The risks associated with mobile banking have been highlighted by the experiences of Guardian Money readers, who have had their handsets commandeered by fraudsters, resulting in their bank accounts being drained. Guardian Money has noted a worrying increase in reports of mobile phone account takeovers, with O2 frequently mentioned as the problematic provider. In some …
Thousands of customers faced account access issues on payday due to technical difficulties affecting several banking apps. HSBC, Nationwide, Barclays, and Virgin Money acknowledged and were addressing problems on the last working day of the month, a typical payday. Both HSBC and Virgin Money experienced disruptions with their mobile banking apps, which have since been …
