All articles by Anna Milne

Anna Milne

Editing news and content for Electronic Payments International, a monthly magazine covering the global payments industry. You can reach her at anna.milne@uk.timetric.com

Virgin Money looks to float and roll out stronger current accounts

Newcastle head-quartered Virgin Money has announced strong first half results, indicating an imminent IPO, writes Anna Milne

Fighting gas with fire

If Swift sanctions on Russia go ahead, this might do less to thwart Russian trade and more to inconvenience those who trade with Russia, pushing payments underground and possibly even leaving Europeans out in the cold with winter approaching, writes Anna Milne

Indian PM’s banking push points to the true secret to the success of India’s banks

The Indian prime minister’s initiative to get India’s underbanked banked is indicative of the rude health India’s banking sector is in and how India’s banks have won the trust of their consumers since industry privatisation in 1991, writes Anna Milne

The secret to customer satisfaction is a niche market – But service is no substitute for a good deal

HSBC’s subsidiary First Direct has topped the polls yet again in MoneySavingExpert.com’s twice-yearly high street bank customer satisfaction survey gaining 92% of ‘great’ service votes, with 6% voting ‘OK’ and just 2% ‘poor’. Impressively enough, these are the exact same results it achieved in February. However, these figures don’t really reflect what customers want, writes Anna Milne

British high street bank giants fly low for customer service

British comparison site MoneySavingExpert.com has conducted a customer satisfaction survey of Britain’s high street banks with First Direct leading the pack and Barclays finishing last.

RBS and NatWest fined £14.5m by FCA over mortgage advice failings

British bank Royal Bank of Scotland (RBS) has been fined £14.47m ($23.97m) by the Financial Conduct Authority (FCA) for failings in mortgage advice to customers.

FICO launches low-cost Falcon Fraud Manager 6 for smaller businesses

Predictive analytics company FICO has extended its Falcon platform for fraud detection to encompass enterprise fraud management.

British mortgage approvals decline after eligibility criteria tightening

British mortgage lending fell in July to the lowest amount since January 2014 after stricter criteria were introduced in April and June, the British Bankers’ Association (BBA) has revealed.

Co-op slashes H1 losses but deposits and customer numbers decline

The UK’s beleaguered Co-operative bank has reported a pre-tax loss of £75.8m ($125.6m) for the six months to 30 June 2014, compared with £845m in the same period last year.

UK Banks allow extended grace period for bounced payments

The so-called retry system for bounced payments in UK banks has been extended to a minimum of 2pm across 29 high street banks and building societies, with effect from September 2014.