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Equifax had ‘admin’ as login and password in Argentina

September 14th, 2017 (No Comments)

The credit report provider Equifax has been accused of a fresh data security breach, this time affecting its Argentine operations. Cyber-crime blogger Brian Krebs said that an online employee tool used in the country could be accessed by typing “admin” as both a login and password. He added that this gave access to records that […]

Commuters crawling to a standstill as city speeds fall

September 8th, 2017 (No Comments)

If it feels like your daily commute is taking longer and longer it’s probably because it is. New data shows that average driving speeds in many of Britain’s major cities are falling, adding time and frustration to the daily slog to and from work. In London, Glasgow and Manchester average speeds within a mile of […]

Nicky Morgan wants leaked report into RBS published

September 7th, 2017 (No Comments)

Treasury Committee chair Nicky Morgan has called for the full publication of a leaked report into the treatment of customers in RBS’s global restructuring group (GRG). The report, produced for the Financial Conduct Authority (FCA), suggested the group mistreated many of its clients. RBS denies that claim. Mrs Morgan has asked FCA chief executive Andrew […]

Bank of Scotland receives most complaints – again

September 5th, 2017 (No Comments)

The Bank of Scotland remains the most complained about financial business in the UK, according to the complaints watchdog. In the first six months of 2017 the Financial Ombudsman said it dealt with 20,541 complaints about the firm – part of the Lloyds Banking Group. However only 22% of those complaints were upheld. The vast […]

The Financial Conduct Authority (FCA) starts the clock on the two-year PPI reclaiming deadline.

September 4th, 2017 (No Comments)

MILLIONS more customers could be due compensation even if they’ve been turned down before because of the Plevin court ruling, experts have warned. The Financial Conduct Authority (FCA) today is starting the clock on the two-year PPI reclaiming deadline, as it seeks to draw a line under the mis-selling scandal that has already cost banks £27.4 billion. […]

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