Three quarters of UK businesses favour digital onboarding when banking
Research from Encompass Corporation reveals business preference for banking providers with digital capabilities and smooth onboarding processes
- 21 September 2020
Challenger banks lead consumer satisfaction survey
The latest consumer satisfaction survey from The Competition Markets Authority (CMA) shows high levels of satisfaction with challenger digital banks, being rated much higher than their more traditional peers
- 21 August 2020
Over 40% of UK business plan to switch banking provider due to poor support during Covid-19
Companies in the UK unhappy with the level of support and insight offered from their banking provider during the Coronavirus crisis and considering scrapping their supplier, according to new poll from Encompass Corporation
- 1 June 2020
60% of SMEs say their bank has been slow to offer help during the Covid-19 outbreak
New research from the Lanop Accountancy Group reveals that 58% of SMEs are struggling to get the nesasary financial support they need from their bank during the Coronavirus outbreak
- 14 May 2020
40% of UK businesses axe banking applications due to ‘slowcoach’ diligence processes
Covid-19 crisis prompts urgent review around access to banking finance as polling research from Encompass Corporation reveals that nearly four in 10 companies have withdrawn from banking applications due to slow approval processes
- 30 March 2020
Budget: Anti-money laundering campaigners back £100m economic crime levy
Newly appointed Chancellor Rishi Sunak has confirmed plans in the Budget to supplement public sector funding with a charge paid by all groups that are subject to UK Money Laundering Regulations, which include banks, accountants, estate agents and solicitors
- 12 March 2020
EU privacy fines near £100m, but regulators are hungry for more
Over 160,000 data breaches recorded under the EU's General Data Protection Regulation (GDPR) so far, with bills totalling £97m, but compliance organisations are hungry for more
- 20 January 2020
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