Quantum computers powerful enough to break today’s encryption do not exist yet. But banks are already treating that future as a present-day deadline, according to a new analysis published by The Quantum Insider on August 7.
Quantum computing is edging into the world of bank security. D-Wave Quantum and Nasdaq Verafin, the anti-money laundering and fraud technology arm of Nasdaq that serves more than 2,800 financial institutions holding a combined $13 trillion in assets, announced an agreement on August 3, 2026, designed to evaluate whether quantum computing can improve financial crime […]
A growing body of research is pointing to the same uncomfortable number: somewhere around a third of US economic growth right now traces back to AI. Not AI products people use daily, but the spending behind them.
For years, banks worried mostly about threats coming from people. Think of stolen passwords, phishing emails, and careless clicks. That threat hasn’t gone away, unfortunately. And yet, right next to it, a bigger, quieter one has risen and overtaken the previously known cybersecurity issues. It’s called a “non-human identity,” and most people outside IT departments […]
Although Visa, Mastercard, SWIFT, and other payment infrastructure providers have not announced firm migration deadlines, governments are beginning to establish them. The U.S. federal government’s goal of transitioning critical cryptographic systems by around 2030 is widely viewed as an important benchmark that could influence planning across the broader financial services ecosystem, including payment networks, PSPs, […]
August 2, 2026 was expected to be the EU AI Act’s largest compliance deadline. It was not. Here’s what’s happening to Europe’s most wanted regulation on artificial intelligence.
Amazon’s investment in custom silicon is quickly turning into one of the company’s most important growth engines. In the wake of its latest earnings report, the company revealed that its custom chip portfolio, including Trainium AI accelerators, Graviton CPUs, and Nitro networking processors, has now exceeded a $20 billion annual revenue run rate.
The gambling sector in the United Arab Emirates (UAE) has moved forward at a measured pace since the country established a regulated commercial gaming market in 2023. Recent developments show that international gaming companies and local regulators are laying the foundations for long-term growth.
Oops, AI did it again… Anthropic, the artificial intelligence company behind the Claude family of large language models and popular AI chatbot, has disclosed that its AI model gained unauthorized access to the systems of three real organizations during cybersecurity testing after a configuration error accidentally exposed supposedly isolated test environments to the public internet. […]
Apple and Amazon both topped Wall Street estimates in their latest quarterly reports, released within hours of each other on July 30. But the two companies got there in very different ways: one through hardware demand, the other largely through a paper gain on an AI investment.
Microsoft has announced a new generation of cybersecurity tools that use artificial intelligence (AI) to identify vulnerabilities and tackle assaults with minimal human involvement, representing a major step into the world of autonomous cybersecurity.
A phone rings. The voice on the other end sounds exactly like a bank representative, a company executive or even your grandchild. Unfortunately, it is not. Artificial intelligence (AI) can now reproduce a person’s voice closely enough to fool even the people who know that voice best, and criminals are using the “smart” technology against […]
World AI Show Indonesia wraps up with high-stakes ministerial dialogues, enterprise blueprints, and precision networking as Trescon names Kuala Lumpur the next stop for its global series, scheduled for 9–10 September 2026.
Vast majority (66%) of fund managers believe their firms are over-investing in AI, while 25% believe their organizations are not investing enough, according to new global AI investment research from Clearwater Analytics.
The United States is moving closer to establishing a federal review process for frontier artificial intelligence models, a development that could reshape deployment timelines for financial institutions relying on cutting-edge AI. The reported policy discussions come as OpenAI has temporarily paused internal access to an unreleased frontier model following concerns that it repeatedly found ways […]
GreenVibe has raised $12 million to date to close what it describes as a longstanding blind spot in construction: whether poured concrete actually matches its specification. The company embeds wireless sensors into concrete before pouring, delivering strength and status readings every 30 minutes.
© 2026 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
