EU AI Act delay spares credit-scoring AI; Aug 2 duties remain

EU AI Act delay spares credit-scoring AI; Aug…

The EU's Digital Omnibus agreement of May 2026 postpones the AI Act's high-risk regime — including credit-scoring and insurance-pricing systems — to December 2, 2027, but leaves the August 2, 2026 application date alive for…

CFTC

The CFTC on Artificial Intelligence

In a new white paper on artificial intelligence (AI), the Commodities Futures Trading Commission (CFTC) identifies its role in this technology. Of AI, the paper noted, “Approaches to AI have evolved. Early calculating machines gave…

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Fintech Raises $111.8B in 2018, Up By 120…

KPMG has found that global fintech funding rose by 120 percent to $111.8B in 2018 from $50.8B in 2017, mainly driven by mega M&A and buyout deals such as Blackstone's $17B investment in Refinitiv in H2'18 and…

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Dr. Obaid Al Zaabi: The National Day Is…

The National Day of the UAE will always be a source of inspiration and motivation for more hard work; greater productivity, creativity, and happiness; and considerable optimism for all UAE citizens. The National Day of…

CFTC

LabCFTC’s Purpose: Get Out of the Ivory Tower

[caption id="attachment_323617" align="alignleft" width="254"]        [/caption] Though the head of the Commodities Futures Trading Commission’s (CFTC) Fintech office is working with cutting-edge technologies, he said one reason for the creation of the office…