Insights Archive

April 11, 2024

Dutch Regulator Issues Warning Over BNPL Misuse

Hundreds of thousands of buy now, pay later (BNPL) transactions could have been carried out by children, while younger adults risk falling behind on payment terms, according to the Dutch Authority for Financial Markets.

April 11, 2024

Daily Dash: CHIPS Network Successfully Migrates To ISO 20022

The largest US dollar clearing and settlement system for international payments has gone live with ISO 20022, while Spain has opened a new consultation on digitalisation of the financial sector.

April 11, 2024

Brazil Releases Revised Regulatory Timeline

Brazil’s government has committed to a new implementation timeline for online betting that will see a licensing decree published as soon as this month, but critical policy questions on online casino games and other areas potentially unanswered until the middle of the year.

April 11, 2024

NBA Commissioner Hints At Potential Sports-Betting Rule Changes

National Basketball Association (NBA) commissioner Adam Silver said Wednesday that the league and its partners may have to revisit their rules governing sports betting amid increased scrutiny and more reported incidents of player harassment.

April 10, 2024

Alabama Gaming Bills Set For Conference Committee

Gaming legislation in Alabama is set to head to what could be a contentious conference committee after vastly different bills were approved by the state’s two legislative chambers.

April 10, 2024

Virginia Governor Proposes Stricter Regulations On Skill-Game Industry

Republican Governor Glenn Youngkin has amended a bill that regulates and taxes skill games in Virginia, adding stricter regulations than the measure the General Assembly approved prior to adjourning last month.

April 10, 2024

German Court Set To Rule On Betting Reimbursements

Germany’s Federal Court of Justice is preparing to rule on a case of a gambler seeking a refund for losing sports bets made before legalisation, and its press release suggests it may plan to favour the player.

April 10, 2024

Brazil's Executive Held 78 Meetings About Sports Betting

Brazilian transparency non-profit Fiquem Sabendo has released data on the meetings held over the past two years with the government regarding online gambling.

April 10, 2024

Dutch Banks Reject Call To Help Gambling Firms

Dutch banks have said it is not their job to protect gambling consumers, amid calls for them to do more on responsible gambling and the black market.

April 10, 2024

Ireland Postpones Discussion On Gambling Regulation Bill

Discussions on Ireland's Gambling Regulation Bill have been delayed as the Dáil Éireann, the country’s legislative lower house, selected a new Taoiseach on Monday.

April 10, 2024

Alipay+ Makes Inroads In Japan With 2m Merchants Connected

Ant Financial says it has connected 2m merchants in Japan to the Alipay+ network, as the service continues to expand despite the country’s largely cash-based economy.

April 10, 2024

New Payments Ecosystem Standard Enters Into Force

A new global standard for payment brands known as PCI DSS v4 came into force last week, putting firms at risk of fines or the termination of agreements with leading payment brands and merchant acquirers if they fail to comply with it.

April 10, 2024

Dutch Banks Reject Call To Help Gambling Firms

Dutch banks have said it is not their job to protect gambling consumers, amid calls for them to do more on responsible gambling and the black market.

April 10, 2024

Daily Dash: Paytm Payments Bank CEO Resigns Amid Compliance Issues

The CEO of Paytm’s banking arm has quit the company following a forced shutdown of the bank, while Mastercard has entered a new cybersecurity partnership with the Singapore central bank.

April 9, 2024

UK Gambling Commission Highlights Key Areas For Regulatory Improvement

The UK Gambling Commission has outlined the five areas where it believes improvements to regulation can have the biggest impact over the next three years in its latest corporate strategy update.

April 9, 2024

EU Sustainability Compliance Explosion Looms For Global Gambling

The European Union is set to unleash a massive new compliance burden on hundreds of gambling companies worldwide, requiring them to report publicly on their climate impact, diversity, responsible gambling practices and much more.

April 9, 2024

Amazon Denies 'Ditching' Just Walk Out Technology

Amazon has denied reports that it plans to “ditch” Just Walk Out, saying that it will continue to deploy its autonomous checkout technology in certain US and UK stores, while transitioning to another system in large US supermarkets.

April 9, 2024

Bank Of Lithuania Fines Flywire, Secure Nordic Payments For Regulatory Shortcomings

Payment institution Flywire and e-money institution Secure Nordic Payments, which operates as Mistertango, have been fined by Lithuania’s financial services authority over regulatory shortcomings.

April 9, 2024

Daily Dash: UK's Confirmation Of Payee Hits 2bn Checks

Confirmation of Payee has hit a new milestone in the UK’s fight against fraud, and Worldline and Crédit Agricole have given a name to their newly formed joint venture.

April 9, 2024

Hong Kong Bourse Warns Lead Manila IR Investor To Regain Compliance

The Hong Kong Stock Exchange has ordered the controlling interest of Manila’s next integrated resort to regain compliance with bourse rules or be delisted, with disciplinary action possible against its surviving director.

April 9, 2024

Bill Seeks To Overturn Minnesota Racing Commission's Historical Horseracing Decision

Decisions by the Minnesota Racing Commission to allow historical horseracing machines and electronic table games at the state’s two racetracks have garnered strong opposition from members of the state legislature who believe both rulemakings violate state gaming laws.