Co-operative Bank Plc

58 results about this entity

Period: 16 Nov 2004 - 23 Jan 2024

/retail

Moneyhub first to add Co-op Bank, Smile Bank and Kroo Bank open banking connections

Moneyhub, the market-leading data and payments platform, has today announced it has become the first third-party provider (TPP) to connect to Co-op Bank, Smile Bank and Kroo Bank.

/identity

The Co-operative Bank selects Onfido to automate customer onboarding

Onfido, the leading global provider of automated digital identity verification, today announced a partnership with The Co-operative Bank, the original ethical bank, enabling a streamlined, secure digital identity verification for its new customers.

/retail

Co-operative bank leads race to acquire Sainsbury's mortgage book - Sky News

The Co-operative bank is reportedly the frontrunner in the bidding process for the £650 million mortgage loan book of supermarket chain Sainsbury's, heralding a turnaround in the fortunes of the once distressed lender.

/people

Co-op Bank poaches Nationwide CIO Delooze

The Co-operative bank has poached Nationwide's CIO Gary Delooze as its new chief information officer.

/cloud

Co-operative Bank shifts treasury operations to the cloud

The UK's Co-operative Bank is to migrate its treasury operations to the cloud, utilising Finastra's Kondor platform running on Microsoft Azure.

/wholesale

Co-op Bank invests in Bankifi

The Co-operative Bank has invested £500,000 in Manchester-based fintech Bankifi as part of a major co-development deal.

/payments

BankiFi debuts incoming request to pay app in association with the Co-operative Bank

Banking technology platform provider BankiFi, in association with The Co-operative Bank, has launched a new Request to Pay (RTP) service: Incomeing.

Co-op Bank acquisition talks fall through

The Co-operative Bank plc (the Bank) and/or its ultimate shareholders from time to time attract approaches regarding the possibility of acquiring the Bank, given the progress made in its turnaround and strength of its brand.

/retail

Co-op Bank to slash 350 jobs, close branches

The UK's Co-operative Bank is to shed 350 jobs and close 18 branches in a bid to cut costs in the face of the ongoing Coronavirus pandemic and low base rates.

/retail

Challengers beat incumbents on account opening experience

Many of the UK's leading high street banks have fallen behind their upstart digital rivals when it comes to making it easy and fast to open an account, suggests a review of 12 players' user experience.

/security

Co-operative Bank institutes Confirmation of Payee

Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) and Co-operative Bank today announced an expansion to their existing partnership to deploy Exela’s Confirmation of Payee (CoP) platform, an account name verification service as proposed by Pay.UK.

Co-operative Bank opens Loans Marketplace

The UK's Co-operative Bank has launched a loans marketplace, enabling users to sift through a panel of alternative lenders to find the best deals.

Nationwide wins £50 million award for business banking plans

Nationwide Building Society has received a £50 million injection for its business banking plans in the latest round of handouts from the RBS bail out fund.

/security

Most UK banks failing to protect online customers with two-factor authentication

UK consumers' association Which? has hit out at much of the banking industry for failing to protect online customers with two-factor authentication (2FA).

The Co-operative Bank to implement Fiserv FinKit for Open Banking

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced a newly expanded agreement with The Co-operative Bank to provide more flexibility for customers to choose how they conduct their everyday banking in relation to the European Union’s Second Payment Services Directive (PSD2).

HM Treasury kicks off review into Co-op Bank

A new independent review into the prudential supervision of the Co-operative Bank between 2008 and 2013 has been announced by the Economic Secretary to the Treasury John Glen today (6 March 2018).

Co-op Bank introduces Samsung Pay

Samsung Electronics today announced that its digital wallet, Samsung Pay, is now available to The Co-operative Bank cardholders in the UK.

UK banks accuse challengers for not offering fee-free accounts

The UK's largest retail banks have called on the government to compel smaller, challenger banks to share the cost of financial inclusion by also offering loss-leading fee-free banking accounts.

Co-op Money NZ chooses Oracle Flexcube

Co-op Money NZ, the industry voice representing co-operatively owned credit unions and mutual building societies in New Zealand, has chosen Oracle FLEXCUBE as its core banking system.

Unity Trust Bank completes transition of clearing services from The Co-op Bank to NatWest

Challenger bank Unity Trust Bank has completed the large-scale transfer of its clearing services to NatWest following a competitive tender process.