Insights Archive

October 26, 2023

Nigeria Plots Gambling Excise Duty

Nigeria’s government has said it will introduce a new excise duty on gambling and lotteries that includes online betting within the next few years, but remains vague on the details.

October 26, 2023

Apple Pay Later Quietly Ramps Up To Full Launch In Most US States

After a seven-month invite-only launch, Apple’s buy now, payer later service is now available throughout the US, except in states where regulatory hurdles remain.

October 26, 2023

Interview: Orum Launches First Product Built On FedNow Service

Vixio caught up with payments API provider Orum, which has built a product on top of the new FedNow rail to instantly verify bank accounts.

October 26, 2023

ISO 20022 'Peculiarities' A Gift For Transaction Data Management Systems, Sources Say

Swift’s launch of ISO 20022 for cross-border payments and reporting (CBPR+) has opened up "new possibilities" for financial institutions, but are different implementations of the standard holding back interoperability?

October 26, 2023

Queensland Introduces Tough Casino Control Reform Bill

The Queensland state government has introduced a bill to implement the full slate of casino control reforms recommended by an external review into Star Entertainment Group’s compliance failures.

October 26, 2023

U.S. Supreme Court Lifts Stay On Florida Sports-Betting Case

The U.S. Supreme Court on Wednesday denied a request by sports-betting opponents in Florida to extend the delay on internet wagers in the Sunshine State.

October 25, 2023

Mississippi Legislative Committee Gets Feedback On Mobile Sports Betting

Mississippi legislators are expected to make another run at bringing mobile sports betting to the state in 2024, but what will be included in any bill remains unclear.

October 25, 2023

Pavilion Payments CEO: Omnichannel Enables A Complete Gaming Experience

Attend any gaming conference in the U.S. and there is usually a conversation between casino executives about the need to create omnichannel experiences, a term that Christopher Justice, CEO of Pavilion Payments, admits has become one of those “attractive buzzwords.”

October 25, 2023

Brazil Senate Mulls Lower Tax Rate As Sports-Betting Negotiations Continue

Brazil’s Senate is deep in the trenches of negotiating amendments to a pending sports betting and online gaming bill, with two specialist committees meeting this week, but voting on the bill facing continued delays.

October 25, 2023

European Payments Council Delays Rulebook Change - Just Weeks Before Deadline

The European Payments Council (EPC) has pushed back changes to the SEPA Credit Transfer rulebook that were due to be implemented next month.

October 25, 2023

German Regulator Unveils Second 'Helpful' Payments Consultation

Germany’s Federal Financial Supervisory Authority (BaFin) has released a second consultation for payments and e-money, this time looking at operational and security-relevant risks.

October 25, 2023

What Does Interac's Broadened Access Mean For Canadian Payment Firms?

Last month, Interac, Canada’s debit network, opened its online money-sending service to third parties, a move that may pave the way for future access for payment firms.

October 25, 2023

Group Claims Online Casino Companies Break Dutch Consumer Law

A Netherlands consumer group claims online casino companies break Dutch consumer law and encourage excessive gambling by misleading players about bonus terms and conditions and unfairly concealing costs.

October 25, 2023

What Does Interac's Broadened Access Mean For Canadian Payment Firms?

Last month, Interac, Canada’s debit network, opened its online money-sending service to third parties, a move that may pave the way for future access for payment firms.

October 24, 2023

Ohio Survey Highlights Increase Of 'At-Risk' Players

As new forms of regulated gambling have continued to become available in Ohio, the percentage of non-gamblers in the state has sharply decreased, while the rate of gamblers at risk of problem gambling has steadily increased.

October 24, 2023

Colombia Limits Gambling Advertising Spending From 2024

After publishing a draft resolution two weeks ago, Colombian regulator Coljuegos has approved the final version of a resolution to restrict online gambling advertising that comes into effect from January 1, 2024.

October 24, 2023

Finland Takes First Concrete Steps To Discard Online Monopoly

Finland has officially kicked off the process that will dismantle the country’s online gambling monopoly and replace it with a licensing system.

October 24, 2023

Key Fintechs Rally For IBAN Discrimination Clampdown

Fintechs and challenger banks including Wise, Klarna and Revolut have called for "clear rules, concrete actions and cooperation" to bring IBAN discrimination to a halt in the EU.

October 24, 2023

US Needs Regulatory Changes To Strengthen Fintech Prospects

Instant payment services and new open banking rules are welcome, but more is needed to improve competition and innovation, industry experts told Vixio in our "US Payments: The Next Chapter" webinar.

October 24, 2023

FTC Talks Up Fighting Cross-Border Fraud In US Congress

The US Federal Trade Commission (FTC) has warned lawmakers that cross-border fraud reports have grown ten times in the last two decades and urged Congress to give the agency permanent authority to fight it.

October 24, 2023

Delta Corp Counsel Alleges Top Official Used GST Debt As Bargaining Chip

Counsel for gaming listco Delta Corp has alleged before an appeals court that India’s government offered to withdraw overwhelming GST back payment notices if the gaming industry accepts its goods and services tax (GST) regime.