Insights Archive

March 13, 2024

Chinese Regulators Demand Improved Payment Services For Foreigners

A number of Chinese regulators have launched a new campaign to “optimise” payment services for foreigners in China, with Alipay being one of the first local firms to respond.

March 13, 2024

India To Ban Exclusive Credit Card Issuer-Network Deals, Targeting Visa, Mastercard

The Reserve Bank of India has made a “bold” move to reduce the dominance of Visa and Mastercard, by introducing a ban on exclusive deals between issuers and networks.

March 13, 2024

PSPs To Get More Time To Investigate Fraudulent Transactions, UK Government Confirms

The UK's treasury minister has said that payment service providers will be allowed more time to investigate potentially fraudulent transactions to rein in authorised push payment (APP) scams.

March 13, 2024

Daily Dash: EU Parliament Gives Backing To New Sanctions Violations Rules

The European Parliament has adopted a new law that clarifies definitions for sanctions violations, and Australia’s Commonwealth Bank has entered a Gen AI partnership with Microsoft.

March 13, 2024

Do Have A Cow, Says UK Ad Regulator

Realistic cows and a footballer known as “The Beast” have received differing verdicts from the UK’s advertising regulator.

March 12, 2024

FanDuel To Take Over Washington, D.C. Sports Betting

The DC Lottery has announced that FanDuel will take over the district’s beleaguered mobile sports-betting application this spring as a subcontractor of lottery vendor Intralot.

March 12, 2024

Virginia General Assembly Adjourns After Passing New Gaming Bills

The Virginia General Assembly wrapped up its 60-day session on Saturday after passing several gaming-related measures, including bills that allow data centers in the state to host lottery games and removing Richmond as an eligible casino host city.

March 12, 2024

Danish Online Trade Association Challenges Bank's Advertising Ban Plea

Calls for a complete advertising ban in Denmark are being challenged by a local trade association, as the government prepares to consider new restrictions.

March 12, 2024

'They Don't Know What Is Coming': DORA To Hit Crypto Firms Hard

The EU’s Digital Operational Resilience Act (DORA) is front of mind for financial entities and regulators alike, and challenging for crypto-asset service providers in particular.

March 12, 2024

UK Wants 'To Lead International Response On Fraud' With New Summit

Representatives of key economies such as the UK, US and EU have come together for an inaugural conference to tackle fraud problems.

March 12, 2024

Daily Dash: Nigeria Seeks To Drive CBDC Adoption In New Partnership With Gluwa

Nigeria’s central bank has welcomed a new official partner agent to kickstart lending using the eNaira, and SafePal has launched a new fiat and crypto Visa card that offers all cardholders a Swiss bank account.

March 12, 2024

AUSTRAC Ramping Cooperation With Gambling Industry

Australia's once-inscrutable financial transactions regulator AUSTRAC has revealed a comprehensive and collaborative strategy to hold gambling entities accountable for anti-money laundering responsibilities, while promising “targeted checks” across most industry segments.

March 12, 2024

Dutch Regulator Names New Boss, Gives Football Ad Red Card

The Netherlands Gambling Authority (KSA) has announced its new president, as it clarifies tough rules around the country’s partial advertising ban.

March 11, 2024

Chile's Senate Begins Debate On Online Gambling

A high-stakes lobbying battle has resumed as Chile’s online gambling bill begins its shuffle through the Senate, after taking more than a year to pass through the Chamber of Deputies.

March 11, 2024

Digital Technology Leaves U.S. Gaming Industry Vulnerable To Cyberattacks

In an era where the U.S. gaming industry is embracing digital technology, lawyers and regulators warn of more sophisticated cyberattacks being conducted against commercial and tribal casino operations.

March 11, 2024

'Structural Issues' Hamper English Gambling Treatment Services

The UK’s Department of Health and Social Care has said gambling treatment services in England are improving, but warned structural issues mean many recommended changes will require increased strategic focus and resource allocation.

March 11, 2024

Couriers Continuing To Fill U.S. iLottery Void

Lottery courier businesses should continue to see rapid growth amid the languid rollout of state lotteries’ own digital operations, according to the CEOs of two leading U.S. courier services.

March 11, 2024

Daily Dash: Amex Partner Hit By Data Breach In US, Filing Reveals

American Express has reported a major breach at one of its third-party providers in the US, and the UK’s NatWest bank has confirmed that it will abandon its buy now, pay later service.

March 11, 2024

UK 'National Payments Vision' Coming Soon, Government Confirms

HM Treasury has announced that it will publish a UK National Payments Vision “as soon as possible” in 2024, as per the recommendation of the Future of Payments Review.

March 11, 2024

Hong Kong Advances Wholesale, Retail CBDC Projects

The Hong Kong Monetary Authority has launched a new wholesale central bank digital currency (wCBDC) pilot to support the development of the tokenisation market as part of its broader digital currency push.

March 11, 2024

MEP Raises Concerns About UK GDPR Replacement Ahead Of Adequacy Review

Dutch lawmaker Paul Tang has asked the European Commission for its views on the UK’s Data Protection and Digital Information Bill, with the UK’s adequacy up for scrutiny in 2025.