On April 20th the bitcoin halving will take place, which is set in the cryptocurrency’s technology to cut the rate at which bitcoin is created. The event happens every leap year and is eagerly anticipated by crypto enthusiasts.

UK-based asset and wealth management software vendor Zilo has raised £25 million in a Series A funding round joined by Citi.

Startup Money Squirrel has launched an open banking-powered app to help UK businesses master their cashflow management.

Banking cooperative Swift has published a new API standard for the pre-authorisation of funds in its latest bid to bring more efficiency to open banking in Europe.

The next afternoon panel was moderated by Debi Bell-Hosking, with speakers consisting of Dr Janet Bastiman, chief data scientist, Napier AI; Stuart McDowell, UK CIO, Societe Generale; and David Tracy, head of data products, Smart Data Foundry.

Royal Bank of Canada is using its own proprietary AI foundation model to improve credit adjudication capabilities and loyalty programme personalisation.

OCBC Bank is putting HR in the pockets of its employees with a mobile app and chatbot integrated with the bank’s human resources information system.

Megan Caywood Cooper, former Barclays chief product officer and Starling chief platform officer, has announced her new AI wealthtech Caywood, at Money 20/20 today.

Starling Bank has signed a ten-year deal to implement its core banking software, Engine, at Canada’s Tangerine Bank, a digital offshoot of the Bank of Nova Scotia.

Microsoft Brazil, 7COMm and Chainlink are to work with Banco Inter on a trade finance application as part of the second phase of the central bank’s trials of its digital currency, Drex.

Keeta Network, a high-performance blockchain that connects Web3 and traditional financial systems, aims to be a real-world tokenisation and financial interoperability frontrunner by working with Solo. Solo turns data into reusable, verified credentials, enabling banks, fintech firms and cryptocurrency platforms to make smarter, faster decisions, without compromising privacy.

European spend management platform Pleo has worked with Mastercard to launch an embedded finance offering that helps businesses managing large networks of SMB customers to offer real-time financial intelligence via spend and cash management capabilities directly from their own platform.

In this age of the customer when banks are leveraging the cloud to reduce costs, innovate faster, minimise risks and digitise mission-critical services, it’s become clear that technology drives change at a ground-breaking rate.

Dozens of financial services job roles will see much of their work taken by data analytics and automation in the next few years, according to a new report from Singapore, which is preparing for the radical workforce shift with a new career training programme focused on emerging technology roles.