Insights Archive

January 25, 2024

What's Next For The CFPB's Rulemaking On Non-Bank Payment Apps?

After a 60-day consultation period, the US Consumer Financial Protection Bureau (CFPB) is currently reviewing its proposed regulations on non-bank payment apps. Facing a backlash from the industry, how are the proposals likely to evolve?

January 25, 2024

AI Will Continue To Present Opportunities ... And Risks

Artificial intelligence (AI) never strayed far from the headlines last year, and 2024 looks set to be the same story. However, the risk of AI being used by bad actors could lead to problems for the financial services sector.

January 25, 2024

STET Finalises SEPAmail.eu Acquisition

One of the EU’s key infrastructure providers has completed its acquisition of French payment fraud prevention service SEPAmail.eu, in a sign of clearing houses bringing on value-added services for customers.

January 25, 2024

Daily Dash: Visa Completes $1bn Acquisition Of Pismo Card-Issuing Platform

Visa has sealed a major acquisition of Pismo, a global cloud-native issuer processing platform, and Germany’s financial regulator has named operational resilience as one of its key focuses in 2024.

January 25, 2024

'Fixed-Odds' In Focus As Brazil Mulls Limits On Online Casino

Legal experts are hoping to convince government officials that Brazil’s new online gambling law is broad enough to encompass a full range of online casino products, despite recent indications that certain popular games could be prohibited.

January 24, 2024

Missouri Legislators Begin New Sports-Betting Effort

Missouri legislators have begun the process of once again trying to move sports-betting legislation, although the weariness of multiple failed attempts was on display during a hearing on Tuesday.

January 24, 2024

Tribes Hold Key To Sports Betting In Holdout U.S. States

A decision by proponents to discontinue efforts to put a sports-betting initiative proposal on the state ballot in November underscores the pivotal role that Indian tribes will play in eventually bringing legal sports wagering to California and other states.

January 24, 2024

US, UK, Australia Impose New Sanctions On Hamas Officials

Governments in the three jurisdictions have unveiled a new set of designations, following actions taken by the EU last week.

January 24, 2024

Daily Dash: Worldline Expands Paytech Partnership With Google Cloud

Worldline has announced that more of its paytech infrastructure will be moving to Google Cloud, a Volante survey has found that instant payments are a “must-have” for US banks, and a Hong Kong central bank imposter is on the loose.

January 24, 2024

Irish Researchers Defend High Problem Gambling Estimate

Ireland’s Economic and Social Research Institute has said it stands by its estimate that one in every 30 adults experience problem gambling in Ireland after its data was challenged by Flutter CEO Peter Jackson in the local media.

January 24, 2024

New South Wales Regulator Puts Slots Venues On Notice

The New South Wales state government said it is engaged in an “escalation in enforcement response” against improper ATM locations in licensed gambling venues, part of a wider, toughening response to industry non-compliance.

January 23, 2024

Colorado Clarifies Responsible Gambling, Patron Exclusion Rules

The Colorado Limited Gaming Control Commission has signed off on amendments to its casino and sports-betting regulations to clarify and expand the requirements for responsible gambling and who has access to its voluntary exclusion list.

January 23, 2024

Nigerian State Regulators Call For Continental Enforcement Agreements

The head of Nigeria’s trade association for state gambling regulators has called for standardised technical requirements for gaming machines and an agreement with regulators on the continent to tackle illegal gambling.

January 23, 2024

TSB Issues 'Urgent Warning' To Consumers Over Facebook Marketplace Scams

A new report from TSB has found that more than a third of adverts on Facebook Marketplace could be scams, following similar warnings last year in response to a "huge" rise in Facebook fraud.

January 23, 2024

DORA 'Takes Shape' As First Guidelines Sent For Commission Approval

The Digital Operational Resilience Act (DORA) comes into effect in less than a year, as firms try to get their heads around the EU’s mammoth IT regulation.

January 23, 2024

Daily Dash: Spotify 'Outraged' By Apple's New 27 Percent Commission On In-App Payments

Spotify has condemned the outcome of a major antitrust lawsuit against Apple, Crédit Agricole has taken a minority stake in Worldline, and the payments department of a US government agency has been hacked for $7.5m.

January 22, 2024

Ecuador Withdraws Casino Openings Amid Violence

Ecuador’s embattled new President Daniel Noboa has withdrawn a petition to reopen casinos and gaming halls in the country from the Constitutional Court two weeks after first proposing it.

January 22, 2024

Michigan Cracks Down On Sweepstakes Casinos

Three sweepstakes-based casino and sports-betting operators have been forced to exit the Michigan market after receiving cease-and-desist letters from state gaming regulators accusing them of offering illegal online gambling.

January 22, 2024

Daily Dash: EU Launches New Sanctions Framework Targeting Hamas

The EU has launched an expanded sanctions framework to target funders of Hamas, and Trustly has completed its merger with Paris-based recurring payments platform SlimPay.

January 22, 2024

One App To Rule Them All: Can The West Replicate Southeast Asia's Super App Boom?

Elon Musk’s X app has taken another step in its quest to become an “everything app”. With others also looking to become one-stop shops, is the West ready for super apps?

January 22, 2024

Apple To Open Up NFC Access To Competitors

The European Commission has said it is seeking feedback on new commitments from Apple to open up access to its near-field communication (NFC) technology, following a four-year antitrust case.