Lloyds Banking Group

396 results about this entity

Period: 21 Aug 2009 - 05 Aug 2024

/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.

/startups

Lloyds seeks out fintechs for 'Launch Innovation' programme

Lloyds Banking Group is opening application for its 'Launch Innovation' programe to discover potential fintech partnerships.

/payments

Barclays and Lloyds-backed Bink secures £9 million safety net

Bink, a loyalty app backed by Lloyds and Barclays Bank, has secured £9 million in a funding runway that will see it through to Q1 2024.

/identity

Lloyds invests £10 million in digital ID firm Yoti

Lloyds Banking Group has invested £10 million in digital identity company Yoti, marking its second fintech investment of 2023.

/retail

Lloyds Banking Group invests in Ocula Technologies

Artificial Intelligence (AI) company Ocula Technologies has today confirmed that it has received new investment from Lloyds Banking Group and their Fintech Investment Team.

/cloud

Financial Cloud Summit 2023: ChatGPT says banks should be multi-cloud

Cloud migration is a major part of the financial industry today; traditional banks and emerging fintechs are in process of transitioning online to cloud services to become scalable, agile, and operate at a higher level.