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Armenia Advances Digital ID Scheme as Part of Open Data Vision

Open Banking Excellence

This is just one example of how we are working to make Armenian citizens lives easier by digitising government services. Our vision is that open and quality data is a national wealth and we consider it a national duty to deliver streamlined, personalised and proactive digital government services by default.

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New Facial Recognition Policy Signed Into Law In Washington State

PYMNTS

Washington State Governor Jay Inslee signed a bill on Tuesday (March 31) establishing specific rules – backed by Microsoft – governing facial recognition software, according to a blog by Bill Smith, president of Microsoft. In our view, this required a legal floor of responsibility, governed by the rule of law,” Smith said.

Laws 121
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UK government takes aim at late payments laws

Finextra

A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.

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Earned wage access: Following states that have passed laws, or have legislation pending

Payments Dive

States began passing laws friendly to the industry in 2023 and have continued to pursue them this year, even after the federal government weighed in with a stricter standard.

Laws 108
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Illinois should abandon interchange law

Payments Dive

“Illinois has made a hasty decision that, if implemented, would have government change our payments system that functions so well that we barely notice it,” writes a trade group CEO.

Laws 88
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Enhanced Transparency: FRC’s Overhaul of UK Corporate Governance Code

The Fintech Times

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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Over 2,000 Copycat Banking Sites Reported in 2023; Which? Urges Government to Act

The Fintech Times

is calling for new laws to force domain registrars to do more to prevent scam banking ‘copycat’ websites appearing in the first place; after it revealed that over 2,000 of these suspected sites were reported in 2023. The UK government is currently consulting on new powers to seize domains used for criminal purposes.