Urgent action is needed to tackle a skills and talent crisis in UK financial services, according to an independent review commissioned by HM Revenue which warns the industry is in for a bumpy ride in the face of the technological revolution and Brexit.

Global asset manager Schroders has teamed up with the Monetary Authority of Singapore (MAS) to develop a tokenised digital asset fund.

The New York State Department of Financial Services (NYDFS) has advised firms dipping their toes into crypto activities to use blockchain analytics tools to help them with risk management and compliance.

Payments infrastructure platform Finix, has raised $35 million in a Series B funding round led by Silicon Valley VC Sequoia.

Lloyds Banking Group has invested £10 million in digital identity company Yoti, marking its second fintech investment of 2023.

MonetaGo is ditching blockchain for a shift to the cloud after almost a decade of using distributed ledger technology for its trade finance fraud prevention product.

Deutsche Bank is to shutter a “mid-double-digit number” of branches while investing in telephone and video channels for providing personal advisory services to customers.

For the sixth year running, EBAday hosted a dedicated Fintech Zone, where 16 cutting-edge fintech startups from across Europe and beyond pitched their proof of concepts and working products on the exhibition floor in Lisbon, Portugal.

It’s the second day of Temenos’ annual conference on the banks of the River Liffey in Dublin. Stay tuned for more on the latest in banking transformation and digital disruption, not to mention the Innovation Jam final.

Icelandic challenger bank indó has signed with Finnish technology provider Enfuce, which will provide the foundational tech for payments, open banking and sustainability services.

Prime Minister Rishi Sunak has announced that the global summit on the safety of artificial intelligence (AI) will be hosted at the historic Bletchley Park in Milton Keynes, where Alan Turing and a group of codebreakers cracked the Enigma code during World War II.

Clove, a UK wealth management startup co-founded by the former boss of fintech unicorn Paddle, has emerged from stealth with $14 million in pre-seed funding.