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.
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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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California Sports Betting Battle Top Of Mind At Tribal Gaming Convention

November’s election in California, which could feature as many as three different proposals to legalize sports betting in the state, is looming large over this year’s Indian Gaming Tradeshow and Convention.
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Gambling

German Regulator Faces Multiple Betting Lawsuits, Publication Says

Legal action has targeted provisions including those limiting live bets and setting a €1,000 monthly limit on deposits, according to German magazine WirtschaftsWoche. The council has been reviewing licence applications since January 2020 but on January 1, 2023, its authority passes to the planned central regulator, the Joint Gaming Authority for the Federal States (GGL).  The council has supplied 41 licences, although some companies have several.
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Gambling

Senecas Take To The Streets In Gaming Feud With New York

About 200 people supporting the Seneca Nation marched in the streets of Buffalo, New York, last week as the tribe’s bitter conflict with Democratic Governor Kathy Hochul over gaming revenue continues to escalate.
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Gambling

German Football Club Pauses Unibet Sponsorship Over Lack Of Licence

​​​​​​​Borussia Mönchengladbach of Germany’s Bundesliga football league has paused its sponsorship with Kindred’s Unibet as the online gambling operator has not yet obtained a German sports betting licence.
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Gambling

China’s Ant Group To Acquire Stake In Singapore Payments Firm 2C2P

After its aborted IPO in 2020, Ant Group is quietly building out its overseas business on a lighter budget, with its majority stake acquisition of a regional merchant payments platform.
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Payments

ASPSPs Called Out As EBA Publishes Latest SCA Q&As

The European Banking Authority (EBA) has continued to clarify parts of the strong customer authentication (SCA) regulatory technical standards (RTS), delving into issues including mobile-initiated credit transfers and redirects.
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Payments

EU Shifts to Humanitarian Aid in Ukraine Conflict

Although sanctions continue, priorities are gradually shifting from punishing Russia to helping those trapped in the crossfire.
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Payments

News In Brief: April 19-April 22, 2022

FinCEN issues advice for U.S. banks to help identify kleptocracy and foreign public corruption.
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Payments

Durbin Blasts Interchange Fee Hike

Senator Richard Durbin (D-IL) tells Visa and Mastercard to halt the planned increase of unregulated credit card fees as the change is set to take place.
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Payments

SCA Implementation: What’s Expected from PSPs in the UK and EU?

Strong customer authentication (SCA) in the UK was expected to be implemented from March 14, 2022. This regulatory analysis focuses on the implementation and impact of SCA in the UK and the EU, as well as the UK Financial Conduct Authority’s (FCA) related expectations from payment service providers (PSPs).
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Payments

Maine Grants Indian Tribes Exclusivity For Mobile Sports Betting

Maine’s four federally recognized Indian tribes will control mobile sports betting in the state under the terms of legislation backed by Governor Janet Mills and approved by both chambers of the legislature Tuesday night.
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Gambling

Wakayama’s IR Bid Near Collapse After Assembly ‘No’ Vote

The Wakayama Prefectural Assembly has voted down the city’s proposed integrated resort (IR) package, condemning the city’s bid to likely failure just eight days before Japan’s national application deadline.
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Gambling

Pennsylvania Grey-Market Games Debate Stalls, Lawsuit Claims Machines Illegally Targeted

In Pennsylvania, lawmakers remain far from reaching a consensus over how to handle thousands of “grey-market” machines, also known as skill-based games, which have appeared throughout the state and resemble slot machines but are unregulated.
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Gambling

Resilient Ukrainian Regulator Joins GREF

​​​​​​​Ukraine’s gambling regulator is continuing to offer guidance and support to the industry despite the ongoing Russian invasion and has joined forces with its peers across the continent.
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Gambling

Cryptocurrency Markets Too ‘Illiquid’ To Support Mass Russian Sanctions Evasion, Says Study

A new report by Chainalysis, a crypto analytics firm, has cast doubt on the idea that Russian oligarchs could use cryptocurrency to evade sanctions and move wealth overseas en masse.
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Payments

WhatsApp Pay To Double Indian User Base

India has granted WhatsApp Pay the permission to enrol 60m new users, a move that some believe has the potential to shake up the Indian payments landscape.
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Payments

Are The UK’s Crypto Plans Really That Exciting?

Experts are divided on just how significant the UK’s new crypto plans are, after HM Treasury published its stablecoin consultation response earlier this month.
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Payments

SCA Triggers £4.3m Daily Loss For UK Retailers

UK merchants have been hit by the new strong customer authentication (SCA) rules block on non-compliant online transactions.
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Payments

U.S. Audience For Esports Not Minors, Executive Reminds Gaming Regulators

Nevada regulators are supportive of an effort by the gaming and video game industries to develop a viable esports wagering industry in the state, despite integrity risks to the sector, as interest in competitive video game competitions has increased over the last two years.
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Gambling

NFTs Plagued By Fraud But Could Still Help Affiliate Market, Experts Say

Non-fungible tokens and cryptocurrency markets are still beset by rampant fraud and wash trading, but gambling affiliates might still be able to cautiously integrate NFTs into their business plans, experts have said.
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Gambling
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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 bookies' habit of blocking winning customers, but Westminster politicians eager for reform are striking an altogether different tone.The UK Gambling Commission says that schemes which saw big bettors wined and dined by operators in the hopes of extracting more wagers are largely a thing of the past.
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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 five 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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Tanzania Eyes Land-based Gambling Changes After Introducing Tax Increases

The Law Reform Commission of Tanzania is reviewing a host of legal changes to help the country achieve its National Development Vision 2050, including looking at the impact of land-based gambling on young people.
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British Horseracing Authority Fight Against Proposed Tax Change Gathers Support

The British Horseracing Authority (BHA) has announced Lord Allen of Kensington will begin his role as chair on September 1 as its fight against a proposed "racing tax" gains support from a wide range of stakeholders.
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EU Regulators Clarify Scope Of DORA Register Of Information

The latest Q&As from the European Supervisory Authorities (ESAs) aim to address confusion around the EU’s operational resilience framework and the expectations for the Register of Information.
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