Lloyds commits to 20,000 ‘digital champions’

Lloyds Banking Group has announced plans for one in every four of its staff to be dedicated to helping people and organisations use the internet to improve their digital skills and financial capability.

The move will deliver 20,000 ‘digital champions’ by 2017, as part of the bank’s Helping Britain Prosper Plan, which has already seen Lloyds become a founding partner of digital skills charity Go ON UK.

Employees will be trained through the LBG Digital Academy. The first 7,000 champions will be in place by 2015, spearheaded by the group’s community bank branches, who will also have access to a network of over 5,000 UK online centres from another digital skills charity, the Tinder Foundation.

According to figures released by Lloyds, 8.3 million people in the UK do not use the internet and one in five adults lack basic digital skills. But the bank said that on a like-for-like basis, its customers that were actively using online banking were more likely to demonstrate behaviours associated with good money management.

For example, Lloyds online banking customers had more than double the average savings balances compared to their non-online banking equivalents, and four out of five online customers accessed their accounts an average of 60 times a year, compared to just one in 10 of those not online.

Miguel-Ángel Rodríguez-Sola, group director for digital at Lloyds Banking Group, said: “We firmly believe that digital technology can play a pivotal role in Britain’s prosperity. By helping customers and communities use digital technology, they are empowered to unlock the many benefits that digital delivers, including saving money and being able to better manage their finances. We believe we can make a very real difference in this regard by harnessing the diverse skills of our colleagues together with digital information and technology.”

    Share Story:

Recent Stories


Creating value together: Strategic partnerships in the age of GCCs
As Global Capability Centres reshape the financial services landscape, one question stands out: how do leading banks balance in-house innovation with strategic partnerships to drive real transformation?

Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.

Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.

Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.