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 […]
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.
Wise, the London-founded cross-border payments giant, saw its US banking ambitions stall on July 24 after the Office of the Comptroller of the Currency (OCC) rejected its application for a national trust bank charter — a decision the company says was driven as much by a changing regulatory landscape as by its own compliance history.
Banking Leaders, Regulators and Global Technology Innovators Unite to Accelerate Ethiopia’s Digital Financial Transformation on 12 August 2026 at Ethiopian Skylight Hotel, Addis Ababa, Ethiopia.
Glia’s July 21 launch of three configurable AI response modes for Glia Banker has taken on added context following a security incident disclosed this week by OpenAI and Hugging Face.
As banking and payments continue to evolve at unprecedented speed, financial institutions face mounting pressure to modernise legacy infrastructure, embrace artificial intelligence, strengthen cybersecurity and deliver seamless digital experiences. The 31st Edition Connected Banking Summit – Innovation & Excellence Awards 2026, taking place on 21 October in Istanbul, Türkiye, offers a unique opportunity for industry […]
The International Center for Strategic Alliances (ICSA) is proud to announce the 31st Edition Connected Banking Summit – Innovation & Excellence Awards 2026, scheduled to take place on 21 October 2026 in Istanbul, Türkiye.
The European Commission has taken one of its most significant steps yet to loosen Google’s control over the Android ecosystem, adopting binding requirements under the Digital Markets Act (DMA) that will require the company to open key Android capabilities to competing artificial intelligence assistants and share portions of its search data with eligible rivals.
With just one week remaining before entries close, organisations and individuals working across Open Banking, Open Finance and Smart Data have a final opportunity to submit nominations for the Open Banking Expo Awards 2026. The entry deadline is 22 July 2026, ahead of the industry’s flagship event taking place in London this October.
This year, PaySpace Magazine Global team had a chance to visit Point Zero Forum, which ran alongside Swiss Fintech Week 2026, held in Zurich from June 19 to June 25. The two parallel events covered AI adoption in banking, agentic commerce, and the infrastructure for programmable money. As those topics are among the most-discussed within […]
The landscape of Australian entrepreneurship is shifting rapidly. According to recent data from the Australian Bureau of Statistics, over 1.73 million Australian businesses are now sole operators with no employees. This represents nearly 64 percent of all actively trading businesses in the country. Income from self-employment surged to $29.5 billion in early 2025, highlighting a […]
Klarna Group submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC) to establish Klarna Bank USA, a proposed Utah-chartered industrial bank.
“Empowering the Future of Banking in the Kingdom: Innovation, Transformation & Growth” 30 September 2026 | Riyadh, Saudi Arabia
INTERNATIONAL FINANCE & BANKING SUMMIT 2026 — one of the region’s largest finance and banking events — was successfully held in Baku on June 9–10, 2026, at Baku Marriott Hotel Boulevard.
© 2026 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
