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UK Finance Card Spending Update June 2025
September 16 2025
UK Finance today releases its card spending data for June 2025, covering the monthly value and volume of transactions across debit and credit cards, both in the UK and of UK-issued cards across the world. This data also covers outstanding balances on credit cards, card issuance and contactless payments. The highlights can be found below.
Strengthening UK Ties: ComplyControl Becomes Associate Member of UK Finance
July 11 2025
ComplyControl is excited to announce that it has officially become an Associate Member of UK Finance
Mastercard Sandbox Allows Experimentation into the ‘Art of the Possible’ for the UK National Payments Vision
June 25 2025
Mastercard will provide access to its fifth generation A2A instant payments technology via a sandbox
Banks Working to Support Access to Finance for Disabled Entrepreneurs
June 23 2025
UK Finance releases a new report on the progress made by banks following the introduction of the Disability Finance Code for Entrepreneurship (DFCE) in December 2024, which aims to improve the entrepreneurial landscape for disabled individuals.
Major Step Forward in Creation of Digital Company ID as Finance & Tech Leaders Begin Work on Prototypes, Use Cases and Governance
April 9 2025
CFIT today announces a major development in its work to drive the creation and adoption of Digital Company ID in the UK
The Prudential Regulation Authority Proposes Raising FSCS Deposit Protection Limit to £110,000
March 31 2025
The PRA has today proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000
Capital.com Joins TheCityUK and UK Finance to Drive UK Fintech Growth
March 31 2025
Capital.com, the high-growth global trading platform and fintech group whose trading volumes surpassed $1.7trn in 2024, is proud to announce it has joined TheCityUK and UK Finance. These strategic affiliations evidence Capital.com’s continued dedication to advancing the UK financial services and fintech sectors, advocating for forward-thinking financial policies, and leveraging technology to drive sustainable growth in financial services.
Protect Your Business From Scams as the End of the Tax Year Nears
March 4 2025
This outlines how businesses should protect themselves against CEO, invoice, and mandate scams as the […]
Mobile and Banking Industries Join Forces to Fight Fraud
November 5 2024
GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s […]
Over £570 Million Stolen by Fraudsters in the First Half of 2024
October 18 2024
UK Finance today releases its Half Year Fraud report, detailing the amount its members reported […]
SIMEX 24 – a Major Market-Wide Simulation Exercise to Test the UK Financial Sector’s Resilience to a Major Operational Disruption
October 2 2024
The Bank of England, in partnership with UK Finance, the financial sector and the other […]
UK Finance Announces Successful Outcome of Regulated Liability Network Experimentation Phase
September 17 2024
Since April 2024, UK Finance has been working with eleven of its members (Barclays, Citi […]
One Third of UK Adults Now Use Mobile Contactless Payments
July 24 2024
UK Finance today releases its latest Payment Markets Report, produced in collaboration with Accenture, which […]
UK Finance Launches Site to Support Charity Access to Banking Services
July 22 2024
UK Finance today launches a new site including a step-by-step digital guide and FAQ to […]
UK Reaches 150 Million Contactless Cards in Issue
June 18 2024
UK Finance today releases its card spending data for March 2024, covering the monthly value […]
Household Finances in a Better Place but Pressures Remain
June 3 2024
UK Finance today releases its latest Household Finance Review for Q1 2024, exploring trends across […]
UK Finance Publishes Financial Services Manifesto
May 30 2024
UK Finance has today released its financial services manifesto, outlining key priorities the next government […]
Fraud Remains a Major Problem as Over £1 Billion is Stolen by Criminals in 2023
May 22 2024
UK Finance has today released its 2024 annual fraud report, detailing the amount its members […]
UK Finance Publishes Report to Facilitate Commercial Variable Recurring Payments
April 22 2024
UK Finance, in association with law firm Addleshaw Goddard LLP, is today announcing a report […]
UK Finance Announces New Regulated Liability Network Experimentation Phase
April 15 2024
UK Finance has today announced work on a new UK Regulated Liability Network (RLN) experimentation […]
Feedzai Partners with UK Finance for Annual Fraud Report 2024
February 28 2024
Feedzai, a global leader in fighting financial crime with AI, has partnered with UK Finance, […]
Banks can tackle financial fraud by using new homomorphic encryption technology
February 19 2024
Criminals successfully stole over half a billion pounds over a period of just six months […]
British Business Bank Launches Asset-Based Lending Variant of the Recovery Loan Scheme
December 14 2023
The British Business Bank has launched an asset-based lending variant of the Recovery Loan Scheme. […]
Majority of Banks Piloting Opportunities of Generative AI - and Preparing for the Risks, According to New Industry Study
November 23 2023
UK Finance and global management consultancy Oliver Wyman today release their report on the use […]
PSR publishes first APP scams performance report
October 31 2023
New figures released today by the PSR show, for the first time, the full extent […]
Criminals Steal Over Half A Billion Pounds And Nearly 80 Per Cent Of App Fraud Starts Online
October 25 2023
UK Finance today releases its half-year fraud report, detailing the amount its members reported as […]
Glassbox Announces Partnership With UK Finance
May 17 2023
Glassbox (TASE:GLBX), a leading provider of digital experience analytics for web and mobile applications, today […]
Over £1.2 billion stolen through fraud in 2022, with nearly 80 per cent of APP fraud cases starting online
May 11 2023
Over £1.2 billion was stolen through fraud in 2022, a reduction of eight per cent […]
TSB Responds to UK Finance Fraud Report, With Calls for Mandated Refunds & Action From Social Media
May 11 2023
UK Finance today releases its Annual Fraud Report, detailing the amount of money stolen by […]
Feedzai partners with UK Finance for Annual Fraud Report 2023
March 9 2023
Feedzai, the market leader in fighting financial crime with AI, has partnered with UK Finance, […]
UK Finance Helps Deliver On Industry Commitment To Protect Access To Cash
December 22 2022
UK Finance has played a leading role in the launch of Cash Access UK Ltd, […]
UK Finance: Contactless makes up a third of all payments, while cash use falls again in 2021
September 25 2022
UK Finance has published its latest Payment Markets Report, reporting on payment trends during 2021 […]
UK Finance: Contactless makes up a third of all payments, while cash use falls again in 2021
August 17 2022
UK Finance has published its latest Payment Markets Report, reporting on payment trends during 2021 […]
New research offers fresh thinking about payments regulation post-Brexit
March 17 2022
The Payments Association (formerly The Emerging Payments Association (EPA)), UK Finance, the collective voice for the banking […]
UK Finance: Average contactless payment increases by almost 30% since new £100 limit was introduced
March 16 2022
December 2021 card spending data from UK Finance reveals that the average amount spent per contactless […]
UK Finance sets out strategy for open banking payments
November 22 2021
UK Finance has set out recommendations for the future strategy of open banking payments in […]
UK Finance launches COP26 and Beyond report
November 4 2021
UK Finance today releases a new report, COP26 and Beyond, which looks at the current state […]
Rollout of new £100 contactless limit begins today
October 15 2021
The national roll-out of the new £100 spending limit for contactless card payments will begin […]
The world’s first Open Banking variable recurring payments hackathon
September 3 2021
Leading brands in the world of open banking today announced an important new open banking […]
New Appointments to UK Finance Board
July 2 2021
UK Finance has announced four new appointments to the UK Finance Board as of 1 […]
Fintech
Strengthening UK Ties: ComplyControl Becomes Associate Member of UK Finance
July 11 2025
ComplyControl is excited to announce that it has officially become an Associate Member of UK Finance
Banks Working to Support Access to Finance for Disabled Entrepreneurs
June 23 2025
UK Finance releases a new report on the progress made by banks following the introduction of the Disability Finance Code for Entrepreneurship (DFCE) in December 2024, which aims to improve the entrepreneurial landscape for disabled individuals.
Major Step Forward in Creation of Digital Company ID as Finance & Tech Leaders Begin Work on Prototypes, Use Cases and Governance
April 9 2025
CFIT today announces a major development in its work to drive the creation and adoption of Digital Company ID in the UK
The Prudential Regulation Authority Proposes Raising FSCS Deposit Protection Limit to £110,000
March 31 2025
The PRA has today proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000
Capital.com Joins TheCityUK and UK Finance to Drive UK Fintech Growth
March 31 2025
Capital.com, the high-growth global trading platform and fintech group whose trading volumes surpassed $1.7trn in 2024, is proud to announce it has joined TheCityUK and UK Finance. These strategic affiliations evidence Capital.com’s continued dedication to advancing the UK financial services and fintech sectors, advocating for forward-thinking financial policies, and leveraging technology to drive sustainable growth in financial services.
Protect Your Business From Scams as the End of the Tax Year Nears
March 4 2025
This outlines how businesses should protect themselves against CEO, invoice, and mandate scams as the […]
Over £570 Million Stolen by Fraudsters in the First Half of 2024
October 18 2024
UK Finance today releases its Half Year Fraud report, detailing the amount its members reported […]
SIMEX 24 – a Major Market-Wide Simulation Exercise to Test the UK Financial Sector’s Resilience to a Major Operational Disruption
October 2 2024
The Bank of England, in partnership with UK Finance, the financial sector and the other […]
UK Finance Launches Site to Support Charity Access to Banking Services
July 22 2024
UK Finance today launches a new site including a step-by-step digital guide and FAQ to […]
Household Finances in a Better Place but Pressures Remain
June 3 2024
UK Finance today releases its latest Household Finance Review for Q1 2024, exploring trends across […]
UK Finance Publishes Financial Services Manifesto
May 30 2024
UK Finance has today released its financial services manifesto, outlining key priorities the next government […]
Fraud Remains a Major Problem as Over £1 Billion is Stolen by Criminals in 2023
May 22 2024
UK Finance has today released its 2024 annual fraud report, detailing the amount its members […]
UK Finance Announces New Regulated Liability Network Experimentation Phase
April 15 2024
UK Finance has today announced work on a new UK Regulated Liability Network (RLN) experimentation […]
Feedzai Partners with UK Finance for Annual Fraud Report 2024
February 28 2024
Feedzai, a global leader in fighting financial crime with AI, has partnered with UK Finance, […]
Banks can tackle financial fraud by using new homomorphic encryption technology
February 19 2024
Criminals successfully stole over half a billion pounds over a period of just six months […]
British Business Bank Launches Asset-Based Lending Variant of the Recovery Loan Scheme
December 14 2023
The British Business Bank has launched an asset-based lending variant of the Recovery Loan Scheme. […]
Majority of Banks Piloting Opportunities of Generative AI - and Preparing for the Risks, According to New Industry Study
November 23 2023
UK Finance and global management consultancy Oliver Wyman today release their report on the use […]
PSR publishes first APP scams performance report
October 31 2023
New figures released today by the PSR show, for the first time, the full extent […]
Criminals Steal Over Half A Billion Pounds And Nearly 80 Per Cent Of App Fraud Starts Online
October 25 2023
UK Finance today releases its half-year fraud report, detailing the amount its members reported as […]
Glassbox Announces Partnership With UK Finance
May 17 2023
Glassbox (TASE:GLBX), a leading provider of digital experience analytics for web and mobile applications, today […]
Over £1.2 billion stolen through fraud in 2022, with nearly 80 per cent of APP fraud cases starting online
May 11 2023
Over £1.2 billion was stolen through fraud in 2022, a reduction of eight per cent […]
TSB Responds to UK Finance Fraud Report, With Calls for Mandated Refunds & Action From Social Media
May 11 2023
UK Finance today releases its Annual Fraud Report, detailing the amount of money stolen by […]
Feedzai partners with UK Finance for Annual Fraud Report 2023
March 9 2023
Feedzai, the market leader in fighting financial crime with AI, has partnered with UK Finance, […]
UK Finance Helps Deliver On Industry Commitment To Protect Access To Cash
December 22 2022
UK Finance has played a leading role in the launch of Cash Access UK Ltd, […]
The world’s first Open Banking variable recurring payments hackathon
September 3 2021
Leading brands in the world of open banking today announced an important new open banking […]