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.
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.
Save the date for two exclusive, back-to-back professional events dedicated to Anti-Fraud, Risk, Ethics, Compliance and Governance in the CEE region. 📅 October 6–7, 2026 📍 Vilnius, Lithuania | AC Hotel by Marriott 💻 Hybrid format | 7+7 CPE certificates will be issued This year’s key focus: 360° view on Anti-Fraud, Risk & Compliance — […]
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 […]
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.
SBC Summit has launched the Regulatory Gaming Meetups, a new networking initiative that will connect delegates with regulators, market experts, and industry leaders from more than 20 gaming jurisdictions during its 2026 event in Lisbon.
Artificial intelligence (AI) dominates the news agenda this week. Financial regulators warn that agentic AI is moving faster than rulemaking, the UK’s FCA ties the technology’s future to tokenized money, a skilled-labor shortage emerges as a bottleneck for the data centers powering AI systems, and SpaceXAI launches a new model aimed at capturing finance and […]
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 […]
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