Insights

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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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’The Right Thing To Do’: New Zealand BNPL Reg Plans Take Shape

New Zealand becomes the latest jurisdiction to be set on regulating the alternative payments product after its increase in use during the pandemic and pressures arising from the cost of living crisis.
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Payments

Singapore Beefs Up CBDC Cross-Border Settlement Project Ubin

The Monetary Authority of Singapore's work with international partners on a wholesale central bank digital currency (CBDC) project has been expanded to become Ubin+.
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Payments

Canadian Government Delivers On Election Pledge To Rein In Credit Card Fees

Canada’s government has announced plans to cap credit card fees for small businesses as it seeks to deliver on election promise.
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Payments

Week In Crypto: First DeFi FX Transactions On Public Blockchain, MoneyGram Launches Crypto Trading

Following months of reporting on crashes, fines and bankruptcies, Week in Crypto is decidedly upbeat this week as J.P. Morgan, DBS and SBI complete the first cross-border transactions on a public blockchain, MoneyGram launches crypto trading and Visa taps into World Cup fever with new NFTs.
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Payments

Daily Dash: FCA Looks For Cost Of Living Answers

The UK’s Financial Conduct Authority (FCA) has called on consumer credit firms to send data in hopes of better understanding the cost of living crisis, Australia has said it will focus on crypto and greenwashing next year, and Stripe has laid off staff due to concerns of economic downturn.
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Payments

Industry Confident Finnish Monopoly On Borrowed Time

Finland could hand out licences for online gambling as soon as 2025, with the prevailing sentiment suggesting it is a case of when, not if, the nation’s monopoly is dismantled.
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Gambling

Apollo Seeks $620m Distribution From Nevada Assets

The private-equity owners of The Venetian Las Vegas are seeking regulatory approval to distribute $620m to investors and hand out bonuses to employees, but gaming regulators have questioned the soundness of returning such a large dividend less than eight months since the acquisition closed.
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Gambling

Latin American Operators At Odds Over Online Betting Sponsorships

Lawyers and operators have given contrasting perspectives on the legality of online sports-betting sponsorships for football teams in unregulated markets such as Chile, Uruguay and Brazil.
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Gambling

UK Gambling Commission Hands Out Suspension For Self-Exclusion Failure

​​​​​​​The UK Gambling Commission has suspended LEBOM Limited from transacting with consumers for not being integrated into the GAMSTOP self-exclusion scheme.
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Gambling

Open Banking Kicks Off In Saudi Arabia Early Next Year

Industry participants welcome Saudi Arabia’s open banking framework, which is expected to launch in the first quarter of 2023.
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Payments

UK MPs Criticise Government Transparency Over ’Controversial’ Regulator Power In Finance Bill

A planned amendment to the Financial Services and Markets Bill, which greatly extends the powers of the UK government to direct financial regulators to take action, has been delayed, which the Treasury Select Committee has called "sub-optimal" due to a lack of parliamentary scrutiny it will receive.
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Payments

South Africa To Launch Modernised Instant Payment Service In 2023

After being a pioneer in setting up instant payments 16 years ago, South Africa is now preparing to launch a new instant payment service looking to mirror the success of similar services in India, Singapore and Thailand.
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Payments

Doomed Sports-Betting Propositions In California Could Cost $700m

With just five days left until the November 8 election, the amount spent on two apparently futile propositions to legalize sports betting in California is expected to set a new national record of up to $700m.
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Gambling

North Dakota Governor Rejects Tribes' Online Gaming Request

North Dakota Governor Doug Burgum has denied tribes’ request for exclusive online gaming rights in the final draft of new gaming compacts, saying Wednesday that there is no clear legal path for him to unilaterally expand the state’s gambling laws to allow the five tribes to offer internet wagering across the state.
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Gambling

Australian Regulator Orders AML Audits For bet365, Sportsbet

Australia’s financial transactions regulator has ordered Flutter Entertainment-owned Sportsbet and bet365 to be audited after claiming “reasonable grounds” to suspect the bookmakers violated or are violating anti-money laundering (AML) legislation.
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Gambling

Lula's Election Shuffles Deck For Gambling In Brazil

Luiz Inácio Lula Da Silva's election as President of Brazil should not alter the landscape for gambling expansion in Brazil and leaves open a window for sports betting to become regulated before the end of this year, according to experts speaking at the SBC Summit Latinoamerica in Miami on Tuesday.
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Gambling

MPs Pass Motion To Reverse Dutch Gambling Tax Cut

Scrapping a planned cut to online gambling tax in the Netherlands may be on the cards after MPs backed a motion to keep the levy at 29 percent.
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Gambling

Seventeen Operators Exit Ontario After iGaming Licensing Deadline

With a licensing deadline expiring two days ago, 17 operators that remain unlicensed to do business within Ontario's regulated iGaming market have ceased operations until their applications are completed, the Alcohol and Gaming Commission of Ontario confirmed on Wednesday.
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Gambling

Industry Needs 'Adult' To Step In, Says Danske Spil Boss

The gambling industry needs tough, clear regulations to keep it in check, as it cannot seem to agree on how to regulate itself, says the CEO of Denmark’s largest operator.
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Gambling

News In Brief: October 31-November 4, 2022

Postcode Lottery breaks ad rules in the Netherlands, Ohio approves new sports-betting licences and Rwanda suspends slots approvals.
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Gambling
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GambleAware’s Demise Stokes Fears Over Future Of UK Research, Treatment

The UK’s most prominent gambling charity GambleAware has announced it will close as a result of the new mandatory responsible gambling levy, raising questions about the future of funding for addiction treatment and the potential politicisation of research.
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AUSTRAC Prosecutes Leading Operator Of Slot Machine Venues

Australian financial transactions regulator AUSTRAC is prosecuting a leading club owner and slot machine operator over “serious and systemic” violations of anti-money laundering and counter-terrorism financing (AML/CTF) laws.
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Oregon Lottery Seeks To Ensure Integrity, Security In Regulating Couriers

Mike Wells, director of the Oregon Lottery, admitted it has maintained a neutral stance on lottery courier services over the years, a position that has changed as more of the services operate in the state, with no formal regulatory oversight.
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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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CFPB Hits Pause On Open Banking Rule Rewrite

The US Consumer Financial Protection Bureau (CFPB) is backing away from its earlier push to scrap a key open banking regulation, instead asking a federal court to pause litigation so it can develop a revised version of the rule.
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Ukraine Adopts EU-Style Open Banking Rules

The National Bank of Ukraine (NBU) has approved a comprehensive package of regulations to implement open banking in Ukraine, supporting the country's efforts to align with the EU.
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Marcos' Keynote Silence On Gambling Cheers Online Industry

The Philippine President’s avoidance of domestic online gambling issues in this year’s congressional appearance has encouraged the industry and frustrated its foes amid finance secretary support for taxation over prohibition.
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UK Threats Loom Even As Regulator Takes Softer Approach

The UK’s gambling regulator says egregious VIP schemes are a thing of the past and is backing the bookie habit of blocking winning customers, but Westminster politicians eager for reform are striking an altogether different tone.
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Boyd Big Winner Among U.S. Casino Operators In Sports Betting Rush

The deal between FanDuel and Boyd Gaming to reacquire 5 percent of the sports betting giant’s equity serves as a reminder of how much the sports betting industry has changed in terms of acquiring market access.
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Trump Administration Pauses Senate Committee Vote On CFTC Nominee

Brian Quintenz’s nomination to be the next chairman of the Commodity Futures Trading Commission has been sidelined for the second time in the last week, this time at the request of the White House.
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