(IN BRIEF) A recent report reveals a significant increase in online fraud involving fake websites, leading to an estimated £6.6 million in losses for UK shoppers. Scammers create counterfeit sites that mimic popular brands, luring consumers with fake discounts. Many … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Fake Website, Gavin Evans, Lloyds Bank, online fraud, scams, UK Shoppers
(IN BRIEF) Cleareye.ai has partnered with Lloyds Bank to enhance trade finance operations through advanced AI technology. Starting this month, Lloyds Bank will use Cleareye.ai’s ClearTrade platform, which employs optical character recognition (OCR), machine learning, and natural language processing to … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged AI, Cleareye.ai, INDIA, Lloyds Bank, Mariya George, modernization, partnership, Rogier van Lammeren, trade finance
(IN BRIEF) Lloyds Bank has introduced its 2024 student current account, offering a £110 cash bonus and a 20% discount on Student Union events for the academic year 2024/2025 at universities in England and Wales. To qualify for the cash … Read the full press release
Posted in Banks, Education, Financial, United Kingdom
Tagged 15% cashback, 2% credit interest, 20% discount, 24/7 access, academic year 2024/2025, Apple Pay, ASOS, August 1st, balances up to £5, cash reward, college, contactless debit card, deposit requirement, Domino’s, England, Everyday Offers, Google Pay, interest-free overdraft, Lloyds Bank, mobile banking app, new student account, Sainsbury’s, Security Technologies, student current account, Student Union events, Vivek Khattri, Wales
(IN BRIEF) Despite facing widespread cost pressures, the UK economy showcased resilience in April, with eight out of 14 sectors experiencing output growth and seven reporting increased demand, according to the latest Lloyds Bank UK Sector Tracker. While one sector … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, investment, Lloyds Bank, Nikesh Sawjani, Scott Barton, sustainability, UK Sectors
(IN BRIEF) As excitement mounts for Taylor Swift’s long-awaited UK tour, fans have fallen prey to a surge in concert ticket scams, with fraudsters exploiting social media platforms to target eager concert-goers. Analysis by Lloyds Bank reveals a concerning trend, … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Industrial, Internet & Online, Investment, Management, Marketing, Media, News, Retail, Security & Safety, Technology, United Kingdom
Tagged Liz Ziegler, Lloyds Bank, SECURITY, social media, Taylor Swift Fans, Ticket Scams, UK Tour
(IN BRIEF) In a significant milestone for digital trade, Lloyds Bank has executed its first transaction employing an electronic Bill of Lading (eBL) on the WaveBL platform, marking a move towards entirely paperless exchanges in international trade. Partnering with Somerset-based … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged digital Promissory Note (dPN), Douglas Paull, electronic Bill of Lading (eBL), Federal Bank, Lloyds Bank, Mrs L V Rathna Mala, Ofer Ein Bar, Paperless Trade Deal, partnership, Paull’s Matting, Rogier van Lammeren, sustainability, WaveBL
(IN BRIEF) Lloyds Bank makes history as the first UK bank to integrate with the WaveBL electronic trade documentation platform, revolutionizing international trade processes for its clients. By leveraging blockchain-based electronic Bills of Lading (eBLs), Lloyds Bank facilitates swift and … Read the full press release
(IN BRIEF) Lloyds Bank has introduced a revolutionary “Paperless Guarantee” initiative, enabling clients to request digital Direct Guarantees or Standby Letters of Credit for more efficient, secure, and environmentally friendly trade transactions. This initiative follows Lloyds Bank’s success in pioneering … Read the full press release
(IN BRIEF) Lloyds Bank has introduced a new digital identity app, “Lloyds Bank Smart ID,” developed in partnership with Yoti, a digital identity verification company. This app offers users a more private, secure, and convenient means of proving their age … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Digital ID App, Elinor Hull, James Fulker, Lloyds Bank, Lloyds Bank Smart ID, partnership, Robin Tombs, Yoti
(IN BRIEF) Business confidence in the UK fell by six points to 31% in July, mainly due to lower economic optimism, reaching a five-month low. Rising interest rates have become a major concern for businesses, and the retail sector showed … Read the full press release
Posted in Banks, Business, Economy, Financial, Management, News, United Kingdom
Tagged Business, economic uncertainty, Hann-Ju Ho, Lloyds Bank, Paul Gordon, Rising Interest Rate, UK
(IN BRIEF) Lloyds Bank has introduced its 2023 Student current account, offering various incentives to new students. Those who open the account and deposit £500 between August 1st and October 31st, 2023, will receive a cash lump sum of £100 … Read the full press release
Posted in Banks, Business, Education, Financial, Investment, Management, News, United Kingdom
Tagged 2023 Student Account, Cash Incentives, Credit Interest, Education, Lloyds Bank, Philip Robinson
(IN BRIEF) Lloyds Bank warns football fans about the rising threat of online ticket scams as the new English Premier League season approaches. Reported fraud cases related to football ticket purchases more than doubled last season, with victims losing an … Read the full press release
12 out of 14 sectors experienced a fall in output in October, up from nine in September Providers of software services experienced a rise in new orders and the strongest output growth Rising inflation weighed on demand, with 13 out … Read the full press release
Posted in Banks, Business, Economy, Financial, United Kingdom
Tagged economy, falling demand, inflation, Jeavon Lolay, labour market slowdown, Lloyds Bank, Output contraction, recession, Scott Barton
12 von 14 Sektoren verzeichneten im Oktober einen Rückgang der Produktion, gegenüber neun im September Anbieter von Softwaredienstleistungen verzeichneten einen Anstieg der Auftragseingänge und das stärkste Leistungswachstum Die steigende Inflation belastete die Nachfrage, 13 von 14 Branchen verzeichneten einen Rückgang … Read the full press release
(COMMUNIQUÉ DE PRESSE) LONDRES, 29-Mar-2022 — /EuropaWire/ — Lloyds Banking Group, un groupe de services financiers de premier plan basé au Royaume-Uni, a publié son nouveau recherche sur la façon dont les Britanniques utilisent le service de confirmation de paiement … Read the full press release
(PRESS RELEASE) LONDON, 29-Mar-2022 — /EuropaWire/ — Lloyds Banking Group, a leading UK based financial services group, has released its new research on how Brits are making use of the Confirmation of Payee (CoP) service. The study reveals that millions … Read the full press release
Just 10% of small businesses launched a virtual shop window as a direct result of the pandemic Nearly half of small businesses are yet to make the move to online 65% see lack of digital skills as main barrier to … Read the full press release
Posted in Banks, Business, Financial, Internet & Online, Management, News, Small Business, Technology, United Kingdom
Tagged Business Banking, ceramic sculptures, digital skills shortfall, digitalisation, Gareth Oakley, going digital, Lloyds Bank, Lloyds Bank Academy, Lloyds Bank Business, Paula Armstrong Ceramics, Paula Bond, REPORT, RESEARCH, small businesses
Vast majority of UK business content with current levels of debt Profit squeeze seen as biggest barrier to future growth Third of businesses would not contact their bank if worried about finances (PRESS RELEASE) LONDON, 25-Oct-2021 — /EuropaWire/ — Lloyds … Read the full press release
Business across the UK (48%) report that the pandemic sparked a wave of creative thinking. Manufacturing firms were the most likely to adapt through changes to their operating patterns (28%) and expanding the product offering (22%). London (63%) and North … Read the full press release
13 of the 14 UK sectors tracked by Lloyds Bank’s UK Recovery Tracker were ahead of the global recovery benchmark in August. Transport was the only UK sector to report a decline in output in August, with automotive, healthcare, chemicals … Read the full press release
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