Lloyds: Lloyds Banking Group Implements FICO Platform to Improve Lending Systems

As part of a broader initiative to modernise its lending infrastructure and migrate to the cloud, Lloyds Banking Group (LBG) has adopted the FICO Platform to support over £7 billion in annual loans. By making use of real-time data ingestion and advanced analytics, the platform has contributed to a 2.5% increase in credit card approvals, a [...]The post Lloyds Banking Group Implements FICO Platform to Improve Lending Systems appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.