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Tesco Bank has been fined over £16m for failures which allowed cyber attackers to steal £2.26m from customers in a hacking incident which occurred over 48 hours in November 2016. Banking regulatory ...

Barclays is buying Tesco's retail banking operations in a deal worth £600 million. The pair referred to it as a “strategic partnership”, which will see Barclays take over Tesco Bank’s credit card, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This comes after high court approval of the deal in October.

Tesco Bank has blamed a sophisticated cyberattack for the theft of money from 20,000 of its online current account holders, and says there still isn't any projected timeframe for when customers will ...

COLUMBUS, Ga. & LONDON--(BUSINESS WIRE)--TSYS (NYSE: TSS) announced today that it has extended its payments agreement with Tesco Bank to continue supporting the bank’s credit card business in the UK.

Update (November 11th): For clarification, this article is focused on providing information on the increased activity of the Retefe banking trojan, which has been targeting various banks, mostly in ...

The UK Financial Conduct Authority (FCA) announced today that they have fined Tesco Bank £16.4 million for negligence in protecting their customers in a 2016 cyber attack that caused £2.26 million to ...

Tesco Bank has been fined £16.4m by the UK’s financial regulator for deficiencies which allowed hackers to steal millions from its customers in 2016. Online attackers bagged £2.24m in the November ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Under the partnership there will continue to be Tesco-branded ...

Tesco Bank is temporarily declining requests from some existing customers to switch their current account to a new provider. The supermarket giant says it's struggling after being inundated with ...

Tesco has dramatically slowed down a major system migration programme at its Tesco Bank unit, following severe problems in June that locked out customers from their accounts for three days. Tesco Bank ...