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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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Finnish PM Backs Budget To Cover Veikkaus Beneficiaries Shortfall

The Finnish government wants to set aside €332m in next year's budget to ensure non-government organisations do not miss out on any funding because of declining Veikkaus profits.
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Gambling

Dismissal Of Florida Challenge Of Seminole Compact Could Hurt Other Lawsuits

A federal judge’s dismissal of a lawsuit against the Florida-Seminole compact could set a damaging precedent for two other lawsuits against the compact in Washington, D.C.
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Gambling

HMT Payment Landscape Response Demonstrates Open Banking Sense Of Urgency

Open banking enabled payments could be a key driver of future competition between UK payments networks, but the adoption of such payments are still in the early stages, predominantly being used to make one-off payments, the government response to the Payments Landscape Review has cautioned.
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Payments

News In Brief - October 19, 2021

Hong Kong’s Faster Payment System experiences an outage over the weekend.
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Payments

Klarna Payments Circumvent Gambling Blocks, Says Gamban Co-Founder

Swedish fintech firm Klarna Bank has said customers cannot use any of its pay later or credit products to bet, but the co-founder of a gambling blocking software claims its direct bank transfer system circumvents personal account gambling payment blocks.
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Payments

Randell Steps Down — FCA And PSR Chair To Leave In Spring 2022

Charles Randell has asked the UK’s Chancellor of the Exchequer to begin the process of finding his successor — a year earlier than expected.
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Payments

U.S. Treasury Issues Report On Ransomware Trends And Sanctions Compliance Guidance For Crypto Firms

As part of a “whole-of-government” effort, the U.S. Treasury's new report finds an increasing threat from ransomware attacks, while it also offers guidance to help prevent the illicit use of virtual currencies by sanctioned persons.
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Payments

Klarna Payments Circumvent Gambling Blocks, Says Gamban Co-Founder

Swedish fintech firm Klarna Bank has said customers cannot use any of its pay later or credit products to bet, but the co-founder of a gambling blocking software claims its direct bank transfer system circumvents personal account gambling payment blocks.
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Gambling

Polish Ombudsman Wants To Overhaul Gambling Tax

A top official from a government-appointed business group has joined the chorus calling for Poland to reform its betting tax rates.
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Gambling

Bet-At-Home To Withdraw From Austria Over Player Lawsuits

Frankfurt-listed Bet-at-Home.com has said it is temporarily withdrawing its online casino operations in Austria, due to legal claims for reimbursement of player losses.
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Gambling

New Jersey Sports Betting Cracks $1bn Handle Barrier

The beginning of the 2021 National Football League (NFL) season and the marketing blitz that accompanied it boosted New Jersey sports-betting handle to a U.S. record $1.01bn in September, according to figures released on Monday.
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Gambling

UK Regulator Warns Of Work From Home Risks

COVID-19 may have seen working from home policies and flexible working revolutionised, but the UK’s financial watchdog has warned supervised firms to ensure compliance lapses do not creep in, should they choose to continue with a hybrid approach.
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Payments

Give Us A Crypto Regulator, Coinbase Asks

Laws drafted in the 1930s to facilitate effective oversight of our financial markets could not contemplate this technological revolution, Coinbase has highlighted in a new discussion paper calling for the U.S. to create a new crypto regulator.
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Payments

News In Brief - October 18, 2021

The EU’s banking watchdog has repealed its internet security guidelines for payments, while three technology firms in Singapore have launched a new platform to support environmentally friendly financial services.
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Payments

The Brazilian Bitcoin Gaffe - Why Bitcoin Is Not Going To Be Legal Tender In Brazil Any Time Soon

It has been widely reported that Brazil was following El Salvador by making Bitcoin a legal tender. However, VIXIO sources say this is far from the truth.
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Payments

Lithuania Approves Online Licence, Tax Changes

Lithuania’s parliament has adopted amendments to the gambling law that allow for a new type of online gambling licence from July 2022.
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Gambling

Washington Tribes Critical Of State Sports-Betting Rules

As more tribal casinos in Washington state begin to accept wagers on games, behind the scenes, regulators are inching closer to approving another set of rules to be added to state gambling regulations by the end of the year.
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Gambling

Palacegate Casino Seeks Buyer As Tourists Shun London

Liquidators Grant Thornton have taken control of one of London's most famous casinos after the COVID-19 pandemic and a tourist drought left the Palacegate struggling to pay its staff.
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Gambling

Aristocrat Offers £2.1bn To Buy Playtech

In a dramatic move for the global online gaming space, Australian gaming machine giant Aristocrat Leisure has made a takeover offer of more than £2.1bn ($2.9bn) for UK gaming software and platform developer Playtech, whose board fully backs the deal.
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Gambling

G7 Outlines CBDC Principles

The G7, including countries such as the United States, United Kingdom and Germany, has published Public Policy Principles for Retail Central Bank Digital Currencies (CBDC), with issues such as financial stability and cybersecurity taking centre stage.
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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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