Barclays

News

Barclays to Return £10 Billion to Investors in Overhaul

Barclays Plc announced its activity plans for the near future, which include taking measures to reduce costs, structural reorganization, and returning at least £10 billion to shareholders.

News

Barclays to Acquire Tesco Bank

Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, operating infrastructure, deposits, and unsecured personal loans.

Science & Technology

Barclays Warns on Cooling iPhone Demand

The price of Apple shares on Tuesday, January 2, showed a drop of 3.6%.

News

Barclays Analysts Say About Positive Prospects of Meta in AI Industry

Analysts of the British universal bank Barclays believe that Meta Platforms, as a result of the implementation of the strategy of active integration of artificial intelligence technologies into its apps line, can achieve positive growth results in the AI industry space.

News

XBox and Mastercard Launch Co-Branded Credit Card

The Xbox Mastercard has no annual fee and offers numerous rewards to qualified Xbox Insiders

News

Barclays Reportedly Considers Selling of Stake in Its Merchant-Acquiring Business

Barclays Plc is currently exploring the prospects of implementing a potentially possible decision to sell a stake in its merchant-acquiring business in the United Kingdom.

News

Barclays Reportedly Invests in Promotion on Private Credit Market

The media reported that Barclays Plc, a structure that includes a multinational investment bank and a financial services company, decided to strengthen its position in the private loan market by allocating money from its balance sheet to implement the corresponding efforts.

Fintech & Ecommerce

Barclays Bank Invests £3 Million in Trade Ledger

Barclays Bank has directed investments of 3 million pounds to the development of Trade Ledger.

Fintech & Ecommerce

Barclays Unveils Govt-Funded Support Programme for UK Tech

Barclays Eagle Labs has announced the official launch of a program to support British technology companies.

Finance & Economics

Barclays Bank to Trim More Branches

Barclays Bank continues to actively implement a policy of abandoning the use of traditional branches.

News

Barclays Reveals Contactless Payments Trends

New data from Barclays, which enables nearly half of the UK’s debit and credit card transactions, reveals that a record 91.2% of all eligible card transactions were contactless in 2022

News

Barclays Replaces Branches With Banking Pods

Bank Barclays, based in the UK, opts for semi-permanent bank cells, abandoning traditional branches.

News

UK Banks Develop Shared Banking Hubs Network

Leading UK banks have formed a separate non-profit company to form a network of banking hubs across the country and provide cash access to local UK communities

Finance & Economics

Barclays Raises Investments in Climate Tech Startups to £500 Million

Barclays bank is set to increase its funding of innovative climate tech startups from £175m by 2025, to £500m by 2027, seeing growth opportunities in the sector

Science & Technology

SCA facilitated online card fraud decline

Since the mandatory introduction of Strong Customer Authentication (SCA) in the UK, 73% of retailers have seen online payment card fraud decline: Barclaycard

News

Lloyds Bank tops Barclays CBDC Hackathon

The Barclays CBDC Hackathon hosted nine teams addressing six key CBDC challenges. Lloyds Bank was awarded for its novel approach to the competition