with a number of hostages.

SCB relying on attrition to reduce its headcount

SCB relying on attrition to reduce its headcount

Siam Commercial Bank (SCB) has no plans to recruit new employees to replace staff leaving through attrition, targeting a workforce of around 15,000 employees by the end of next year.

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GSB set to reward good borrowers with lower rates

Government Savings Bank (GSB) is preparing a new initiative to assist borrowers with good repayment discipline by lowering their interest rates, in an attempt to help them pay off their debts more quickly.

Co-pay scheme kicks off

More than 39.2 million people will receive 1,000 baht in government support from today as the Thais Help Thais Plus co-payment scheme officially begins, says the Finance Ministry.

'Blows my mind': KPMG's whistleblower issues collide

A consultancy firm facing claims it mishandled allegations of misconduct by a whistleblower was dealing with whistleblower complaints for major companies.

The Times of India

Social Security payment change will affect 3.6 million beneficiaries: What Direct Express users need to know

Millions of Social Security beneficiaries who receive their monthly payments through Direct Express prepaid debit cards are set to experience an important administrative change. The US Department of the Treasury has begun transitioning the Direct Express programme from Comerica Bank to Fifth Third Bank, which will become the new financial…

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The Independent UK

How smarter use of digital banking could save you thousands of pounds

Financial experts explain how money can be saved by using banking apps to get better credit card and mortgage deals plus debt and investment advice.

Ascend Bank aims for July launch

Ascend Bank, the virtual bank backed by Charoen Pokphand (CP) Group, is expected to debut in July, says Suphachai Chearavanont, senior vice-chairman of CP Group and board chairman of True Corporation.

International Business Times

JPMorgan CEO Says Company Could Spend $20 Billion on Acquisitions

JPMorgan CEO Jamie Dimon said that "There might be, in the next couple years, a chance to put $10 [billion] or $20 billion to work buying something."

Evening Standard

Government ‘fully committed’ to releasing Mandelson files amid further reports

It comes after Parliament’s intelligence watchdog accused the Government of withholding certain documents.

Scam victims to get automatic financial compensation

Up to $3000 will be reimbursed to Australians who lose money through simple scam operations in order to lower the cost of investigations.

Clicx unveils next-generation banking vision

Clicx Bank, Thailand's first virtual bank licence holder, is scheduled to launch its mobile application on June 19, aiming to tap underserved customers.

Sansiri, SCB eye young affluent homebuyers

SET-listed developer Sansiri has partnered with Siam Commercial Bank (SCB) to increase sales of residential units priced more than 10 million baht, targeting young affluent homebuyers who are not existing SCB wealth clients, with a goal of generating 13 billion baht in sales within one year.

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