Insights Archive

March 2, 2022

U.S. Sports Betting's Impact On Problem Gambling Rates Unknown

The U.S. has experienced a surge in legal sports betting but at this point nobody knows how this surge is affecting the rates of problem gamblers.

March 2, 2022

Is Norwegian Olympic Success Linked To Support For Gambling Monopoly?

A new Norsk Tipping TV commercial, Born With Skis, portrays Americans gnashing their teeth at Norway’s recent domination of the Winter Olympics and goes some way to explaining the country’s steadfast desire to protect its gambling monopoly.

March 1, 2022

VIXIO View: Interest Rate Rises Could Be A Gift Horse To Buy Now, Pay Later

As countries around the world deal with inflationary pressures, rising interest rates is likely to make zero-interest buy now, pay later (BNPL) instalment products more desirable among consumers, although pressures for more regulation remain.

March 1, 2022

Barclays Pays £10.8m Following Collapse Of Partner Payments Firm

Barclays has agreed to pay £0.78m to settle an investigation by the Financial Conduct Authority after partner payment firm Premier FX collapsed and undertaken to compensate customers for their losses worth £10m.

March 1, 2022

In Or Out? EBA Publishes Final Guidelines On Who’s In PSD2’s Scope

The European Banking Authority (EBA) has published its final guidelines on the limited network exclusion under the revised Payment Services Directive (PSD2), and stakeholders have just over three months to become compliant.

March 1, 2022

Nordics Take Differing Approaches To CBDC Race

After Sweden’s Riksbank took its e-krona act one step further last week, VIXIO spoke with neighbouring central banks about their stance on central bank digital currencies (CBDCs).

March 1, 2022

Revolut Loses Access To Hungary’s Payments System

Raiffeisen’s Hungarian branch has reportedly pulled back from its partnership with Revolut; meanwhile, pressure mounts on the neobank to establish itself in the central European country despite its Lithuanian licence.

March 1, 2022

AUSTRAC Sues Crown Resorts Over 'Hundreds' Of Violations

Australian transactions watchdog AUSTRAC has taken casino operator Crown Resorts to court over “serious and systemic non-compliance” with anti-money laundering (AML) laws, potentially impacting a Blackstone Group takeover bid.

March 1, 2022

Should Gaming Industry License And Regulate Artificial Intelligence?

Artificial intelligence (AI), the use of computer systems to do work normally performed by humans, is evolving from a frontier into an expectation in the gaming industry, but whether AI products should be or can be regulated remains a perplexing question.

March 1, 2022

888 To Pay £9.4m Fine For UK Failings

The UK Gambling Commission has handed 888 its largest ever fine and warned that the operator’s future in the country is at risk if it slips up again.

March 1, 2022

Personnel Moves - February 2022

Board changes at Flutter, Sightline appoints compliance leadership and Hong Kong politician resigns from gambling board.

February 28, 2022

TransUnion Brings BNPL Into Credit File

A new solution launched by TransUnion will help U.S. consumers using buy now, pay later (BNPL) gain credit for their payments and improve their score, while giving businesses the insight to accurately capture consumers’ credit behavior.

February 28, 2022

89 Percent Of IT Organisations Failing On Data Protection, Claims Survey

Given a chain is as strong as its weakest link, data protection strategies for payment firms could come undone due to increasing weaknesses in data storage, a new report finds.

February 28, 2022

Russian Banks Booted Out Of SWIFT

With Russia’s invasion of Ukraine intensifying, Western allies have finally agreed to cut off a number of Russian financial institutions from the interbank payments system.

February 28, 2022

SCA Win? Fraud Rate Dips In France

After increasing year-on-year since 2018, Banque de France has said that there are signs that card fraud in the country is dropping and it is partially thanks to strong customer authentication (SCA).

February 28, 2022

Senate To Seal Fate Of Brazil Gambling Bill

Brazil’s landmark legislation authorizing hundreds of thousands of bingo machines and all forms of online gaming faces an uncertain path through the Senate after its approval in the lower house, according to experts.

February 28, 2022

Copyright Infringement Increasingly Popular Route Into UK Market

The number of gambling adverts appearing on websites in the UK known to be illegally hosting copyrighted content increased by at least 10 percent from 2021 to 2022, an affiliate compliance monitoring company has found.

February 28, 2022

Offshore Ad Row Burns On In Norway

The Norwegian Gambling Authority has piled further pressure on defiant TV network Discovery over offshore gambling adverts, even as stats show unlicensed ads have fallen overall.

February 25, 2022

UK Government Outlines Latest Sanctions For Russia

Following on from Thursday's dramatic turn of events, Prime Minister Boris Johnson has outlined tougher implications for the Russian Federation.

February 25, 2022

Week In Brief - February 25, 2022

A short roundup of some of the week's payments news you may have missed. This week we look at the latest access to cash statistics in the UK, Singapore's decision not to intervene over credit card bank fees, crypto AML requirements in Belgium and the latest assessment of Nigeria's eNaira.

February 25, 2022

Ukraine’s Financial Markets Shiver In Wake Of Russian Attack

Ukraine has announced a number of temporary measures as people are rushing to cash machines to access their savings following Russia’s large-scale invasion of the country.