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The Latest Breaking News from TSB

UK fines TSB Bank nearly £50 million for IT fail

London (AFP) - British regulators on Tuesday said they had fined TSB Bank £48.7 million ($59 million) over an IT upgrade that left customers unable to access services.

AFP

TSB fined almost £50 million for IT meltdown that locked customers out of accounts for weeks

The botched systems change in 2018 led to a weeks-long lockout for customers

Evening Standard

TSB fined £48.7m over 2018 IT meltdown that left customers unable to access services

FCA said bank 'failed to plan for the IT migration properly' - TSB apologises again

Insider UK

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TSB Bank fined nearly £50m after botched computer upgrade in 2018

The bank was attempting to switch over to a new IT system but the transfer went wrong. Regulators said there were "widespread" issues in how it handled customer data.

Wales Online

TSB fined £48m over ‘serious failings’ in IT meltdown

FCA penalises bank after millions of customers were locked out of their accounts for weeks

The Guardian - UK

TSB fined £48m over IT migration meltdown; UK house prices ‘could fall 5%’ in 2023 soft landing – as it happened

Nationwide says a ‘relatively soft landing’ in housing market is possible, while TSB is penalised for operational failings over botched move to new IT platform in 2018

The Guardian - UK

Pride of Manchester Awards 2023 - here's how to nominate your hero

One of last year's winners said the awards have given their cause 'such a huge' recognition

Manchester Evening News

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TSB launches new ‘Emergency Flee Fund’ for people experiencing domestic abuse

TSB branches in Alloa, Dundee and Galashiels are part of a pilot scheme offering dedicated support.

Daily Record

TSB launches emergency flee fund for people experiencing domestic abuse

People will be able to get support payments of £50 to £500, depending on their need.

The Independent UK

Martin Lewis recommends the best bank account switches to gain hundreds of pounds for free

The consumer champion said the change could help households cover the post-Christmas bills

Wales Online

Five scams to watch out for on Facebook Marketplace

More than half of social media purchase fraud is linked to Facebook, according to TSB, from fake ads to phishing links

Wales Online

Santander, HSBC, Nationwide, Lloyds Bank and TSB customers warned over fraud protection levels

Which? tested the effectiveness of the leadings banks scamming protection after a survey found 68 per cent of victims faced spoofing calls when initially approached by fraudsters.

Edinburgh Live

Santander, HSBC, Nationwide, Lloyds Bank and TSB customers issued protection warning

Consumer group Which? tested the effectiveness of five leading banks and their consumer protection levels as fraudsters continue to use spoofing calls and emails to fool victims.

Glasgow Live

Bank warning issued to customers including Santander, HSBC, Nationwide and more

Some customers could reportedly be left vulnerable to fraudulent spoofing attempts, according to a consumer group's investigation

Manchester Evening News

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Daily Mirror

Experts detail five scams to watch out for on Facebook Marketplace as fraud cases soar

Scams on Facebook Marketplace are now the most common type of purchase fraud dealt with by at bank call centres, according to insiders, with experts giving their tips on how to avoid being a victim

Chronicle Live

From fake ads to phishing links - five scams to watch out for on Facebook Marketplace

More than half of social media purchase fraud is linked to Facebook, according to TSB. We warn you what to look out for

Chronicle Live

Santander, Nationwide, Lloyds and HSBC scam warning with all customers 'at risk'

An investigation has found that customers at several major UK banks could be vulnerable to a "particularly malicious" form of fraud

Nottingham Post

HSBC, TSB, Santander, Lloyds Bank, Nationwide and Virgin Money warning to customers

An investigation has taken place

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Liverpool Echo

Santander, HSBC, Nationwide, Lloyds Bank and TSB warning to bank account holders

Some banks may be leaving customers vulnerable to fraudulent spoofing scams, according to a report

Wales Online

Some banks 'are leaving customers vulnerable to spoofing scams' - is yours one of them?

Fraudsters use number spoofing to make calls appear to be from genuine companies

The Independent UK

Banks leaving customers vulnerable to fraudulent ‘spoofing’ scams, says Which?

Fraudsters use number spoofing to make calls appear to be from genuine companies.

Daily Mirror

Martin Lewis fans explain how they made easy £375 for free from their banks - you can too

High street lenders regularly offer “switch bribes” to encourage you to ditch your current bank and move over to them instead - and if you take advantage, you could end up being hundreds of pounds up

Wales Online

New effort launched to protect small firms from late payments

Small Business Britain, TSB and Revenu, a payments app powered by BankiFi, have formed a new partnership to help small business owners get paid on time and tackle the challenge of poor late payment practices

Daily Mirror

Ukraine refugees on Mirror Pride of Britain Awards stage were pride of the world

The 15 refugees from Ukraine accepted a special Spirit of Freedom award and leaving behind to make the hazardous journey to the UK to escape the war

Daily Mirror

Zelensky thanks Mirror Pride of Britain Awards for recognising bravery of Ukraine people

Fifteen refugees took to the stage of London’s Grosvenor Hotel on Monday night where they were given a special Spirit of Freedom Award in an emotional ceremon

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