Lloyds Banking Group has appointed Magdalena Lis as Head of Responsible Artificial Intelligence (AI), starting on Monday 3 February 2025.

This follows the earlier appointment of Dr Rohit Dhawan as Director of AI and Advanced Analytics in August 2024, as the Group continues to bolster its AI capabilities and add to its growing team of industry-recognised experts. Lloyds Banking Group’s AI Centre of Excellence now includes over 200 specialists, with more than 30 PhDs in relevant fields.

Trump Media and Technology Group Corp., operator of the social media platform Truth Social and the video streaming platform Truth+, is announcing today that the company’s board of directors has approved a financial services and financial technology strategy, which will include the launch of the financial services and FinTech brand Truth.Fi.

REPAY , a leading provider of vertically-integrated payment solutions, today announced a strategic integration with Worth, the all-in-one fintech platform for underwriting and onboarding workflow automation.

Geopolitical uncertainty is the biggest driver of emerging threats for banks and insurers according to the 2025 ORX Horizon and Cyber Horizon reports, based on input from 47 leading global financial services firms. The benchmark studies ranked cybercrime in the top spot for the 4th consecutive year, ahead of other risk categories by a significant margin.

Turkiye’s Yapı Kredi (YKB) has harnessed the power of FICO’s advanced fraud detection technologies including FICO® Falcon® Fraud Manager to achieve a remarkable 98.7% reduction in fraud losses over seven years. Despite doubling its banking transaction volumes, YKB has maintained one of Turkiye’s lowest fraud ratios among top banks. This success stems from integrating custom data and scores alongside the machine learning models within FICO Falcon Fraud Manager.

LGT, the international Private Banking and Asset Management group owned by the Princely Family of Liechtenstein, has partnered with the UK-based NatureAlpha platform to further advance the sustainability of its investment decisions using robust scientific data.

Checkout.com, a leading global digital payments company, today announces its partnership with GetYourGuide, the online travel experience platform. This partnership underscores Checkout.com’s commitment to helping digital-first businesses to thrive.

6.5 million people in the UK planned to take out a credit card this January to help them afford everyday essentials such as bills and food, reveals research from responsible lender, Creditspring.

UK headquartered payments firm Sokin has secured $15m debt funding from funds and accounts managed by BlackRock, enabling the business to continue its rapid growth trajectory. The funding comes just months after Morgan Stanley Expansion Capital acquired a stake in the business with a strategic investment worth $31m.

European neobanks have long been drawn to the US market, seeing it as a lucrative expansion opportunity, and the inverse is also true. Yet few have made the leap to become fully established overseas.