Lloyds Banking Group

428 results about this entity

Period: 21 Aug 2009 - 27 Mar 2025

/ai

NextGen: AI: AI adoption is thriving in the financial sector

According to Lloyds, two out of three financial institutions are already investing in AI. Discover why at Finextra’s inaugural NextGen: AI event this November.

/ai

AI adoption doubles in UK banking sector

There has been a "significant shift" in UK banks' attitude to AI with greater adoption and greater recognition of its benefits, according to recently published research.

/retail

UK consumers turn away from branch banking

British consumers are less bothered about bank branch closures than those in the US and Europe, according to recently published research.

/retail

Lloyds Banking Group plans 292 branch closures in 2025

Lloyds Banking Group has confirmed that it will be closing 292 bank branches across the UK in 2025.

/security

Lloyds sets up anti-scam working group to tackle fake websites

Lloyds Bank has established an industry working group, working with Chargebacks911 and other payment platforms, to report known fake websites when they arise and block transactions.

/ai

Lloyds to use AI to automate trade finance checks

Lloyds Bank is to use AI technology from Cleareye to eliminate the manual drudgery of paper processing and compliance checking for trade finance documentation.

/retail

Multiple UK banks hit by app outage spikes

Lloyds Bank is facing multiple complaints from customers related to an apparent failure of its online banking app.

/people

Lloyds hires AWS exec to head up new AI and analytics unit

Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.

/markets

SME Finance Taskforce announces plan boost UK economic growth

The SME Finance Taskforce has released its coalition plan to boost the UK economy by speeding up lending and access to finance for 5.5 million SMEs.

/ai

Lloyds and Nationwide invest in Scottish AI fintech Aveni

Lloyds Banking Group and Nationwide have joined an £11 million Series A funding round in Scottish AI fintech Aveni.

/regulation

Major UK banks broke CMA rules

HSBC, Lloyds, TSB, and AIB have been rebuked by the UK's competition watchdog for failing to meet rules on providing customers with clear and up-to-date information.

/retail

Nationwide joins Open Property Data Association

Nationwide Building Society has followed in the footsteps of Lloyds Banking Group by joining the Open Property Data Association, backing efforts to bring a standardised approach to sharing digital data in the home buying process.