Insights Archive

April 8, 2022

Ukraine Calls On GREF, IAGR Members For Support

Ukraine’s Gambling and Lottery Regulatory Commission (KRAIL) has appealed to its fellow gambling regulators to step up their support for the country in the wake of Russia’s invasion.

April 8, 2022

Singapore’s Trade Minister Sets Record Straight On BNPL Risks

In a busy week for Singaporean financial regulation, the government has played down the impact of buy now, pay later (BNPL) schemes, although warned they are keeping a close eye.

April 8, 2022

FCA’s New Three-Year Strategy Targets Fraud, Sanctions Evasion And Money Laundering

Resources at the UK's Financial Conduct Authority (FCA) are to be focused on preventing serious harm, setting higher standards and promoting competition, with 80 new roles created to shut down problem firms.

April 8, 2022

Gemini, Checkout.com: Crypto Adoption On Rise Among Merchants, Consumers

Crypto adoption is on the rise among both merchants and consumers, according to new research from two leading firms working in the crypto space.

April 8, 2022

U.S. Big Banks Launch ’Authentify’ ID Verification Service

Early Warning, owned by seven large U.S. banks, has rolled out Authentify, a new identity verification service for consumers and businesses.

April 8, 2022

News In Brief: April 4-April 8, 2022

The EBA has launched a new risk dashboard to help highlight bank exposure across member states and U.S. instant payment services RTP has its maximum payment limit raised to $1m.

April 8, 2022

Meghalaya Flags Development Of Integrated Resorts

India’s Meghalaya state is looking to expand its gaming industry from an incipient online gaming market to one that includes integrated resorts, according to a senior government minister.

April 8, 2022

New York Budget Agreement Includes Accelerated Casino Licenses

New York’s state budget will include the earlier implementation of three downstate casino licenses, setting the stage for full casino gaming in the largest city in the United States.

April 8, 2022

Potential William Hill Fine Earns 888 A Cut In Purchase Price

The tough UK regulatory regime is directly affecting mergers and acquisitions, as 888 has been able to negotiate a discount purchase price for William Hill’s European holdings due to a changed “macroeconomic and regulatory environment”, which apparently includes a feared multi-million pound fine.

April 8, 2022

News In Brief: April 4-April 8, 2022

The inquiry into Australia's Star Entertainment has claimed another executive scalp after admissions of "unethical" emails.

April 7, 2022

Ghana Advances Plans To Digitise Gambling

Ghana's Gaming Commission has seized more than 500 illegal analogue slot machines, as the country continues to push towards a more digital economy.

April 7, 2022

GDPR Enforcement Comes For Banks (And Fintechs, Too)

As regulators announce multiple data protection fines across the EU, many financial institutions across the continent may be wondering, could we be next?

April 7, 2022

G7, EU Announce Fresh Sanctions Against Russia

Russia is facing a new round of sanctions from the EU, UK and the United States, including import and export bans and full transaction bans on key Russian banks.

April 7, 2022

E-Krona Can Be Integrated With Banks’ And PSPs’ Systems, Riksbank Says

Commercial banks and payment service providers (PSPs) can sleep easy, as the Swedish central bank’s latest tests show that the e-Krona can be integrated into their systems, which reduces the chance of disintermediation or the need for a direct account with the Riksbank.

April 7, 2022

90 Becomes 180: EBA Makes Key SCA Change

The European Banking Authority (EBA) has published its final proposal regarding changes to the revised Payment Service Directive’s (PSD2) re-authentication rules that many believed created an imbalance in regard to account access.

April 7, 2022

Marijuana, Financial Crimes, Surveillance On California Regulator's Agenda

Cardrooms and cannabis continue to be an evolving issue in California, as policymakers try to reach a consensus on a proposal that would allow for dual licensure between the two industries.

April 7, 2022

New Major League Baseball Season Begins Amid Gambling Probe

It's Opening Day for Major League Baseball on Thursday as federal prosecutors continue an investigation into a gambling scandal involving a former minor league pitcher in California.

April 7, 2022

Dutch Ad Group Rejects Complaints Against Bet365, State Lottery

The Dutch Advertising Code Foundation has rejected complaints against adverts run by the Dutch State Lottery and bet365.

April 7, 2022

Ghana Advances Plans To Digitise Gambling

Ghana's Gaming Commission has seized more than 500 illegal analogue slot machines, as the country continues to push towards a more digital economy.

April 6, 2022

Singapore Government Responds To Payments And Crypto Questions

Hot off the heels of new financial services legislation, Singapore’s finance minister and chief of the Monetary Authority of Singapore has responded to queries from lawmakers regarding crypto sanctions compliance and payment licence exemptions.

April 6, 2022

European Commission Launches Digital Euro Consultation

Brussels’ has begun to pave the way for EU legislation to accommodate a retail central bank digital currency, as the European Central Bank’s project continues to take shape.