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The Latest Breaking News from Starling

Canada's Prepaid Card and Digital Wallet Market is Poised to Grow at 6.7% Annually

Less than a decade ago, if someone had said the words' digital wallet' to you, you might have looked back at them blankly and asked, 'Digital what?'

inkl

Monzo fined £21m after customers used No 10 and Buckingham Palace as addresses

FCA finds digital bank failed to employ adequate controls when signing up new clients

The Guardian - UK

IBM Is Launching a New Quantum Computer. Should You Buy Its Stock Here?

IBM’s announcement of its plans to develop the world’s first large-scale fault-tolerant quantum computer, Quantum Starling, has sparked excitement.

Barchart

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Is IBM Stock a Buy at Record Highs?

IBM hit a record high following its announcement of a new quantum computer.

Barchart

IBM is building a large-scale quantum computer that 'would require the memory of more than a quindecillion of the world's most powerful supercomputers' to simulate

IBM has shared its roadmap to deliver the 'world's first large-scale, fault-tolerant quantum computer' in 2029.

Tom’s Hardware

Starling pays out fivefold bonus sum despite FCA fine and Covid loan errors

Staff get £24.6m after year in which bank was penalised for ‘shockingly lax’ controls and profits fell 25% to £223m

The Guardian - UK

Starling’s profits drop 25% as bank takes blame for Covid loan losses

Our own weak controls led to £28m of losses through government’s bounce back loans, says chief executive

The Guardian - UK

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Starling Bank profits slide after FCA fine and Covid loan issues

The bank reported a pre-tax profit of £223 million for 2024, down 26% from the £301 million made the prior year.

Evening Standard

Monzo, Revolut, Starling or Chase? The best digital bank accounts, compared

Whether you use an app bank as your main account or your spending one, it’s important to pick the account that suits your needs

The Independent UK

‘Shockingly lax’: how soaring British bank Starling had its wings clipped

Launched as a challenger to traditional lenders, it profited from offering state-backed loans during Covid. But then the regulator came calling

The Guardian - UK

AI voice scams are on the rise – here’s how to stay safe, according to security experts

The next spam call you receive might not be a real person –here's how to stay safe from AI voice scams.

TechRadar

Staff at a British bank are quitting their ‘grey corporate hellscape’ after CEO demands they come to the office

Starling Bank operates entirely online—however, it's 3,000-plus-strong workforce will be required to come into the office more.

Fortune

Staff ‘quit challenger bank Starling’ after being told to return to office

Raman Bhatia, who took over as chief executive in March, told staff he wants them in the office for a minimum of 10 days a month

The Independent UK

Starling Bank staff resign after new chief executive calls for more time in-office

Exclusive: Staff complain Raman Bhatia is creating ‘grey corporate hellscape’ and offices already lack desk space

The Guardian - UK

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The Guardian - UK

Starling Bank is simply not fit to float

Damning report into financial crime controls revealed a shambles at the top and surely ends any dream of a flotation soon

The Guardian - UK

Starling Bank fined £29m for ‘shockingly lax’ financial crime controls

Challenger bank apologises after City regulator says lack of checks ‘left system wide open to criminals and those subject to sanctions’

The Guardian - UK

‘Kafkaesque’: bank blocks cash transfer, saying it could be an AI scam

Starling’s fraud team repeatedly refused to allow UK man to send £12,800 to friend in Austria, then froze account

Bike Perfect

The Mini Murmur is a new, short-travel, handmade, full-suspension, steel MTB from British brand Starling. I've tested it, so how does it ride?

Rich Owen got some ride time in on Starling's new trail/downcountry MTB

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The Guardian - UK

‘Every penny has a purpose’: the rise of zero-based budgeting

Growing social media interest in method of tracking spending and saving prompts banks to get in on the act

The Guardian - UK

Starling bank refused a £10,000 scam refund for my grieving, ill husband

The scammers struck two days before he was due to have major heart surgery, and in the midst of grieving for our daughter, who was murdered overseas

Bike Perfect

Starling Cycles Roost Hope Edition review – superb steel trail blaster

This stainless steel hardtail all-rounder has a ride that matches its stunning looks

Evening Standard

It's a question of time before the UK gets its own Bitcoin ETFs

City Voices: Just as London played host to successful fintech pioneers such as Starling and Monzo, so equivalent success for digital assets firms can now happen

The Independent UK

Banks’ performance in dealing with APP scam victims revealed by regulator

The Payment Systems Regulator said there are inconsistent outcomes for customers who report an APP scam to their bank or building society.

The Independent UK

Starling Bank is boosting its current account interest rate to 3.25%

The challenger bank said the move will mean customers do not need to move money into separate accounts to earn interest.

Evening Standard

Monzo is UK’s best bank, Virgin Money and RBS the worst, says CMA survey

The Competition and Markets Authority’s latest satisfaction survey asked customers how likely they would be to recommend their provider to a friend, relative or other business

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