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.
Read more

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.
Read more

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.
Read more

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.
Read more

HM Treasury Plots Payments Regulation Overhaul

The UK’s finance ministry has confirmed plans to review the applicability of the current payments regime, including new regulatory powers and the potential introduction of the Senior Managers and Certification Regime (SM&CR).
Read moreRead more
Payments

Week In Crypto: Tesla Dumps Bitcoin As Industry Players Claim Worst Is Over

Tesla adds to a crisis of confidence in the crypto markets, BNP Paribas spots an opportunity for high-end customers, while J.P. Morgan and Grayscale claim the worst of the collapse is now over.
Read moreRead more
Payments

PSR Planning To Make Open Banking Attractive For Cash Users

In its response to the Digital Payments Initiative report, the UK’s Payment Systems Regulator (PSR) is looking at ways to make digital payments more attractive for those that still rely on cash and encourage the use of open banking in account-to-account retail transactions.
Read moreRead more
Payments

FCA Says New Regs May Address Its Limits To Stop Harm Caused By Third Parties

In its latest perimeter report, the UK Financial Conduct Authority (FCA) highlights potential gaps where it lacks the power to step in and the actions the authority is taking to reduce harm linked to these gaps.
Read moreRead more
Payments

Spanish Supreme Court Questions Ad Restrictions

​​​​​​​Spain’s Supreme Court has said there is reason to think the country’s gambling ad ban could be unconstitutional.
Read moreRead more
Gambling

Insurance Coverage For U.S. Problem Gamblers Yields Mixed Results

More U.S. health insurance companies are offering coverage for gambling addiction, but that does not necessarily mean healthcare providers are celebrating.
Read moreRead more
Gambling

Criticism Of Peru's Online Gambling Law Continues

The fallout continues from Peru’s rush to legalise online gambling last week, with industry insiders weighing in on the detrimental effect of merging two bills into one without careful examination of the text, which appears contradictory in several places.
Read moreRead more
Gambling

German Regulator Irks Internet Firms With Call For Voluntary Website Blocking

A call by the new Germany-wide gambling regulator for internet service providers (ISPs) to voluntarily block unlicensed gambling sites is stirring controversy among the ISPs and some legislators.
Read moreRead more
Gambling

News In Brief: July 18-July 22, 2022

Legal online casino games will become available for the first time in the Canadian province of Nova Scotia.
Read moreRead more
Gambling

Europeans Can Now Use Alternative Billing Systems For In-App Purchases On Google Play

Google has announced that non-gaming apps that operate in the European Economic Area (EEA) may allow customers to use alternative billing systems to pay for digital goods and services via the Google Play store, pre-empting forthcoming regulations.
Read moreRead more
Payments

Swedish Court Rules In Consumer’s Favour Over Fraud Payments

Sweden’s Supreme Court has ruled that a consumer that fell victim to a phishing scam is in line for compensation after unwittingly giving away their details to a fraudster.
Read moreRead more
Payments

Paraguay On Path To Adopt Crypto Law

Last week, Paraguay’s Congress passed a bill that would regulate crypto-related activities in the country.
Read moreRead more
Payments

BNPL Complaints Begin To Emerge, But Fraud Comes Out On Top For Italian Consumers

Banca d'Italia has hinted at new buy now, pay later (BNPL) regulation, despite only receiving five complaints regarding the deferred payment method in 2021. Meanwhile, fraud continues to be the biggest issue faced by consumers.
Read moreRead more
Payments

Massachusetts Running Out Of Time To Legalize Sports Betting

With less than two weeks left in the legislative session, lawmakers in Massachusetts are running out of time to resolve their differences on tax rates and whether to allow wagering on college sports.
Read moreRead more
Gambling

Belgium Sets New Weekly Deposit Limit

A Belgian royal decree has set a new €200-a-week deposit cap for online gambling accounts, with regulator and bank checks needed for players to lift the limit.
Read moreRead more
Gambling

Illegal Online Betting Rampant, Warns Racing Federation

The Asian Racing Federation is warning that growth in illegal online betting is much faster than growth in legal markets, with poor regulation, new technology and the pandemic posing threats to racing integrity.
Read moreRead more
Gambling

Meta Targets Small Businesses With New In-Chat Instagram Payments

Meta has launched a major new update to its Instagram social network app that allows users to message and pay for goods and services directly within the app's chat function.
Read moreRead more
Payments

Lithuania’s Central Bank Slaps Down Payments Institution Over High-Risk Activities

UAB Best Finance has been temporarily prohibited from providing services to customers from outside the European Economic Area (EEA), according to the Baltic financial supervisor.
Read moreRead more
Payments

Google Quietly Resurrects Google Wallet While Axing Google Pay

This week Google has relaunched Google Wallet — the app it once replaced with Google Pay — but this time round the wallet is much more than just a payments app.
Read moreRead more
Payments

Apple Hit With US Class Action Suit Over Tap And Pay

An Iowa card issuer has accused Apple of unlawfully restricting rivals’ access to tap and pay contactless technology and charging issuers “supracompetitive” fees.
Read moreRead more
Payments
Archive
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Premium Content

Our premium content is available to users of our services.
To view articles, please log in to your account, or sign up today for full access:

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.
Read article

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.
Read article

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.
Read article

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.
Read article

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.
Read article

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.
Read article

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.
Read article

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.
Read article

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.
Read article

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.
Read article
Still can’t find what you’re looking for? Get in touch to speak to a member of our team, and we’ll do our best to answer.