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.
The Federal Reserve holds its next rate decision on September 15–16, and for the first time in months, traders are leaning toward a hike, not a cut. The Fed’s rate-setting group, the FOMC, held its benchmark rate steady on July 29 for a fifth straight meeting, at 3.50%–3.75%. But three of its twelve voting members […]
The U.S. President Donald Trump administration has refunded about $100 billion of the tariff revenue it collected under the 2025 “Liberation Day” duties, U.S. Customs and Border Protection (CBP) told a federal court this week. The refunds follow a Supreme Court ruling that struck down the tariffs as illegal, and a subsequent court order requiring […]
SBC Summit will equip delegates with the strategies needed to identify and capitalise on gaming’s fastest-growing regions, including Africa, Eastern Europe, Eurasia and the Far East, through its dedicated Emerging Markets track.
Q2 GDP growth moderated to an annualized 1.5%. This slowdown from prior quarters arrives alongside a steadier signal: underlying private-sector demand in the United States has not softened at the same pace. Brent crude has traded above $89 a barrel through the quarter, keeping energy costs elevated even as broader inflation readings show mixed signs […]
The rules governing who can buy what, from whom, and under what authority are being rewritten by trade groups and card networks racing to keep pace with software that shops on its own.
The Federal Reserve’s July 29 decision to hold its benchmark rate at 3.50%–3.75% is still working its way through markets, and Monday’s ISM Manufacturing PMI report gave investors their first hard data point to test the central bank’s internal split. For payments and lending, the combination points to a stretch of elevated borrowing costs running […]
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.
Open banking and open finance are often treated as the same idea at different stages of maturity. That framing is no longer accurate. The regulatory scope, the participants, and the political stakes have diverged enough that open finance now needs to be understood as its own contest centred on which companies get to sit inside […]
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.
On July 29, Federal Open Market Committee has voted on the federal funds rate with a ratio of 9-3 in favor of maintaining the rate within the 3.50%-3.75% range. This was the first time Federal Open Market Committee Chair Kevin Warsh had to face dissenters since he took office. The opposition has come from three […]
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.
The Federal Open Market Committee began its two-day meeting on July 28. The rate decision lands Wednesday, July 29, at 2:00 p.m. ET, followed by Fed Chair Kevin Warsh’s press conference at 2:30 p.m.
Eight times a year, a room of Fed officials decides one number that quietly shapes what the world pays to borrow money — the federal funds rate. It’s the setting that eventually shows up in your mortgage quote, your credit card APR, and the price of just about every asset investors trade. The decision belongs […]
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.
© 2026 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
