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Lloyds Banking Group New IT Platform
Lloyds banking group has announced it is switching computer systems to a new platform and plans to move the first tranche of 500,000 customers this year. Such a radical move brings with it huge risk, TSB’s system move failed last year costing £200m and 16,000 customers so far.
CAST, the MRI scanner for code, works with companies including Credit Suisse and Boston Consulting Group. Ahead of mergers, acquisitions and the subsequent changes of platforms, CAST allows vulnerabilities to be identified and addressed.
Lev Lesokhin, SVP of Strategy and Analytics at CAST, commented on Lloyds’ announced change, saying:
“Lloyds Banking Group are to be congratulated for taking action to modernise. However, a move of this size, migrating the data of half a million people, carries considerable risk. To avoid the problems experienced by others, LBG should undertake a comprehensive, MRI-like scan of their current, and future, systems as a matter of priority. Software Intelligence illuminates structural characteristics of software to help decision-makers understand the hidden complexities of otherwise-impenetrable legacy IT as well as ensure the readiness of systems to be modernized and/or re-platformed, ensuring they run well in any environment.”
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LSEG Risk Intelligence Launches Identity Gateway to Simplify Access to Trusted Digital Identity Schemes
LSEG Risk Intelligence today announced, at Money 20/20 Europe, the launch of Identity Gateway, a new technology infrastructure layer designed to simplify access to trusted digital identity schemes.
Hey Savi and PayPal Launch UK’s First Agentic Commerce Platform with In-App Checkout; Debenhams Group Joins as First Retail Adopter
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At Money 20/20, Worldline [Euronext: WLN], a European leader in payment services, and ING, a global financial institution with a strong European base, announce the successful execution of Europe's first end-to-end agentic payment transaction in production with Mastercard.
BHM Capital Becomes First UAE Financial Institution to Connect Clients to Amman Stock Exchange Through ADX’s Tabadul Platform
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Money20/20 and FXC Intelligence Reveal Europe’s Cross Border Payments Industry at a Strategic Crossroads
Money20/20, the world’s leading fintech show and the place where money does business, today announced the release of a new report produced in partnership with FXC Intelligence, the world’s leading provider of cross-border payments data and intelligence, titled “Europe’s Cross Border Payments Crossroads: The Current State and Future Potential of the Industry in 2026.”
Infosys Expands Strategic Collaboration with DNB Bank ASA to Modernize Financial Crime Operations
Infosys (NSE, BSE, NYSE: INFY), a global leader in AI-first business consulting and technology services, today announced the expansion of its strategic collaboration with DNB Bank ASA (DNB), Norway’s largest bank, to modernize its Financial Crime (FinCrime) operations using NICE Actimize X-Sight Enterprise platform. Through this engagement, Infosys will help DNB transform fragmented, legacy systems into a unified, intelligence-driven, cloud-native platform that enhances risk insights, improves detection accuracy, and strengthens multi-jurisdiction regulatory compliance.
Lorum Extends Correspondent Rails Into Yield, Taking on the BNY Model for Mid-market Financial Institutions
Lorum today announced the upcoming launch of a yield-bearing capability within its cash management offering for institutional treasurers. The capability extends Lorum's existing cash management service, giving treasurers access to money market instruments alongside the multi-currency clearing, custody, and FX they already use, through a single account structure. Clients will be able to earn yield on idle balances held on the platform, including dollars held for foreign exchange execution, operational liquidity buffers, and funding held between collection and payout cycles.
LSEG Risk Intelligence Launches Identity Gateway to Simplify Access to Trusted Digital Identity Schemes
LSEG Risk Intelligence today announced, at Money 20/20 Europe, the launch of Identity Gateway, a new technology infrastructure layer designed to simplify access to trusted digital identity schemes.
Hey Savi and PayPal Launch UK’s First Agentic Commerce Platform with In-App Checkout; Debenhams Group Joins as First Retail Adopter
Today Hey Savi launched UK’s first agentic commerce experience with native checkout powered by PayPal. The app is the first of its kind AI-powered, brand agnostic fashion search platform for women, making it easier for shoppers to find, compare and buy must-have styles without leaving the app. Debenhams Group - including the Group brands Debenhams, Karen Millen, Boohoo and Pretty Little Thing – is the first retailer in the UK to bring end-to-end AI-powered shopping to UK consumers.
Worldline and ING Complete a Live End-to-end European Agentic Payment in Production
At Money 20/20, Worldline [Euronext: WLN], a European leader in payment services, and ING, a global financial institution with a strong European base, announce the successful execution of Europe's first end-to-end agentic payment transaction in production with Mastercard.
BHM Capital Becomes First UAE Financial Institution to Connect Clients to Amman Stock Exchange Through ADX’s Tabadul Platform
BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, announced the activation of Amman Stock Exchange (ASE) market coverage through Tabadul, the cross-border digital trading platform under Abu Dhabi Securities Exchange (ADX), further enhancing regional market connectivity.
Money20/20 and FXC Intelligence Reveal Europe’s Cross Border Payments Industry at a Strategic Crossroads
Money20/20, the world’s leading fintech show and the place where money does business, today announced the release of a new report produced in partnership with FXC Intelligence, the world’s leading provider of cross-border payments data and intelligence, titled “Europe’s Cross Border Payments Crossroads: The Current State and Future Potential of the Industry in 2026.”
Oleg Boiko Highlights the Leadership Traits That Define Business Survival
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