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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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AI Joint Venture Demonstrates UAE’s Digital and Financial Ambitions

The Middle Eastern state continues to harness financial services as an asset, moving to modernise its payments infrastructure through a public-private initiative involving the deployment of artificial intelligence (AI).
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Brazil Minister Rattles Industry With Regulatory Remorse

The government minister responsible for Brazil’s federal betting regulator is considering stricter rules on advertising and online casino games and says he would even outlaw online gambling altogether if given the opportunity.
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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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Digital Euro Brings Little Added Value, Complains Dutch Banking Association

The Dutch Banking Association has openly criticised the European Central Bank’s digital euro project, bringing some of the private concerns of many in the payments industry out into the open.
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Payments

Canada Lays Out Supervisory Expectations For Payment Firms

One year after Canada introduced new legislation for retail payment activities, the central bank has set out how it plans to supervise payment service providers.
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Payments

New UK Lottery Operator Must Reform Player Protection And Charitable Links, Say MPs

New UK National Lottery operator Allwyn must do more to protect players from gambling harm and pay more to GambleAware after a “poorly managed” tender, MPs have said.
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Gambling

American Gaming Association Claims Mischaracterizations In New York Times Series

The New York Times published its long-awaited series on the expansion of sports betting in the United States this weekend, criticizing the industry for overly lofty projections for tax revenues and marketing partnerships that target college students.
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Gambling

Islamic Party's Success Jeopardises Online Reform In Malaysia

The possibility of online gambling regulation in Malaysia may have been extinguished for the foreseeable future, following shock gains by a leading Islamic party in Saturday’s national elections.
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Gambling

U.S. Federal Court Rules Horseracing Integrity And Safety Act Unconstitutional

The Horseracing Integrity and Safety Act, a federal anti-doping law enacted in 2020 that created a private agency to regulate the industry, has been struck down by a federal appeals court as an unconstitutional delegation of government power to a private entity.
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Gambling

Massachusetts Receives 12 Applications For Mobile Sports-Betting Licenses

Despite heavy early interest from operators, Massachusetts’s gaming regulator reported Monday that it had received fewer applications than available slots for mobile sports-betting licenses.
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Gambling

It’s A No From Me! Lithuania President Vetoes Payments Law

Data protection problems prevent amendments to payments law coming into effect in Lithuania, as the legislation heads back to the country’s parliament.
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Payments

India U-Turns On Personal Data Lockdown, Permits Cross-Border Transfers In New Bill

Three months after withdrawing a bill that sought to impose restrictions on cross-border transfers of personal data, the Indian government has had a rethink, publishing a new bill with fewer localisation requirements.
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Payments

Turkey Proposes Changes To Payment Card Rules

Turkey’s Banking Regulation and Supervision Agency has published a draft amendment to its payment card regulations aimed at incentivising international players to partner with local processors in the country.
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Payments

Sweden's Culture Committee Opposed To 'Adjusted Moderation' Of Gambling Ads

​​​​​​​Sweden’s culture committee wants legislators to reject proposals relating to the “adjusted moderation” of gambling advertising in a government bill introduced earlier this year designed to enhance controls on the industry.
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Gambling

Norway Restarts Daily Kindred Fines, Says Operator

Norway has reinstated a series of multi-million euro fines against Kindred, only weeks after a deal to suspend the enforcement was reached, according to the Stockholm-listed operator.
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Gambling

Allwyn Deal To Buy Camelot Ends UK Lottery Licence Challenge

Czech lottery giant Allwyn has agreed to buy current UK National Lottery operator Camelot in a deal that is set to end the bitter legal battle between the two.
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Gambling

FanDuel Looks To Extend U.S. Sports-Betting Dominance With Marketing Spend Advantage

When FanDuel started to see marketing spend decline among its competitors following this year’s Super Bowl, the Flutter-owned company saw an opportunity to hit the accelerator, according to CEO Amy Howe.
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Gambling

The Curious Case Of Illinois Sports Betting

A second application process for three online-only licenses is the latest chapter in the story of an Illinois sports-betting market that has become the second largest in the U.S. but taken on a very different shape than was anticipated when a state law was passed three years ago.
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Gambling

PSPs Among Those EBA Wants Input From On Greenwashing Risks

The EU’s supervisory authorities have launched a joint call for evidence on greenwashing and how best to tackle it. This includes wanting to hear from payment institutions.
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Payments

Week In Crypto: FTX Celeb Promoters Sued For Damages, While Genesis, BlockFi Bar The Doors

Another week in crypto is dominated by the collapse of FTX, whose celebrity endorsers are now facing a class action lawsuit. Meanwhile, the contagion spreads to FTX partners Genesis and BlockFi.
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Payments

Demands Without Delay: The EU’s New Instant Credit Transfer Requirements Create Challenges and Opportunities for PSPs

This regulatory analysis will: look into the background of instant payments (IPs) in Europe and the motivation of the European Commission to take legislative action in this field; provide an overview of the current institutional and legislative framework that applies to IPs in the European Union (EU); explore the key legal obligations and definitions introduced by the proposed IPs regime; and examine the implications of the proposed measures for PSPs from a compliance, enforcement and business perspective.
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Payments

Fintechs May Exploit Debit Card Rules, US Treasury Finds

The US Treasury warns that fintechs may take advantage of an exemption applicable to small banks to circumvent the federal interchange fee cap on debit card transactions.
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Payments

Consumer Duty Will Deal With Bigtech, Says FCA Chief

The Consumer Duty will help with managing the entry of bigtech firms into the UK retail financial service, ensuring a level playing field, the chief executive of the financial services watchdog has said.
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Payments
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Belarus Moves To Centralise Crypto Under State Supervision

The Belarusian National Bank is seeking to evolve the country’s crypto framework, tightening the authoritarian government’s grip on the sector and signalling a new phase in its ongoing experiment with digital assets.
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Digital Euro Enters New Phase As First Issuance Nears

By continuing to drive the digital euro forward, the EU is signalling to financial institutions that they should prepare for its introduction, despite ongoing criticism and questions about the project.
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Regulatory Influencer: EU’s Consumer Credit Protection in the Age of Buy Now, Pay Later (BNPL)

The transposition deadline of the revised Consumer Credit Directive (Directive (EU) 2023/2225 on credit agreements for consumers - CCD2) is November 20, 2025. Member states are required to adopt and publish laws, regulations and administrative provisions necessary to comply with the directive by that date.
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Regulatory Influencer: First Step To Permanent Price Cap On UK-EEA Interchange Fees

On October 10, 2025, the UK’s Payment Systems Regulator (PSR) launched a consultation on the methodology for developing a price cap on cross-border interchange fees for transactions between the UK and the European Economic Area (EEA).
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US Democrats’ Letter Underscores Continuing Uncertainty At The CFPB

Open banking is one of several areas being disrupted by confusion over the future of the US Consumer Financial Protection Bureau (CFPB), as lawmakers seek clarity on recent comments by its acting director, Russell Vought.
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Regulatory Influencer: Payments Authentication - A Global Comparative

Payment authentication is the process of verifying the identity of the person making a payment. It is a fundamental component of card-not-present (CNP) transactions and is a key measure in reducing fraud. This regulatory influencer lays out authentication requirements and exemptions across select jurisdictions in Europe and the Asian-Pacific region.
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African Nations’ Removal From FATF Grey List Offers Boost To Region

The news that Burkina Faso, Mozambique, Nigeria and South Africa are no longer subject to increased monitoring with regard to their anti-money laundering regimes should restore confidence among international payments organisations and open the jurisdictions to cross-border activity.
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Agentic AI and the Next Chapter in Payments Regulation

As the next phase of artificial intelligence (AI) begins to affect the payments sector, regulators will need to adapt and evolve existing frameworks to manage the risk to consumers.
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Australia’s Strategic Approach to Payments Modernisation

By adopting a comprehensive strategy to update systems and regulation, Australia is positioning itself to have a safe, effective and scalable payments infrastructure that can adapt to technological advances and evolving consumer behaviour.
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Regulatory Influencer: Colombia’s Bre-B and the State of Instant Pay in Latin America

Across Latin America, government-managed instant payments systems are fostering financial innovation and inclusion, while simultaneously challenging the dominance of cash and other traditional payment methods. Especially with Brazil’s Pix achieving remarkable user adoption rates and transaction volumes in recent years, other regional players have been keen to replicate the system’s success within their own borders.
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