Lloyds Bank and Cleareye Launch Partnership
Lloyds Bank announced the start of a partnership with the artificial intelligence platform Cleareye.ai.
Lloyds Banking Group
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.
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.
Lloyds Launches New Merchant Tools
British Lloyds Bank announced the expansion of cooperation with the FreedomPay commerce platform, which is focused on the consumer.
Lloyds Banking Group Continues to Close Its Branches
The last bank in the town of South Essex will close in August this year.
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.
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
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.
UK Banks Develop Shared Banking Hubs Network
Leading UK banks have formed a separate non-profit company to form a network of banking hubs across the country and provide cash access to local UK communities
Which? Investigation Found That Banks Are Vulnerable to Spoofing
Security failings at the largest British banks are leaving customers vulnerable to spoofing fraud when imposters impersonate legitimate companies
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
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
Nine in ten card payments are now contactless: Lloyds
Lloyds concluded that debit card spend made in person using contactless technology has grown from 65% to 87% in the last three years
Lloyds settles UK’s first digital promissory note purchase
Promissory notes have been around for 4000 years, but Lloyds Bank is bringing them into the 21st century, making UK’s first digital promissory note purchase
Number of scams linked to holiday bookings up by a third over the last year: Lloyds
Lloyds has told British sunseekers and staycationers to take care when booking a break this summer, with scams linked to holidays increasing by a third over the last year. Based on analysis of relevant scams reported to Lloyds Bank, fraud relating to flight bookings was up by 13% in the 12 months to March 2022. […]
New school year costs British parents over £180 per child
Also, nearly 1 in 10 pupils dream of becoming a teacher when they grow up
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