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Lloyds Bank Taps Moneyhub for Data Categorization

Summary by Finovate
Lloyds Banking Group has partnered with Moneyhub to enhance transaction categorization and personalization across its brands, including Lloyds, Halifax, and Bank of Scotland. Moneyhub’s AI-driven platform uses consumer-permissioned data and a decade of user training to deliver highly accurate transaction insights, supporting Lloyds Banking Group’s digital strategy. While open banking accelerates in the UK and Europe, the US faces regulatory unce…
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Finovate broke the news in on Friday, May 16, 2025.
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