Insights Archive

October 29, 2021

Is The End Nigh For 90-Day SCA?

The European Banking Authority has launched a public consultation on the amendment of its regulatory technical standards on strong customer authentication and secure communication regarding the 90-day exemption — a notorious bugbear in the revised Payment Services Directive (PSD2).

October 29, 2021

Dutch Self-Exclusion Programme Delayed Almost Three Weeks

The Dutch central self-exclusion programme, CRUKS, was not in full operation until October 20, nearly three weeks after the opening of the licensed online gambling market, according to a government minister.

October 29, 2021

Caesars Expects To Replicate D.C. Success In More Non-Traditional Venues

The successful development of a non-traditional sportsbook inside Capital One Arena in downtown Washington, D.C., has forever changed the relationship between sports leagues, franchises and bookmakers, according to an executive with operator Caesars Entertainment.

October 29, 2021

Illinois Legislature Approves Sunset Date for In-Person Registration

Illinois’ requirement for players to register in person for a mobile sports-betting account will end in time for the NCAA Men’s Basketball Tournament in March, following a last-minute push by the state legislature Thursday.

October 29, 2021

Puerto Rico Preparing For Sports Betting By Super Bowl

Puerto Rico will start accepting sports-betting license applications as soon as next month with the aim of seeing operators go live by Super Bowl weekend in February, according to the island’s chief gaming regulator.

October 29, 2021

News In Brief: October 25-October 29, 2021

Sweden's gambling restrictions set to end for now, the Seminole Tribe ties up pre-launch sports-betting deals and Crown Resorts settles its costly China law suit.

October 28, 2021

Spain Rolls Out Register For Virtual Asset Service Providers

The Bank of Spain has released details of its register for virtual asset service providers, requiring all businesses that provide virtual currency services in the country to register with the central bank.

October 28, 2021

PSR Set To Introduce New ATM Rules

The UK’s Payment Systems Regulator (PSR) has launched a consultation on new rules for LINK, the free cash machine network.

October 28, 2021

Klarna And Stripe Announce Strategic Partnership

Klarna and Stripe, the two highest valued fintechs in the world, have announced a strategic partnership that will bring Klarna’s buy now, pay later product closer to consumers in 20 countries and enable Stripe to offer more competitive solutions to merchants.

October 28, 2021

Rishi’s Budget Divides Opinion Among UK Finance Industry

Although the UK’s largest financial institutions are winners from the UK Chancellor’s budget announcement on Wednesday, others are concerned that it undermines the country’s burgeoning fintech sector.

October 28, 2021

Remote Registration On Agenda In Illinois Session's Final Days

With an Illinois legislative session set to end on Thursday, an 11th-hour proposal has been put forward to end the state’s cumbersome in-person registration requirement for mobile sports-betting accounts.

October 28, 2021

Ukraine To Pick New Chief Regulator

Ukraine’s gambling regulator is preparing to choose who will lead it into the next four years, as parliament works to settle disputes over the process and finally deal with long-running tax problems.

October 28, 2021

Brazil Ready To Show Its Hand On Sports-Betting Regulations

Brazil will definitely launch its regulated sports-betting market before next year’s FIFA World Cup, with details of the regulatory process set to be revealed very soon, a key government official said on Tuesday.

October 28, 2021

UK Criminal Justice Oblivious To Problem Gambling, Says Charity

The UK must do more to address the impacts of crime related to problem gambling, according to a UK prison reform charity.

October 27, 2021

Harmonisation Key To Effectiveness Of AML Package, EU Players Warn

Although greater harmonisation has been welcomed almost universally in Europe, the EU’s anti-money laundering (AML) package must be serious about reining in fragmentation, private and state actors alike have warned.

October 27, 2021

Indonesia Joins Payment Digitalisation Trend With New BI-FAST Service

Indonesia is about to join the region’s digitalisation trend as it announces plans to roll out a new instant payment service before the end of the year.

October 27, 2021

B2B Payments Continue Steady Growth During Pandemic

Business-to-business (B2B) payments are showing particularly strong growth in the United States, indicating that the pandemic has changed businesses' payments habits in the long run, recent findings of the U.S. ACH association say.

October 27, 2021

CBDC Starts Now? Nigeria Becomes Largest Economy To Date To Launch

Nigeria has unveiled its central bank digital currency (CBDC), the eNaira, becoming the first African country to do so.

October 27, 2021

Dutch Market Withdrawal Pounds Kindred In October

Kindred Group's gross winnings fell off a cliff in October as the online gambling company was forced to pull out of the Netherlands.

October 27, 2021

Hard Rock, Caesars Plan New York City Casino Bids

Executives from two major casino operators said Tuesday that their companies expect to bid for a potential casino license in New York City.

October 27, 2021

New Jersey Sports-Betting Handle Expected To Surpass $10bn In 2021

The leading gaming regulator in New Jersey on Tuesday said his state’s sports-betting handle this year could double the highest amount ever recorded in Nevada.