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Bank of England Welcomes Government Plan to Drive UK Payments Innovation

Bank of England Welcomes Government Plan to Drive UK Payments Innovation
Bank of England Welcomes Government Plan to Drive UK Payments Innovation
August 26, 2026  |  Payments Innovation

The British Treasury plans to give the Bank of England a new “secondary objective” to support innovation in payments technology and digital currencies, including stablecoins,...

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FIFA World Cup Adds $3.5 Billion to New York and New Jersey Economies
FIFA World Cup Adds $3.5 Billion to New York and New Jersey Economies
August 26, 2026  |  Economy

The FIFA World Cup 2026 generated $3.5 billion in total economic impact across New York and New Jersey, New York Gov. Kathy Hochul said in...

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Nvidia Says AI Agents Are Draining Its Chip Supply
Nvidia Says AI Agents Are Draining Its Chip Supply
August 26, 2026  |  Artificial Intelligence

Artificial intelligence has moved past the hype stage, according to Nvidia CEO Jensen Huang, who said on the company’s second-quarter earnings call that “AI has...

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Google Shifts AI Safety Unit Out of DeepMind Lab to Global Affairs
Google Shifts AI Safety Unit Out of DeepMind Lab to Global Affairs
August 26, 2026  |  Google

Google is moving its “AI responsibility” unit out of Google DeepMind and into Google’s global affairs organization, the Wall Street Journal reported Wednesday (Aug. 26), citing an internal email. Get...

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Instinct Nears $2.5 Billion Valuation as AI Assistants Take Over Daily Chores
Instinct Nears $2.5 Billion Valuation as AI Assistants Take Over Daily Chores
August 26, 2026  |  Artificial Intelligence

Instinct, the developer of an artificial intelligence (AI)-powered assistant that seems to be gaining traction among early adopters, is raising a $250 million Series B...

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Anthropic Escalates Cloud Spending With $45 Billion Nscale Agreement
Anthropic Escalates Cloud Spending With $45 Billion Nscale Agreement
August 26, 2026  |  Artificial Intelligence

Anthropic has agreed to pay $45 billion to rent cloud computing power from neocloud company Nscale’s West Virginia data center, which is set to start...

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Open Finance Exposes the Limits of the Primary Account
Open Finance Exposes the Limits of the Primary Account
August 26, 2026  |  Banking

A primary financial relationship loses some of its value when the provider can see only a fraction of the customer’s money. Get the Full Story...

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X9 Wants Fraud Data to Move as Fast as Money
X9 Wants Fraud Data to Move as Fast as Money
August 26, 2026  |  Fraud Prevention

The U.S. payments industry does not lack fraud data. It lacks agreement about what that data means. Get the Full Story Complete the form to...

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