According to new research from Tink, UK SMEs relying on outdated manual bank transfers as a primary method of payment lost out on an estimated £6.15 billion in sales last year. The study surveyed ...
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SMBs lose out on billions over fraud fears - and it's driving upgrades to business payment systems
Consumers don’t trust businesses that request bank transfers UK SMEs lost £6.15bn directly, and £31.4bn indirectly, in 2024 Pay by Bank is secure, quick and helps prevent fraud Open banking platform ...
Two 14-year-old Canadians hacked a Bank of Montreal ATM after finding an operator's manual online. The manual showed how to gain administrative control of the device, according to a media report ...
The Bank of England’s IT expenditure is being inflated by the use of legacy systems and the high level of manual processes, a government report has revealed. A report from Parliament's Public Accounts ...
As the government pushes for an expanded digital economy, a new manual aiming to address frauds in cyber and online banking is set to be in place by April 1. The thrust will be on continuous tracking ...
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