Latest BoE Report : Bank Interest Margins Stay Elevated
Latest BoE Report : Bank Interest Margins Stay Elevated Monday 7th April 2025 The latest Bank of England Statistical Release on effective interest rates shows that small movements in short term market interest rates are feeding through to the banks customers. This data continues the narrative that businesses pay too much for their banking services, largely because the banks do not pro-actively pass on the benefits of their higher interest rate margins. According to Bankhawk data, many companies fail to identify large profit leakages from their banking arrangements for two main reasons. Firstly, legacy banking systems make …
The challenges of validating merchant service charges – Part I
The world of payments is evolving rapidly. There are constant changes in the market when it comes to regulation and the pricing of card payments. …
How to make savings on your card acquiring
Securing the best service and pricing on your merchant card acquiring …
Companies face two choices when dealing with hidden banking costs
Post the financial crisis and with new regulation being heaped on banks the cost …