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Finance & Economics

British banking group partners Google Cloud?

Mar 10, 2020

The collaboration will leverage AI and machine learning to create more personalized customer experiences

Google Cloud

British banking group partners Google Cloud. Source: shutterstock.com

Lloyds Banking Group has announced a partnership with Google Cloud. This collaboration is a part of the bank’s commitment to invest ￡3 billion to transform for success in a digital world.

The Group aims to add Google Cloud to its portfolio of technologies, accelerating its ambition to deploy smarter technology and better experiences to its customers in the UK.

The size of our digital transformation is huge and Google Cloud’s capabilities will help drive this forward, increasing the pace of innovation, as well as bringing new services to our customers quickly and at scale. This collaboration gives us a strategic advantage to continue as a leader in banking technology
Zaka Mian, Group Transformation Director, Lloyds Banking Group

Over 5 years, Lloyds intends to deploy a number of Google Cloud services aimed to support the Group’s ambition to streamline, modernize and improve the customer experience.

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