Lloyds strives to be ‘UK’s biggest fintech’ by selling more customer data
#Lloyds #fintech #customer data #data sales #UK banking #monetization #revenue streams
📌 Key Takeaways
- Lloyds aims to become the UK's largest fintech company by expanding its data sales.
- The bank plans to monetize more customer data to achieve this goal.
- This strategy involves leveraging its extensive customer base for new revenue streams.
- The move reflects a broader trend of traditional banks adopting fintech strategies.
High street lender wants to reduce technology costs by 35% this year, internal documents show
🏷️ Themes
Data Monetization, Fintech Expansion
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Banking in the United Kingdom
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