Lloyds Banking Group ('the Group') today announces that it has completed the acquisition of MBNA Ltd (MBNA), a UK consumer credit card business, from FIA Jersey Holdings Limited, a wholly owned subsidiary of Bank of America, following receipt of regulatory and competition approval.
Lloyds Banking Group is to pay £1.9 billion for the acquisition of credit card outfit MBNA from Bank of America.
Credit card experts MBNA have announced that Android Pay, by Google, is now available to their customers as the app goes live in the UK today.
Google's Android Pay has launched in the UK, enabling millions of Brits to make contactless instore and in-app payments with their handsets.
MBNA, the credit card experts, have announced they will support Samsung Pay, helping to transform mobile payments with a simple, secure and fast way to pay.
Credit card expert MBNA has announced that it will be among the first to bring Google’s Android Pay to its customers as the countdown to its UK launch, scheduled for later in 2016, begins.
Mobile operator O2 has launched Travel Alerts, a new automated service trialed with UK card issuer MBNA, to overcome the tiresome requirement for consumers to alert their bank and unblock cards every time they travel abroad.
MBNA is to be the UK’s first card issuer to offer a MasterPass powered digital wallet to its customers for online shopping.
UK-based credit card specialist MBNA has launched a new website that responds to the specific device consumers are using to view the site.
© Finextra Research 2019