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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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Apple Quietly Launches Open Banking Feature In UK

The bigtech company will now allow users to view their bank balances in their Apple Wallet — a move payments insiders have welcomed.
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Payments

PSR Says APP Fraud Rules Should Apply To PSPs

The UK Payment Systems Regulator (PSR) has proposed that its incoming authorised push payments (APP) fraud reimbursement rules should apply to payment service providers (PSPs).
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Payments

Daily Dash: ECB Hints At ChatGPT Adoption

The European Central Bank (ECB) has identified use cases for AI in its operations, Indonesia has banned e-commerce transactions on social media platforms, and Tempo France has launched a new blockchain-based remittance between the EU and Brazil.
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Payments

Dutch Government Adviser Backs Central Loss Limit Database

An addictions advisor to the Dutch government has recommended the Netherlands consider a central database to enforce mandatory loss limits across the entire gambling market.
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Gambling

Nevada’s Top Regulator Seeks Revolution In Technology Oversight

The new chairman of the Nevada Gaming Control Board is advocating sweeping changes that would streamline approvals for gambling technology innovations.
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Gambling

North Carolina Still Set To Launch Digital Lottery Games

North Carolina Lottery officials say they will continue with a plan to launch digital instant games in November, despite a new state law that limits the games the lottery can offer.
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Gambling

UK Gambling Industry Divided Over White Paper Impacts 

Excitement, caution and trepidation are gripping the UK gambling industry as operators attempt to predict the impacts of the ongoing Gambling Act review. 
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Gambling

Curaçao Minister Says Gambling Reforms Could Avert Grey Listing

Curaçao’s finance minister says the “worrying” possibility of a Financial Action Task Force (FATF) grey-listing next year over money-laundering risk has helped spur an overhaul of online gambling legislation.
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Gambling

Polish Monopoly Operator Wants More Blocking, Tax On GGR

Poland’s state-owned gambling operator says regulated play could top 80 percent of the national market if regulators have extra powers to fight the black market, and if gambling tax applies to gross gaming revenue (GGR).
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Gambling

ISO 20022 Migration A ‘Huge Success’, But Many Firms Are Yet To Be Persuaded

After the launch of ISO 20022 for cross-border payments and reporting (CBPR+) in March this year, payment market infrastructures are moving to the new standard — but firms are yet to see its potential.
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Payments

Daily Dash: The Spy Who Fled Germany

A fugitive former Wirecard executive has been accused of spying for Russia, EU financial regulators have released a report on critical ICT providers ahead of the Digital Operational Resilience Act, and US regulators have filed an anti-competition lawsuit against Amazon.
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Payments

Thai Deputy Prime Minister Backs Online Gambling

Thailand’s deputy leader has announced his support for legalisation of online gambling following raids on the homes of senior police accused of running gambling websites.
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Gambling

Seminole Sports-Betting Dispute In D.C. Spreads To Florida Supreme Court

Still struggling with its case in a federal appeals court in Washington, D.C., a Miami-based pari-mutuel business is turning to the Florida Supreme Court to derail a tribal gaming compact that would re-launch sports betting in the Sunshine State.
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Gambling

Czech 2024 Gambling Amendments Yet To Be Finalised

The Czech gambling industry is nervously awaiting the final text of new regulations due to take effect at the start of 2024, with the promise of legal live dealer games as the most industry-friendly of a mixed bag of changes.
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Gambling

Colombia Proposes Stricter Gambling Advertising Regulations

Colombian regulator Coljuegos has published a draft resolution that would cap advertising spend of gambling operators based on reported revenue, while banning sports-betting sponsorships by unlicensed operators.
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Gambling

Lived Experience Helps Development Of Safer Gambling, Experts Say

Gambling operators are increasingly valuing the input of people with lived experience of gambling harm to help drive safer-gambling strategies, industry experts say.
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Gambling

What Impact Will the FSMA 2023 Have on the UK Payment Sector?

On June 29, 2023, the Financial Services and Markets (FSM) Bill received royal assent to become the Financial Services and Markets Act 2023 (FSMA 2023). The FSMA 2023 revokes the EU retained law relating to financial services and markets in the UK and aims to promote investment and to support innovation within the economy. It introduces new secondary objectives for the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) to facilitate the growth and international competitiveness of the UK economy through Sections 25 and 26. Section 25 covers the competitiveness and growth objective, while Section 26 covers the reporting requirements of this. The act enters into force at different dates.
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Payments

FCA Issues ‘Final Warning’ To Crypto Firms Ahead Of New Promotion Rules

With less than two weeks to go until new rules on crypto-asset promotions come into effect, the Financial Conduct Authority (FCA) has revealed that it has “serious concerns” about firms’ readiness to comply.
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Payments

Regulators Weigh Up ‘Serious Cohesion Issues’ Between MiCA, PSD2

Officials at the European Banking Authority (EBA) and the National Bank of Belgium are facing “serious questions” about the cohesion of the EU’s new crypto framework and its payment services regime.
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Payments

Mexican Competition Commission Calls For Interchange Fee Cap

Mexico’s antitrust watchdog has urged the country’s financial regulators to fix what it says is an anti-competitive card processing market and establish an interchange fee cap.
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Payments
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Instant Payment System Progress Could Create Openings In South Africa

Despite its well-established instant payment systems, research indicates that instant payments in South Africa still lack interoperability and inclusivity – gaps that could create targeted opportunities for payment service providers.
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FCA Identifies UK Payments Reform And Stablecoins As Priorities For 2026

The Financial Conduct Authority’s (FCA) letter to the prime minister highlights its 2025 progress, along with its 2026 priorities for payments, including variable recurring payments (VRPs), contactless reform, open finance and GBP-backed stablecoins.
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African Jurisdictions Positioning Themselves As Hubs For Regulated Digital Assets

Converging digital asset frameworks across Africa are set to strengthen the region’s appeal to payments firms that favour consistent, enforceable regulation.
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US State AGs’ Inquiry Into BNPL Risks Highlights Fragmented Regulatory Landscape

The investigation by a coalition of seven Democratic state attorneys general (AGs) is scrutinising buy now, pay later (BNPL) providers, seeking answers to questions on consumer protection.
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Regulatory Influencer: New Zealand’s Open Banking Regulations Seek International Alignment And Enhanced Competition And Innovation

New Zealand’s open banking regulations have come into force, activating mandatory data sharing and payment initiation rules under the Customer and Product Data (CPD) Act 2025. The regulations came into effect on December 1, 2025, imposing customer and product data sharing obligations on the country’s four largest banks: ANZ; ASB; BNZ; and Westpac.
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Regulatory Influencer: European Union To Introduce Tax Obligations for Crypto-Asset Service Providers

The EU Directive on Administrative Cooperation ( Directive 2011/16/EU) governs tax cooperation between member states, with DAC8 referring to the eighth amendment of the directive. DAC8 is focused on improving tax transparency and closing any gaps, particularly with respect to crypto-assets. DAC8 was published in the Official Journal of the European Union on October 24, 2023. EU member states have been provided with the transposition deadline of December 31, 2025, with the application deadline being January 1, 2026.
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Eurosystem’s Pilot Plan Offers PSPs A Strategic Role In Shaping The Digital Euro

By inviting payment service providers (PSPs) to participate in a 12-month trial to assess the operational readiness of the digital euro, the authority is giving them insight into its functionality and the chance to influence its further development.
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No Structural Conflict Between EU’s AI Act And Existing Regulation, EBA Concludes

The regulator’s finding that only limited friction exists between new artificial intelligence (AI) obligations and established banking and payments rules paves the way for coordinated oversight as implementation begins.
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Serbia’s Plans For Crypto Surveillance System Aim To Prevent Abuses And Tackle Money Laundering

EU accession pressure is one of the key drivers of the initiative, as the country seeks to position itself as a credible, well-regulated market, although some commentators have expressed concerns about the adequacy of privacy protections.
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International Payments Pricing Transparency Playbook

The Financial Conduct Authority expects firms operating in the UK to give customers a clear understanding of the total cost of sending money overseas, including FX mark ups, fixed and variable fees and any deductions that may occur along the transfer chain. This playbook gives organisations a structured way to review, strengthen and evidence their approach to international payment pricing transparency.
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