Tag: Lloyds Banking Group

Adclear lands Marshmallow as Consumer Duty pressure grows

As the FCA increases its focus on Consumer Duty compliance, UK InsurTech Marshmallow has partnered with communications compliance platform Adclear to strengthen oversight of...

UK AI Champions unveil plan to fast-track FinTech adoption

The UK government's independent AI Champions for financial services, Harriet Rees of Starling Bank and Dr Rohit Dhawan of Lloyds Banking Group, have drawn...

Cosine builds UK’s first sovereign frontier AI model

Cosine, a British sovereign AI frontier lab founded in London in 2023 and selected by the UK government as part of its sovereign AI...

Lloyds and BankiFi launch free MTD tool for small businesses

Lloyds, part of Lloyds Banking Group, has teamed up with BankiFi, a banking technology platform, to offer small businesses a free Making Tax Digital...

Lloyds Banking Group’s quantum leap in fraud detection

Lloyds Banking Group has completed what is believed to be the first-known experiment exploring how quantum computing could help identify money mules, marking a...

Feedzai unveils RiskFM AI model for financial crime

Feedzai has launched RiskFM (Risk Foundation Model), the industry's first Tabular Foundation Model purpose-built for financial data and risk decisioning. The launch of RiskFM represents...

Lloyds unveils UK’s first AI financial assistant

Lloyds Banking Group has announced plans to launch the UK’s first large-scale, multi-feature AI-powered financial assistant, marking a milestone in its digital transformation strategy. The...

FSSC to lead AI workforce report for UK finance

The UK government has announced that the Financial Services Skills Commission (FSSC) will lead a new initiative to assess the artificial intelligence (AI) and...

AI adoption surges as 91% of UK institutions back tech

AI has become a core part of UK financial institutions’ operations, moving firmly from pilot projects to measurable business performance, according to the latest...

FinTech Scotland awards five startups £50,000 each to drive consumer-focused innovation

Five FinTech startups have each been awarded £50,000 to advance innovations that enhance financial inclusion, strengthen financial resilience, and improve consumer engagement in financial services.

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