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Lloyds Banking Group Unveils AI-Powered Financial Assistant
Lloyds Banking Group is introducing the UK’s first large-scale, multi-feature financial assistant powered by artificial intelligence, designed to change how more than 21 million customers manage their money through the bank’s mobile app. The launch marks an important step in Lloyds Banking Group’s ongoing digital transformation.
The AI-powered financial assistant is designed to act like a personal finance partner, available 24 hours a day to give tailored guidance, respond to questions, and link customers with human advisers when needed. With this rollout, Lloyds becomes the first UK bank to use agentic AI on such a wide scale, marking a new...
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Banking
US Fed Revises Supervisory Rating Framework for Big Banks
The Federal Reserve Board has approved final amendments to its supervisory rating framework for large bank holding companies. The finalized version largely mirrors the...
Insurance
Asset Management
FIS Launches Innovative FIS Asset Servicing Management Suite
Global financial technology firm FIS has introduced the FIS Asset Servicing Management Suite, a new set of automated, connected...
Cards & Payments
U.S. Bank Split Card Launched to Enable Automatic Payments
U.S. Bank has unveiled the U.S. Bank Splitâ„¢ World Mastercard, a new credit card designed to simplify how consumers...
Technology
Finance
EIB Expands Green Checker Platform Beyond the European Union
The European Investment Bank (EIB) Group has expanded its Green Checker platform beyond the European Union. It is now open to countries around the...
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TerraPay and Cobre Partner to Expand Payment Flow across LATAM
Cobre, one of Latin America’s leading B2B payments platforms, has entered into a partnership with TerraPay, a global company that focuses on making cross-border...
PayPal, OpenAI to Bring Payments and Commerce to ChatGPT
PayPal said it plans to bring the Agentic Commerce Protocol (ACP) to ChatGPT, a move aimed at expanding how payments and commerce work inside...
ClearBank Partners with Circle to Advance Digital Payments
ClearBank has signed a strategic framework agreement with a subsidiary of Circle Internet Group, the global financial technology and stablecoin leader, opening a new...
Mastercard Unveils Tools to Advance Commercial Payments
Mastercard has introduced new tools to make commercial payments easier. They are also meant to give businesses better visibility over B2B transactions.
The company’s latest...
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