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    Tesco Bank breached: Money stolen from 20,000 accounts

    by 
    Jamie Rigg
    Jamie Rigg
    11.07.2016

    The UK's Tesco Bank has confirmed that tens of thousands of its customers' current accounts were compromised over the weekend, leading to fraudulent withdrawals to the tune of several hundreds of pounds, in some instances. Suspicious activity was seen across some 40,000 accounts, with money taken from around 20,000 of those, the bank's chief exec told the BBC. In reaction, Tesco Bank has temporarily frozen all online payment facilities for current accounts, and guaranteed affected customers will receive full refunds as soon as possible.

  • Apple Pay now supports TSB and Tesco Bank in the UK

    by 
    Matt Brian
    Matt Brian
    11.17.2015

    Apple Pay is now firmly established in the UK, but since the service went live in July, a handful of banks have bided their time and left customers waiting for smartphone payments. Luckily, two more can be ticked off the list today after TSB and Tesco Bank confirmed they have enabled Apple Pay support for their payment cards.