Insights Archive

February 10, 2025

Daily Dash: Singapore Government Says No Reports Of Non-Compliance With BNPL Code of Conduct

There have been no reported breaches of Singapore's Buy Now, Pay Later (BNPL) Code of Conduct since its introduction in 2022, according to the government’s minister for trade and industry.

February 7, 2025

Week In Crypto: New US Stablecoin Bill Signals Lack Of Unity On Legislative Agenda

Four US senators have introduced a new bill to regulate payment stablecoins, in a move that borrows mostly from an existing bill and clashes with legislative plans outlined in a Trump executive order on crypto and AI.

February 7, 2025

With Japan's Help, Papua New Guinea Moves Closer To CBDC

Following Japanese investment and leadership in Cambodian and Laotian digital currency projects, Papua New Guinea has become the latest Asian country to move towards a Japan-built central bank digital currency (CBDC).

February 7, 2025

EBA Delays Instant Payments Reporting Enforcement Until 2026

The EU’s financial watchdog has decided to press pause on an imminent payments compliance deadline, stating that it will not become actionable until next year.

February 7, 2025

Card Payments On The Rise In The Eurozone, Latest ECB Stats Show

The European Central Bank’s (ECB) latest data on payments being made by consumers in the EU reveals growth in all areas, with card payments accounting for more than half of non-cash payments.

February 6, 2025

Trump Appointee Shuts Down CFPB On First Day In New Role

The US Consumer Financial Protection Bureau (CFPB) is facing an existential crisis following an immediate suspension order issued by its new acting director.

February 6, 2025

Daily Dash: MPs Launch Inquiry Into AI's Role In Financial Services

UK lawmakers on the influential Treasury Select Committee have launched a new inquiry into the growing use of artificial intelligence (AI) in banking, pensions and financial services, with a focus on consumer protection and financial stability.

February 6, 2025

European Commission Rejects DORA Subcontracting Rules, Triggering Uncertainty

The European Commission has rejected significant provisions for subcontracting ICT services, arguing that certain requirements exceed the mandate provided under the Digital Operational Resilience Act (DORA).

February 4, 2025

El Salvador Amends Bitcoin Law, Allowing Merchants To Refuse Bitcoin

As per the terms of a new loan agreement with the International Monetary Fund, El Salvador is rolling back its efforts to promote the use of Bitcoin as a currency.

February 4, 2025

Barclays Asks UK Customers To Call On Friends, Family And Food Banks During Weekend Outage

Barclays is in damage-control mode following a weekend of outages that led the bank to suggest that affected customers may wish to call on their friends and family for help.

February 4, 2025

New Consultation On cVRPs Aims To Boost Open Banking Adoption In The UK

Open Banking Limited has announced a public consultation on the multilateral agreement for commercial variable recurring payments (cVRPs), which could lead to increased use of open banking.

February 3, 2025

PaymentsCompliance Outlook: APP Fraud

This report is part of Vixio PaymentsCompliance’s Outlook series, which provides subscribers with forward-looking insights and consolidated research on key segments of the global payments industry. This edition is designed to provide high-level intelligence on APP fraud in 2025

February 3, 2025

US Government Will Use AI To 'Eliminate' Illicit Use Of Tether, Lutnick Tells Senate

Tether custodian and Trump Cabinet pick Howard Lutnick has told US lawmakers that illicit use of stablecoins can be "eliminated" by using AI tools to "rip through" the blockchain.

February 3, 2025

KuCoin To Pay $300m In Penalties For Operating Illegally In US

KuCoin, a Seychelles-based crypto exchange, will face significant penalties after pleading guilty to operating as an unregistered money services business in the US.

February 3, 2025

ECB Finalises Access To Payment Systems Policy

Payments and e-money institutions have come a step closer to gaining access to central bank payment systems in the Eurozone, after the European Central Bank (ECB) outlined its policy for the regulatory change.

February 3, 2025

MEPs Probe Italy's Compliance With Payment Rules Over pagoPA Fees

The European Commission has been urged to investigate Italy’s compliance with EU payment regulations following concerns that fees are being charged on electronic transactions via the government-run pagoPA payment system.

February 3, 2025

Daily Dash: BaFin Flags Virtual IBANs As Money Laundering Risk

Germany’s Federal Financial Supervisory Authority (BaFin) has joined the European Banking Authority and the Banca d’Italia in raising the alarm about the use of virtual IBANs for illicit financial transactions.

January 31, 2025

Kambi Secures Nevada Gaming License

The Nevada Gaming Commission has approved final licensure for sports-betting supplier Kambi Group, clearing the way for its entry into the state’s gaming market.

January 31, 2025

News In Brief: January 27-January 31, 2025

Ireland's gambling regulator says it is ready to start hiring officials, Estonia to work on gambling law amendments this year, North Dakota wants to close its gambling regulator and another NBA player is under investigation over allegedly suspicious bets.

January 31, 2025

Colombia Proposes Emergency Online Gambling Tax

Colombia has proposed waiving gambling’s value added tax (VAT) exemption for the next 90 days to fund relief efforts for the Catatumbo region.

January 31, 2025

UK Government Has 'No Plans' To Mandate Cash Acceptance, Says Minister

A newly appointed minister has said the Labour government has "no plans" to mandate that retailers accept cash, but is also not planning for a "cashless society".