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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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AISPs Win As FCA Changes SCA Rules

From March 26, 2022, UK banks will be encouraged to only use strong customer authentication for the first access request from an account information service provider, the Financial Conduct Authority (FCA) has said
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Payments

Non-Banks Have Two Weeks To Apply For e-Money Licence In Philippines

The Philippines central bank has imposed a two-year moratorium on electronic money issuer licences to non-banks, starting from December 15.
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Payments

Japan’s Banks Plot Digital Currency Launch In 2022

A coalition of Japan’s financial institutions has committed to issuing a digital currency to the Japanese population in late 2022, with trials beginning as early as this year.
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Payments

Entain Fined Again, Warned Licence At Risk In Australia

The Northern Territory Racing Commission has issued a second maximum fine to sports betting giant Entain Group for offering bonuses to potential customers, warning of licence cancellation in the event of a third “extremely serious” breach.
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Gambling

New U.S. Sports-Betting Regulators To Monitor Ad Boom

As some legislators and regulators in established U.S. sports-betting states have begun to express concern over advertising saturation, regulators in new markets say it is something they will monitor. Regulators from Arizona, Louisiana and Maryland spoke about advertising and a host of other topics on VIXIO GamblingCompliance’s “Meet the Regulators” webinar earlier this month.
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Gambling

Ireland Lottery Rules Under Pressure

Ireland’s interim lottery laws and main National Lottery game are under pressure following calls for an audit and investigation into the number of times the jackpot has gone unclaimed.
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Gambling

BIS Outlines Plans For 24/7 Central Bank Settlement

A new consultation report from the Bank for International Settlements (BIS) seeks to increase opening hours for real-time gross settlement (RTGS) systems, but experts are split on just what the solutions proposed can do.
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Payments

India Unlikely To Ban Crypto Completely

India has tabled a new cryptocurrency bill that may restrict certain cryptocurrency activities while paving the way for a central bank digital currency (CBDC). However, it is unlikely that the country would impose a complete ban on crypto activities.
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Payments

No Cash - Dutch Regulator Calls For Clarity At Retailers

Europe’s tug of war with cash and digital payments continues as De Nederlandsche Bank (DNB) tells merchants to be clear that they accept cash payments.
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Payments

DBS Outage ’Quite Unacceptable’, Expert Says

Many banks still use outdated legacy systems, but it is “unacceptable” for a large bank like DBS to have services down for more than 24 hours, an expert told VIXIO.
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Payments

Suncity Boss Alvin Chau Arrested In Calamity For Macau Junkets

Macau gaming mogul and Suncity junket boss Alvin Chau and ten other suspects have been detained or questioned after the issuance of an arrest warrant for Chau in mainland China.
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Gambling

UK Football Fans Unite Against Gambling Ads

A new coalition of nine UK football supporter groups is campaigning to ban all gambling advertising and sponsorships in the sport.
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Gambling

DraftKings, FanDuel Lobby California Tribes Over Mobile Sports-Betting Initiative

DraftKings and FanDuel are preparing to spend millions of dollars and confront strong tribal opposition in order to pass ballot measures to authorize online sports betting in both California and Florida next year.
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Gambling

Florida Judge Denies Seminole Stay, Tribe Files Appeal With Federal Court

The Seminole Tribe of Florida on Thursday filed an emergency motion with the federal court of appeals in Washington, D.C., seeking a stay of a ruling that online sports betting allowed under the tribe’s compact with the state violates federal law.
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Gambling

Bank Of Lithuania Revokes Licence Of Epayblock

Lithuania’s central bank has revoked the licence of epayblock, an e-money institution, due to anti-money laundering failures.
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Payments

Week In Brief - November 26, 2021

A short roundup of some of the week's payments news you may have missed. This week we look at the CMA's lessons learned review in the UK following the recent open banking scandal, proposals in Japan for a bank deposit-backed digital currency, the strong demand for request to pay in Europe and news that NFT, or non-fungible token, has become word of the year.
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Payments

BNPL: UK Government Consultation and International Overview

On October 21, 2021, the UK government launched a consultation on the potential scope of regulation and regulatory controls for buy now, pay later (BNPL) products, which are currently unregulated. This analysis focuses on the government’s views contained in the consultation, as well as their potential impact for the currently unregulated BNPL product providers. It also gives an overview of the initiatives, in relation to this kind of product, taken in other jurisdictions.
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Payments

Access Key To Innovation, Square Tells Payments Canada

As Payments Canada gears up to launch its new real-time rail (RTR) infrastructure, payments company Square tells the trade association, in an interview on its website, that expanding access is critical to supporting innovation and competition in the market.
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Payments

Should FCA Reconsider Its Approach To Whistleblowers?

Nobody doubts the usefulness of tipsters in the fight against financial crime, but the UK's Financial Conduct Authority (FCA) has long eschewed the idea of rewarding them for their information, no matter how crucial. In view of the success of the US' Dodd-Frank regime, it might profit by reviewing this long-established policy.
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Payments

European Politicians Keep Gambling Ads In Crosshairs

​​​​​​​Gambling advertising in Europe remains a hot political topic, even as a long-awaited UK fan-led review of football governance fails to flag the sport’s relationship with gambling as a major issue.
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Gambling
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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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