Anna Roughley News Today

UK Finance recently released their latest fraud report. Lending Standards Board has provided their perspective on the findings.

Santander UK is terminating its membership of a major lending standards body to avoid confusion over the duplication of voluntary and regulatory industry standards.

Santander UK is reportedly cancelling its membership of a key lending standards body because of the duplication of regulatory standards to which the industry is required to adhere.

Britain’s fifth-biggest bank is terminating its membership of the Lending Standards Board, citing the risk of confusion among staff and customers, Sky News learns.

Digital banking is popular with banks, lenders, and many of their customers, but are those who value human interaction being left behind? How can banks and lenders cater to all customers’ preferences, not just those who embrace digitalisation? By integrating digital tools with reinvented physical access, banks and lenders can inclusively provide the best of both worlds.