Tag: Lloyds bank
HSBC, Lloyd’s & TSB respond to UK Gov’s queries over recent...
Major UK banks have responded to inquiries from the Treasury Committee after IT failures left thousands of customers unable to access their accounts.Correspondence published...
UK agency says Digital Company ID could save institutions £1.7bn
The Centre for Finance, Innovation and Technology (CFIT) has released a blueprint for combatting fraud through the introduction of a Digital Company ID.A Digital...
Outages felt across four major UK banks amid MP scrutiny of...
Outages across four major UK banks’ online systems last week may catch the attention of British MPs, who were already probing the sector’s widely...
Lloyds and Mastercard pledge support for CFIT’s SME support plans
The UK agency established to foster fintech innovation, which has been particularly active around Open Banking, has partnered with Lloyds Bank and Mastercard to...
Lloyds offers key insights to retailers for Black Friday preparations
UK bank Lloyds has been promoting its Lloyds Bank Merchant Services acceptance service for UK retailers ahead of what is set to be a...
Lloyds customers can request money more seamlessly with Link Pay
UK Bank Lloyd’s has launched its new Link Pay feature on its mobile banking app to enable customers to request money from friends and...
UK payments sector sees ‘significant boost’ in AI adoption
According to Lloyds Bank, the adoption of artificial intelligence (AI) has doubled among financial institutions over the past year. AI was the prominent topic in...
Lloyds Bank forms group to combat 211% spike in card dispute
Lloyds Bank has formed an industry working group with Chargebacks911 and other payment platforms to tackle the growing issue of scams involving fake websites.This...
Lloyds continues its AI leap with latest partnership
Lloyds Bank continues to step up its use of AI, following its creation of a dedicated leadership role in the space with a freshly...
Tech and finance leaders join CFIT digital verification mission
Some of the UK’s biggest financial institutions, from both the traditional and challenger sectors, have joined a government-backed anti-crime initiative.Established earlier this year, the...