Around 1.2 million current accounts were ditched and switched by customers in 2024, marking the second year in a row that the total was more than one million, according to a service set up to take the ...

"When the scare of bank runs started happening, there was a lot of movement and people switching accounts."—Kurt Lin, CEO of Pinwheel. Hours after Silicon Valley Bank's crisis made headlines on March ...

Deutsche Bank AG has confirmed that a data breach on one of its service providers has exposed customer data. The bank identified the incident as a MOVEit Transfer data breach attack, according to a ...

It’s a brave new world for banking. Electronic payments reign supreme and fraudsters lurk in the digital shadows, and that means switching banks has become a delicate dance of security and convenience ...