Parents criticize HMRC after delay in child benefit payment

Are you affected by the delay? Email arthur.parashar@mailonline.co.uk Furious parents say they are unable to put food on the table after a glitch at HMRC meant some child benefit payments did not arrive as scheduled on Monday. HMRC has apologized after around 30 per cent of child benefit payments scheduled for June 3 have not … Read more

Standard Chartered: UK bank accused of helping to finance terrorists – BBC News

Image title, Standard Chartered Bank has its headquarters in the city of London Item information the author, Andy Verity role, Economy Correspondent 3 hours ago A British bank that escaped prosecution for money laundering carried out billions of dollars in transactions for terrorist financiers, US court documents allege. Standard Chartered, one of the UK’s biggest … Read more

Santander cyber hack puts 30 million bank accounts at risk of being sold on the dark web

Dark Web Informer says millions of customer details are up for sale Millions of bank account details could be at risk of being sold to online criminals after Santander became the target of a cyber attack by hacker group ShinyHunters. Last month’s hack, which preceded a similar attack on Ticketmaster, has led to the compromise … Read more

Digital bank Monzo reports first annual profit

Unlock Editor’s Roundup for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Digital bank Monzo has reported its first annual profit since launching nearly a decade ago, as the London-based fintech benefited from higher interest rates and rising transaction and subscription fees. Neobanka, founded in 2015, reported a … Read more

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