Insights Archive

June 23, 2022

Fintechs Push Agenda As Colombians Elect Petro As First Leftist President

Following the election of Colombia's first left-wing President, Gustavo Petro, Colombian firms are worried about what this means for the emerging fintech landscape. Meanwhile, Colombia Fintech is pushing for a comprehensive cryptocurrency framework and a gradual open banking regime.

June 23, 2022

EDPS Calls For Pan-European Enforcement Of Data Protection Rights

The European Data Protection Supervisor (EDPS) has said it is high time to deliver on the promise of the General Data Protection Regulation (GDPR) and that it requires a pan-European enforcement model.

June 23, 2022

’Shame On Us’: Payments Experts Reflect On UK’s Fraudemic

UK payments players cannot wait for regulation to improve the country’s fraud problems, insiders have agreed.

June 23, 2022

Duty Of Care, Stake Limits Among Belgian Regulator's Blueprint For Change

Belgian gambling regulators have given the government a blueprint to improve the country’s gambling regulation, including limits on player deposits and stakes.

June 23, 2022

Kindred Subsidiary Defiant After Norwegian Court Loss

Norway’s Oslo District Court has ruled against a subsidiary of the Kindred Group in its bid to defy the regulator and offer its gambling services in the country.

June 23, 2022

Military Deal Boosts Myanmar Border Casino Operations

A project city on the Myanmar-Thailand border with likely significant online and land-based casino gambling interests appears to be booming, after the regional militia secured junta approval in exchange for frontline soldiers.

June 23, 2022

U.S. Gambling Statutes Inspire Fear And Loathing But No Lobbying

Antiquated gambling laws loom as potential roadblocks to the industry’s future progress, but there is little, if any, interest in lobbying Congress to update federal gaming regulations.

June 23, 2022

North Carolina Sports-Betting Legislation Goes South

Mobile sports-betting legislation in North Carolina went from the fast track toward passage to all but dead Wednesday following an unfavorable vote on one of the two proposed bills.

June 22, 2022

Irish Central Bank Makes IBAN Discrimination Intervention

Europe’s IBAN problems appear to have not been helped by awareness campaigns, as the Central Bank of Ireland calls for assurance from the financial services industry that they are compliant with the rules.

June 22, 2022

PSR Launches Long-Awaited Card Fee Reviews

Scheme and processing fees, as well as cross-border interchange, are top of the agenda for the Payment Systems Regulator (PSR) as it launches two market reviews into debit and credit card payments in the UK.

June 22, 2022

Crypto Investors Ponder Redress Mechanisms As Celsius’ Doors Stay Shut

It has been more than a week since Celsius shut its doors to withdrawals, but still no time has been given for when customers will be able to get their money back, if ever.

June 22, 2022

FATF Acts To Diminish Russia’s Influence On Organisation

In a move that could be seen as hesitancy, the anti-money laundering (AML) organisation has demoted Russia but retained it as a member.

June 22, 2022

CFPB Scrutinises US Bank Overdraft Fees, Customer Service

In two separate moves, the Consumer Financial Protection Bureau (CFPB) is seeking data from 20 financial institutions on their overdraft fees and is asking consumers whether they can obtain timely information about their accounts from large banks.

June 22, 2022

Dutch Regulator To See If Operators Walk The Walk

The Dutch regulator will begin checking that operators are really putting their responsible gambling policies into practice, as it starts a new wave of supervision.

June 22, 2022

New Gambling Ad Controls May Vex UK Betting Industry

At least one gambling lawyer thinks newly tightened restrictions on UK gambling ads aimed at protecting under-18s have more potential for grief for licensees than the much-dreaded affordability checks.

June 22, 2022

North Carolina House Committee Advances Sports-Betting Bills

A North Carolina House committee sent forward two bills that would legalize mobile sports betting in the state, a key step before the state legislative session’s scheduled end date next week.

June 22, 2022

Ethiopian Ministry Working To Ban Sports Betting

Ethiopia’s Ministry of Women and Social Affairs is working to ban sports betting in a bid to protect the country’s youth and avoid “various economic and social crises”.

June 22, 2022

Online Gambling Legislation Scrutinised In Peru

The two bills on the docket to regulate sports betting and online gambling in Peru were the centre of attention at the Peru Gaming Show last week, with operators grumbling that legislation was happening too quickly and was technically lacking.

June 21, 2022

Israel And Hong Kong Central Banks Partner With BIS To Study Cybersecurity Of Retail CBDC

A new partnership with the Bank for International Settlements (BIS) Innovation Hub aims to double down on data security and improve resilience of retail central bank digital currencies (CBDCs).

June 21, 2022

Irish Antitrust Watchdog Cautiously Clears Way For Banks’ Payments App

The Competition and Consumer Protection Commission has approved a payments app developed by Ireland’s retail banks to compete with fintechs following a 14-month investigation.

June 21, 2022

VIXIO Interview: Lord Holmes Of Richmond

In an exclusive interview with VIXIO, Lord Holmes Of Richmond, one of Westminster’s most influential fintech and payments advocates, speaks to us about financial inclusion, central bank digital currencies and how much progress has been made with the UK’s landmark Kalifa Review.