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Lloyds to cut 1,250 jobs in insuranceLatest cuts part are the first tranche of a planned 9,000 job losses and will hit staff selling critical illness and income protection products -
Virgin Money float yields £85m for Richard BransonEntrepreneur is selling 15% of his stake in the bank, whose stock market listing was delayed from October -
MasterCard and Visa to simplify hated verification systemsPayments companies to introduce new system, which will eventually verify shoppers with a fingerprint or wristband
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Savings clubs for kids planned to prevent debt problems laterChurch of England proposing a network of clubs run by credit unions for children as young as four in its primary schools -
System faults that lead to bank transfer errorsLetters: In systems analysis class, I was taught to use check digits to protect account numbers. Credit card companies do this
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Welcome to Sweden - the most cash-free society on the planetElectronic payment evangelists say largely cash-free economy has cut costs and reduced crime rate
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Nationwide has washed its hands of lost money