A striking convergence is emerging between two of the world’s most influential artificial intelligence (AI) regulatory regimes. Although developed independently and under different legal frameworks, the European Union’s AI Act and California’s AI Transparency Act are arriving at a similar conclusion: organizations must move beyond...
The European Union’s landmark AI Act entered a new phase on Sunday (Aug. 2) as the regulation’s transparency provisions became enforceable. With that step, the compliance burden shifts from artificial intelligence (AI) developers alone to banks, insurers, payments companies and other financial institutions deploying customer-facing...
Germany’s financial regulator wants to pay closer attention to the banking sector’s artificial intelligence (AI) use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Regulators are moving from talk to testing when it comes to artificial intelligence in financial services. Across Europe, the United Kingdom and the United States, authorities are shifting from high-level AI principles to operational proof. Get the Full Story Complete the form to unlock this...
March 03, 2026
Regulators are moving from talk to testing when it comes to artificial intelligence in financial services. Across Europe, the United Kingdom and the United States, authorities are shifting from high-level AI principles to operational proof. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]
October 02, 2024
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled...
August 13, 2024
The Consumer Financial Protection Bureau (CFPB) has staked out a clear position on using artificial intelligence (AI) in financial services: There are no exceptions to existing consumer protection laws for...
November 09, 2023
The perfect artificial intelligence (AI) regulation should ensure the technology doesn’t turn on its creators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
August 11, 2026
Anthropic has begun labeling its models’ content as AI-generated to comply with new European Union regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]
July 29, 2026
Germany’s financial regulator wants to pay closer attention to the banking sector’s artificial intelligence (AI) use. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
July 04, 2025
The European Commission said Friday (July 4) that it will not delay the rollout of the European Union’s Artificial Intelligence Act, despite calls from some tech companies that it do...
July 03, 2025
The European Commission reportedly delayed the release of a code meant to help companies comply with the European Union’s Artificial Intelligence Act. Get the Full Story Complete the form to...
