Lloyds Banking Group plans to launch an AI financial assistant in early 2026, aimed at helping customers manage spending, savings, and investments through its mobile app. The assistant will allow users to ask questions and perform transactions, with plans to expand its features to include mortgages and car finance. Currently, it's being tested by 7,000 employees.

Lloyds Banking Group is reportedly in negotiations to acquire the fintech company Curve for approximately £138 million. This acquisition aligns with Lloyds' strategy to enhance its digital banking capabilities and diversify its financial services offerings.