The Treasury Department announced Thursday that its efforts in taking a technology and data-driven approach to fraud and improper payment prevention saved more than $4 billion in fiscal year (FY) 2023, including recovering $1 billion by leveraging AI. […]

The Treasury Department’s announcement today of a new round of economic sanctions on Russian businesses and individuals includes notable numbers of new sanctions falling on companies operating in the Russian tech sector. […]

Top IT experts at the Departments of Treasury and Veterans Affairs (VA) said that the Cybersecurity and Infrastructure Security Agency’s (CISA) Joint Cyber Defense Collaborative (JCDC) program holds a lot of promise, but is “still in its infancy” with program kinks to be worked out. […]

Cloud services can help financial institutions become more resilient and secure, but a recent report from the Treasury Department found that there are some challenges that can take away from these benefits. […]

Officials with the Treasury Department’s Bureau of the Fiscal Service (BFS) and the Agriculture Department’s Research, Education, and Economics (REE) organization explained this week how their agencies are focusing on making government data more accessible to the public. […]

The Office of the Comptroller of the Currency (OCC) announced on Oct. 27 that it will establish an Office of Financial Technology early in 2023. […]

The Treasury Department’s Federal Insurance Office (FIO) is looking for feedback through a request for information (RFI) on whether or not the Federal government should offer insurance for “catastrophic” cyber incidents. […]

Amid the rapid growth of the digital currency marketplace, the Treasury Department’s Financial Stability Oversight Council warned in a new report that cryptocurrencies could “pose risks” to the stability of the U.S. economy – especially in the event of lax government oversight. […]

The Treasury Department has appointed Christopher Adams as the agency’s chief information security officer (CISO), according to Adams’ LinkedIn page. […]

The Treasury Department sanctioned cryptocurrency mixer Tornado Cash on August 8, saying the service has been used to launder over $7 billion worth of virtual currency. […]

The Department of the Treasury’s Federal Insurance Office (FIO) published a request for comment today on the Federal Register to help inform a report on the effectiveness of the Terrorism Risk Insurance Program (TRIP) and how to improve the cyber insurance market. […]

Over the last year, the Federal government has allocated billions in funding to help close the digital divide nationwide. Multiple Federal entities, including the Treasury Department and the National Telecommunications and Information Administration (NTIA), have been tasked with overseeing the allocation of Federal funds. […]

The Treasury Department released a new report that found ransomware victims paid $590 million during the first six months of 2021, which is more than the value reported for the entirety of 2020 ($416 million). […]

The Treasury Department’s Bureau of the Fiscal Service released a playbook that’s helping government agencies to automate their business through technology solutions. […]

The Treasury Department has issued another update in its search for a vendor for the department’s TCloud enterprise cloud contract. […]

The Treasury Department’s Bureau of Engraving and Printing (BEP) employees have a new fashion accessory to wear to work – a contact-tracing device that utilizes 4G cellular data with the Amazon Web Services (AWS) cloud to mitigate the spread of COVID-19. […]

The Treasury Department is proposing a new rule that would make definitional changes to incorporate cyber coverage guidance in Terrorism Risk Insurance Program (TRIP) regulations. […]

The Treasury Department is asking organizations not to pay off malicious actors to terminate ransomware attacks without carefully considering possible national security threats – and said it may implement penalties for organizations that choose to pay ransom to their attackers. […]

The Government Accountability Office (GAO) is recommending that the Treasury Department take steps – in coordination with the Department of Homeland Security and others – to better track and prioritize cyber risk mitigation efforts across the financial services sector. […]

The Treasury Department’s Bureau of the Fiscal Service is seeking a third-party provider for data center colocation services, per a July 23 request for information (RFI). […]

The General Services Administration (GSA) and the Treasury Department have been formally designated as civilian human resources transaction services and financial management services Quality Service Management Offices (QSMOs), respectively, per a June 29 Office of Management and Budget (OMB) press release. […]

The Government Accountability Office issued two reports on March 31 calling for improved information controls at the Treasury Department’s Bureau of the Fiscal Service, and said the Bureau has not completed corrective actions on many of the problems that GAO found in its prior-year audit. […]

Despite some progress on its enterprise wide cloud strategy, the Internal Revenue Service (IRS) struggles with legacy IT that prevents it from collecting billions in tax revenue, according to the Treasury Department Inspector General (IG). […]

While business owners told members of the House Small Business Committee at a March 4 hearing how they use blockchain in their operations, a question from the committee’s chairwoman led to talk of bigger operations that could benefit from blockchain ­– state governments. […]

Treasury Department contact centers are spending 80,000 hours each year on calls that should not have required human interaction, according to Management and Program Analyst Jennifer Hill, but now the agency is using employee and citizen feedback to find emerging tech that can fix that. […]

The Treasury Department is looking to test and adopt Robotic Process Automation (RPA) technologies to help enable its employees to do “higher-value” work, according to Treasury’s Acting Senior Procurement Executive Harrison Smith. […]

Although the Trump administration’s FY2020 budget proposal details a plan to broadly modernize the government, the fine lines in each department’s proposed funding show that the White House is more specifically geared toward researching and developing artificial intelligence (AI), cybersecurity, IT systems, and technological infrastructure. […]

The Government Accountability Office (GAO) released a report today finding that three-quarters of major Federal agencies maintain incomplete, untimely, inaccurate, or poor-quality spending data, and that around half of them are not even implementing required data standards in the first place. […]

Welcome to MeriTalk News Briefs, where we bring you all the day’s action that didn’t quite make the headlines. No need to shout about ‘em, but we do feel that they merit talk. […]

The Federal government is finding new ways to make Federal spending data more transparent to citizens by launching the Treasury Department’s Data Lab, and considering a bill that would add open data requirements to Federal grants. […]