Insights Archive

February 18, 2025

Review Body Slaps Locals Block On Thai Casino Bill

Thailand's law review authority has added a wealth entry restriction to future land-based casinos that excludes all but the wealthiest Thai nationals, potentially kneecapping the government's integrated resort campaign.

February 17, 2025

Australia Enacts 'World-Leading' Scams Prevention Framework

Lawmakers in Australia have passed what they believe are the "world’s toughest" anti-scam laws, as the Albanese government makes good on one of its key election pledges.

February 17, 2025

Daily Dash: AI And Crypto Among Priorities At UK-EU Regulatory Forum

The EU and the UK reaffirmed their commitment to regulatory cooperation in financial services during the third meeting of the Joint EU-UK Financial Regulatory Forum, held in London on February 12.

February 17, 2025

Big Tech Pushes Back Against Brussels Fraud Liability Plans

Advocates for the tech industry have warned that the European Parliament’s push to include social media and telecommunications firms in the Payment Services Regulation fraud regime are misguided, and could backfire for consumers.

February 17, 2025

UK PSPs 'Likely' Not Disclosing All Sanctions Breaches, OFSI Warns

The latest report from the UK’s sanctions watchdog warns of ongoing non-compliance and potential pathways for abuse such as crypto-assets and Russia’s Swift alternative.

February 14, 2025

Week In Crypto: US Congress Flooded With Yet More Stablecoin Bills

Lawmakers in the US have unveiled a raft of competing stablecoin bills, while promising to "work together" to ensure that one eventually arrives on President Trump’s desk.

February 14, 2025

Daily Dash: Utah Senator Wants To Take Trump's CBDC Ban One Step Further

Following a Trump executive order that prohibits the US government from issuing a central bank digital currency (CBDC), a Utah senator wants the ban to go one step further.

February 13, 2025

Regulatory Influencer: Papua New Guinea Edges Towards CBDC As US Runs In Opposite Direction

At the end of January 2025, Papua New Guinea became the latest Asian country to move towards implementing a central bank digital currency (CBDC), less than a week after new US President Donald Trump issued an executive order prohibiting the US government from issuing a CBDC.

February 13, 2025

FiDA Lives To See Another Day As European Commission Backs Away

The Framework for Financial Data Access (FiDA), which should enable open finance in the EU, has not been withdrawn by the European Commission as earlier leaked documents suggested.

February 13, 2025

PSR To Launch Consultation On APP Scam Reimbursement System In April

The UK’s Payment Systems Regulator (PSR) has announced the next step in its fight against authorised push payment (APP) scams: a consultation on the regulatory requirements for a centralised reimbursement claims management system.

February 13, 2025

Daily Dash: Russia's Central Bank Issues QR Code Payment Security Rules

The Central Bank of Russia has introduced a new set of guidelines to enhance the security of QR code-based payments and transfers.

February 13, 2025

Singapore To Create New Entity To Manage Payments Ecosystem

The Monetary Authority of Singapore and the Association of Banks in Singapore have announced the creation of a new entity to oversee and govern the country’s national payment schemes.

February 13, 2025

Trump's CBDC Ban A Victory For Private Sector, Not For Privacy

Recent moves in the US to ban central bank digital currencies represent a win for the private sector, but have significant implications for the US payments sector and beyond.

February 12, 2025

Denmark's Changing Payment Habits Bring Dankort's Future Into Question

Recent shifts in consumer behaviour and market dynamics have challenged the dominance of Denmark’s domestic payment option, with consumers looking elsewhere and the government considering other options.

February 12, 2025

Daily Dash: EBA Narrows ICT Risk Management Guidelines As DORA Takes Effect

The European Banking Authority (EBA) has amended its guidelines on ICT and security risk management measures to align with the Digital Operational Resilience Act (DORA), which came into force on January 17.

February 11, 2025

MPs Demand Answers From CMA9 Banks Following Barclays IT Outage

Barclays and its competitors are under scrutiny from UK lawmakers following a damaging outage at the financial institution that lasted for several days.

February 11, 2025

European Commission Contemplating Dropping FiDA

The Framework for Financial Data Access (FiDA) regulation, intended to extend provisions in open banking to a wider financial services context, has been tipped to be withdrawn by the European Commission.

February 11, 2025

Australia Consults On New BNPL Oversight

The Australian government has launched a public consultation on proposed amendments to the National Consumer Credit Protection Regulations.

February 11, 2025

Canada's RTR, Which Should Have Launched In 2019, Is Now 'Halfway There'

Canada is moving closer to launching an instant payments system, but its Real-Time Rail (RTR) remains at least seven years behind schedule, thanks to repeated delays and changes in delivery partners.

February 10, 2025

President Trump Urged To Reopen CFPB To Fight Debanking Epidemic

Senate Democrats have called on President Trump to reopen the Consumer Financial Protection Bureau (CFPB) immediately if his administration is to have any hope of resolving the debanking epidemic that it claims to oppose.

February 10, 2025

EU Lawmaker Raises Concerns Over Rising Card Fees

The European Commission has been urged to address the issue of commercial cards, used increasingly by small businesses and the self-employed, attracting significantly higher charges than consumer cards.