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News about Treasury
  • Govt gives Open Banking regime the go ahead

    ​Consumers will be granted new rights over their banking data from July next year, with the government this week announcing it would implement the recommendations of the Review into Open Banking.

  • IRS cut its cybersecurity staff by 11% over four years

    The Internal Revenue Service, which disclosed this week the breach of 100,000 taxpayer accounts, has been steadily reducing the size of its internal cybersecurity staff as it increases its security spending. This may seem paradoxical, but one observer suggested it could signal a shift to outsourcing.

  • H-1B employees crowd out other workers, says study

    The battle over the H-1B visa is mostly a battle of brute political muscle on Capitol Hill, coupled with campaign spending. But in the quieter academic sphere, the visa is a topic of ongoing research, and a new paper by three economists is challenging some of the <a href="http://www.computerworld.com/article/2899350/the-h-1b-visa-debate-pain-and-the-politics.html">assertions made by the tech industry</a> that H-1B workers deliver economic gains.