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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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Request To Pay Breaks New Ground With Visa And SIX Announcements

After a relatively quiet year in the news, Request To Pay is once again making headlines as two leading payments firms announce new plans for the overlay messaging service.
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Payments

Alberta Soliciting Proposals For Retail, Mobile Sports Betting

Alberta gaming regulators are accepting bids from perspective operators that want to be licensed in the province to offer retail and online sports betting.
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Gambling

Ohio Bill On-Brand For U.S. Sports Betting In 2021

Complex legislation approved in Ohio last week completes a banner year of expansion in U.S. sports betting and underscores several policy trends that are evolving the market.
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Gambling

Curaçao Circulates Proposal To List Online Gambling Licensees

​​​​​​​The Curaçao government is circulating a proposal that would create an official registry of online gambling licensees on the Caribbean island, in what it calls the first step toward developing a long awaited re-regulation.
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Gambling

Latest CBDC Experiment Successfully Crosses The Alps

The Bank for International Settlements, Banque de France and the Swiss National Bank have concluded a successful cross-border experiment, using a wholesale central bank digital currency (CBDC).
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Payments

Week In Brief - December 10, 2021

A short roundup of some of the week's payments news you may have missed. This week we look at the UK Payment Systems Regulator's consultation on Confirmation of Payee, U.S. rulemakings aimed at fixing anti-money laundering loopholes, India's new national blockchain strategy, Klarna's new BNPL browser extension and news that blockchain SETL has demonstrated it can process a remarkable 1m transactions per second.
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Payments

Latvia Wants To Become Global Fintech Hub

The Baltic country is trying to attract fintech businesses through an open regulatory approach, but there is more to be done if the country wants to become the new home to global fintech.
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Payments

Irish Payments Collaboration Comes Up Against Regulator Scrutiny

A new mobile payments platform being developed by Ireland’s top banks has come up against a barrier, with the country’s antitrust watchdog announcing a new investigation.
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Payments

Polish Gambling Industry Expects Tax Switch As Largest Bookmaker Goes Public

Poland’s bookmakers believe they are close to convincing the government to replace a 12 percent revenue tax on betting with a gross gaming revenue tax.
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Gambling

Maryland Launches Retail Sports Betting, Mobile Expected In 2022

MGM Resorts International opened a BetMGM-branded sportsbook at its National Harbor casino on Thursday, as Maryland became the 11th state to launch legal sports betting this year.
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Gambling

UK Details Compliance, Enforcement Crackdowns

The UK Gambling Commission’s Compliance and Enforcement Report details a record-breaking volume of fines and pinpointed “unacceptable” failings.
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Gambling

News In Brief: December 6-December 10, 2021

Bet-at-Home Austria enters administration, Buenos Aires launches online gambling and NagaCorp wins social award despite firings.
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Gambling

Australia Commits To Next Generation Payments Reform

By mid-2022, the government will have set out plans for payments modernisation and new crypto laws in what “will be the most significant reforms for 25 years”, the country’s finance minister has confirmed.
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Payments

Sign Of The Times: Visa Launches Crypto Consultancy

Visa has announced that it is launching a new crypto advisory service, alongside new research which has found that 41 percent of UK adults either use cryptocurrencies or view them positively.
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Payments

New Hungarian Superbank Draws Inspiration From Tesla And Asimov

As the first part in the merger of three Hungarian banks draws close, the new "superbank" will aim to shake up the financial services market in the country and throughout Eastern Europe with a focus on modernisation and digitalisation.
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Payments

DeFi Is An Illusion, BIS Says

A new report by the Bank for International Settlements (BIS) says decentralised finance (DeFi) is an illusion and may impose severe vulnerabilities on financial stability.
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Payments

Ohio Legislature Approves Sports-Betting Package

Legislation to permit sports betting in Ohio is heading for the governor’s desk after a whirlwind day where the bill was amended and approved by both chambers of the state legislature.
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Gambling

Regulators Pick Developers For Illinois Casino Projects

Illinois gaming regulators voted unanimously Wednesday to grant findings of “preliminary suitability” to developers for new casinos in Waukegan and the southern suburbs of Cook County, bringing a selection process that has lasted more than two years closer to an end.
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Gambling

UK Gambling Minister Backs 'Proportionate' Affordability Checks

The new UK minister for gambling has called for “proportionate” affordability checks and backed a “single customer view” to share data across multiple operators to detect problem gambling behaviour.
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Gambling

Competition Winners Upbeat For Private Sector Opportunities In CBDC Race

Disintermediation for some or an opportunity to play a central role in the new payments paradigm? VIXIO discusses the increasingly real prospect of central bank digital currencies (CBDCs) with the three winners of the recent Singapore CBDC Global Challenge.
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Payments
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War in the Middle East Set to Accelerate Decoupling From Traditional Infrastructure

The new geopolitical realities mean that payments firms will need to reassess their compliance priorities to protect themselves against the risks posed by Iranian and other sanctioned actors.
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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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