Insights Archive

May 13, 2022

Commission Sets Sights On Stronger Consumer Protection Rules

The European Commission has adopted a reform of the current EU Rules on Distance Marketing of Consumer Financial Services, which govern distance selling.

May 13, 2022

The Tinder Swindler: Dating Apps Accuse Google Of Anti-Competitive Behaviour In California Lawsuit

Match Group, owner of popular dating apps Tinder, Match and OKCupid, is suing Google after accusing it of establishing an in-app payments monopoly.

May 13, 2022

NSW Regulator Laments 'Scary' Lack Of Control Over Slots

The head of the New South Wales (NSW) state gambling regulator complained to government officials in December that his agency had “very few regulatory levers to pull” on the poker machine (slots) industry, according to leaked documents.

May 13, 2022

Minnesota House Approves Sports-Betting Bill

The Minnesota House of Representatives passed legislation that would legalize sports betting in the state Thursday night, but even House legislators acknowledged the bill is not likely to clear the Senate.

May 13, 2022

Brazil Senate Poll Finds Popular Support For Casino Expansion

A poll conducted by Brazil’s Senate has suggested strong popular support for casino expansion, even though a vote on a sweeping measure that passed the lower house in February seems highly unlikely until after October’s elections.

May 13, 2022

UK Children See Fewer TV Gambling Ads As Habits Shift

Children across the UK are seeing fewer gambling adverts on TV, but the Advertising Standards Authority is warning that the real challenge for the industry has shifted online.

May 13, 2022

BetMGM Pulls Back In High-Tax New York

BetMGM executives have said the MGM-Entain joint venture has made “a concerted decision” to lessen its pursuit of mobile sports-betting customers in New York due to the state’s steep tax rate.

May 13, 2022

News In Brief: May 9-May 13, 2022

Mr Green loses another fine appeal, Kyrgyzstan plans gambling law overhaul and Kansas sports-betting bill signed into law.

May 12, 2022

Political Agreement Reached On DORA

The European Parliament and European Council have reached a political agreement on the Digital Operational Resilience Act (DORA), meaning that one of the key covenants of the EU’s digital finance plans comes a step closer to being signed into law.

May 12, 2022

UK Government Touts Digital Identity And New Data Laws

The UK has begun to come up to speed with the EU and Australia in its move to enhance digital identity solutions, but faces a fallout with Brussels as it hints at reforming the General Data Protection Regulation.

May 12, 2022

EMVCo Proposes New Contactless Payment Specifications

The global technical body owned by the major international card networks is proposing new specifications to streamline global contactless payment acceptance.

May 12, 2022

Afterpay Targets Everyday Items In The US Following Rite Aid Deal

Afterpay has partnered with pharmacist Rite Aid, making it the first drugstore in the US to offer buy now, pay later services.

May 12, 2022

Awareness And Trust Lacking In Digital Payments, Says PSR Panel

The UK’s Payment Systems Regulator (PSR) has said that it wants to improve awareness of digital payments, as well as tackle the current barriers that can manifest for consumers.

May 12, 2022

Dear CEO, Do Not Tell Consumers They’re Guaranteed A Loan!

The UK’s Financial Conduct Authority has warned consumer credit firms to be clearer in advertising loans, or face regulatory action.

May 12, 2022

Anniversary Of Historic Sports-Betting Ruling Finds U.S. Supreme Court In Turmoil

Four years after making perhaps the most significant legal ruling in the history of the United States' gambling industry, the U.S. Supreme Court is mired in a controversy threatening its credibility.

May 12, 2022

Do Cryptocurrencies, NFTs Undermine Gambling's ESG Goals?

Should a gambling industry keen to score points on environmental, social and governance (ESG) concerns steer clear of cryptocurrency and non-fungible tokens (NFTs), given the climate costs, fraud and wild gyrations in trading associated with both?

May 12, 2022

Dutch Minister Defends Secret Licence Rejection Policy

It would be unfair on gambling operators if their failure to win a licence to operate online in the Netherlands was made public, a senior minister said this week.

May 11, 2022

NatWest Mistakenly Charges Debit Card Transactions Twice

In a glitch, the UK's NatWest has charged its customers twice when they made debit card payments, forcing some of its clients to be overdrawn and without money.

May 11, 2022

Cash, Crime And Reimbursement: A Look At What Was In The Queen’s Speech

The UK government has committed to introducing new legislation to protect access to cash, to better enforce against economic crime and to require banks to refund victims of authorised push payment fraud.

May 11, 2022

Strong Results For Strong Customer Authentication, Says Nationwide

The UK’s largest building society has published new data showing the success of strong customer authentication in reducing fraudulent card payments.

May 11, 2022

Here We Go Again! Commission Launches PSD2 Consultation

Brussels has finally launched its much-anticipated review of the revised Payment Services Directive (PSD2), as well as announcing it is looking for information to inform its work regarding open finance.