News and Insight

The UK Finance press office provides industry comment, information and data on banking and finance issues

The UK Finance press office provides industry comment, information and data on banking and finance issues. We have a wide range of spokespeople available to speak to the media.

Journalists and media outlets can contact the press office on 020 7416 6750 or email press@ukfinance.org.uk. A duty press officer is always available via the same contact details for out of hours queries.

We are unable to deal with individual customer queries. Please contact your finance provider directly.

Filter News and Insights

Cash ISA Transfer Performance - Q1 2022

27.04.22

Press release

Cash ISA Transfer Performance - Q1 2022

A voluntary agreement between The Building Societies Association (BSA), The Investing and Saving Alliance (TISA) and UK Finance, sets a target of a minimum of 85 per cent of cash ISA transfers to be completed within seven working days for 2022.
Responding to the "Great Resignation"

27.04.22

Blog

Responding to the "Great Resignation"

The employment environment is changing, with resignations close to all-time highs.
Operational resilience: streamlining your compliance processes

26.04.22

Blog

Operational resilience: streamlining your compliance processes

Now that the 31 March deadline for complying with the Prudential Regulatory Authority's (PRA) Operational Resilience requirements has passed, risk and compliance teams at impacted financial institutions will likely breathe a sigh of relief - even if it is momentary.
Cloud in financial services

22.04.22

Blog

Cloud in financial services

In the UK, the ONS reports around 36 per cent of workers across all industries working either entirely remotely or in a hybrid as of April 2021. Recent Accenture research finds about a quarter of finance professionals want to work remotely going forward while several studies show this to be a growing trend and one that will likely persist well beyond the pandemic.
Fincrime intelligence sharing: for secure Europe-wide AML, fraud and sanctions data exchange

20.04.22

Blog

Fincrime intelligence sharing: for secure Europe-wide AML, fraud and sanctions data exchange

The need for secure, fast, and fully compliant fincrime intelligence sharing has never been more pressing.
Request to Pay - the next big thing in payments?

19.04.22

Blog

Request to Pay - the next big thing in payments?

By providing a secure messaging channel for billers to initiate payment requests, and payers to choose when - and how much - they pay, Request to Pay is unlocking new flexible ways for money to move between people, organisations and businesses.
Explaining the Moveable Transactions (Scotland) Bill

13.04.22

Blog

Explaining the Moveable Transactions (Scotland) Bill

With the Moveable Transactions (Scotland) Bill set to be introduced into the Scottish parliament as early as next month, Scotland's outdated landscape of financing "moveable property" is to be overhauled. The Bill will fundamentally alter a system ill-suited to modern commercial financing needs, removing disadvantages facing both financiers and the client businesses they seek to support.
UK Finance: People under 35 are more at risk from impersonation scams

13.04.22

Press release

UK Finance: People under 35 are more at risk from impersonation scams

People under 35 are more likely than older age groups to have been targeted in an impersonation scam and be swayed to provide personal or financial information, according to a new survey by UK Finance's Take Five to Stop Fraud campaign.
The regulatory landscape in 2022

12.04.22

Blog

The regulatory landscape in 2022

2022 has already seen a range of new regulatory developments. Financial services firms must prepare for the next wave of change to ensure they react effectively and efficiently.