lloyds bank

Small Businesses Captured Outsized Gains From 2024’s Payments Innovations

Small Businesses Captured Outsized Gains From 2024’s Payments Innovations
Small Businesses Captured Outsized Gains From 2024’s Payments Innovations
December 19, 2024  |  SMBs

Payments innovations impacted small- to medium-sized businesses (SMBs) in 2024. For years, SMBs lagged behind larger enterprises in adopting digital payment solutions, hindered by limited...

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Digital Upstarts Set Sights on Impacting Trade Finance
Digital Upstarts Set Sights on Impacting Trade Finance
October 22, 2024  |  Supply Chain

Back in 2019 — a lifetime ago, before the pandemic uprooted everything — PYMNTS published a report titled “The Trade Credit Dilemma,” spotlighting the $3.1...

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AWS and Mastercard Lead Industry Coalition to Fight Economic Crime
AWS and Mastercard Lead Industry Coalition to Fight Economic Crime
September 02, 2024  |  Fraud Prevention

The Centre for Finance, Innovation and Technology (CFIT) has formed an anti-financial crime group. The U.K.-based group announced the effort Monday (Sept. 2), noting it...

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Lloyds Forms Direct Lending Partnership With Oaktree Capital
Lloyds Forms Direct Lending Partnership With Oaktree Capital
July 18, 2024  |  Partnerships

Lloyds Bank and Oaktree Capital Management have teamed to support U.K. “middle-market sponsor-backed borrowers.” The collaboration, announced Thursday (July 18), will see Lloyds’ structured debt...

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Lloyds Bank Appoints Linda Weston as Head of Commercial Cards
Lloyds Bank Appoints Linda Weston as Head of Commercial Cards
April 15, 2024  |  Personnel

Lloyds Bank Business & Commercial Banking has appointed Linda Weston to the newly created position of head of commercial cards, effective in June. Weston will...

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Lloyds Offers New Merchant Tools Via Expanded FreedomPay Partnership
Lloyds Offers New Merchant Tools Via Expanded FreedomPay Partnership
October 11, 2023  |  Partnerships

Lloyds Bank said it has expanded its partnership with consumer-centric commerce platform FreedomPay. The British banking giant announced Wednesday (Oct. 11) that merchants using its Bank Cardnet...

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Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
September 28, 2023  |  B2B Payments

Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as...

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Visa Debuts Virtual Card Solution With Lloyds Bank
Visa Debuts Virtual Card Solution With Lloyds Bank
September 27, 2023  |  B2B Payments

Visa has teamed with Lloyds Bank to launch a virtual card solution for businesses. “Available now to Lloyds Bank customers, Visa Commercial Pay addresses businesses’ payments and purchasing...

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