Lloyds Banking Group

381 results about this entity

Period: 21 Aug 2009 - 15 Apr 2024

/payments

Lloyds partners ProjectPay to streamline construction sector payments

Lloyds Bank has joined forces with ProjectPay to help tackle missed and delayed payments in construction supply chains.

/regulation

CMA writes to Barclays and Lloyds over open banking API breaches

The UK's Competition and Markets Authority has written to Barclays and Lloyds about a series of failures to make accurate and comprehensive data on its products and services available through open APIs.

/startups

Lloyds Banking Group and Fintech Scotland opens applications for innovation programme

Lloyds Banking Group has announced 3 new strategic innovation challenges as it opens its cohort 2 of its Launch Innovation Programme.

/startups

Lloyds Bank invests £5 million in working capital platform Satago

Lloyds Bank has invested £5 million for a 20% stake in invoice financing startup Satago and will roll out the platform for its Single Invoice Finance and whole of book Invoice Factoring customers.

/payments

Lloyds confirms equity investment in loyalty app Bink

Lloyds Banking Group has entered a strategic partnership with fintech Bink. Together they will transform the way customers of the bank’s retail brands are able to connect with retailers and their reward and loyalty programmes.

/retail

Lloyds outlines £1 billion, three-year digitisation strategy

Lloyds Banking Group is to spend £1 billion over the next three years on overhauling its technology infrastructure and self-service capabilities.

/sustainable

Lloyds names sustainability competition winners

Lloyds has named four winners of a competition to find the next generation of green tech businesses that will support its transition to net zero carbon operations.

/startups

Lloyds: Small businesses could unlock £75bn for UK economy by improving digital capability

If small businesses with low digital skills were to further increase their digital capability the UK economy could benefit by as much as £75 billion* according to the latest Lloyds Bank Business Digital Index.

/payments

Lloyds signs first retailer for A2A payments API

Car dealership JCT600 has become the first retailer to use Lloyds’ new PayFrom Bank account-to-account payment product, displacing plastic cards at the online checkout.

/payments

Lloyds to invest in loyalty app Bink

Lloyds Banking Group is to follow Barclays in becoming a shareholder in Bink, a loyalty app launched in 2015, Sky News understands.

/security

Lloyds on-site technology deemed “not fit for purpose” in leaked video

A senior Lloyds banker has warned its existing on-site technology is “not fit for purpose” during a recorded internal meeting acquired by the Mail on Sunday. This technology holds the vast majority of the bank’s data and services.

/retail

Lloyds to cut a further 48 bank branches

Lloyds Banking Group is to close a further 48 bank branches, with a possible loss of 178 jobs.

/retail

Key areas for Bank & Fintech collaboration in a Covid-world

Gavin Maclean, Head of Payment Products, Lloyds Bank Commercial Banking, speaks to FinextraTv during Sibos about the impact of Covid on collaboration within the industry, the increase in demand and opportunity for new propositions and how Lloyds Bank’s team has been busy with fintech partnerships throughout the pandemic and continues to focus on partnering moving forward.

/sustainable

Ensuring resilience post-Covid & accommodating the transition to a more sustainable future

Gwynne Master, Managing Director & Head of Working Capital Solutions, Lloyds Bank, Lloyds Commercial Banking, speaks to FinextraTV during Sibos about how, in the wake of the pandemic’s disruption, ‘resilience’ will be the watchword in many management suites. We hear about the challenges businesses need to consider moving forward, what tools and technologies will help banks be more resilient and how agendas are changing to accommodate the transition to a more sustainable future.

/startups

UK banks plan to grow partnerships with fintech firms in wake of pandemic

More UK financial institutions are targeting acquisitions and partnerships with fintech firms to boost their position in the post-pandemic market, according to a report from Lloyds Bank.

/security

Lloyds gives users control over contactless limits amid fraud fears

Lloyds Banking Group customers will be able to set their own limits when the new £100 ceiling on contactless card payments comes into effect next month.

/payments

Lloyds Bank and Visa promise straight-through processing for commercial charge cards

Lloyds Bank has become the first bank in Europe to partner with Visa to offer Straight Through Processing (STP) technology to customers using its commercial charge cards.

/wealth

Lloyds Banking Group to acquire WealthTech Embark

Lloyds Banking Group is to acquire self-directed wealth platform Embark Group for £390 million.

/payments

Lloyds and Mastercard aim to take A2A payments mainstream

Lloyds Commercial Banking is rolling out a new payment service which enables consumers to make payments on an organisation’s website directly from their bank account, without having to enter any payment details.

/retail

Lloyds to close 44 more branches

Lloyds Banking Group is to take the axe to a further 44 bank branches, citing a shift in customer behaviour to online banking during the pandemic.