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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EPI Chief Tells EU Regulators: Put Your Money Where Your Mouth Is

Martina Weimert, the European Payments Initiative (EPI) chief executive, let her feelings be known loud and clear about the EU authorities pushing for the pan-EU payments project, telling them that the private sector cannot be the only ones footing the bill.
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Payments

Apple Enters BNPL Arena, Launches New POS Solution For Merchants Using iPhone

Apple’s iOS 16 operating system is almost here, and its latest version of the Apple Wallet app is set to come with a buy now, pay later (BNPL) surprise.
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Payments

Japan To Mull Sports-Betting Expansion, Says Report

The Japanese government is again considering expansion of the sports-betting market, with a ministerial proposal to be discussed in detail at a sports policy conference next month, the Yomiuri Shimbun newspaper reported on Tuesday.
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Gambling

Ontario Regulator Urges Operators To Stay Within Advertising Standards

Officials from Ontario’s gaming regulator sought to make it clear Tuesday that operators should stop testing the boundaries of the province’s advertising restrictions.
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Gambling

DraftKings Boss Confident California Initiative Will Pass, Eyes 2023 Launch

DraftKings is eyeing further expansion into California, Texas, North Carolina and its home state of Massachusetts, but does not expect to raise additional capital before it reaches profitability, according to CEO Jason Robins.
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Gambling

LeoVegas Investigated In Sweden Over Possible Insider Trades

​​​​​​​LeoVegas has been contacted over what the company calls a “preliminary investigation” and a Swedish newspaper calls a “raid” by the Swedish Economic Crime Authority because of suspected insider trading.
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Gambling

EBA Plots Licence Withdrawal For Serious AML Breaches

Proposed new rules would formalise the ability for European authorities to recommend to national counterparts to remove the licence of financial firms that breach regulations, while evidence suggests that this could hit payment firms the hardest.
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Payments

Japan Takes Lead In Stablecoin Regulation As Bill Passes Through Parliament

Japan has become one of the first advanced economies to introduce a legal framework for stablecoins, amid renewed focus from regulators following the collapse of TerraUSD.
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Payments

India Opens Up Bharat Bill Payment System To Smaller Non-Bank Users

A new amendment to India’s Bharat Bill Payment System guidelines means that smaller non-bank entities will now be eligible to join.
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Payments

Americans Lost $1bn To Crypto Scams, FTC Says

US consumers reported losing more than $1bn to fraud involving cryptocurrencies from January 2021 through to March 2022, new analysis from the Federal Trade Commission (FTC) has found.
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Payments

European Prosecutor Hails Improved Fraud Action, But Acknowledges More Needs To Be Done

The first year of operations of the European Public Prosecutor’s Office shows that it is working well, the authority has said, as it calls on member states to up their game.
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Payments

MAS Expands Customer Security Requirements For Online Banking

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have set out additional measures to further safeguard customers from digital banking scams.
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Payments

Finland's Supreme Court Says Fantasy Sports Belong To Monopoly

A long-running dispute over whether popular fantasy sports games are legal under Finland’s monopoly gambling law has ended with victory for the state.
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Gambling

UN Group Calls On Poland To Amend Gambling Rules, Create New Regulator

The Polish branch of a United Nations corporate responsibility initiative has celebrated the country’s apparently shrinking black market, but is still pushing for a regulatory overhaul.
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Gambling

Rush Street Interactive CEO Ties Online Profitability To Player Retention

Rush Street Interactive CEO Richard Schwartz used an investor conference on Monday as an opportunity to remind analysts that profitability in the online gaming business comes from player retention, rather than acquisition.
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Gambling

After Mastering Internet Gambling, New Jersey Eyes Esports

Less than one year into his second four-year term, Democratic Governor Phil Murphy of New Jersey hopes to achieve the same success with esports as his state has enjoyed with internet gaming and sports betting.
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Gambling

Dubai Leading The Way As A Fintech Hub In Fast Growing Region

The Middle East is going through a large digitalisation phase, backed strongly by local government efforts. As banks’ approach to fintechs is changing, Dubai is turning into a preferred destination for fintechs to get a foothold in the region.
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Payments

Project Guardian: Singapore Launches New Digital Asset Pilot Focused On Defi, Tokenisation

The Monetary Authority of Singapore (MAS) has launched a new digital asset collaboration with banking giants J.P. Morgan and DBS Bank as it looks to harness the benefits of decentralised finance (defi).
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Payments

Deutsche Bank Exec Resigns Over Greenwashing Raid As ESG Becomes Key EBADay 2022 Topic

DWS, a subsidiary of Deutsche Bank, said its offices were raided by German police last week, as panellists in Vienna agreed that environmental, social and governance (ESG) issues are a priority for employees.
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Payments

Czech Payments Industry To Launch Payments Using Mobile Phone Numbers

From next year, it will be possible to send a payment to someone else's account only with the knowledge of the owner's phone number, the Czech banking association has announced.
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Payments
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Nigerian State Regulators Claim Central Gaming Bill Disregards Supreme Court Ruling

A group of Nigerian state gambling regulators has expressed its “deep and unwavering” objection over the progression of a bill it fears will regulate online gambling at a national level.
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Philippines Mulls Mandatory Listing Of Online Gambling Companies

In an apparent global first, the Philippine government is considering compulsory stock market listings for online gambling companies to compel greater transparency in operations and ownership.
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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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FCA’s Guardrails For BNPL Aim To Bring Consumer Duty Requirements To The Space

Buy now, pay later (BNPL) users are set to gain new protections under proposals published today by the UK’s Financial Conduct Authority (FCA), which has set a compliance deadline of July 2026.
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UK Industry Wrangles With Rapidly Approaching Cross-Sell Ban

When 2025 draws to a close so will the era of lucrative cross-selling promotions in the UK, with operators and affiliates facing the tall task of adapting successfully to another major shift in marketing compliance.
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Bailey Cool On UK CBDC Suggestions

Hopes of a British central bank digital currency (CBDC) were dealt a blow by the governor of the Bank of England, Andrew Bailey, who said he “remained to be convinced” of the need for one.
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EU Lawmakers Insist Digital Euro Must Safeguard Privacy And Preserve Cash Access

The European Parliament’s Civil Liberties Committee (LIBE) has called for stronger guardrails for privacy and guaranteed access to physical cash in its opinion on the EU's proposed legislation to establish a digital euro.
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Regulatory Influencer: Malta’s Key Observations on Website Practices of Crypto-Asset Service Providers

Earlier in the year, the Malta Financial Services Authority (MFSA) conducted a thematic review of websites belonging to all the crypto-asset service providers (CASPs) authorised by the MFSA in relation to Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA). This was part of the MFSA’s commitment to consumer protection, ensuring that the information provided was fair, transparent and not misleading. Following its review of websites, the MFSA sent out a Dear CEO letter to CASPs laying out its findings.
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Regulatory Influencer: The Philippine Central Bank As Payments Policeman And… Online Gambling Saviour?

The Philippine online gambling industry’s rapid transition from a disgraced foreign-facing segment to flourishing domestic sector is approaching a crunch moment as payments channels come under unprecedented scrutiny.
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Peru President Vetoes Consumption Tax Bill

Peru’s president has partly vetoed a bill that would reduce the impact of a controversial consumption tax applied to online gambling.
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