Insights Archive

September 6, 2021

Fed Gauges Businesses’ Payments Policies

The COVID-19 pandemic has caused U.S. businesses to need faster access to funds and they are starting to look strategically at payments, according to a Federal Reserve survey.

September 6, 2021

The Scope Of The Whistleblower Directive

The EU’s new whistleblowing directive will protect whistleblowers at the EU level, but it is up to member states to ensure legislation protects them under national law.

September 6, 2021

India's Karnataka To Ban Online Gaming, Including Skill Products

The government of India's Karnataka state has announced it will ban all online “wagering or betting” following court demands for clarity, but it remains unclear if eventual legislation will target online skill gaming with stakes.

September 6, 2021

European Funds Most Likely To Exclude Gambling, Survey Says

The percentage of investment funds with policies that exclude gambling is highest in Europe and lowest in North America, according to a Morgan Stanley survey of environmental, social and governance issues.

September 3, 2021

Keep Crypto Regs National, Says New EU Poll

Despite the European Commission’s plans to regulate crypto-assets through an EU-wide set of rules, a majority of EU citizens would prefer to see their own national legislation in operation, according to a new poll by Redfield And Wilton Strategies.

September 3, 2021

More Tales From The Compliance Career Market

In this conversation with an executive at a compliance recruitment firm in the City of London, we identify the European countries from which compliance recruitment business drifts in to the UK, the backlog in authorisations at the Financial Conduct Authority, and the phenomenon of small — and not so small — payments firms coming to the UK under the regulatory umbrellas of the big banks.

September 3, 2021

Canada Modernizes Payment System With Lynx

The opening of Canada’s new high-value payment system is another step towards the country's objective of modernizing its payment system and making it more adaptive to innovation.

September 3, 2021

ESPN Explores Sports-Betting Deal Where Other Media Companies Have Failed

Disney’s ESPN has long been viewed as the crown jewel of U.S. sports betting-media partnerships, but analysts are warning there's no guarantee a big-money tie-up would even be successful.

September 3, 2021

Gambling Companies Buoyant On US, Depressed Over Germany

Germany and the US have been top of mind for publicly traded gambling companies this earnings season, for opposite reasons: one expanding, the other contracting.

September 3, 2021

Gambling Problems More Prevalent In Esports Bettors, Says Study

Esports bettors experience higher levels of gambling problems and harm than traditional sports bettors, according to a new research article.

September 3, 2021

News In Brief: August 30-September 3, 2021

The UK Gambling Commission appoints its new chair, IGT wins European legal case, Bet MGM secures Puerto Rico partnership and India's Dream11 seeks another major funding round.

September 2, 2021

EU Proposals to Strengthen the AML Framework and Potential Impact on Financial Market

In July 2021, the European Commission presented a package consisting of four legislative proposals to strengthen the EU anti-money laundering/counter-terrorism financing (AML/CTF) framework.

September 2, 2021

Full Steam Ahead To More Regulation, Says New Zealand Report

Financial services and payments regulation is expanding and its proponents are aiming to produce more inclusive and resilient systems, according to a report by Payments NZ, a quasi-official body whose stated mission is "making sure payments are simple and secure for Kiwis."

September 2, 2021

No Need To Fear Subpoenas, Conference Hears

No-one likes to receive subpoenas from enforcement authorities, but communication with the agencies is key during these interactions, while a robust internal procedure for tracking agency requests can also help to detect trends and adjust compliance procedures, panelists at the Money Transmitter Regulators Association (MTRA) Annual Conference said.

September 2, 2021

News In Brief - September 2, 2021

The Central Bank of Nigeria has announced that it is partnering with the fintech company Bitt to trial its central bank digital currency (CBDC).

September 2, 2021

Enhance, Simplify, Align Is The Motto Of Australia’s Payments Report

Australia’s payments system has three strategic areas for improvement, according to a landmark review commissioned by the country’s government.

September 2, 2021

U.S. Unveils Uniform Law To Standardize State Money Transmission Rules

A U.S. organization of state bank supervisors has finalized a uniform law to help states modernize and align their differing money transmission laws.

September 2, 2021

California Tribes Politely Wary Of Online Operator-Backed Sports Betting Initiative

California gaming tribes are greeting a new ballot initiative by a coalition of commercial sports betting operators with quiet dubiousness.

September 2, 2021

Facebook Enters The Fantasy Games Market

Facebook is expanding its offerings to include free predictor fantasy sports and other types of fantasy games, a move that troubles problem gambling advocates who see such games acting as a primer to sports betting.

September 2, 2021

Stake Limits Hold Back Booming Greek Online Market

The newly licensed Greek online gambling market has seen its revenues curtailed, as a €2 casino stake limit bites and player taxes weigh on sports bets, but a strong football-fueled summer has seen the overall market continue its inexorable climb.

September 2, 2021

Boycott Cripples Myanmar Lottery As Dissident Alternative Emerges

The national lottery in junta-controlled Myanmar has suffered a general boycott and has been upstaged by a dissident lottery organised by ousted democratic forces, which sold out on its first day.