PYMNTS-MonitorEdge-May-2024

Virgin Money

Virgin Money and Experian Partner on Digital Financial Products
Virgin Money and Experian Partner on Digital Financial Products
June 24, 2024  |  Partnerships

Virgin Money will implement Experian’s full suite of cloud-based technology, including credit and lending, fraud prevention, analytics, governance and compliance. In the first phase of this strategic...

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Nationwide Building Society Will Acquire Virgin Money for $2.7 Billion
Nationwide Building Society Will Acquire Virgin Money for $2.7 Billion
March 07, 2024  |  Acquisitions

The U.K. bank Nationwide Building Society is set to acquire Virgin Money for $2.7 billion. The boards of the two companies reached a preliminary agreement to the deal on Thursday...

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UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
December 28, 2022  |  Loans

The U.K.’s largest mortgage lenders have agreed on measures to help struggling borrowers. The new measures follow a meeting between the chancellor, Jeremy Hunt, and...

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Major Banks Incorporate New UK Company to Promote Shared Hubs
Major Banks Incorporate New UK Company to Promote Shared Hubs
December 19, 2022  |  Banking

The U.K.’s major banks have joined forces to protect consumers’ access to cash. A new nonprofit company called Cash Access UK has been set up...

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Virgin Money Accredited Under UK’s General Export Facility Program
Virgin Money Accredited Under UK’s General Export Facility Program
November 06, 2022  |  emea

Financial service firm Virgin Money has joined the English government’s General Export Facility (GEF), opening up access to financial support to the company’s business clients...

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EMEA Daily: Amazon to Raise Prime Subscription Price in Europe; Virgin Money Announces BNPL Credit Card
EMEA Daily: Amazon to Raise Prime Subscription Price in Europe; Virgin Money Announces BNPL Credit...
July 26, 2022  |  International

Amazon to Raise Prime Subscription Price in Europe to Offset Inflation In a bid to offset the increased cost of goods and shipping services, Amazon...

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Virgin Money Announces BNPL Credit Card
Virgin Money Announces BNPL Credit Card
July 26, 2022  |  BNPL

British bank Virgin Money announced the launch of a new credit card that will allow customers to spread their payments over several months, entering the...

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Today in the Connected Economy: Apple Headed to $8B in Gaming, Music
Today in the Connected Economy: Apple Headed to $8B in Gaming, Music
June 13, 2022  |  Connected Economy

Today in the connected economy, new research shows Apple’s music and gaming sales could top $8 billion by 2025. Also, Amazon chooses a California town...

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EMEA Daily: Credit Suisse Placed on UK Watchlist
EMEA Daily: Credit Suisse Placed on UK Watchlist
June 13, 2022  |  International

In today’s top stories from Europe, the Middle East and Africa (EMEA), the United Kingdom’s top financial regulator places Swiss investment bank Credit Suisse on...

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