Lloyds Banking Group

381 results about this entity

Period: 21 Aug 2009 - 15 Apr 2024

/payments

Lloyds Bank renews partnership with FreedomPay

Lloyds Bank has accelerated its strategic partnership with FreedomPay, a leading consumer-centric commerce platform, as part of its continued growth strategy to offer clients access to a suite of fast, efficient, and secure payments solutions.

/wholesale

Lloyds Bank rolls out 'Paperless Guarantees'

Lloyds Bank is enabling corporate customers to request digital Guarantees or Standby Letters of Credit under a new 'Paperless Guarantee' initiative.

/retail

Will Metro Bank be 2023’s next banking collapse?

Metro Bank has had a rough week. News that the UK challenger bank was planning to raise up to £600 million from investors, prompted financial watchdogs to summon the bank’s bosses for a sit-down.

/identity

Lloyds Bank rolls out proof of identity app

Lloyds Bank is rolling out a digital ID app that gives individuals a safe way to prove their identity from their phone, with no need to show documents or share an excessive amount of personal data.

/payments

Lloyds Bank takes on business spend management with Visa Commercial Pay

Lloyds Bank is upping its game in the business spend management arena, rolling out virtual cards from Visa.

/retail

Lloyds draws the blinds on more branches

Lloyds Banking Group has revealed 35 new branch closures, drawing a line under the provision of face-to-face services in 155 sites in total by the end of 2023 and 75 in 2024.

/payments

Sibos 2023: Is the future of payments digital and instant?

Industry experts from around the world gathered in Toronto to discuss the future of money: is it digital, is it instant? The consensus: yes, but not always.

/devops

Lloyds invests €3 million in Enigio to accelerate document digitisation

Lloyds Banking Group has invested €3 million in technology company Enigio to expand its use of digital documentation in trade.

/retail

Lloyds to close more branches

Lloyds Banking Group has revealed 44 new branch closures, drawing a line under the provision of face-to-face services in 155 branches in total by the end of 2023 and 40 in 2024.

/markets

Lloyds Bank joins Neptune as dealer distributing real-time axe data to buy-side clients

Neptune Networks Ltd. (Neptune), the fixed income network for disseminating real-time axe data, today announced the addition of Lloyds Bank to its bond dealer community.

/payments

Lloyds & Finastra: The Shifting Payments Market & The Power Of Collaboration

In the second episode of this 4-part FinextraTV series, Stephen Everett, MD Cash Management & Payments, Lloyds and Roy Marsh, Global Payments Director at Finastra, discuss the significant changes happening in payment solutions as a result of Open Banking, Embedded Finance, shifting digital solutions and regulatory changes. We hear how ISO has been a major diversion for all banks in recent years, what will be the impact going forward, and the role of partner collaboration in enabling banks to maintain their competitive edge within these rapidly changing payments landscape.

/crime

Mastercard AI tool helps UK banks take on real-time payment scams

Mastercard is tapping into its AI capabilities to help a host of UK banks predict and prevent real-time payment scams.

/startups

Lloyds hails success of Innovation Sandbox in fostering fintech collaboration

Lloyds Banking Group has hailed the success of its inhouse Innovation Sandbox as a key measure in improving its ability to collaborate with fintechs.

/payments

Lloyds invests £2m in corporate banking platform Fennech

UK high street bank Lloyds has invested £2 million in AI-based corporate banking platform for financial institutions and corporates, Fennech.

/retail

Lloyds Bank sets up tech centre in Hyderabad

UK high street bank Lloyds Banking Group is set to create an IT centre in India to further its digital transformation.

/security

Two-thirds of all online shopping scams now start on Facebook and Instagram

Purchase scams starting on Facebook and Instagram are expected to cost UK consumers more than £27m this year alone, according to an analysis by Lloyds Banking Group.

/people

Lloyds tells employees to be back in office two days a week

Lloyds Banking Group will use "card swipe data" to make sure that hybrid workers comply with new rules insisting that they spend at least two days a week in the office.

/payments

Lloyds Bank launches PayMe for instant B2B payouts

Lloyds Bank has launched a service that allows businesses to make one-off payments where the beneficiary’s bank details are not known.

/payments

Lloyds Bank strikes deal with Enigio to digitise trade finance documentation

Lloyds Bank is to bring blockchain to bear on trade finance documentation, using technology from Swedish firm Enigio to dematerealise promissory notes, bills of exchange and bills of lading.

/retail

Lloyds and NatWest close more branches

Lloyds Banking Group and NatWest are, between them, closing another 80 branches across the UK this year.