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Thai Government Adjusts Digital Wallet Handout Plan to Include Cash Payments

Fintech News

Thailand’s Prime Minister Paetongtarn Shinawatra announced that a portion of the government’s 450 billion baht (US$13.1 The digital handout, a central part of the ruling Pheu Thai Party’s election platform, aims to stimulate the Thai economy, which grew by 2.3%

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Smarter Contracts Approved to Drive Data Governance with EU Intermediary Licence

The Fintech Times

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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UK Government Unveils New Cyber Threat Guidelines as 32% of Firms Suffer Attacks in Past Year

The Fintech Times

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. Such a move will significantly contribute to the overall security and resilience of the UK’s digital economy.

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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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Vietnam’s Digital Economy Soars with Tech Adoption and Rising Incomes

Fintech News

Vietnam’s digital economy is rapidly expanding, reaching a value of US$30 billion in 2023 and projected to increase by 20% to hit US$43 billion by 2025. Growth drivers boosting Vietnam’s digital economy Vietnam’s digital transformation is supported by a number of factors.

Economy 114
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Support for SMEs: Has the Government Gone Far Enough?

The Fintech Times

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. Sinead McHale, CEO of Satago SMEs are the backbone of the UK economy, providing local jobs and revenue across all sectors.

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Opt Out: Wise Calls for Government Action to End Hidden Fees Impacting UK SMBs

The Fintech Times

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.