American crypto regulation horizon starts clearing up. The U.S. Securities and Exchange Commission (SEC) has proposed a new framework for crypto assets. Meanwhile, the Financial Accounting Standards Board (FASB) is moving to clarify how some digital assets could be treated in financial statements.
Global bond markets today are not soothing investors concerned over the high costs of borrowing and the consequences this is having on household accounts.
Klarna delivered a stronger-than-expected second quarter, but investors focused on what comes next, which led to a counterintuitive stock decline.
Nvidia is reducing the financial support it planned to provide for a major OpenAI data center project in Ohio, but the move may point to something larger than a change in one technology deal. It highlights how financing for artificial intelligence infrastructure is increasingly moving toward private credit and institutional investors.
Meta’s youth safety trial opened on August 18 in the U.S. District Court for the Northern District of California, putting Facebook and Instagram’s product design under unusually close legal scrutiny. Four states: California, Colorado, Kentucky and New Jersey, are leading the bellwether case, part of a broader lawsuit brought by 29 states in 2023.
The U.S. Senate has passed the Common Cents Act, bringing the end of the penny closer and potentially giving a new push to the country’s shift away from cash payments.
Razorpay has launched Vulcan, an artificial intelligence (AI) foundation model designed specifically for payments specifics of the Indian market. The company describes Vulcan as India’s first transformer-based AI foundation model for payments, beyond using separate AI tools for individual tasks such as fraud detection or payment routing.
Global financial markets are sending several signals at once: the Japanese yen remains weak despite an unusual currency intervention, investors are returning to emerging-market debt at the fastest pace in more than two decades, and expectations for U.S. interest rates remain uncertain. For banks, payment companies and fintechs, these developments matter most as they can […]
Alipay introduced China’s first full-stack agentic commerce platform on August 17, 2026, at its AI Ecosystem Partner Conference in Hangzhou. The platform is designed to help merchants move from standard digital operations to AI-powered operations.
Strategic collaboration between global technology organisations, financial-market institutions and emerging fintech innovators highlights Ethiopia’s evolving digital financial ecosystem
The Office of the Comptroller of the Currency (OCC) has given conditional approval to World Liberty Trust Co., clearing the way for the Trump family-linked crypto venture to operate as a national trust bank. The decision lets World Liberty Financial (WLF) bring management of its USD1 stablecoin in-house. For now, the company relies on third-party […]
Two major M&A deals this week show how deeply artificial intelligence (AI) and payments are becoming intertwined. Stripe has agreed to buy OpenRouter, an innovative tech marketplace that lets people access hundreds of AI models through one gateway, for more than $7 billion. Meanwhile, Anthropic is in early talks to acquire Decart, an Israeli startup […]
Three different regions made their movements this month to reduce dependence on the two global companies that process most of the world’s card payments. On the surface, they may look unrelated, but together, a pattern emerges where governments and central banks build various types of alternative payment rails instead of relying on Visa and Mastercard.
Knot, a merchant-connectivity platform that lets people move saved payment details between apps and websites, announced a partnership with Venmo on August 12. The deal lets Venmo users set the PayPal-associated platform as their default saved payment method at merchants they already shop with, without typing in card details each time.
New survey data shows Buy Now, Pay Later (BNPL) is becoming a routine part of predictable, recurring shopping for American households, and almost half of US consumers will use it to make the annual back-to-school purchases possible.
Nvidia, Cisco, CrowdStrike, Cloudflare, Microsoft, IBM, Hugging Face, Databricks, Salesforce, SpaceXAI, and hundred more tech firms are supporting the Open Secure AI Alliance (OSAA) SAFE Framework aimed at standardizing reporting for cases when AI agent or an automated system makes unauthorized, unintended or otherwise unsafe actions.
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