As Apple and Amazon get ready to disclose their quarterly profits following the closing of the markets this Thursday, investors are looking at more than just the revenues earned and the profits made. The outcomes will help wrap up the most recent Big Technology earnings season while influencing the continuation of Wall Street’s willingness to […]
Visa is eliminating approximately 2,600 positions, or about 7% of its global workforce, in a restructuring move. The payment company’s CEO Ryan McInerney outlined it in a staff memo sent Tuesday, July 28. The cuts will primarily affect the technology and product teams.
Elon Musk has made a significant move towards making X an “everything app” as the company has officially launched X Money for eligible Premium and Premium+ users in the U.S. The feature offers peer-to-peer transfers, a digital wallet, debit card services, direct deposits and much more, introducing banking services right through the X app. Now, […]
Revolut has advanced in its quest to be recognized as a full-fledged financial super app, as it has launched a feature enabling private market investments for retail clients. Instead of merely introducing an additional investment product, the fintech’s latest move illustrates the more significant transformation occurring in the wealth management sector: the race for the […]
Checkout.com has been granted provisional in-principle approval for a Stored Value Facilities (SVF) license from UAE’s Central Bank, marking another step in the rapid rise of the country as one of the largest payments markets in the world.
Skillful AI shopping agents can now find a product, fill a cart, and pay for it without the user even opening a browser tab. Amazon, Google, and OpenAI have each shipped a version of this over the past year, though all three do not work the same way. The safety question therefore is not as […]
Finance companies built on tech platforms architected decades ago are confronting a growing set of pressures: aging infrastructure that resists modern tooling, calculation logic that may no longer reflect current compliance requirements, and a workforce of institutional experts approaching retirement. According to a 2026 industry survey on platform migration and modernization in consumer finance, 87% […]
The race to build the payment infrastructure of the AI-agent economy is entering a new phase, with global payment networks and technology companies competing to define how machines will identify, authorize and execute transactions.
Autonomous checkout has moved from demo to disputed business model within a single year. Amazon’s Rufus-powered “Buy for Me” now completes purchases on external retailer sites on a shopper’s behalf. OpenAI tried a native 4% checkout fee inside ChatGPT and pulled it after six months. A new startup, Natural, has raised $30 million to build […]
Modern AI has revolutionized the lending procedures of banks and fintech lenders helping them process loans faster and ensure credit access to those borrowers overshadowed by conventional credit assessments. But some important questions arise with this innovation: Are lenders able to explain the reasoning behind their AI’s decision to approve one applicant while rejecting another? […]
Artificial intelligence has supported banking operations for years. It has found many applications in fraud detection, credit scoring, risk modelling, and customer service automation. In 2026, however, industry discussions have increasingly focused on agentic AI — a new category of proactive AI systems designed to plan, coordinate, and execute multi-step tasks instead of simply generate […]
Upstart Holdings has reached a milestone that could influence how future AI-driven financial institutions are regulated. The company has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Upstart Bank, N.A., entity with potential to become the first nationally chartered bank built from the ground up with AI-powered underwriting.
Apple and Amazon have put embedded finance back in the spotlight this week. While Apple is preparing to launch a new financing program for its devices, Amazon Business is renewing attention around its existing partnership with Affirm. Such a synchronization among Big Tech players underscore the growing role of installment payments as an integrated part […]
The CEE Anti-Fraud Forum and Risk & Compliance Forum 2026 will return to Vilnius, Lithuania, on October 6-7, bringing together hundreds of professionals from across Central and Eastern Europe to discuss the latest developments in fraud prevention, governance, risk management and regulatory compliance.
Merchants’ fear of AI shopping agents is just a ‘hallucination’, four-wave international study finds. Based on responses from 4,250 consumers across the UK, US, France and Germany, the research explores the emerging ‘shortlist economy’ and how AI is reshaping the path to purchase.
Native, a company developing artificial intelligence (AI) tools for offline retail operations, has agreed to acquire Frontline Research Group, an African market intelligence provider, to strengthen its data capabilities across the continent’s traditional trade sector.
© 2026 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
