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BNPL and AI placed in EU/US international regulatory spotlight

BNPL and AI placed in EU/US international regulatory spotlight

EU and US officials have begun informal discussions around consumer financial protection issues. The talks have evaluated key developments in payments and financial services,...

Europe’s banks up AI funding to match North American dominance

European banks are targeting an enhanced standing in Artificial Intelligence (AI) development and adoption according to investment figures.  According to data from Evident, an AI...

Google, Meta and OpenAI sign letter urging participation in AI development

An open letter signed by a range of big and small tech companies has committed to responsible development of Artificial Intelligence (AI) at a...

Mastercard enhances Decision Intelligence tool in latest AI move

Mastercard has stepped up its use of AI as a fraud detection and prevention tool, in a move indicative of the increasing adoption of...

UK Labour Party goes all in on AI and Open Banking...

A UK general election is looming this year, and the opposition Labour Party has placed Open Banking and AI at the forefront of its...

UK fintech urges MPs to seize the AI opportunity

British MPs have been urged to recognise the ‘game-changing’ benefits artificial intelligence (AI) can bring to the country’s finance sectors by a group of...

Riccardo Tordera, Payments Association: UK is ‘open for business’ on AI...

Last month, the UK hosted the global AI Summit to decide how the world should approach the technology. We spoke to Riccardo Tordera, Head...

Universal Partners, Mark Hewlett – A deep dive into sustainable cross-border...

As the global economy becomes increasingly intertwined, cross-border payments are now the key integration for any business looking to tap into that growing stream...

ChatGPT customisation advances praised as ‘example of innovation’ 

OpenAI announcing significant enhancements to ChatGPT represent ‘a great example of the exciting possibilities and innovation that come with new technology’, according to Alon...

Did the King’s Speech miss a key opportunity on AI regulation? 

There were a plethora of newsworthy talking points following yesterday’s King's Speech, however a lack of focus on any AI-specific legislations drew criticism from...

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