Insights Archive

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regulation, intended to extend provisions in open banking to a wider financial services context, has been tipped to be withdrawn by the European Commission.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.

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