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Europe Advances Plans For Real-Time Payments Connectivity With Asia

By linking its TARGET Instant Payment Settlement (TIPS) system with India and Southeast Asia, the European Central Bank (ECB) is accelerating real-time payments globally and challenging European payment service providers (PSPs) to prepare for faster flows and competitive pressures.
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Prolonged Limbo On Open Banking Leaves US Financial Sector Navigating Uncertainty

A renewed push from Democratic senators highlights how the stalled Personal Financial Data Rights (PFDR) rule is forcing banks and fintechs to rethink strategy, as shifting political priorities threaten a stable data-access framework for the long term.
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US Open Banking Rule Highlights Industry Divisions Over Data And Fees

By defining who can access consumer data, whether fees are allowed and compliance timelines, the Personal Financial Data Rights final rule (PFDR Rule) underscores continuing legal and market tensions between banks and fintech innovators.
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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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Trump Administration To Scrap Corporate Transparency Act For US Citizens, Companies

In the latest twist to the rollout of the Corporate Transparency Act, the Trump administration has vowed to exempt US citizens and companies from its controversial beneficial ownership reporting requirements.
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Payments

SEC Issues Staff Statement On Meme Coins, Describes Them As 'Collectibles'

The US Securities and Exchange Commission (SEC) has announced that meme coins, such as the one issued by President Trump, are akin to "collectibles" and will not be considered "securities".
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Payments

EU's Reliance On Foreign Card Schemes Raises Sovereignty Concerns For ECB

A new report on the state of the European card payments market suggests that the EU’s continued dependence on international card schemes and foreign-owned payment processors is a threat to the bloc’s financial sovereignty.
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Payments

Regulatory Influencer: Papua New Guinea Edges Towards CBDC As US Runs In Opposite Direction

At the end of January 2025, Papua New Guinea became the latest Asian country to move towards implementing a central bank digital currency (CBDC), less than a week after new US President Donald Trump issued an executive order prohibiting the US government from issuing a CBDC.
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Payments

FiDA Lives To See Another Day As European Commission Backs Away

The Framework for Financial Data Access (FiDA), which should enable open finance in the EU, has not been withdrawn by the European Commission as earlier leaked documents suggested.
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Payments

PSR To Launch Consultation On APP Scam Reimbursement System In April

The UK’s Payment Systems Regulator (PSR) has announced the next step in its fight against authorised push payment (APP) scams: a consultation on the regulatory requirements for a centralised reimbursement claims management system.
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Payments

Daily Dash: Russia's Central Bank Issues QR Code Payment Security Rules

The Central Bank of Russia has introduced a new set of guidelines to enhance the security of QR code-based payments and transfers.
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Payments

Singapore To Create New Entity To Manage Payments Ecosystem

The Monetary Authority of Singapore and the Association of Banks in Singapore have announced the creation of a new entity to oversee and govern the country’s national payment schemes.
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Payments

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.
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Payments

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.
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Payments

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.
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Payments

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.
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Payments

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.
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Payments

Australia Consults On New BNPL Oversight

The Australian government has launched a public consultation on proposed amendments to the National Consumer Credit Protection Regulations.
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Payments

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.
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Payments

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.
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Payments

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.
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Payments

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.
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Payments

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.
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Payments

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).
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Payments
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Is the Digital Banking Licence the Answer to Nigeria’s Lending Struggles?

The Central Bank of Nigeria’s (CBN) fintech report outlines the country’s readiness to align financial innovation with market-friendly regulations, aiming to create long-term opportunities for digital lenders.
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Vixio’s Verdict: The UK Financial Conduct Authority’s Case Against HTX — Setting the Precedent for Extraterritorial Regulatory Action

On February 10, 2026, the UK’s Financial Conduct Authority (FCA) published its legal proceedings, which it had filed on October 21, 2025, against Panama-incorporated crypto exchange HTX (formerly Huobi Global) for illegal, continued promotion of services to UK consumers.
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Regulatory Influencer: The EU AI Act - From Principles-Based Guidance to Sector-Specific Supervision

The European Union’s AI Act, Regulation (EU) 2024/1689, represents the first comprehensive, binding framework for the development, deployment and use of artificial intelligence across the European Union. Having entered into force on August 1, 2024, the regulation is subject to a phased implementation timetable. While certain provisions are already applicable, the majority of obligations most relevant to the financial services sector are scheduled to apply from 2026. As a result, financial services firms have a narrowing window to assess their AI use cases, align governance frameworks and prepare for supervisory scrutiny.
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Vixio's Verdict: Unpacking the EU Anti-Money Laundering Authority's Future Plans

On February 4, 2026, the EU’s Anti-Money Laundering Authority (AMLA) published its single programming document (SPD) for 2026-2028, its first multi-year plan. Published at a critical juncture in AMLA’s operation, with the institution seeking to deliver upon its core mandates, this analysis will examine the SPD and look at its implications for impacted firms, as well as provide Vixio’s initial response to AMLA’s plans.
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Guarding the Rails: Payments Infrastructure Sovereignty In A Fragmenting World

Growing geopolitical tensions are forcing countries to reassess their critical national infrastructure, with growing political focus on the sovereignty of domestic payment rails.
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BRICS’ Digital Currency Plans Aim to Reshape Cross-Border Payments

In considering linking their central bank digital currencies (CBDCs), the BRICS economies are seeking to redesign global financial plumbing to reflect the bloc’s growing weight in the world economy.
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Regulatory Influencer: Earned Wage Access in Flux in the US - Navigating CFPB Guidance and State Divergence

On December 23, 2025, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion to resolve regulatory uncertainty surrounding the applicability of the definition of “credit” under the Truth in Lending Act (TILA) and its implementing regulation, Regulation Z, to Earned Wage Access (EWA) products.
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India's New Data Protection Regime To Transform Compliance Landscape

In November 2025, India’s Ministry of Electronics and Information Technology operationalised the Digital Personal Data Protection Rules 2025 (DPDP), bringing the Digital Personal Data Protection Act 2023 into a unified, citizen-centred framework.
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Australia Set To Bring Digital Asset Platforms Under Full Financial Services Regulation

Australia is poised for a significant regulatory shift in 2026 as the government moves to integrate digital asset and tokenised custody platforms into the existing financial services framework.
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Singapore And Malaysia Lead The Charge On AI Regulation in Asia-Pacific

Artificial intelligence (AI) regulation is accelerating across Asia-Pacific, as supervisors respond to rapid uptake of machine-learning models in credit, fraud detection and customer engagement.
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