Swift is working with four U.K. banking giants to improve cross-border consumer payments. The initiative, announced Thursday (July 2), sees the global messaging network teaming with Barclays, HSBC, Lloyds and NatWest to improve international retail transfers. “This framework represents an important step forward for the UK payments ecosystem,” Adam Bealey, Swift’s chief executive for...
The CEO of U.K. bank Lloyds thinks tokenization can help improve the home-buying process. That’s according to the Financial Times (FT), which published an interview with Charlie Nunn on the topic Wednesday (Jan. 7). Nunn, whose bank is the largest provider of home loans in...
British bank Lloyds is reportedly ending its small-business-focused invoice financing program. The factoring program will close by the year’s end, the Financial Times (FT) reported Sunday (Dec. 28), citing two sources familiar with the matter. The report characterizes the move as a blow to Lloyd’s...
United Kingdom-based Lloyds Banking Group acquired London-based digital wallet FinTech Curve. The deal will allow Lloyds to expand its digital footprint, according to a Wednesday (Nov. 19) press release. “This strategic acquisition of Curve marks another significant step forward in Lloyds Banking Group’s digital transformation...
November 11, 2020
Domestic B2B payments are complicated enough, but making these payments across international borders is a whole other challenge. Companies that rely on cross-border B2B payments may not have to deal with paper checks, but ever-shifting foreign exchange (FX) rates, mounting paper invoices and other manual processes and security worries surrounding wire transfers are just a […]
June 22, 2017
From depositing money to grocery shopping to access to vehicles, unattended retail solutions are stepping up to meet a variety of needs in an age of unattended retail solutions. Unattended...
July 27, 2026
U.K. customers of banks and banking apps reported problems with transfers and payments Monday (July 27), according to multiple media reports. Among the organizations mentioned in one or more media reports were Barclays, Halifax, HSBC, Monzo, Lloyds and Revolut. PYMNTS found at 3:30 p.m. Eastern time that the Barclays service status page said, “Some of […]
July 02, 2026
Swift is working with four U.K. banking giants to improve cross-border consumer payments. The initiative, announced Thursday (July 2), sees the global messaging network teaming with Barclays, HSBC, Lloyds and NatWest to improve international retail transfers. “This framework...
January 07, 2026
The CEO of U.K. bank Lloyds thinks tokenization can help improve the home-buying process. That’s according to the Financial Times (FT), which published an interview with Charlie Nunn on the...
December 28, 2025
British bank Lloyds is reportedly ending its small-business-focused invoice financing program. The factoring program will close by the year’s end, the Financial Times (FT) reported Sunday (Dec. 28), citing two...