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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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Bank Of Lithuania Intervenes In Kevin EU Operations Over Financial Reporting Delays

The Bank of Lithuania has appointed a temporary representative to oversee fintech Kevin EU’s operations due to significant concerns about the company's safety and reliability.
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Payments

Revolut (Finally) Gets A UK Banking Licence… With Restrictions

The UK’s Prudential Regulation Authority has granted Revolut a banking licence with restrictions, marking a significant milestone in the fintech’s expansion into the country’s banking sector.
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Payments

Payment Service Providers Operating In Lithuania Need To Improve User Experiences

The Bank of Lithuania has told the country's payment service providers to continue enhancing the user experience they provide.
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Payments

Daily Dash: Four UK Banks Breached Competition Rules, Says Regulator

The UK’s Competition and Markets Authority has sanctioned four UK banks for misleading customers, while the US Consumer Financial Protection Bureau has warned against corporate intimidation of whistleblowers.
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Payments

UK Government Selects Surprise Appointment As New Gambling Minister

The UK government has announced the surprise appointment of Baroness Fiona Twycross as the minister for gambling and Lords minister.
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Gambling

Brazil Betting Operators Face Rio Blocking Battle

Major operators have warned that their platforms are now being blocked in the state of Rio de Janeiro, despite the transitional provisions included in new federal regulations in Brazil.
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Gambling

Tribes Facing Difficult Reality After U.S. Supreme Court's Florida Ruling

Tribes that already operate casinos or retail sports betting may find it difficult to amend their compacts to replicate the state-wide, hub-and-spoke mobile wagering model offered by the Seminole Tribe in Florida, according to a prominent tribal gaming attorney.
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Gambling

Delays In Withdrawing Funds Called Top UK Regulatory Complaint

Delays in withdrawing funds are the top customer complaint reported to the UK’s Gambling Commission, and it is unacceptable for operators to “introduce friction” at the time of withdrawal rather than at deposit, its chief executive has said.
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Gambling

One Third Of UK Adults Have Embraced Mobile Contactless Payments

In a significant shift in consumer payment behaviour, one third of UK adults now use mobile contactless payments at least once a month, according to a new report by UK Finance in collaboration with Accenture.
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Payments

Regulatory Influencer: US CFPB Seeks to Expand Supervisory Authority to Include Big Tech and Other Non-Bank Digital Payment Applications Providers

The US Consumer Financial Protection Bureau (CFPB) has issued a proposed rule, titled “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications," which would establish the CFPB’s supervisory authority over certain non-bank covered persons participating in a market for general-use digital consumer payment applications.
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Payments

New Zealand Regulator Argues Against Scrapping Interchange Fees

New Zealand’s Commerce Commission has come out against removing interchange fees, which make up the bulk of merchants’ payment acceptance costs, but is considering revised fee caps.
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Payments

FTC Investigates Mastercard And Others Over Surveillance Pricing Practices

The US Federal Trade Commission (FTC) has launched an investigation into eight companies suspected of using surveillance pricing practices.
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Payments

Daily Dash: FCA Imposes New Rules On Bank Branch Closures In Cash-Poor Areas

The UK’s financial regulator is stepping in to ensure that bank branch closures do not lead to cash shortages in local areas, while Italy has seen a downturn in suspicious transaction reports so far in 2024.
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Payments

Isle Of Man Cancels Online Gambling Licences In Crime Probe

The Isle of Man’s gambling regulator has cancelled the licences of two online gambling operators that have been under criminal investigation since at least April.
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Gambling

State Lotteries Have One Eye On Regulations And One Eye On Operations

Expanded responsibilities to oversee new forms of gambling such as sports betting are creating new challenges for U.S. state lotteries to juggle their dual roles of operators and regulators.
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Gambling

U.S. Sports-Betting Operators Warn Of Over-Taxation

Executives with leading operators have warned state lawmakers that excessive tax rates risk stretching the U.S. sports-betting market past its breaking point.
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Gambling

UK Regulator Defends Problem Gambling Stats Feared By Industry

A Gambling Commission official has firmly defended its upcoming release of statistics from the Gambling Survey for Great Britain as “open and transparent”, and prepared to set a “new baseline” for tracking gambling-related harm over time.
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Gambling

UK Big Tech Review Could Drive Account-To-Account Payments Adoption

The UK’s Payment Systems Regulator and the Financial Conduct Authority are evaluating the benefits and risks of digital wallets for consumers and businesses, which may lead to new incentives for account-to-account (A2A) payments.
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Payments

Brazil Delays Recurring Payments Feature For Pix Until June 2025

The Central Bank of Brazil has announced a new timeline for the implementation of recurring payments on its highly popular Pix platform.
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Payments

Maryland iGaming Bill's Failure Sets Up Renewed Effort In 2026

A bill to allow Maryland voters to decide whether to legalize internet casino gaming failed to get out of the legislature and onto this year’s ballot due to strong and coordinated opposition from unions representing casino workers and several gaming companies.
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Gambling
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Cross-Border Retail Payments Platform Set To Boost Regional Trade Integration in Africa

The Common Market for Eastern and Southern Africa’s (COMESA) Digital Retail Payments Platform (DRPP) is a landmark step for regional financial integration, enabling payment service providers and banks to expand cross-border services, reduce transaction costs and capture emerging opportunities in 2026 and beyond.
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Ghana Moves Towards Comprehensive Virtual Asset Regulation In 2026

Ghana is preparing for a major shift in its regulatory approach to virtual assets, with the Virtual Asset Service Providers (VASP) Bill 2025 set to introduce a structured, risk-based regulatory framework for virtual asset activities.
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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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