Insights

Your window into the complex world of compliance and regulations

Our industry experts regularly spend time with lawmakers, regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

From quick blog insights through to industry events, we provide you with the depth and breadth of knowledge needed to help you make the right business decisions, staying compliant and gaining a competitive advantage.

Automatic Pix Goes Live, Enabling Recurring Payments in Brazil

Pix, Brazil’s instant payments system, has introduced a recurring payments mechanism, aiming to simplify bill payments for consumers.
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Sweepstakes Ban Under Consideration in New York, Vetoed In Louisiana

As one state legislature looks to reinforce regulatory actions against sweepstakes gaming operations, another has seen the governor veto a legislative ban, calling it unnecessary.
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Pay.UK Sets Out Ideas For Reforming UK’s Payments Infrastructure

Payment system operator Pay.UK has unveiled a package of proposed reforms to the organisational framework for interbank payments, urging “radical” change to prevent the UK falling behind on infrastructure and innovation.
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Presidential Decree Confirms Brazil Betting Tax Hike

A sharp increase in the main tax applied to online betting in Brazil became reality late Wednesday when an emergency decree was published in the Brazilian government’s official gazette.
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Malta Bill Breaks EU Law, Say Industry Lawyers

A bill in Malta that would all but block the transfer of court judgments against gambling companies from other EU states breaks EU law, say lawyers that represent the industry, but could buy operators time as they seek to avoid repaying losses in Germany and Austria.
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Gambling

Crypto Should Be Regulated As Gambling, UK MPs Say

A controversial report released by the UK Treasury Committee has said consumer crypto trading should be regulated as gambling rather than financial services.
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Gambling

After Brief Flirtation, States Seek Separation Of Colleges And Sports Betting

Marketing alliances between U.S. sportsbooks and colleges are fast becoming taboo, with lawmakers in Louisiana and Maryland following regulators and industry groups in imposing restrictions in response to damning media coverage.
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Gambling

Former US Congressmen Dodd And Frank Defend Post-Financial Crisis Agency

Authors of the post-financial crisis Dodd-Frank Act speak up in favour of the Consumer Financial Protection Bureau in a constitutional debate which puts in jeopardy 12 years of regulatory actions taken by the agency.
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Payments

No Revisions For Payments Account Directive, Confirms European Commission

The European Commission has ruled out any changes to the Payments Account Directive at present, despite suggesting areas in need of improvement.
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Payments

Australian Banks Join New Fraud Reporting Exchange Platform To Fight Scammers

Australian banks have launched a new digital platform that aims to significantly reduce the time it takes to report fraudulent transfers, in an effort to prevent scammers from cashing out.
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Payments

Fears That New Dutch Ad Restrictions May Drive Players Away

Dutch industry representatives have expressed deep concern that incoming advertising restrictions will drive players to illegal sites.
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Gambling

UK White Paper Called Balanced, As Good As Could Be Expected

UK online slots stake limits are likely to be £5 per spin and £2 for gamblers under 25, two gambling experts have predicted.
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Gambling

Gnashing Of Teeth Continues As U.S. iGaming Drought Persists

After going almost two full years without adding a new state to the six already offering online casino gaming, industry executives hoping for a last-ditch effort to succeed in Illinois have become rather obsessive about ending the drought.
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Gambling

Sports Integrity In Spotlight Amid Series Of Betting Scandals

The series of recent betting-related scandals in U.S. professional and college sports is set to test public perceptions of sports integrity and underlines the importance of athlete education programs, according to league officials speaking at last week’s SBC Summit North America.
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Gambling

Baltics Face Advertising Restriction Dilemma

Estonia’s Ministry of Finance is contemplating a gambling advertising ban, despite its fellow Baltic nations of Lithuania and Latvia outlining the difficulties they are experiencing enforcing similar restrictions.
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Gambling

HSBC And Scotia Capital Fined Combined $68m For WhatsApp (Mis)Use

US securities and derivatives agencies have again fined two banks whose employees used WhatsApp to discuss business matters. Regulators have handed out more than $2bn in fines since their crackdown on such recordkeeping failures started in 2021.
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Payments

Another BNPL Bites The Dust - This Time It’s Fupay

Fupay has become the latest casualty of Australia’s once thriving but now struggling buy now, pay later (BNPL) sector, as firms grapple with higher interest rates and increased funding costs.
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Payments

Payments Industry Entering Era Of Consolidation, Says German Regulator

In a wide-ranging annual report, Germany’s Federal Financial Supervisory Authority (BaFin) has echoed others in Europe by noticing an increase in mergers and acquisitions. It has also said complaints were up and the number of licence applications were down.
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Payments

Finnish Police Issue Conditional Fine Against Betsson Over Illegal Marketing

Finland’s National Police Board has imposed what it calls a conditional €2.4m fine on a Betsson subsidiary, which will be levied alongside payment blocking if it does not comply by June 3.
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Gambling

Oklahoma Tribes Take Cautious Approach Toward Sports Betting

Oklahoma remains one of the key tribal gaming markets that has yet to legalize sports betting, with animosity between tribes and Republican Governor Kevin Stitt expected to forestall regulation for the foreseeable future.
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Gambling

Ontario Regulator Lauds Focus On Suppliers To Keep Out Offshore Market

Ontario gaming officials continue to tout the success of the province’s transition of grey-market operators into a competitive online gambling market.
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Gambling

Ecuador Announces New Taxes On Online Gambling

Ecuador's government has published a tax-reform package that includes a variety of proposals for both local and offshore online gambling operators, as well as Ecuadorian players themselves.
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Gambling

Interview: VIXIO Speaks To UK’s PSR Chief Chris Hemsley

VIXIO interviews the Payment Systems Regulator's (PSR) managing director at the launch of the watchdog’s annual plan, discussing unlocking the power of account-to-account payments, fraud and crypto.
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Payments

New York Targets ’Most Comprehensive’ Crypto Regulation In The US

The New York attorney general has proposed new legislation that aims to provide the “strongest and most comprehensive” regulatory framework for crypto users, businesses and investors in the US.
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Payments
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Bailey Cool On UK CBDC Suggestions

Hopes of a British central bank digital currency (CBDC) were dealt a blow by the governor of the Bank of England, Andrew Bailey, who said he “remained to be convinced” of the need for one.
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EU Lawmakers Insist Digital Euro Must Safeguard Privacy And Preserve Cash Access

The European Parliament’s Civil Liberties Committee (LIBE) has called for stronger guardrails for privacy and guaranteed access to physical cash in its opinion on the EU's proposed legislation to establish a digital euro.
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Regulatory Influencer: Malta’s Key Observations on Website Practices of Crypto-Asset Service Providers

Earlier in the year, the Malta Financial Services Authority (MFSA) conducted a thematic review of websites belonging to all the crypto-asset service providers (CASPs) authorised by the MFSA in relation to Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA). This was part of the MFSA’s commitment to consumer protection, ensuring that the information provided was fair, transparent and not misleading. Following its review of websites, the MFSA sent out a Dear CEO letter to CASPs laying out its findings.
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Regulatory Influencer: The Philippine Central Bank As Payments Policeman And… Online Gambling Saviour?

The Philippine online gambling industry’s rapid transition from a disgraced foreign-facing segment to flourishing domestic sector is approaching a crunch moment as payments channels come under unprecedented scrutiny.
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Peru President Vetoes Consumption Tax Bill

Peru’s president has partly vetoed a bill that would reduce the impact of a controversial consumption tax applied to online gambling.
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Ukraine Releases Flurry Of Consultations As It Seeks To Update Gambling Rules

Ukrainian licence holders will only have two months to comply with a long list of updated regulations under a key new proposal, as the country unleashes a flurry of consultations aimed at updating and aligning rules as well as improving industry oversight.
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California Tribes Seeking Second Win With Anti-Sweepstakes Legislation

In the wake of an opinion from California’s attorney general that threatens the future of daily fantasy sports in the state, Indian gaming tribes are looking to score a second major policy victory that could threaten sweepstakes operations as well.
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Pennsylvania Issues New Guidance For Virtual Dealers, Promo Bets

Pennsylvania regulators have issued a deadline for online gaming operators and suppliers to come into compliance with a series of new requirements for virtual dealer table games and a specific version of online blackjack.
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ECB Marches On With Digital Currency Plans

The European Central Bank (ECB) is drafting a new digital asset scheme rulebook as it lays the groundwork for the introduction of a digital euro.
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UK Strategy Targets Growth Via Payments And SM&CR Changes

Finance minister Rachel Reeves has unveiled reforms intended to inject momentum into the economy, promising to slash red tape and accelerate upgrades to the country’s payments infrastructure.
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