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Government Related Topics 
Fintech News
AUGUST 21, 2024
This initiative aims to streamline government disbursements to businesses, enhancing governance and efficiency while offering a better user experience. It also provides businesses faster access to government cash payouts.
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Finextra
OCTOBER 8, 2024
The industry group for Australia's startup sector, Fintech Australia, has given its support for the government's proposals to implement scam obligations for financial services firms.
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Payments Dive
APRIL 23, 2024
The processing and payments technology giant is increasingly selling its services abroad, but also benefiting lately from sales to government entities at home.
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Finextra
APRIL 15, 2024
Bim Ofolami, UK government Economic Secretary to the Treasury, has announced the formation of an open finance task force during a speech at ifgs 2024.
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Payments Dive
JUNE 20, 2024
The median loss paid in cash to government impersonation scammers in the first quarter was $14,740, far above the $1,000 median for all payment types.
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Finextra
SEPTEMBER 11, 2024
The UK's new Labour government is introducing a bill that will ensure that Bitcoin and other digital assets can be considered personal property, boosting legal protection for owners.
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Fintech News
SEPTEMBER 3, 2024
Thailand’s Prime Minister Paetongtarn Shinawatra announced that a portion of the government’s 450 billion baht (US$13.1 The government has delayed the programme due to funding concerns but insists it will adhere to fiscal discipline when implemented in the final quarter of the year.
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Finextra
OCTOBER 17, 2024
The UK Government is pressing ahead with new rules designed to protect online shoppers using buy now, pay later products.
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Finextra
SEPTEMBER 20, 2024
A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.
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Payments Dive
OCTOBER 23, 2023
“Increasingly, government agencies — and the people they serve — need a payments system that is connected across departments and jurisdictions,” writes one payments executive.
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Finextra
SEPTEMBER 11, 2024
The new Labour Government says it remains committed to taking forward the Private Intermittent Securities and Capital Exchange System (Pisces), a bespoke regulated market for private company shares.
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The Fintech Times
JULY 17, 2024
The Saudi Central Bank (SAMA) has introduced Naqd – a government banking services platform – to provide government agencies with a secure and efficient platform for managing financial transactions. The post SAMA Introduces Naqd to Digitise Government Financial Transactions appeared first on The Fintech Times.
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Finextra
JULY 17, 2024
The Saudi Central Bank (SAMA) has launched “Naqd,” a government banking services platform that provides easy access for government entities to their accounts at SAMA to conduct financial transactions through a secure digital platform.
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Finextra
SEPTEMBER 27, 2024
The UK’s Labour government has announced the Fraud, Error, and Debt Bill to tackle fraud by requiring financial institutions to share data that indicate potential benefit overpayments.
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The Payments Association
OCTOBER 31, 2023
The UK government has taken a significant step towards clarifying its stance on the regulation of cryptoassets, digital settlement asset firms, and fiat-backed stablecoins by publishing key documents outlining their responses to recent consultations. Read more
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The Fintech Times
FEBRUARY 7, 2024
The UK government has set over £100million aside for researching and developing Artificial Intelligence (AI) technology, and to support regulation in the space. The government has also pledged £10million to prepare and upskill regulators to address and make the most of the opportunities presented by AI.
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The Fintech Times
DECEMBER 21, 2023
Digital payments company Visa has teamed up with TECH5, a biometrics and digital identity management company, to focus on the development and enhancement of digital government ecosystems on a global scale. ” The post Visa and TECH5 Team Up to Advance Global Digital Government Ecosystems appeared first on The Fintech Times. .
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The Fintech Times
SEPTEMBER 14, 2024
The European Data Governance Act (DGA), introduced in September 2023, establishes data intermediaries to create a regulatory framework that encourages trust in data sharing across the region. Since reading some of the first recitals of the Data Governance Act, we’ve made a conscious strategic decision to being a licensed data intermediary.
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Finextra
MAY 13, 2024
A group of UK MPs has tabled a parliamentary motion calling on the government to remove powers in a new bill that they say would result in the mass surveillance tens of millions of people's bank accounts.
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Finextra
SEPTEMBER 19, 2024
The Government and FCA announce plans to reform UK retail disclosure rules, and will temporarily exempt investment trusts from assimilated EU law requirements.
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The Fintech Times
JANUARY 28, 2024
Cyber threats should be prioritised as a key business risk like financial and legal challenges, the UK government has urged as it releases new guidelines to help directors and business leaders boost their cyber resilience. Time to introduce cyber risk ratings?
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Finextra
AUGUST 27, 2024
In a move to help reduce scam losses and make Australia a harder place for scammers to operate, Westpac is extending its payee verification solution to institutional and government clients.
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FloQast
JANUARY 17, 2024
In May 2023, the Financial Reporting Council (FRC) published its consultation on the UK’s Corporate Governance Code. While the government has since delayed some Corporate Governance Code reforms, including the introduction of ARGA, the FRC has signalled its commitment to moving forward with other key proposals from the consultation.
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The Fintech Times
SEPTEMBER 4, 2024
Starting with a base of observability, security and governance allows organisations to adopt AI quickly, without opening them up to vulnerabilities. “Our report highlights the need for infrastructure underneath AI applications that provides strong governance while enhancing AI performance.”
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Fintech Finance
JANUARY 9, 2024
a world leader in digital payments and TECH5 , an innovator in the field of biometrics and digital identity management, have signed a strategic collaboration agreement focusing on the development and enhancement of digital government ecosystems on a global scale. Visa Inc., We are thrilled to embark on this strategic collaboration with TECH5.
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Neopay
APRIL 25, 2024
Bim Ofolami, UK government Economic Secretary to the Treasury, has announced the formation of an open finance task force during a speech at ifgs 2024. He said “Government can only do so much. Source : Finextra The post UK government announces open finance task force appeared first on Neopay.
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Core
MARCH 19, 2024
City and county government institutions bear the responsibility of careful management—and protection—of public funds. Still, payment fraud is a concern in every sector, and the stakes for government organizations are especially high. The solution: robust government fraud detection mechanisms for payment systems.
Core
SEPTEMBER 15, 2023
Modernization allows governments to stay in tune with the evolving expectations of their citizens, who increasingly expect convenient and efficient payment options. Utility payments, reservations, and application fees are key areas where kiosk payments are crucial in modernizing government service payments.
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Finextra
MAY 31, 2024
The British government has sold £1.24 billion of its shares in NatWest Group, cutting its stake from 26% down to 22.5% in share sale.
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Axway
JULY 4, 2023
This blog looks at key requirements of an API governance framework and some of the approaches companies have successfully used to strike a balance. The challenge How do you provide the security and governance that your enterprise demands, with the …
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The Fintech Times
JANUARY 22, 2024
UK businesses will need to meet new standards following the Financial Reporting Council (FRC)’ s “small but important” revisions to the UK Corporate Governance Code. The post Enhanced Transparency: FRC’s Overhaul of UK Corporate Governance Code appeared first on The Fintech Times.
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The Paypers
AUGUST 13, 2024
The Australian Government has initiated a significant revision of the Consumer Data Right programme, citing high implementation costs as a key barrier to its widespread adoption.
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Payments Source
FEBRUARY 26, 2021
should overhaul its stock listing rules and visa requirements to help the country’s fast-growing fintech industry compete after Brexit, a government-backed review has found.
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The Fintech Times
FEBRUARY 23, 2024
Wise is spearheading a campaign urging the government to abolish this opt-out and implement tighter regulations to eradicate hidden fees, thereby fostering a more competitive environment and facilitating SMB growth nationwide. . This needs to end now, and the Government can do so without costing the taxpayer a penny.
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Finextra
MAY 30, 2024
The next UK government should introduce a bill that forces technology, social media and telecoms firms to contribute £40 million a year to fight fraud and scams, says UK Finance.
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The Fintech Times
JUNE 26, 2024
By contrast, 18-34 year olds are more than twice as likely as over 55s to hold the government (25 per cent vs 12 per cent) responsible. Recent years have seen numerous government financial support packages in the UK. The post Who is Responsible for Preventing a Debt Spiral: You or the Government?
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The Fintech Times
APRIL 8, 2024
Here, Sinead McHale , CEO of Satago , the cloud-based cash flow management and invoice finance solution, discusses whether the government’s stance on late payments goes far enough for SMEs. How is the government currently supporting SMEs? The post Support for SMEs: Has the Government Gone Far Enough?
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Fintech Finance
MARCH 13, 2024
These include central government departments and wider public sector bodies, such as local authorities, education institutions, not-for-profit and charitable organisations. The post GoCardless Becomes an Approved Open Banking Supplier to Central and Local Government appeared first on Fintech Finance.
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Core
APRIL 10, 2024
For more than 30 years, CORE has prioritized the government agency experience for payment processing and the citizen experience. As part of that mission, CORE seeks out partnerships that help ease the government agency purchasing process. Sourcewell—a self-sustaining government service cooperative—is one of those partners.
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The Paypers
JUNE 10, 2024
Entrust has launched Citizen Identity Orchestration to help governments enhance public services through secure digital identities, improving service delivery and trust.
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The Fintech Times
MARCH 14, 2024
These include central government departments and wider public sector bodies, such as local authorities, education institutions, not-for-profit and charitable organisations. The post GoCardless Becomes Latest Firm Named as Open Banking Supplier on Government Framework appeared first on The Fintech Times.
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The Fintech Times
FEBRUARY 11, 2024
The Hong Kong government has reaffirmed its dedication to fostering fintech innovation following the issuance of approximately HK$6billion worth of digital green bonds. This is the second digital bond issuance, following the government’s first tokenised green bond issued in February 2023.
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The Fintech Times
JUNE 21, 2024
As a result, the incoming government must review the pensions and retirement savings system to instil more confidence. Younger savers were the most optimistic (68 per cent) about a new government, whereas those aged 65+ were the least (40 per cent) likely to express this sentiment.
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Fi911
JANUARY 4, 2024
What Laws Govern Chargebacks in the US? The development of the chargeback system was initially a response to policies set by the US federal government. The post Chargeback Rules: What Laws & Regulations Govern the Dispute Process? appeared first on fi911blog.
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