Insights Archive

August 24, 2022

Nevada Regulators Consider Cybersecurity Requirements For Gaming Operators

The Nevada Gaming Control Board will consider how to proceed with several proposed amendments to state gaming laws creating new cybersecurity requirements for operators at a workshop next month.

August 24, 2022

Brazilian Platform Lured Customers With Bitcoin Before Sudden Closure

A sports-betting platform in Brazil that promised its players huge returns has mysteriously and suddenly shuttered, leaving subscribers scrambling to find out where their money has gone.

August 23, 2022

Why Cross-Border Payments Still Have Not Been Solved

Complex regulatory requirements, legacy systems and a long priority list at many financial institutions have resulted in improvements to cross-border payments failing to become more efficient, experts suggest.

August 23, 2022

India’s NCPI Signs First Deal With UK Acquirer

It will soon be possible for Unified Payments Interface and RuPay customers to make in-store payments in the UK through PayXpert’s solution, the National Payments Corporation of India (NCPI) has announced.

August 23, 2022

UK, EU Merchants Hit By PSD2 Switching Pains, Says Study

Hopes were high when the revised Payment Services Directive (PSD2) came into force in the EU and UK, but has the new legislation lived up to expectations?

August 23, 2022

Polish Human Rights Commissioner Wants Less Website Blocking

Poland’s Human Rights Commissioner has sent an official letter to the Prime Minister calling for the country’s extensive, but dubiously effective, blacklisting efforts to be scaled back.

August 23, 2022

U.S. Sports-Betting Market Leaders Continue Parlay Wager Push

Single-game parlays have become a popular product for players despite their longer odds and some of the leading U.S. sports-betting operators are riding the popularity of high-margin parlays to higher market share.

August 23, 2022

Reeling Macau Set For Authoritarian Security Reforms

The Macau government is preparing a hardline, Hong Kong-style upgrade of national security legislation with extra-territorial jurisdiction that criminalises individuals in Macau and overseas with links to foreign “threats”.

August 22, 2022

Faster Payments Overtakes Bacs In Latest UK Payments Stats

Faster Payments and other remote banking are gaining traction among UK consumers, with UK Finance unveiling that 86 percent of all UK adults used at least one form of remote banking during 2021.

August 22, 2022

US Senator Accuses Regulator Of Pressuring Banks To Avoid Crypto Companies

A US senator has alleged that a federal regulator is using Obama-era scare tactics to discourage banks from engaging in legitimate business with crypto companies.

August 22, 2022

End Misleading BNPL Ads, FCA Warns

Although buy now, pay later (BNPL) products may escape regulation, the Financial Conduct Authority (FCA) has warned that all BNPL products in the UK must comply with financial promotion rules.

August 22, 2022

Will Major League Baseball Go Stag To California's Sports-Betting Party?

It has been ten days since Major League Baseball announced its support of an online sports betting referendum in California, and the silence from the National Basketball Association, National Football League and National Hockey League is growing more deafening.

August 22, 2022

Queensland Flags New Star Probe Into Triad 'Links'

Australian casino operator The Star Entertainment Group’s year of woe has taken another turn for the worse after a top Queensland state official flagged a fresh probity investigation over a media report linking partner company Chow Tai Fook to organised crime.

August 22, 2022

Chile Debates Sports-Betting Advertising

While a public war of words breaks out within the industry, debate about regulating sports-betting advertising has been ongoing this past week behind closed doors, in the sports commission of Chile's Chamber of Deputies.

August 19, 2022

Truss Outlines Payments Policy Plans In Battle For No. 10

Liz Truss, the Conservative frontrunner to be the UK's next Prime Minister, has eyed up a financial regulatory merger, while also making commitments to ensure access to cash remains stable.

August 19, 2022

Week In Crypto: Celsius Reveals Its Missing Billions, Coinbase Hit By New Insider Trading Claims

New court hearings shine a light on the hole in Celsius’s balance sheet, fresh allegations of insider trading are levelled against Coinbase and another algorithmic stablecoin unravels.

August 19, 2022

SEC Charges Three With Insider Trading Concerning Equifax Data Breach

The US Securities and Exchange Commission (SEC) has said a public relations employee tipped off her friends with prior information on the massive Equifax data breach and illegally profited from trading stocks in light of that information.

August 19, 2022

Daily Dash: India Consults On Payments Systems

India’s central bank has released a new discussion paper on payment fees, while a New Zealand bank becomes the latest to offer a mobile payments terminal for merchants, and Dubai leans into the metaverse.

August 19, 2022

Brazil's Gambling Bill May Get Autumn Date In Senate

A sweeping bill to legalise gambling in Brazil will be scheduled on the Senate's legislative agenda after presidential elections conclude on October 30, according to the measure's chief sponsor.

August 19, 2022

Kenya Revenue Authority Clears Suspended Licences

A total of 105 gambling companies in Kenya have cleared a major hurdle in receiving their licence or having it renewed.

August 19, 2022

Kansas Sports Betting Set For September Launch, But Legal Issues Remain

Kansas Governor Laura Kelly announced Thursday that sportsbooks at the four state-owned casinos will begin accepting retail and mobile wagers during a soft launch period on September 1, a week before the start of the National Football League (NFL) season.