Lloyds Banking Group - News, Articles & Research

Lloyds taps into Mastercard's Open Banking Connect system

Lloyds Banking Group is tapping Mastercard's Open Banking software to enable customers to pay off their credit card bills via their mobile app and draw on funds directly from a current account of their choice.

23 February 2021

News/devops

Open Banking year three: Insights from the CMA9

The UK banking industry had its hands full in 2020 as institutions had to respond to lockdowns and other restrictions on business activity designed to curb the spread of Covid-19. What effect did this have on the ongoing adoption of Open Banking? In Finextra’s annual review, we look at how Open Banking has grown, what still needs to improve and what will happen next.

13 January 2021

News/wholesale

Lloyds to licence invoice financing technology from Satago

Lloyds Banking Group is to run a six month trial of an invoice financing platform from Satago Financial Solutions, with a five-year commercial contract for the product on the line.

14 December 2020

News/payments

Lloyds Bank is first in the world to connect to Swift gpi Instant

Lloyds Bank in the UK has become the first bank to switch on Swift gpi Instant, a new service from the Brussels-based interbank co-operative that enables consumers and businesses to send tracked payments in seconds across borders.

02 December 2020

Company announcement/people

Outgoing Lloyds boss António Horta-Osório appointed chairman of Credit Suisse

The Board of Directors of Credit Suisse Group AG proposes to the shareholders to elect António Horta-Osório as the new Chairman of the Board of Directors at the next Annual General Meeting on April 30, 2021.

01 December 2020

Company announcement/people

Lloyds poaches HSBC wealth chief Charlie Nunn as CEO

Lloyds Banking Group plc is pleased to announce that, subject to regulatory approval, Charlie Nunn is to be appointed to the role of Group Chief Executive Officer and Executive Director.

30 November 2020

News/payments

Lloyds to take cash back to the high street with 500 retailers

Lloyds Banking Group is looking to sign up 500 retailers to provide over-the-counter cahsback services in communities where cash availability is low

30 November 2020

Company announcement

Lloyds Bank debuts 'trusted person' card for vulnerable customers

Lloyds Bank has taken a further step in its ongoing support for customers, by developing a new Trusted Person Card.

18 November 2020

News/retail

Lloyds to close 56 branches

Following a Covid-19-related pause, Lloyds Banking Group has resumed plans to close 56 branches across its network, affecting 160 jobs.

18 November 2020

Company announcement

Flood forecasting InsurTech Previsico joins Lloyds Launch Innovation Lab

Live flood forecasting InsurTech Previsico today announcesthat it will join the ‘Launch Innovation Lab’, powered by Lloyds Banking Group (Lloyds), to collaborate on a solution to support Lloyds Home Insurance customers, as the frequency and impact of extreme weather increases.

10 November 2020

News/payments

Lloyds Bank partners Demica to roll out supply chain finance platform

Lloyds Bank has teamed with UK fintech Demica to roll out a digital supply chain finance platform for business customers.

06 November 2020

News/people

Lloyds to slash 1,070 jobs

Lloyds Banking Group is to cut 1,070 jobs, principally from its group transformation and retail bank teams, the latest in a wave of job losses at the UK bank.

04 November 2020