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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Finland Election Winners Want To End Monopoly

The winners of Finland’s recent general election have said they are keen to “give up” the Veikkaus monopoly and move the country to a licence-based system for online gambling.
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Gambling

News In Brief: April 3-April 6, 2023

Curaçao minister promises industry tour, Missouri sports-betting bill pulled and Crown Resorts data emerges on the dark web.
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Gambling

EU Banking Groups Voice Concerns As Digital Euro Looms

The European Savings Banks Group and European Banking Federation have both set out their thoughts on where the most pertinent risks exist for the introduction of a digital euro.
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Payments

UK BNPL Consultation and Beyond: Regulatory Impacts on Firms

The aim of this regulatory analysis is to bring attention to the expansion of the use of buy now, pay later (BNPL) products, with a focus on the UK’s approach. It also provides an overview of other countries’ positions towards this type of product to highlight the main differences in their approaches.
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Payments

RBA Sees Promise In QR Code Payments, But Will Australians Follow?

As the Reserve Bank of Australia (RBA) gets behind efforts to expand QR code payments, we ask whether a market dominated by debit and credit cards is open to change.
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Payments

Impact Index March 2023

VIXIO’s impact index rose 23 points in March, continuing the steady rise but below the same period last year, a year after sanctions.
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Payments

Under Siege, Gaming's King Of The South Mulls Internet Sports Betting

As bordering states such as Tennessee and Louisiana continue to produce impressive revenue from online wagering, Mississippi is finally taking a hard look at expanding its sports-betting operations to the internet.
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Gambling

Botswana Advances Online Licensing Plans

Botswana’s gambling regulator has published a draft betting licence application, kickstarting the country’s long-held ambition to grow its sports betting and online gambling industry.
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Gambling

Ontario Officials 'Thrilled' At One-Year iGaming Anniversary

Ontario’s gaming industry on Tuesday celebrated the first anniversary of private online gambling operators launching in the province, with top provincial officials hailing year one of regulated iGaming as a major success.
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Gambling

Mendoza Awards Online Betting Licences

Argentina’s province of Mendoza has finally announced its long-awaited list of successful online gambling licence applicants, accepting five of the ten applications.
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Gambling

White Label Provider TGP To Pay Six-Figure UK Penalty

The UK Gambling Commission has assessed white label operator TGP Europe £316,250 over a series of anti-money laundering and social responsibility failings.
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Gambling

Sweden Warned Supplier Licensing Won't Stop Black Market

Sweden’s goal to limit the supply of services to the black market by licensing suppliers will be “easy to circumvent” and companies remain confused about how many permits they should apply for, say several people close to the market.
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Gambling

Canada Cuts Credit Card Interchange Fee For Small Businesses

In its Budget 2023, the Canadian government said it has secured commitments from Visa and Mastercard to lower credit card interchange fees for small businesses, but some merchants say the measures do not go far enough.
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Payments

QR Code Payment Linkage Between Singapore, Malaysia Goes Live

The central banks of Malaysia and Singapore have announced that a new QR code payment linkage between the two countries is now live, in another win for regional connectivity.
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Payments

EU Banking Watchdog Attempts To Solve Continent’s De-Risking Problem

The European Banking Authority has issued its final guidelines on de-risking, which it hopes can stop banks in the trading bloc from using anti-money laundering controls to deny access to customers.
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Payments

New Sheriff In Nevada Governor's Mansion Seeks Regulatory Changes

Facing a deadline set for the end of the month, the Nevada Gaming Control Board will host a workshop next week to receive industry input on whether a selected group of gaming regulations should be deleted or updated before a final list is eventually submitted to the governor’s office.
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Gambling

UK Trade Group Backs Likely Statutory Levy

UK trade group the Betting and Gaming Council has said it welcomes the idea of a mandatory levy to fund research, education and treatment services as long as it “is independent and tiered to protect land-based operators”.
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Gambling

Payments Ecosystem Ponders Role In ESG World

Payments industry interest in environmental, social and governance (ESG) issues continued to bubble at the Merchant Payment Ecosystem conference this year, as panellists considered how to approach the sustainability juggernaut.
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Payments

Consumer Duty Grey Lines - FCA Discusses Acquirers And Open Banking Firms

The UK's Financial Conduct Authority (FCA) has emphasised there is no one size fits all solution when it comes to Consumer Duty and firms, including merchant acquirers and open banking firms, may be in scope to the extent they influence good consumer outcomes.
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Payments

Denmark Latest Country To Highlight Social Media Concerns

The Danish gambling regulator is showing no signs of slowing its efforts to tackle illegal gambling and improper promotions on social media sites and streaming platforms, after stepping up its enforcement action in 2022.
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Gambling
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President Trump’s Tax Bill Raises Slot Tax Reporting Threshold

A tweak to the tax bill signed by President Donald Trump would modernize gaming tax policy by increasing the threshold for reporting jackpot wins on slot machines and video lottery terminals in casinos.
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Gambling Commission Fine Transparency Improving But UBO Rules Cause Concern

The Gambling Commission's new criteria for imposing fines will help increase the transparency around predicting fine amounts, but some concerns remain over how the rules impact ultimate beneficial owners (UBOs), according to legal experts.
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Consultation May Signal End Of Surcharges In Australia

The Reserve Bank of Australia (RBA) has opened a consultation into card surcharging, which it says is no longer achieving its intended purpose of guiding consumers towards efficient payment choices.
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EBA Clarifies PSD2 Scope On Credit, Postal Orders And Fuel Cards

The European Banking Authority (EBA) has published clarifications on applying the revised Payment Services Directive (PSD2), covering the definition of credit, the status of postal money orders, and the classification of fuel cards as payment instruments.
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Wise Fine Highlights Evolution Of US Payments Regulation

The $4.2m fine for money laundering and Bank Secrecy Act (BSA) violations reflects both a trend towards local enforcement and a sharpened focus on anti-money laundering and counter-terrorism financing (AML/CTF).
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DraftKings Pays $3m To Settle Connecticut Marketing Investigation

DraftKings has agreed to return more than $3m to players and pay a $50,000 penalty in a second high-profile settlement announced by Connecticut regulators in as many months.
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Romanian Gambling Ad Restrictions Incoming But Lawyers Flag Need For Clarity

Romania’s new Audiovisual Code introduces several important changes, clarifications and restrictions; however, questions raised about the definitions, such as sports personality or influencer, have not been “thoroughly defined”, according to legal experts.
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Australia’s Project Acacia Blossoming Into Six-Month Testing Phase

Project Acacia, Australia’s research program into wholesale digital currency, has reached a “significant milestone”, with participants selected to explore innovations in digital money and settlement infrastructure.
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Big Tech Joins Forces With Telcos Under Hong Kong’s Latest Anti-Scam Charter

Financial regulators in Hong Kong have announced the launch of a new anti-scam charter that will see telcos and big tech firms participate for the first time.
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U.S. Senate Fails To Roll Back Change To Gambling Tax Deductions

The effort to reverse one of the tax hikes in President Donald Trump’s “One Big, Beautiful Bill” came up short in the Senate on Thursday due to opposition from a lone senator who sought to add an exemption of religious colleges from the federal endowment tax.
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