Regulators are demanding answers from Lloyds Banking Group after disruptions to its mobile apps revealed users’ payments data to other customers. The Financial Conduct Authority and the Information ...

Deputy Governor Sarah Breeden told the House of Lords financial services regulation committee on Wednesday that the BoE is ...

HSBC and Standard Chartered are expected to be among the first institutions licensed to issue stablecoins in Hong Kong, positioning two of the city’s major lenders at the centre of the government’s ...

Banks and several major EU governments are warning that Brussels risks layering new cyber security obligations on top of existing regimes, as debate intensifies over how the bloc should simplify its ...

Traditional banks will concede significant ground to challengers over the next four years and give up trillions of dollars of revenues to tech-native firms, according to Bain. A r ...

A building in the Dubai International Financial Centre was struck by debris from an intercepted drone on Friday morning, the ...

International and local banks across the Gulf region have closed branches and told staff to work from home after debris from an Iranian drone hit a building on the outskirts of the Dubai International ...

Amazon Web Services facilities in the United Arab Emirates are still facing disruption over a week after drone strikes damaged data centres and affected banking apps, according to some of the ...

After a five-year wait Revolut has secured a full UK banking licence, which industry experts believe will upend the market and pile pressure on the country’s big four banks. The award is the moment ...

HSBC and StanChart ‘most exposed to Middle East conflict’, says JPMorgan. HSBC and Standard Chartered are the European banks most exposed to the escalating conflict in the Mid ...

Banks are being urged to help combat a rise in juvenile cyber crime by detecting anomalies such as unexpected deposits or sudden luxury spending in accounts held by young customers.

The staggering growth of artificial intelligence and the infrastructure required to power it is reverberating through the banking industry. Big tech companies are undertaking massive investments to ...