News

Customer card data from nearly all of Pakistan's major banks has been stolen in a massive cyberattack, according to the country's Federal Investigation Agency (FIA).

Andrew McRae Official figures published today show that the number of Scottish businesses fell by 8,830 between March 2017 and March 2018 – with a large fall in unregistered enterprises and a smaller decline in registered firms.

Royal Bank of Scotland, Barclays, HSBC UK, Lloyds Banking Group, and Santander have teamed-up with financial technology firms to craft a set of guidelines designed to improve engagement between fintech startups and established financial institutions.

Steph Smith Aberdeen-based global payroll and tax compliance specialist Activpayroll has announced that it is expanding its global mobility team in the Central Belt after appointing Steph Smith as global tax manager.

Vince Smith-Hughes Self-employed workers want Government help to save for retirement and would back new laws to expand auto-enrolment or to make saving for retirement compulsory, new research from Prudential shows.

Sam Subesinghe Chief Information Officers (CIOs) are using digital strategies to become more customer centric, according to a KPMG survey of 1,200 UK CIOs.

Lloyds Banking Group (Lloyds) has today announced a strategic partnership with fintech company Thought Machine to accelerate its £3 billion digital transformation of the bank’s business announced this week.

Newly published figures have revealed that private sector pension contributions are falling to minimum automatic enrolment levels, from a recent contribution high of 9.7 per cent of salary in 20122 to just 3.4 per cent in 2017 – with 1.2 per cent from the employee and 2.1 per cent from the employ

Will Scarlet Scarlett Land and Development Ltd (SLD) have acquired two adjoining sites in central Edinburgh on the capital's London Road for private client Summix Capital Limited.

Alison Rose Royal Bank of Scotland subsidiary NatWest has become the first of the UK’s big high street lenders to open a standalone digital bank after announcing the launch of Mettle, an innovative digital proposition for small businesses.

Lloyds Banking Group has confirmed that it is cutting 6,240 jobs and creating 8,240 new ones as it overhauls its digital services.

Edinburgh continues to be the most attractive hotel investment destination outside of London as investors named Amsterdam as the most attractive European city for hotel investment.

A poll carried out by market data firm Procensus has revealed a number of institutional investors want to see a new chief executive at Standard Life Aberdeen.

The Legal Sector Affinity Group (LSAG) has today urged lawyers to support Flag It Up, the UK Government’s anti-money laundering campaign, and ‘flag up’ suspicions about potential ‘dirty’ or laundered money.

Marcus Henderson The national investment group Mercia Technologies PLC, one of the UK’s most active technology investors, has appointed Marcus Henderson as investment director at its Edinburgh office.