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ID2020: What’s Needed For Digital Identity In 2020

PYMNTS

Who we are, where we’re headed and what this all looks like on the “other side” of the pandemic are topics on everyone’s mind right now. For the government, IDs can be a way to make sure individuals get the services they need, such as medical care and vaccines. So are vaccines. So is online shopping, with urgency.

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The Rapid Rise Of Social Credit Scores 

PYMNTS

Since roughly 2014, the Chinese government has been working on the system, which is designed to be a “method to perfect the socialist market economy system, accelerating and innovating social governance,” according to a State Council notice from 2014. All in, individuals were blocked from buying tickets 17.5 million on enterprises.

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AI Governance: A Critical Component of Corporate ESG Initiatives

FICO

AI Governance: A Critical Component of Corporate ESG Initiatives. I spoke about governance, the ‘G’ in corporate environmental, social and governance (ESG) programs. Scott: There are lots of Board-level conversations about ESG, a topic of critical importance. Why is AI governance a Board-level conversation?

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Trade groups take aim at CFPB’s expansion of UDAAP authority

CFPB Monitor

Four leading trade groups are calling on the CFPB to rescind the recent updates to the UDAAP section of its Supervision and Examination Manual that instruct examiners to consider discrimination in connection with non-credit products and services as an unfair act or practice. Chamber of Commerce. That authority has never included discrimination.

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Singapore Eyes ‘Bringing Together’ Banks And FinTech Firms

PYMNTS

The initiative, as noted by Managing Director Ravi Menon of the Monetary Authority of Singapore (MAS), “is to bring the banks and cryptocurrency FinTech startups together to see if there is some understanding they can reach,” he told the publication, adding that there exists a hurdle between those camps.

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Five Things BSA Officers Need to Know in COVID-19

Abrigo

Imposter scams involve someone pretending to be a government agent or representative, trying to sell a fake vaccine or COVID-19 test to the victim. You have higher levels of anxiety and an opportunity to manipulate people into picking up the phone or answering an email when they normally wouldn’t,” said Dominitz.

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Real-Time Payments, Venmo And SCA Delay Top Week’s News

PYMNTS

I’m from the government and I’m here to make sure you get your paychecks faster – even instantly – if you can just hang in there until about 2024.” Karen Webster digs into the topic. Why FedNow Will Slow Real-Time Payments. Venmo Offers Instant Transfer to Bank Accounts. Wells Fargo Taps Former Mastercard Exec To Run Merchant Services.

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