Lloyd’s expects to save $901 million through technology in 2024

Lloyds Bank is modernizing its platform and strengthening its technology team through AI. “Digitizing end-to-end and modernizing our technology assets will drive efficiencies as we scale,” said Charlie Nunn, the bank’s chief executive, during the bank’s second-quarter earnings call today. The bank has digitized around 45% of its customer journeys (…)