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.

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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AI Joint Venture Demonstrates UAE’s Digital and Financial Ambitions

The Middle Eastern state continues to harness financial services as an asset, moving to modernise its payments infrastructure through a public-private initiative involving the deployment of artificial intelligence (AI).
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Brazil Minister Rattles Industry With Regulatory Remorse

The government minister responsible for Brazil’s federal betting regulator is considering stricter rules on advertising and online casino games and says he would even outlaw online gambling altogether if given the opportunity.
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Romanian Government Eyes Legislation To Decentralise Gambling Licensing

Romanian Prime Minister Ilie Bolojan has announced that his government plans to propose a draft legislation that will enable municipal authorities to decide on licences for local gambling outlets.
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UK More Likely To Have CBDC Than Not, BoE Cunliffe Tells MPs

Although the Bank of England has not yet taken a decision on whether to issue a digital pound, it is more likely for the UK to adopt one than not, Jon Cunliffe, deputy governor of the Bank of England, has said.
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Payments

Klarna UK Brings Back Late Payment Fees, As Global Losses Hit $1bn

Klarna’s UK business has announced that late payment fees will be returning to the platform, while Klarna’s global business has hit the headlines again following record losses in 2022.
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Payments

Taking Matters Into Their Own Hands: How The Euro Banking Association Is Helping PSPs Prevent Fraud Without Regulation

The Euro Banking Association fraud taxonomy aspires to create a pan-EU set of definitions to help banks, fintech and payments operators grapple with the ever-evolving problem. VIXIO speaks to the association to find out more.
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Payments

Data Protection Laws Hindering Financial Crime Fight, Say Payment Execs

Top payments industry professionals believe that existing data protection laws are acting as a “barrier” in the fight against financial crime, but is a “central depository” for the sharing of such data the solution?
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Payments

FATF Suspends Russia Membership, Adds Nigeria, South Africa To Greylist

The international standard-setting body has decided to suspend Russia’s membership as a result of its year-long aggression against Ukraine while announcing updates to its “greylist”.
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Payments

Missouri VLT Bill Backers Seek Other Legislative Opportunities

After coming up short five times in efforts to legalize video lottery terminals (VLTs) as part of legislation legalizing retail and mobile sports betting in Missouri, one veteran Republican state senator still believes regulating and taxing these machines is crucial to halting the expansion of grey-market games.
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Gambling

Massive Promotional Spend Powers Ohio's First Sports-Betting Month

Ohio regulators announced Tuesday that the state has shattered the all-time U.S. record for gross revenue in its first month of sports betting, aided by a stunning promotional blitz by the market leaders.
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Gambling

Australian Anti-Gambling Group Warns Of Predatory Facial Recognition

A leading Australian anti-gambling group is warning that gambling companies could use facial recognition technology to subvert responsible gambling reforms, a key election issue for the nation’s most populous state.
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Gambling

Belgian Regulator Takes Aim At Ad Ban

Belgium's planned ban on gambling advertising has come under renewed fire from the country’s gambling regulator over fears it will strengthen the black market, despite there being no firm evidence to support the claim.
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Gambling

UK Will Ban VIP Pampering, Set Slots Limits, Newspaper Says

The long-awaited UK gambling white paper will ban VIP loyalty packages, set online slots limits and will finally arrive at the end of this month, according to the Financial Times.
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Gambling

UPDATE: US Financial Data Privacy Law Introduced In Congress

Patrick McHenry, the chairman of the House Financial Services Committee, has formally introduced a bill that seeks to modernise the 20+ year-old federal privacy law.
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Payments

Up Your Compliance Game, Bank Of Lithuania Tells Payments Firms

Lithuania’s central bank has chastised payments and electronic money institutions in the country, telling VIXIO that the rapid growth currently being experienced in the sector must go hand-in-hand with better compliance.
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Payments

New York Regulators Approve New Sports-Betting Advertising Rules

New York regulators approved a set of proposed rules on Monday that would enact new marketing restrictions on college campuses and severely limit affiliate marketing agreements.
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Gambling

Czech Finance Minister Targets Gambling Tax Hike

The Czech Republic’s finance minister, Zbyněk Stanjura, has said he is planning to introduce a higher tax rate for gambling.
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Gambling

Operators, Affiliates Seek Changes To Massachusetts Marketing Regulations

The Massachusetts Gaming Commission is scheduled to vote on Wednesday on amendments to its operative rule prohibiting marketing affiliate revenue-share or cost-per-acquisition deals, following public input from affiliate representatives and sports-betting operators.
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Gambling

UK Government’s Payment Services Regulations Review and Call for Evidence

This analysis focuses on the objectives of the review, as well as what the government has intentionally left outside its scope, its connection with other government initiatives and potential impacts on the payments industry.
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Payments

Data Dive: Exploring Northern Europe’s Dominance In EU Payments Licensing

Following new data published by the European Banking Authority exploring the authorisation processes of payment firms between 2019 and 2021 across the EU, VIXIO takes a brief look at the trends behind these numbers, which show significant activity in Northern Europe.
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Payments

US Axes Low-Cost Cross-Border Service Due To Low Adoption

The US Federal Reserve has announced the end of its little-known international ACH service called FedGlobal to Europe and Canada in the coming months.
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Payments

UK Industry Claims ’No Real Competition’ In Card Acquiring

The Payment Systems Regulator has issued a call for evidence as part of its investigation into whether there is enough competition in the card scheme and processing market.
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Payments

FSB Unveils Action Plan For G20 Cross-Border Payments Roadmap

The Financial Stability Board (FSB) has published a new report setting out its priority actions for achieving the G20 targets on enhancing cross-border payments, and has called on further input from industry leaders.
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Payments
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Wyoming Stablecoin Launch The Latest Step In Mainstreaming Of Digital Assets

The Frontier Stable Token (FRNT) is the first fiat-backed, fully reserved stable token issued by a public entity in the US, and demonstrates the impact of both ongoing advocacy of cryptocurrencies and the GENIUS Act.
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Mapping EU Legislation: Regulation (EU) 2023/1114 (MiCA)

Regulation (EU) 2023/1114 (Markets in Crypto-Assets – MiCA) was published on June 9, 2023. It provides specific rules and requirements for crypto-assets, related services and activities that were previously not covered by Union legislative acts on financial services. This Mapping EU Legislation: MiCA page lays out the key dates, transition deadlines for member states, as well as any RTS, ITS, delegated regulation, implementing regulation or guideline issued and published. It will be updated in line with any MiCA update.
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FanDuel Takes Plunge Into Prediction Markets

FanDuel has taken a major step toward entering the surging prediction-market space Wednesday, announcing a partnership with the largest derivatives exchange operator in the U.S.
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Regulatory Influencer: New Jersey Bans Online Sweepstakes Casinos But Who’s Next?

New Jersey has joined the list of U.S. states that have chosen to completely ban sweepstakes casinos.
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India Bill Banning Real-Money Online Gaming Passes Lower House

A bill banning online real-money gaming has passed India’s lower house within hours of its introduction and with no debate, signalling a central government ambush on an industry now staring at oblivion.
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Nevada Gaming Salon Reform Up First On Post-Legislative Regulatory Agenda

After a Nevada legislative session that included the passage of several gaming reform bills, state regulators have begun the process of considering new regulations or amendments to current rules that are required to implement the statutory changes.
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Brazil VLT Market Advancing, But Legal Challenges Loom

Brazilian state and municipal governments are not waiting for new federal legislation to expand their gaming markets through video lottery terminals offering casino-style games, with the state of Rio de Janeiro now entering the fray.
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Treasury and States Step Up Fight Against Digital Asset Fraud

The US Treasury has launched a consultation on tackling illicit finance in crypto, and Illinois has introduced sweeping consumer protection laws, signalling growing federal–state momentum against digital asset fraud.
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US Banks, Fintechs Clash Over ‘Exorbitant’ Open Banking Access Fees

With Section 1033 in limbo, banks’ proposed charges for account data access highlight legal ambiguities and regulatory gaps that could shape the trajectory of open banking policy in the US.
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Thailand Launches Sandbox For Tourist Crypto-To-Baht Payments

The Securities and Exchange Commission (SEC) has launched an 18-month sandbox, TouristDigiPay, allowing visitors to convert digital assets into Thai baht for spending as e-money, linking regulated asset operators and e-money providers.
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