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Lloyds creates AI tool to identify fraud ‘red flags’ to customers

Online shoppers will be notified of potential scams, asked for additional information before committing

Yael KatzwerbyYael Katzwer
June 16, 2026
in Risk & Security
Reading Time: 2 mins read
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Lloyds Banking Group plans to launch an AI tool in its app to help customers sidestep online shopping scams and avoid risky transactions. The Scam Check tool, announced this month, will notify a customer when they might be at risk of sending money to a fraudster via online shopping, according to a Lloyds spokesperson. The […]

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Tags: artificial intelligence (AI)fraud and anti-fraudLloyds Banking GroupNewsPremium
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