The in-house experiment has helped the bank collaborate with fintechs, explore “proof-of-concepts” and improve operational efficiency, the bank said. At present, the sandbox’s integrated marketplace has more than 100 partner fintechs, more than 500 APIs and features more than 100 datasets.
Estimated reading time: 0 minutes, 20 seconds
Lloyds Claims Victory on Innovation Sandbox Experiment
Lloyds Banking Group announced its new Innovation Sandbox has hit its key benchmarks and has been a rousing success to date. So reports Finextra.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-