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Lloyds strives to be UKs biggest fintech by selling more customer data
Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. Lloyds Banking Group will sell more customer data and automate governance checks in a bid to slash technology costs and reinvent itself as “the UK’s biggest fintech”. The high street lender, which has 28mn customers,…
TikTok owner signs join venture agreements to avoid US ban
TikTok’s Chinese owner ByteDance has signed binding agreements with US and global investors for the majority of its business in America, TikTok’s boss told employees on Thursday. Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent…
Weve saved £6,000 on holidays by swapping homes with strangers
The main home-swap listings platforms vet their members and invite them to review one another. But the Association of British Insurers advises hosts to check that their home and contents insurance provides the cover they need before hosting guests. It also says it is worth checking your travel insurance before staying in someone else’s home…
Elon Musks Grok AI image editing limited to paid users after deepfakes
Elon Musk’s platform X has limited image editing with its AI tool Grok to paying users, after it came under fire for allowing people to make sexualised deepfakes. There has been a significant backlash after the chatbot honoured requests from users to digitally alter images of other people by undressing them without their consent. But…
