# banking

From January 1, 2021, following the end of the transition period, UK banks will be deprived of their "passporting" rights that have allowed them to offer services across the European Union. Photo: Tolga Akmen / AFP
From January 1, 2021, following the end […]

UK expats count Brexit impact as banks shut accounts

For Roger Morton and his wife living in France -- and many other UK expats across the European Union -- Brexit is causing the closure of their British banking services
A photo taken on February 5, 2013 in Marseille shows credit cards. French police has arrested, early this morning in Paris and in several French and overseas departments, 22 people in connection with the trade of credit cards numbers on internet. AFP PHOTO / ANNE-CHRISTINE POUJOULAT (Photo by ANNE-CHRISTINE POUJOULAT / AFP)
A photo taken on February 5, 2013 in Mar […]

European banks team up to offer alternative to Visa, Mastercard

European banks have teamed up to deliver by 2022 a new unified payment system that will offer consumers cards and digital wallets that could offer a serious alternative to Visa and Mastercard