New OCC component focuses on fintech.
Treasury Department’s Office of the Comptroller of the Currency is standing up a new Office of Financial Technology to better understand how financial technology in an evolving banking industry. The OCC charters and regulates national banks and savings associations. Read more
NIST’s coming digital ID update includes biometric standards proofing.
NIST’s forthcoming digital ID update, its first in five years, includes biometric standards proofing. NIST officials are providing guidance on issues relating to equity in facial ID technology, since such technologies are not always as accurate in identification of people of color. The digital ID update also will include information on non-facial recognition biometric technologoes. Read more
Quantum Space gearing up for first operational mission to cislunar space.
Quantum Space’s first operational mission to cislunar space will launch in October 2024 with partners GEOST, LLC and Blue Canyon Technologies. The mission will be the first step in creating a superhighway between Earth and the moon and will deploy commercial capabilities that enable spacecraft to operate in and travel through cislunar space and beyond. Read more