Lloyds Bank has finally put pen to paper on a long-mooted £1.3 billion, 10-year mega outsourcing deal with IBM, which will see 1500 staff and contractors moved to Big Blue.
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 extremely proud to partner with AbilityNet, a UK charity helping disabled adults and children use computers and the internet by adapting and adjusting their technology.
Lloyds Banking Group and Digital Leaders will today join forces to host a digital salon in Manchester, focused on tackling the challenge of improving digital skills across the region.
Lloyds is teaming up with Microsoft to pilot the use of fingerprint and facial recognition technology for online banking logins on Windows 10 devices.
Last year, Lloyds Banking Group announced the launch of a new mentoring scheme that sees FinTech start-ups benefit from the broad expertise of its colleagues from across the Group.
Visa and four of the UK's leading banks are partnering with Amazon on the launch of a new commercial marketplace for businesses shopping on the popular e-commerce site.
With customer visits plummeting, Lloyds Bank is shrinking the size of hundreds of its branches, ditching tellers in favour of tablet-yielding wandering staffers.
Lloyds Banking Group is planning to outsource large parts of its IT estate and transfer 1900 staff to IBM in a deal worth £1.3 billion over seven years.
Lloyds Banking Group and Barclays have been named as a key partners in a new drive by the UK Government to arm the nation with digital skills and place Britain at the forefront of a sweeping technological revolution.
© Finextra Research 2017