Insights Archive

April 3, 2025

U.S. State Regulators Continue Offensive Against Prediction Markets

Controversy over sports prediction markets continues, as another key state has sent cease-and-desist letters to three prediction exchanges and an additional state regulator has confirmed an investigation.

April 2, 2025

New York Regulators Troubled By Sports Advertising Evolution

New York regulators are taking note of the blurring of lines between sports-betting content on broadcast outlets and advertisements that require specific disclosures.

April 2, 2025

Massachusetts Seeks Stricter Rules For Sports-Betting Influencers

Social media influencers would need to disclose when they are paid to make posts by sports-betting operators under new rules being considered by the Massachusetts Gaming Commission.

April 2, 2025

Norwegian Regulator Puts New Powers To Use Blocking 57 Websites

The Norwegian Gambling Authority has blocked 57 websites operated by 23 companies since the start of the year when it was given new powers to carry out domain name system blocking.

April 2, 2025

FinCEN Issues Cash Smuggling Alert To Banks And Money Servicing Businesses

The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a new alert warning financial institutions about bulk cash smuggling and repatriation operations conducted by Mexico-based Transnational Criminal Organizations (TCOs).

April 2, 2025

Regulatory Influencer: National Crime Agency Assessment A Stark Reminder Of Financial Crime Threat

A new report from the UK’s National Crime Agency (NCA) that outlines the breadth and impact of serious and organised crimes (SOC) in the country should prompt payments firms to consider the systems and protections they have in place.

April 2, 2025

Tech, Banking And Telecoms Giants Vow To Fight UK Scams In New Joint Statement

A week after a UK lawmaker warned that social media companies are in a "last chance saloon", some of the biggest names in technology, banking and telecommunications have joined forces to crack down on fraud.

April 2, 2025

Bizum, Bancomat And SIBS Unveil Instant Cross-Border Payments Under EuroPA Initiative

Southern European payment solutions have announced the expansion of the European Payments Alliance (EuroPA) initiative, building interoperability between national payment systems.

April 1, 2025

Ohio Regulators Join Fight Against Sports Prediction Markets

Ohio’s gaming commission became the latest state regulator to take action against sports event contracts, sending cease-and-desist letters to the three exchanges offering them.

April 1, 2025

European Commission Questioned By MEP On Ad Ban, Bill 55 Proceedings

An EU lawmaker has asked the European Commission if it will ban gambling advertising and open an infringement proceeding against Malta to address a “breach of EU law” through a bill to block player-refund lawsuits.

April 1, 2025

Hong Kong Moves To Strengthen Banking Intelligence Sharing With New Bill

Hong Kong has become the latest jurisdiction to open up opportunities for financial institutions to share intelligence in a bid to combat fraud and money laundering from being able to take place.

April 1, 2025

UK MP Accuses FCA Of 'Virtue Signalling' Over Consumer Duty Champion U-Turn

A Labour member of parliament (MP) has questioned the tangible benefit of scrapping the expectation for firms to have a Consumer Duty champion position on their boards in a new public hearing with the Treasury Select Committee.

April 1, 2025

EU Clarifies DORA Register Of Information Reporting Requirements

Q&As from the European Banking Authority have clarified issues regarding the Digital Operational Resilience Act (DORA), as national competent authorities prepare for the upcoming register of information deadline.

March 31, 2025

Daily Dash: Hungarian Central Bank Fines K&H Bank Over IT Failures Involving Payments

Hungary’s national competent authority has imposed a fine of HUF10m (€25,020) on K&H Bank for deficiencies in its internal regulatory framework and IT systems related to payment transactions.

March 31, 2025

Daily Dash: New Zealand Open Banking Framework Receives Royal Assent

The New Zealand Customer and Product Data Bill has been granted royal assent and as of March 28 is legal.

March 31, 2025

Brussels Considering Intervention On Card Fees Via Amended Payment Services Regulation

A leaked document circulated by the French government and a commitment from members of the European Parliament (MEPs) show that card fees could be on the agenda for the EU’s Payment Services Regulation (PSR).

March 31, 2025

PSR Claims Success With APP Fraud Rules, Industry Awaits Next Steps

The UK’s Payment Systems Regulator (PSR) has suggested that its flagship reimbursement rules are working in tackling fraud, but industry representatives warn that money is still flowing towards criminals.

March 31, 2025

Kalshi Lawsuits Set Up Legal Showdown With Nevada, New Jersey

In a potentially pivotal legal step for the future of sports prediction markets, exchange operator Kalshi has filed lawsuits against gaming regulators in Nevada and New Jersey seeking to prevent state enforcement against the federally-regulated offerings.

March 31, 2025

Chow Tai Fook Closing In On Brisbane Casino Despite Probity Report

The Queensland state government is set to approve the sale of The Star Entertainment Group’s Queen’s Wharf casino property to its Chinese partners despite the latter’s executives misleading the state gambling regulator.

March 31, 2025

Player Refund Saga Set For Major Test In Europe's Top Court

The first of three pivotal cases with the potential to wreck or restart thousands of German player refund claims will be heard next month at Europe’s highest court.

March 28, 2025

Nevada Regulators Approve $10.5m Resorts World Fine

A struggling Las Vegas casino will pay the second-largest fine in Nevada gaming history after regulators signed off on a settlement over the resort’s failure to comply with federal anti-money laundering laws.