Artificial intelligence (AI) will play a key role in Lloyds Banking Group’s new strategic plan that runs through 2030. The U.K.-focused financial services provider aims to achieve a return on tangible equity of greater than 18% in 2028 and about 20% in 2030, according to...
Bank of Scotland, a subsidiary of Lloyds Banking Group, has been fined £160,000 (about $219,000) by a British regulator for breaching a sanctions law targeting Russia. The penalty was reduced by 50% because Lloyds Banking Group voluntarily disclosed the breaches on behalf of Bank of...
Lloyds Banking Group plans to add an artificial intelligence (AI) powered financial assistant to its mobile app in early 2026. The assistant will initially help customers manage their spending, savings and investments, and it will later be expanded to work across all financial products, the...
Lloyds Banking Group reportedly has rolled out a new generative AI-powered knowledge hub to reduce the time it takes employees to find information and respond to customer queries. The system, known as Athena, is the U.K. bank’s first major deployment of generative artificial intelligence (AI),...
September 30, 2026
Lloyds Banking Group and Visa completed a seven-day live pilot that tested cross-border settlement using stablecoins, Lloyds said in a Wednesday (Sept. 30) press release. During the pilot, through a series of real-world transactions, Lloyds used stablecoins to settle $750,000 of payment obligations with Visa, according to the release. The settlement volume was booked through […]
July 30, 2026
Artificial intelligence (AI) will play a key role in Lloyds Banking Group’s new strategic plan that runs through 2030. The U.K.-focused financial services provider aims to achieve a return on...
January 26, 2026
Bank of Scotland, a subsidiary of Lloyds Banking Group, has been fined £160,000 (about $219,000) by a British regulator for breaching a sanctions law targeting Russia. The penalty was reduced...
November 07, 2025
Lloyds Banking Group plans to add an artificial intelligence (AI) powered financial assistant to its mobile app in early 2026. The assistant will initially help customers manage their spending, savings...