Lloyds Banking Group

News

Mastercard Launches Move Commercial Payments for Near Real-Time Cross-Border Transactions

The newly introduced Mastercard Move Commercial Payments solution is designed to streamline operations, enhance liquidity management, lower counterparty risk, and offer comprehensive visibility for banks and their clients.

News

Lloyds Bank and Cleareye Launch Partnership

Lloyds Bank announced the start of a partnership with the artificial intelligence platform Cleareye.ai.

Science & Technology

Lloyds Hires AWS Exec to Lead AI and Analytics Division

Rohit Dhawan was appointed by Lloyds Banking Group as Director of AI (artificial intelligence) at the Group’s new AI Centre of Excellence, bringing together experts in Data Science, Behavioral Science, ML Engineering, Advanced Analytics and AI Ethics.

News

Lloyds Chief Urges UK Policymakers to Refrain From Encroaching on Banks’ Profits

The chief executive of Lloyds Banking Group made something like a warning statement to British politicians, describing measures such as a tax on unforeseen expenses of banks as thing that should be excluded amid expectations of a busy election year.

News

Lloyds Launches New Merchant Tools

British Lloyds Bank announced the expansion of cooperation with the FreedomPay commerce platform, which is focused on the consumer.

Finance & Economics

Lloyds Banking Group Continues to Close Its Branches

The last bank in the town of South Essex will close in August this year.

Fintech & Ecommerce

Lloyds Bank Launches PayMe for Instant B2B Payouts

Lloyds Bank has announced the launch of a new service through which businesses can make one-time payments in cases where there is no information about the details of the recipient.

Finance & Economics

Lloyds Bank to Move Trade Finance Documentation to Blockchain

Long-term partnership with Enigio will enable Lloyds Bank to digitise its trade finance documentation, delivering faster, more affordable, flexible, sustainable and secure blockchain solutions for its clients

Finance & Economics

Lloyds Invests £10 Million in Digital ID Firm Yoti

Lloyds Banking Group has invested 10 million pounds for the development of the digital identification company Yoti.

Finance & Economics

Lloyds Bank combined spending and savings in a new solution for kids

Smart Start from Lloyds Bank gives kids an opportunity to manage their money and get into the habit of saving

News

Lloyds Bank tops Barclays CBDC Hackathon

The Barclays CBDC Hackathon hosted nine teams addressing six key CBDC challenges. Lloyds Bank was awarded for its novel approach to the competition