Lloyds Banking Group

Mastercard Teams With Lloyds Bank For Open Banking API

Mastercard Teams With Lloyds Bank For Open Banking API
Mastercard Teams With Lloyds Bank For Open Banking API
July 26, 2021  |  Payment Methods

Lloyds Bank is teaming up with Mastercard to launch PayFrom Bank, a solution that gives people the power to make direct payments to merchants from their...

READ MORE >
UK Urges Banks To Nix Personal Guarantees For SMBs
UK Urges Banks To Nix Personal Guarantees For SMBs
April 01, 2020  |  B2B Payments

The U.K. government is seeking an agreement with financial institutions (FIs) to forgo the need for small businesses to offer personal guarantees to get coronavirus...

READ MORE >
Virgin Money, Lloyds To Cut 1,200 Jobs
Virgin Money, Lloyds To Cut 1,200 Jobs
February 27, 2020  |  Personnel

Virgin Money is laying off a quarter of its branch network, shedding 500 jobs. Meanwhile, Lloyds Banking Group has announced plans to cut 780 more...

READ MORE >
Lloyds To Make Special £35K Payout To HBOS Fraud Victims
Lloyds To Make Special £35K Payout To HBOS Fraud Victims
December 22, 2019  |  B2B Payments

To regain trust following an independent review that deemed its compensation plan to not be “fair and reasonable,” and which had to be redetermined, Lloyds...

READ MORE >
MPs Accuse Lloyds Execs Of HBOS Fraud ‘Cover-Up’
MPs Accuse Lloyds Execs Of HBOS Fraud ‘Cover-Up’
April 09, 2019  |  B2B Payments

The All-Party Parliamentary Group (APPG) on Fair Business Banking is calling for a new investigation into Lloyds and how much its executives knew about the...

READ MORE >
Lloyds, Halifax Hit By Fund Transfer Outage In UK
Lloyds, Halifax Hit By Fund Transfer Outage In UK
July 20, 2018  |  Banking

Lloyds Banking Group was hit by a computer outage that left customers unable to conduct fund transfers for several hours, according to officials. The outage...

READ MORE >
Barclays To Close 54 UK Branches By Year’s End
Barclays To Close 54 UK Branches By Year’s End
August 15, 2017  |  Banking

Financial company Barclays is gearing up to shutter 54 England-based bank branches by the end of 2017 as part of its cost-cutting efforts. Get the...

READ MORE >
Brexit Tracker: Funding’s Tough Sell, Digital Banking Fears Mount, And Lloyds Eyes Berlin
Brexit Tracker: Funding’s Tough Sell, Digital Banking Fears Mount, And Lloyds Eyes Berlin
February 21, 2017  |  Economy

It’s no secret that U.K. startups have felt the impacts of operating in a post-Brexit economy — with dips in funding and pressure to vacate...

READ MORE >