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Fiserv rises on international, government sales

Payments Dive

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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FTC warns of cash losses to government impostors

Payments Dive

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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UK government announces open finance task force

Finextra

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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Why payments to government agencies should be easier

Payments Dive

“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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The FRC’s Corporate Governance Review: What You Need to Know

FloQast

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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MPs warn against mass government surveillance of bank accounts

Finextra

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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Industry Reacts as UK Government Commits Over £100Million To AI Advancement

The Fintech Times

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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