Lloyds Banking Group - News, Articles & Research

Lloyds Banking Group to acquire WealthTech Embark

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

29 July 2021

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.

26 July 2021

News/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.

23 June 2021

News/people

Contis hires Lloyds vet Lyons to lead new banking unit

Banking-as-a-Service platform Contis has appointed senior Lloyds executive Andy Lyons as managing director of its new banking division.

23 June 2021

Company announcement/people

Lloyds Banking Group appoints David Gledhill from DBS as chief operating officer

Lloyds Banking Group plc announces that David Gledhill will join the Group, subject to regulatory approval, as Group Chief Operating Officer in August 2021.

14 June 2021

Company announcement/sustainable

Lloyds Bank forms new team to support clients' sustainability ambitions

Lloyds Bank Commercial Banking has created a new team to support its corporate clients as they transition their businesses to become more sustainable.

15 April 2021

Company announcement/payments

Pandemic spending lifts local high streets and online; ATM withdrawals down by a third

Gabby Collins, Head of Payments at Lloyds Bank, said: “The pandemic has fundamentally changed where and how we have spent our money over the last 12 months.

15 March 2021

News/startups

Lloyds Bank to step up fintech partnerships

Lloyds Banking Group is to step up partnerships with fintech firms as it seeks to deliver on a wide-ranging digital transformation project.

26 February 2021

News/payments

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