Remove Economy Remove Governance Remove Government
article thumbnail

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%

article thumbnail

MENA Governments are Successfully Facilitating Rapid Growth of Digital Payments, Says Checkout.com

The Fintech Times

“As governments in the region implement forward-thinking policies, the interplay between regulation and businesses becomes increasingly vital. The post MENA Governments are Successfully Facilitating Rapid Growth of Digital Payments, Says Checkout.com appeared first on The Fintech Times.

article thumbnail

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.

article thumbnail

All Eyes on Autumn Budget as First-Time Buyers Call for Enhanced Support From UK Government

The Fintech Times

First-time buyers (FTBs) in the UK are calling out for more support from the government to help them achieve their home-buying goals this year, according to research by investment platform Moneybox. A further 23 per cent have also called to reduce or remove the government’s unauthorised withdrawal penalty on LISA.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.