Insights

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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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FCA Takes Aim At Dodgy Financial Ads And Promotions

The UK Financial Conduct Authority (FCA) over recent months has requested that numerous buy now, pay later lenders and e-money firms amend marketing materials as part of its job to protect against misleading promotions. The regulator has also warned consumers against unregulated firms and scammers.
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Payments

European Commission To Introduce Access To Cash Legislation

Brussels officials have confirmed that legislation to enhance access to cash for EU citizens is on the way, as the European Commission’s leadership uses the digital euro conference to endorse and protect paper money.
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Payments

Singapore Wants To Axe Corporate Cheques By 2025

The Monetary Authority of Singapore is consulting on a proposal to eliminate corporate cheques by 2025 as processing costs soar, with the aim of also migrating remaining consumer users to alternative payment methods.
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Payments

World Record Powerball Lottery Drawing Delayed

Viewers tuned in across the United States at 11pm Eastern time on Monday to see if they had the winning ticket that would guarantee them the largest lottery jackpot in world history. There was just one problem.
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Gambling

Puerto Rico Issues More Sports-Betting Licences

The Puerto Rico Gaming Commission has authorised seven new companies to operate or support sports betting on the island, according to the agency's interim executive director.
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Gambling

Election Day Means End Of The Beginning For California Sports Betting

It appears to be only a matter of how big the loss will be for two California sports-betting measures on Tuesday, but the debate is not going away and the question is when, not if, a rematch will occur.
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Gambling

UK Education Department Scolded Over Child Data Used By Gambling Firms

​​​​​​​The UK’s data watchdog wants to hand the Department for Education a £10m fine for allowing the personal information of up to 28m children and young people from the age of 14 to be used to benefit gambling companies.
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Gambling

U.S. Sports-Betting Execs Cheer More Rational Marketing Environment

As investors appear more focused than ever on sports-betting operations becoming profitable, executives say companies' promotional expenditures have clearly declined compared with past years.
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Gambling

Fintech Association Documents Mounting Problems With APIs

The European Third Party Providers Association has published a new EU-wide registry of obstacles compiled by third-party providers, which highlights the many problems experienced with application programming interfaces (APIs).
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Payments

ECB Keeps Up Market Rapport In Digital Euro Work

The European Central Bank (ECB) is inviting experts from the payments industry to take part in technical talks to explore options for the provision of programmable payment services as part of the digital euro.
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Payments

Gambling Spared As Colombian Tax Plan Passes

Colombian President Gustavo Petro’s tax reform plan has passed the Senate and the House of Representatives, implementing only minor changes to the occasional gains tax that applies to gambling winnings.
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Gambling

Crown Resorts Savaged Anew With A$120m In Fines, Warnings

The Victoria state casino regulator has punished Crown Resorts anew with fines totalling A$120m ($77m) for serious and illegal misconduct, but growing regulator anger over current management’s “recidivism” may bode much worse for Crown’s survival.
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Gambling

European Trade Group Bosses Share Political Woes

Last week’s Scandinavian Gaming Show gave a group of European trade association chiefs a chance to gather on stage together, lamenting shared woes on unhelpful politicians who select only the best ideas for crackdowns from their neighbours.
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Gambling

Arbitrator Gives Fox Option To Buy FanDuel Stake At $20bn Valuation

An arbitrator has ruled that Fox Corporation can buy more than 18 percent of FanDuel in an option that values the U.S. sports betting and fantasy sports brand at more than $20bn.
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Gambling

’The Right Thing To Do’: New Zealand BNPL Reg Plans Take Shape

New Zealand becomes the latest jurisdiction to be set on regulating the alternative payments product after its increase in use during the pandemic and pressures arising from the cost of living crisis.
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Payments

Singapore Beefs Up CBDC Cross-Border Settlement Project Ubin

The Monetary Authority of Singapore's work with international partners on a wholesale central bank digital currency (CBDC) project has been expanded to become Ubin+.
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Payments

Canadian Government Delivers On Election Pledge To Rein In Credit Card Fees

Canada’s government has announced plans to cap credit card fees for small businesses as it seeks to deliver on election promise.
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Payments

Week In Crypto: First DeFi FX Transactions On Public Blockchain, MoneyGram Launches Crypto Trading

Following months of reporting on crashes, fines and bankruptcies, Week in Crypto is decidedly upbeat this week as J.P. Morgan, DBS and SBI complete the first cross-border transactions on a public blockchain, MoneyGram launches crypto trading and Visa taps into World Cup fever with new NFTs.
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Payments

Daily Dash: FCA Looks For Cost Of Living Answers

The UK’s Financial Conduct Authority (FCA) has called on consumer credit firms to send data in hopes of better understanding the cost of living crisis, Australia has said it will focus on crypto and greenwashing next year, and Stripe has laid off staff due to concerns of economic downturn.
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Payments

Industry Confident Finnish Monopoly On Borrowed Time

Finland could hand out licences for online gambling as soon as 2025, with the prevailing sentiment suggesting it is a case of when, not if, the nation’s monopoly is dismantled.
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Gambling
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EBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment

In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
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CFPB Hits Pause On Open Banking Rule Rewrite

The US Consumer Financial Protection Bureau (CFPB) is backing away from its earlier push to scrap a key open banking regulation, instead asking a federal court to pause litigation so it can develop a revised version of the rule.
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Ukraine Adopts EU-Style Open Banking Rules

The National Bank of Ukraine (NBU) has approved a comprehensive package of regulations to implement open banking in Ukraine, supporting the country's efforts to align with the EU.
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Marcos' Keynote Silence On Gambling Cheers Online Industry

The Philippine President’s avoidance of domestic online gambling issues in this year’s congressional appearance has encouraged the industry and frustrated its foes amid finance secretary support for taxation over prohibition.
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UK Threats Loom Even As Regulator Takes Softer Approach

The UK’s gambling regulator says egregious VIP schemes are a thing of the past and is backing bookies' habit of blocking winning customers, but Westminster politicians eager for reform are striking an altogether different tone.The UK Gambling Commission says that schemes which saw big bettors wined and dined by operators in the hopes of extracting more wagers are largely a thing of the past.
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Boyd Big Winner Among U.S. Casino Operators In Sports Betting Rush

The deal between FanDuel and Boyd Gaming to reacquire five percent of the sports betting giant’s equity serves as a reminder of how much the sports betting industry has changed in terms of acquiring market access.
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Trump Administration Pauses Senate Committee Vote On CFTC Nominee

Brian Quintenz’s nomination to be the next chairman of the Commodity Futures Trading Commission has been sidelined for the second time in the last week, this time at the request of the White House.
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Tanzania Eyes Land-based Gambling Changes After Introducing Tax Increases

The Law Reform Commission of Tanzania is reviewing a host of legal changes to help the country achieve its National Development Vision 2050, including looking at the impact of land-based gambling on young people.
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British Horseracing Authority Fight Against Proposed Tax Change Gathers Support

The British Horseracing Authority (BHA) has announced Lord Allen of Kensington will begin his role as chair on September 1 as its fight against a proposed "racing tax" gains support from a wide range of stakeholders.
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EU Regulators Clarify Scope Of DORA Register Of Information

The latest Q&As from the European Supervisory Authorities (ESAs) aim to address confusion around the EU’s operational resilience framework and the expectations for the Register of Information.
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