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Europe Advances Plans For Real-Time Payments Connectivity With Asia

By linking its TARGET Instant Payment Settlement (TIPS) system with India and Southeast Asia, the European Central Bank (ECB) is accelerating real-time payments globally and challenging European payment service providers (PSPs) to prepare for faster flows and competitive pressures.
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Prolonged Limbo On Open Banking Leaves US Financial Sector Navigating Uncertainty

A renewed push from Democratic senators highlights how the stalled Personal Financial Data Rights (PFDR) rule is forcing banks and fintechs to rethink strategy, as shifting political priorities threaten a stable data-access framework for the long term.
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US Open Banking Rule Highlights Industry Divisions Over Data And Fees

By defining who can access consumer data, whether fees are allowed and compliance timelines, the Personal Financial Data Rights final rule (PFDR Rule) underscores continuing legal and market tensions between banks and fintech innovators.
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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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Armenia Hurtling Towards Online Ad Ban

The Armenian parliament has approved a first reading of amendments that would ban online gambling ads.
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Gambling

Seminoles Lose Again In Court – This Time To Las Vegas Sands

It was another rough day in court for the Seminole Tribe on Friday as a Florida judge denied a hearing on the tribe’s claim that Las Vegas Sands is fraudulently collecting signatures in a campaign to legalize commercial casinos in the Sunshine State.
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Gambling

German 2022 Unlikely To Be As Horrible As 2021, Analysts Say

​​​​​​​A Morgan Stanley report is mildly optimistic about the German gambling scene in 2022, at least compared with a disastrous 2021, but it concludes that much is unclear about the future.
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Gambling

New York Online Betting Draws $600m In Wagers In First Nine Days

The first nine days of mobile sports betting in New York proved to be a windfall for operators and for state coffers, according to the first figures released on Friday by the New York State Gaming Commission.
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Gambling

No, EU Isn’t Banning Crypto-Mining, But Russia Is

The European Securities and Markets Authority has told VIXIO that comments from one of its vice-chairs in a recent interview about banning the mining of Bitcoin are not the position of the watchdog. However, further afield, Russia’s central bank has said it will introduce such a ban.
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Payments

Fintechs ARE Challenging Big Banks’ Grip, FCA Says

Despite the financial impact of the pandemic, greater competition in retail banking has been able to spearhead choice while lowering prices for consumers and small businesses, the UK’s banking watchdog says.
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Payments

Week In Brief - January 21, 2022

A short roundup of some of the week's payments news you may have missed. This week we look at a U.S. lawsuit relating to fintech charters, a U.S. inquiry to update merger review rules, the National Bank of Greece's efforts to migrate to ISO 20022, Aldi's new till-free store and the most recent crypto hack at Crypto.com.
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Payments

Leave The Soul Of Money To Central Banks

Central banks are best positioned to protect trust, the soul of money, be it fiat or virtual, says Agustín Carstens, general manager of the Bank for International Settlements. Private companies should, therefore, build their products based on a central bank-issued digital currency (CBDC) rather than investing in bigtech stablecoins or decentralised finance (DeFi) platforms.
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Payments

Taiwan Criminalises Online Gamblers, Increases Cash Penalty

Taiwan has closed a legal loophole and made gambling online and via other electronic means a criminal offence, increasing the maximum fine for gamblers to NT$50,000 ($1,800).
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Gambling

Ex-Minister Backs Industry Black-Market Warnings

A Conservative former gambling minister and ex-secretary of state has defended the UK industry’s view that too-stringent affordability checks would drive players to offshore websites.
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Gambling

How Big A Bite Will New York Take From New Jersey's Sports-Betting Pie?

This month’s blockbuster debut of online sports betting in New York is raising questions about whether neighboring New Jersey is going to lose market share comparable to 2006 when Pennsylvania casinos ravaged brick-and-mortar properties on Atlantic City’s Boardwalk.
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Gambling

News In Brief: January 17-January 21, 2022

JKO decides against making bid for Playtech, the Nevada Gaming Commission votes in favour of remote player registration and Pennsylvania's online gambling revenue soars to new heights.
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Gambling

Cyprus Gets Crypto Downgrade In MONEYVAL Evaluation

A new report into Cyprus’ anti-money laundering and counter-terrorist financing progress calls for better compliance with the Financial Action Task Force (FATF), with a particular focus on virtual asset service providers.
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Payments

FCA Cancels EU Firms’ Permissions

The Financial Conduct Authority (FCA) has cancelled temporary permissions of four European firms and warned that EU firms must meet the FCA’s standards to be allowed to operate in the UK.
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Payments

Despite Increasing Interest, Request To Pay Remains ’Under The Bonnet’, Study Finds

Although market participants recognise the potential in Request to Pay, a new study finds they have done little to deploy and adopt the overlay service. Yet.
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Payments

The Revolution Will Not Be Televised - Regulators Crack Down On Crypto Advertising

The UK, Spain and Singapore have all unveiled plans for strict rules on crypto advertisements within days of one another, with the Monetary Authority of Singapore proposing an outright ban.
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Payments

Ontario Online Launch On Track, Despite Cannibalization Concern

Ontario’s government expects to soon announce a launch date for competitive online gambling, despite the province’s largest land-based casino operator calling for a delay and regulatory reset over concerns of cannibalization.
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Gambling

Dutch Licensing Applicants 'Shocked' At Demands, Lawyer Says

Applicants for a Dutch online gambling licence are often “amazed” and “quite shocked” at the level of detail required for a successful application, a Dutch gambling law attorney has said.
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Gambling

Football Association Probes Arsenal Yellow Card

The Football Association has said it is investigating a yellow card for an Arsenal player after bookmakers reported suspicious betting patterns in a Premier League match this season.
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Gambling

BetMGM CEO Projects Stretches Of Profitability In 2023

BetMGM CEO Adam Greenblatt has said that although the business will remain subject to short-term volatility, he does expect the U.S. online gambling operator to have profitable months as early as 2023.
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Gambling
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Regulatory Influencer: Will Sanctions Enforcement be on the Rise in 2026?

In 2026 and beyond, a structural shift in global economic governance around sanctions enforcement can be expected. Prior to late 2025, the focus was more on sanctions design and designations as a policy tool for most jurisdictions, given the geopolitical landscape, whereas 2026 could be the year when the focus moves to sanctions enforcement.
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Mapping EU Legislation: Regulation (EU) 2022/2554 (Digital Operational Resilience Act – DORA) and Directive (EU) 2022/2556

Regulation (EU) 2022/2554 (Digital Operational Resilience Act – DORA) was published in the Official Journal of the European Union on December 27, 2022. DORA lays down uniform requirements concerning the security of network and information systems supporting the business processes of financial entities. This Mapping EU Legislation: DORA page will be updated in line with any DORA update. This includes any delegated regulation, implementing regulation or guideline issued and published at EU level, or any legislation supplementing it at member state level.
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Regulatory Reporting: Regulation (EU) 2022/2554 (Digital Operational Resilience Act – DORA) – Register of Information

As provided in Article 28(3) of Regulation (EU) 2022/2554 (Digital Operational Resilience Act – DORA), as part of a financial entity's ICT risk management framework, they must maintain and update at entity level, and at sub-consolidated and consolidated levels, a register of information (ROI) in relation to all contractual arrangements on the use of ICT services provided by ICT third-party service providers. Although the European Supervisory Authorities (ESAs) have provided information on such reports, the procedures for submitting the registers differs between national competent authorities. This document provides a snapshot of reporting requirements across selected European countries.
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Competing Reports on CFPB Downsizing Signal Continued Volatility for Regulated Firms

As the battle over the Trump Administration’s plans for the Consumer Financial Protection Bureau (CFPB) enters a new phase, firms operating in the US can expect fragmented oversight and inconsistent enforcement.
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Kazakhstan Completes Five-Year Shift to Regulated Crypto Market

New legislation seeks to establish the jurisdiction as a regional hub for regulated digital finance by offering a legal environment that could attract both domestic and international players.
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Compliance Under Construction: Key Takeaways from the UK Payments Forward Plan

The UK Payments Forward Plan, published in February 2026, is intended to be a clear, coordinated regulatory roadmap for the UK’s payments sector over the next three years. This document offers an assessment of the plan’s strengths, weaknesses and likely impact on the UK payments industry over the coming months and years, as well as the full text of the plan itself.
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Dissecting Stablecoins: Design, Yield Generation and Risk

Stablecoins have evolved into a rapidly expanding financial infrastructure, and regulators globally are striving to keep pace, stressing the need for a clear understanding of their design, risks, and yield mechanisms to inform debate and discussion.
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Vixio’s Verdict: The New UK Payments Plan Points The Way, Not The Specifics

The long-awaited publication of the UK’s Payments Forward Plan underlines the scale of the relevant authorities’ ambitions and of the challenge they have set themselves and the industry in the pursuit of growth and increased competition.
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Vixio’s Verdict: Finland’s FSA 2026–2028 Strategy - Building Financial Resilience in An Unpredictable World

The Finnish Financial Supervisory Authority (FSA) will operate under a renewed supervisory strategy for 2026 to 2028, centred around delivering effective and risk-based supervision. From 2026, supervisory priorities will place particular emphasis on the operational reliability of digital services and on preparing supervised entities for extreme economic and market phenomena. Alongside these annual priorities, the FSA will continue its ongoing monitoring of solvency, good governance and compliance with codes of business conduct. For 2026, the FSA has planned 35 new inspections and 24 thematic assessments, a slight increase from 2025, when 33 inspections and 18 thematic assessments were conducted. As financial services continue to digitise, the FSA needs deeper, more frequent on-site and thematic reviews to assess operational resilience standards. A modest increase suggests a measure of strengthening supervisory depth rather than a signal of systemic concern.
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White House Confident of Stablecoin Rewards Compromise for CLARITY Act

As US lawmakers continue to contest the legality of stablecoin rewards payouts under the CLARITY Act, a key White House official has expressed confidence that a legislative compromise is imminent.
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