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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Pandora’s Box And The Biggest AML Trends in 2021

2021 has tested the anti-money laundering (AML) regimes of world economies, shedding light on gaps in the existing frameworks and forcing legislators to cast the net wider to fight the flow of illicit money.
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Payments

First ACHs Move Technical Accounts To TIPS

In a major milestone for instant payments across the EU, the European Central Bank has announced the first wave of automated clearing houses (ACH) to move their technical accounts to its low-value instant settlement system.
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Payments

Study Shows Surge in Older Online Gamblers During Pandemic

Hundreds of thousands more people over 65 in the UK are gambling online than at the start of the pandemic, the Royal College of Psychiatrists has said.
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Gambling

2021: The Year Indian Gaming Joined The Sports Betting Gold Rush

As uncertain as the future of the Seminole Compact may be, this historic gambling agreement in Florida marked the end of tribal ambivalence toward sports betting and the consequences for both Indian and commercial gaming promise to be seismic.
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Gambling

NSW Crime Commission To Probe Slots Money Laundering

Australia's New South Wales (NSW) state crime commission and the state’s gaming watchdog have announced a joint inquiry into slot machine money laundering, just weeks after a government investigator flagged large-scale washing of funds in pubs and clubs.
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Gambling

Green Finance Data Of Growing Interest To Central Banks, Says Study

Central banks are increasingly assessing sustainable finance in pursuing their core mandates, a survey by the Irving Fisher Committee on Central Bank Statistics has found.
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Payments

Buy Now, Pay Later, 2021’s Booming Old-New Payment Trend

Buy now, pay later (BNPL) has grown to be one of the biggest trends in payments in 2021. VIXIO reviews the changes the booming market experienced in 2021 and how market participants and regulators reacted to these opportunities and risks.
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Payments

A Warning Shot Across The Bow - J.P. Morgan Pays $125m After Using WhatsApp To Do Securities Business

J.P. Morgan has agreed to pay a steep $125m fine to the U.S. Securities and Exchange Commission for failing to keep records of WhatsApp messages that included securities business communications.
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Payments

Greek Online Revenues On Track To Exceed £700m In 2021

Greece's newly licensed online market buoyed up the whole country's gambling industry in 2021, which grew fractionally year-on-year despite a nationwide lockdown that shuttered the land-based sector until May.
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Gambling

Illinois Gambling Lobbyist Who Opposed Casino Expansion Retires

Most gambling lobbyists are paid to advocate for the industry's expansion, but the head of the Illinois Casino Gaming Association spent almost all of his 20-year career battling legislators bent on saturating his state's market to increase tax revenue.
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Gambling

Learning from 2021 Regulatory Changes — Insight for 2022 and Beyond

This piece will look back at two notable and ongoing events: Brexit changes and the effect on payment service providers (PSPs) of reforms at the Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator. It will relook at how these issues developed in 2021, and will seek to understand how these issues are likely to affect PSPs in 2022 and beyond.
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Payments

Revolut Scores Full EU Banking Licence

The British-headquartered fintech has been granted a full banking licence from the European Central Bank.
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Payments

Weak Automated AML Procedures Cost HSBC £64m

The UK Financial Conduct Authority has fined HSBC Bank £63,946,800 after finding failures in the bank’s automated processes that monitored hundreds of millions of transactions on a monthly basis.
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Payments

Cardageddon Or An Easy Ride? One Year Into SCA

Strong customer authentication (SCA) was the final compliance requirement to be borne out of the revised Payment Services Directive (PSD2) and, one year in, it continues to make headlines. Here is our round-up of some of the key events, challenges and voices of the industry that kept SCA in the news in 2021.
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Payments

Chaos' As Ukraine Skips Vote On Tax, Regulators

A vote to solve Ukraine’s gambling commission conflict and reduce its tax burden did not take place last week as planned, forcing ministers to scramble and leaving the industry looking to 2022 for long-term solutions.
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Gambling

Seminole Compact Challenge Forces Changes To California Sports-Betting Initiative

A federal judge’s decision to void a gaming compact between the Seminole Tribe and the state of Florida over a provision allowing state-wide mobile sports betting with servers based on tribal lands has prompted a coalition of four California tribes to revise their ballot proposal for online sports wagering.
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Gambling

Proposed Dutch Gambling Ban Sits In Minister's Hands

Whether and how the Netherlands imposes a ban on broadcast gambling ads plus restrictions on internet advertising will probably be up to an outgoing minister or his successor.
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Gambling

Christmas BNPL Spending Raises Concerns For Irish Consumer Watchdog

With one in three Irish consumers planning on using credit for their Christmas spending this year, Irish authorities have raised alarm bells about the risks of short-term credit, including credit cards and buy now, pay later (BNPL) products.
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Payments

Week In Brief - December 17, 2021

A short roundup of some of the week's payments news you may have missed. This week we look at the UK Payment Systems Regulator's update on SD2 and SD3, the first group of European ACHs' technical account migration to TIPS, the latest U.S. actions concerning consumer privacy, fines in Cyprus, and a new cross-border taskforce set up by the Bank for International Settlement.
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Payments

Update: U.S. Senator Offers Alternative To Bank-Like Stablecoin Regulation

In contrast to an interagency report that seeks to bring stablecoin issuers under bank-like regulations, a U.S. Republican Senator would allow stablecoin issuers to choose from three regulatory regimes based on their business models.
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Payments
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Regulatory Influencer: Poland Proposes Targeted Simplification of EU Financial Services Rule

On June 2, 2025, the Polish Financial Supervisory Authority (KNF) announced that it had submitted a package of proposals intended to simplify regulatory frameworks across the EU financial services sector to the EU member states, the European Commission and other institutions within the EU Financial Services Committee. These proposals form part of a broader initiative led by the Polish Ministry of Finance, which aims to harmonise and streamline EU regulations to support the competitiveness of the European Union’s economy, including that of Poland.
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Regulatory Influencer: AML Compliance Is Key Under Hong Kong’s Stablecoins Ordinance

Under Hong Kong’s new Stablecoins Ordinance, another milestone in the global trend towards regulating digital assets in the same way as traditional financial services, any person who issues stablecoins referencing an official currency must obtain a licence from the Hong Kong Monetary Authority (HKMA).
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Norwegian Consumer Council Reports Klarna For Breaching Regulatory Requirements

In a submission to the Norwegian Consumer Authority, the consumer advocacy group has accused the Swedish fintech firm of repeatedly violating Norway’s credit marketing regulations.
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Singapore To Require Offshore Crypto Firms To Be Licensed Or Cease Operations By June 2025

The Monetary Authority of Singapore (MAS) has clarified the scope of its regulatory regime for providers of digital tokens, crypto-assets used for payments.
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FCA Moves To Boost AI Use With New Sandbox

UK financial services firms will be encouraged to experiment with artificial intelligence (AI) as part of the Financial Conduct Authority’s (FCA) strategy to support economic growth through technological innovation.
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Australia Calls For Greater Collaboration In Battle Against Fraud

Businesses should join forces and share data to advance the fight against increasingly sophisticated scams, according to the Australian National Anti-Scam Centre.
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FCA Sets Out New Transparency Rules For Enforcement Investigations

The UK Financial Conduct Authority (FCA) has outlined significant changes to its enforcement rules, although it has stopped short of implementing some of the more controversial elements of its original proposal.
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Cash Mandate Moves Closer To Being Law In New York State

Retailers will not be able to refuse cash payments in New York if Governor Kathy Hochul signs off on legislation that has passed both houses of the state legislature.
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Regulatory Influencer: Canada Retail Payments Activities Act — Safeguarding of End-User Funds

This report is the third installment in a four-part series analyzing the RPAA and identifying key components of the law that PSPs should consider when doing business in Canada. This report focuses on the requirement to safeguard end-user funds.
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Regulate Smarter, Say European Players In Light Of Trump’s Deregulation

Despite the US leadership pushing for an increasingly deregulated financial services market, some payments players and politicians in Europe are adamant that standards being watered down is not the way to boost growth.
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