Lloyds

Lloyds Shuttering 136 Branches Amid Digital Banking Shift

Lloyds Shuttering 136 Branches Amid Digital Banking Shift
Lloyds Shuttering 136 Branches Amid Digital Banking Shift
January 29, 2025  |  Banking

British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and...

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This Week in B2B Innovation: Capturing Opportunity Across an Atypical Landscape
This Week in B2B Innovation: Capturing Opportunity Across an Atypical Landscape
December 05, 2024  |  B2B Payments

Business-to-business (B2B) payments are undergoing a period of upheaval and reinvention. Businesses are seeking faster, more efficient and secure payment solutions, and a wide range...

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Lloyds and PayPoint Launch Payments Partnership for Small Businesses
Lloyds and PayPoint Launch Payments Partnership for Small Businesses
December 04, 2024  |  SMBs

British payments technology firm PayPoint is expanding its partnership with U.K. bank Lloyds. The collaboration, announced Wednesday (Dec. 4), is designed to provide banking and...

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FCA Gives Auto Lenders More Time to Manage Customer Complaints
FCA Gives Auto Lenders More Time to Manage Customer Complaints
November 13, 2024  |  Legal & Regulation

The U.K.’s financial watchdog is giving auto financing companies more time to deal with customer complaints. The Financial Conduct Authority (FCA) announced this decision Wednesday (Nov. 13) in the...

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Lloyds Calls for Swift End to British Car Loan Investigation
Lloyds Calls for Swift End to British Car Loan Investigation
September 09, 2024  |  Legal & Regulation

A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. Great Britain’s Financial Conduct Authority (FCA) said in July that...

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Lloyds and Cleareye Launch AI-Centric Trade Finance Partnership
Lloyds and Cleareye Launch AI-Centric Trade Finance Partnership
September 03, 2024  |  Artificial Intelligence

Lloyds Bank has launched a collaboration with artificial intelligence (AI) platform Cleareye.ai. The partnership, announced Tuesday (Sept. 3) and said to be the first of...

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Lloyds Taps AWS Vet Rohit Dhawan to Lead AI Efforts
Lloyds Taps AWS Vet Rohit Dhawan to Lead AI Efforts
August 05, 2024  |  Personnel

British banking giant Lloyds has picked an Amazon Web Services veteran as its AI head. Rohit Dhawan has been named Lloyds’ director of artificial intelligence (AI), overseeing the firm’s AI...

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UK Banking Giants Accused of Breaching CMA Rules
UK Banking Giants Accused of Breaching CMA Rules
July 25, 2024  |  Bank Regulation

Four major U.K. banks have been accused of violating a regulator’s competition rules. The Competition and Markets Authority (CMA) says HSBC, Lloyds, TSB and AIB all breached a 2017 order created in response...

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