August 24, 2022

FT Adviser

Lloyds bags AJ Bell as open banking client

Lloyds Banking Group has signed a deal with AJ Bell which will see the investment platform use the bank’s open banking payment solution.

The high street bank said AJ Bell was the first company in the wealth management sector to use the tool, which uses biometric authentication to approve payments from an investor’s bank accounts to their trading account.

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