Insights

Aiming to reduce the compliance burden, Poland’s financial regulator has made a variety of proposals to the EU that would soften elements of key regulations affecting the payments and crypto industries.

The Instant Payments Regulation ( Regulation (EU) 2024/886 - IPR) came into effect in April 2024 across the European Union to make instant payments in euro fully available to consumers and businesses throughout the EU. The digitalisation of the global economy has increased the demand for instant payment services that are available at all times. To keep up with the increased demand, the IPR aims to accelerate the rollout of instant payments in Europe and covers credit transfers denominated in euro within the EU.

New rules mean that virtual currency kiosks, or BTMs, must implement a range of anti-fraud measures to operate in the US state of Wisconsin, in a sign that lawmakers are focusing on fraud in this area.

The UK’s Financial Conduct Authority (FCA) has cancelled Fidelity Payment Services Limited’s registration as a small payment institution (SPI), citing the firm’s failure to conduct any payment activities since its authorisation in 2016.

On March 25, 2025, the UK’s Financial Conduct Authority (FCA) published its five-year strategy from 2025–2030. In its strategy it stated that it will focus on four priorities, which are; be a smarter regulator, support sustained economic growth, help consumers navigate their financial lives and fight financial crime.

The Authority for Anti-Money Laundering and Countering the Financing of Terrorism is due to begin operations in Summer 2025, and will represent a fresh approach to countering money laundering in the EU.

A coalition of seven leading payments and fintech industry associations has issued a forceful warning to US lawmakers over an "invasive", "unworkable", and "counterproductive" proposal to tax remittance transfers.

Nevada could be poised to take a leading position in the race for payments modernisation with the passage of the Nevada Payments Bank Act, which supporters say will slash costs while making payments faster and more efficient.

Organisations operating in the Swedish payments ecosystem are preparing for tougher rules regarding their operations, with new compliance requirements due to be introduced in weeks.

This report is part of Vixio Regulatory Intelligence’s Outlook series, which provides subscribers with forward-looking insights and consolidated research on key segments of the global financial services industry. This edition is designed to provide high-level intelligence on operational resilience in 2025.