Insights Archive

February 9, 2022

Just More Boring News? Experts Split On Apple’s New Venture Into Payment Terminals

Apple has announced that it is launching a payment terminal product, but how significant is this development? VIXIO spoke with payments industry experts to discuss the implications of the latest product diversification from the technology giant.

February 9, 2022

Meta Threatens To Pull Out Of Europe Amid Unresolved Privacy Dilemma

Europeans could be cut off from Facebook and Instagram as enforcement of data privacy rights heat up in Europe and the regulatory framework guiding transatlantic data flow is still in the making.

February 9, 2022

Singapore Sets Out Fraud Payments Framework

Banks in Singapore have implemented substantial measures to bolster the security of digital banking that was announced in January, the Monetary Authority of Singapore (MAS) has confirmed.

February 9, 2022

Indian Cabinet Exploring Proposal To Regulate Fantasy Sports

The Indian Cabinet has said for the first time that multiple ministries are considering a discussion paper on fantasy sports regulation produced by the government’s top think tank.

February 9, 2022

Seneca Nation To Resume Gaming Payments To New York Amid Federal Probe

Even though federal regulators continue to investigate whether the tribe's Indian gaming compact is legal, the Seneca Nation plans to pay the state of New York hundreds of millions of dollars to settle its dispute with the state.

February 9, 2022

Belgian Cross-Sell Banning Bill Raises Alarm

Trade groups are protesting a bill in Belgium that would ban cross-selling or allowing customers to transfer funds between betting and online casino accounts.

February 8, 2022

Some NFTs Fall Under FinCEN Remit, U.S. Treasury Says

U.S. regulators weigh non-fungible tokens (NFTs) in the context of anti-money laundering (AML) for the first time, concluding that certain NFTs could be subject to U.S. AML regulations.

February 8, 2022

Spaniards Choose Instant Payments More Than Anyone Else In The EU

The Spanish national payment network processed 570m instant payment transactions in 2021, beating all the countries in the eurozone, including the Netherlands or Belgium, Iberpay has said.

February 8, 2022

MEPs Cautiously Optimistic About EU Digital Identity Proposal

Members of the European Parliament (MEPs) have welcomed the EU’s proposal for electronic identification (eID), although concerns have been raised about the risks for data privacy and interoperability.

February 8, 2022

Ireland’s Payments Boom: Brexit Pushes Players To Dublin

Despite a relatively small payments market, Ireland has been an important beneficiary of the UK’s withdrawal from the EU, as companies set up shop looking to use the destination to passport into the single market.

February 8, 2022

PSD3 Watch: MEP Raises Prospect Of New Fraud Prevention Measures

A Dutch member of the European Parliament (MEP) has probed the European Commission on the possibility of introducing delay and chargeback options for SEPA transfers to new IBAN accounts.

February 8, 2022

Entain Acquires Sports Interaction Ahead Of Ontario Opening

Entain has acquired the parent company of Avid Gaming and its online betting and gaming brand Sports Interaction for approximately $235m (C$300m) as it prepares for the transition to a regulated market in Canada's largest province.

February 8, 2022

Hungary Ending Online Monopoly Without Caveats Unlikely, Says Lawyer

Legal changes proposed by the Hungarian government would allow private operators to apply for an online licence, ending the current monopoly, but at least one legal expert does not expect animosity between the government and offshore companies to conclude any time soon.

February 8, 2022

Brazil Gambling Vote Imminent In Landmark Year For Lotteries, Sports Betting

The lower house of Brazil’s Congress is preparing to vote this month on a plan to open one of the world’s largest untapped gambling markets to casinos, bingo machines and online gaming.

February 7, 2022

Gone, But Not Forgotten - Diem’s Payments Legacy

After the Diem Association announced that its project was coming to a close, VIXIO spoke with experts to assess just how impactful the stablecoin project ended up being.

February 7, 2022

Project Hamilton Moves To Next Stage

The Federal Reserve Bank of Boston has published a white paper following its initial technological research into a central bank digital currency.

February 7, 2022

First Year Into AMLA - What Has Been Done And What To Expect?

One year after the U.S. adopted the historic Anti-Money Laundering Act 2020 (AMLA), experts discuss how the Financial Crimes Enforcement Network (FinCEN) is dealing with its tasks to implement the act and what lies ahead.

February 7, 2022

Insane' New York Market Shatters Records In First Month Of Mobile Betting

Despite mobile sportsbooks only being in operation for a portion of the month, New York broke U.S. records for monthly sports-betting handle and gross revenue in January.

February 7, 2022

Japan's Online Casino Boom: How Long Can It Last?

Online gambling in Japan has enjoyed some of the most dramatic growth of any gambling sector anywhere in the world, but its era of operating in shadows with affiliate assistance and amid tenuous law enforcement may be nearing a turning point.

February 7, 2022

Flutter Confirms Desire To Run UK National Lottery

The UK's biggest bookmaker has said it wants the National Lottery back under the control of a domestic operator in a late bid to win the licence.

February 4, 2022

MPs Pile On Pressure For Government To Act On Fraud

A group of UK parliamentarians have called on the government to extend the powers of the Payment Systems Regulator and act faster on fraudsters and scammers.