The rising incidence of IRS tax refund check theft has spurred the House Ways and Means Committee into action, advancing a suite of legislative measures aimed at protecting taxpayers and improving the overall efficiency of the tax system. This bipartisan initiative underscores a collective
An ambitious proposal put forth by the national trade association ABCUL aims to significantly reshape the credit union common bond framework, emphasizing the importance of targeted modifications to sustain and expand the credit union sector in the UK. Recent trends highlight a decline in the number
New Zealand's Inland Revenue Department (IR) is taking a significant step towards modernizing its payment processes by exploring the potential of open banking technologies. On February 10, IR published a request-for-information (RFI) to invite private-sector suppliers to contribute their
Sri Lanka faces a challenging situation as it strives to avoid being placed on the Financial Action Task Force (FATF) grey list, a designation indicating a high risk of money laundering and terrorist financing activities. The urgency of the matter was underscored in a high-stakes meeting involving
The 2025 legislative session in New York State is set to begin on January 8th, and local state representatives are gearing up with plans to address a variety of pressing social and economic issues. With the re-election of Trump adding to the political landscape, New York legislators are tasked with
The fintech landscape in the UK is poised for significant transformation by 2025, driven by advancements in AI, stablecoins, and robust fraud prevention measures. As the country navigates these changes, it aims to maintain its leadership position in the global fintech arena. This article explores
