Recent events
Recent events tied to this brand in public sources.
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2026
Nationwide announces planned 275 job cuts
Nationwide Building Society is planning 275 job cuts as it combines Virgin Money operations with its own. The proposed cuts would affect retail, including mortgage positions, and teams in several support and operational functions.
2020
Virgin Money resumes branch closure and merger plans
Virgin Money said it was resuming plans to shut or merge 52 branches after putting the overhaul on hold during the coronavirus crisis. The reported action is the resumption of the plan, not the completion of the closures or mergers.
2020
Travelex reports ransomware attack and service disruption
Travelex was affected by a ransomware attack on New Year’s Eve and took its global websites offline. Its update said some data had been encrypted, but that the extent was unknown and there was no evidence that structured personal customer data had been breached. The article also reported that online foreign-currency services at several banks were down. Travelex said it had opened an investigation, was working toward recovery, and had restored some internal systems; its CEO apologized for the inconvenience to partners and customers.
2019
Virgin Money launches digital current account
Virgin Money launched a digital bank account with features including a bright red card.