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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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Georgia Legislators Pushing Broader Gaming Expansion Ballot Question

Although much of the conversation coming into 2022 has been focused on sports-betting voter referendums in Florida and California, legislators in Georgia are planning to make another push at approving a ballot question that could legalize sports betting in the Peach State.
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Gambling

Pandemic Hit Card Payments But E-Payments Continue To Grow, U.S. Study Finds

A new payments study from the U.S. Federal Reserve shows that electronic payments have gained on card payments during the pandemic, while checks continue their double digit decline.
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Payments

De-Risking Driving Heavy Social Costs For EU, EBA Warns

Unwarranted de-risking is having a detrimental effect, the European Banking Authority (EBA) has warned, as it publishes new advice for competent authorities on dealing with the phenomenon.
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Payments

Week In Brief - January 7, 2022

A short roundup of some of the week's payments news you may have missed. This week we look at proposed increases in card interchange in Malaysia, the FCA's 2021 achievements, Airbnb's fine for breaking U.S. sanctions, lack of redress for U.S. consumers against credit reference agencies, and the first participants go live on Thailand and Malaysia's cross-border instant payments linkage.
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Payments

China’s Digital Yuan Makes App Store Debut

China’s central bank digital currency is now accessible on mobile phone app stores, in another significant move for the currency’s trial phase.
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Payments

Turkey Lottery Revenue Crashes Amid Political Backlash

Sales of New Year's Eve lottery tickets in Turkey have plunged 30 percent as distrustful customers seemingly turn their backs on the national lottery's pro-government joint operator.
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Gambling

New York To Allow Mobile Sports Betting On Saturday

The much-anticipated launch of mobile sports betting in New York, the largest U.S. market to permit online wagering to date, will take place on Saturday, following approvals granted by state gaming regulators.
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Gambling

Dutch Gambling Ad Spending Doubles Despite Threat Of Ban

Dutch gambling advertising has more than doubled in the months following legalisation of online gambling on October 1, even as a new Dutch government is poised to consider parliamentary proposals for an ad ban.
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Gambling

News In Brief: January 4-January 7, 2022

ICE organisers issue new dates and operators lobbying in California hit a big ballot milestone.
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Gambling

P27 To Take Over Danish Payments Infrastructure

Finance Denmark, the country’s banking association, has agreed on a new sector plan that will see it replaced by cross-border platform P27 as the country’s clearinghouse.
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Payments

Ex-Swedbank CEO Faces Music Over AML Failings

Sweden’s economic crime watchdog is pressing charges against former Swedbank chief executive, Birgitte Bonnesen, as a consequence of what it deems misleading claims following anti-money laundering (AML) failings in Estonia.
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Payments

Nationwide Should Have Paid More Attention To Capacity Management

The use of legacy systems and negligence by the management team of Nationwide Building Society could be behind the repeated payment outages during the Christmas holiday.<br />
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Payments

LatAm Governments To Turn Eye To CBDCs Rather Than Bitcoin

Mexico’s recent announcement to adopt a central bank digital currency (CBDC) shows that Latin American countries are more likely to adopt their own digital currencies than follow suit with El Salvador’s controversial Bitcoin experiment.
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Payments

Mashpee Wampanoag’s Stalled Casino Plans Revived In Massachusetts

The Mashpee Wampanoag Tribe’s stalled plans to build a major casino-resort on reservation lands in Massachusetts could be revived after the U.S. Department of the Interior’s assistant secretary for Indian affairs confirmed the legal status of the tribe’s reservation.
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Gambling

Major Markets In Focus For U.S. Sports Betting In 2022

After a strong 2021 that saw almost a dozen states either legalize sports wagering or add mobile betting, the focus in 2022 shifts to the future of sports betting in the United States’ most coveted and largest markets.
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Gambling

No Online Slots, Poker Licences Issued Yet In Germany

​​​​​​​No virtual slots or poker licences have been issued in Germany so far, according to records of the agency processing applications.
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Gambling

U.S. Financial Regulator Chair Resigns Amid Bank Merger Review Spat

The chairman of the Federal Deposit Insurance Corporation has announced her resignation after the main federal financial regulators accused each other of a power grab in a debate over bank merger rules.
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Payments

De-Risky Business: Consumers Are Being Affected By Application Of AML Rules, Warns Lithuania’s Watchdog

Although payment service providers do not abuse de-risking practices, there is room for improvement, Lithuania’s central bank has concluded as it starts 2022 with a new survey on the issue.
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Payments

Consensus Builds For CBDC In 2021

In one way or another, most central banks have now come to an affirmative decision on taking fiat money into the digital sphere. However, apart from a few stand out launches and trials, the prospect of a central bank digital currency (CBDC) in some of the world’s largest economies still looks to be a long way off.
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Payments

Update: Binance Scores Regulatory Approval In Bahrain, Canada

The crypto platform that until recently has been known for its catch-me-if-you-can approach has announced that it has received a green light to operate in Bahrain and Canada.
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Payments
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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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