Lloyds Bank news and trends

UK Banks Agree to Improve Data-Sharing in Anti-Fraud Battle
Fraud Prevention // March 31, 2025

British banks, tech companies and telecoms are reportedly pledging to increase their data-sharing on fraud. This pledge, as the Financial Times (FT) reported Monday (March 31), comes as the U.K. government is facing calls to show more leadership in helping fight online scammers. According to the report,...

Lloyds Launches Virtual Card Partnership With Taulia
Partnerships // March 27, 2025

SAP-owned working capital management solutions provider Taulia has launched a virtual card partnership with Lloyds. This collaboration will see the companies issue Visa-enabled virtual cards, embedded across a variety of solutions available with the SAP business suite, Taulia announced in a Thursday (March 27) news release. “Through the partnership, Lloyds...

Lloyds Secures Patents for Methodology That Assesses Cybersecurity Alerts
Cybersecurity // March 03, 2025

Lloyds Banking Group secured a patent in the United Kingdom and United States for a methodology that uses intelligent algorithms to assess whether cybersecurity alerts could be genuine threats. This methodology is for the company’s Global Correlation Engine (GCE), which is designed to enhance cybersecurity...

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

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 14 Bank of Scotland locations between May this year and March 2026, the Financial Times (FT) reported Wednesday (Jan. 29)....

Interviews & Exclusives
Walking Omnichannel Banking’s Privacy Fine Line

March 31, 2020
Digital and mobile banking may be more popular than ever, but it would be a mistake to count out the power of in-branch services just yet. Consumer surveys have found that 75 percent of financial institution (FI) customers place a great deal of importance on branch visits, with 70 percent visiting banks on a monthly […]

Quick Reads
UK Banks Agree to Improve Data-Sharing in Anti-Fraud Battle

March 31, 2025
British banks, tech companies and telecoms are reportedly pledging to increase their data-sharing on fraud. This pledge, as the Financial Times (FT) reported Monday (March 31), comes as the U.K. government is facing calls to show more leadership in helping fight online scammers. According to the report, the companies behind the pledge have transitioned from a testing […]

Lloyds Launches Virtual Card Partnership With Taulia

March 27, 2025
SAP-owned working capital management solutions provider Taulia has launched a virtual card partnership with Lloyds. This collaboration will see the companies issue Visa-enabled virtual cards, embedded across a variety of solutions available with...

Lloyds Secures Patents for Methodology That Assesses Cybersecurity Alerts

March 03, 2025
Lloyds Banking Group secured a patent in the United Kingdom and United States for a methodology that uses intelligent algorithms to assess whether cybersecurity alerts could be genuine threats. This...

Lloyds Shuttering 136 Branches Amid Digital Banking Shift

January 29, 2025
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 14 Bank of Scotland locations...