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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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U.S. Operators Cautious On Crypto But Embracing Cashless Payments

The CEOs of two of the world’s most powerful casino companies responded with caution when a keynote panel at last week's Global Gaming Expo (G2E) turned to cryptocurrencies.
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Gambling

ICO Stresses High Data Protection Standards In Post-Brexit Consultation Response

The devil will be in the detail of the government’s data protection reforms, the Information Commissioner’s Office (ICO) has said in response to the UK government’s push to overhaul the 2018 Data Protection Act.
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Payments

Week In Brief - October 8, 2021

A short roundup of some of the week's payments news you may have missed.
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Payments

NatWest Makes History In Landmark Money Laundering Prosecution

National Westminster Bank (NatWest) has become the first bank to be prosecuted by the UK’s Financial Conduct Authority for failing to comply with anti-money laundering rules.
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Payments

UK Data Regulator Gives Thumbs Up To Single Customer View

UK gambling operators sharing customer data to help cut problem gambling would probably be legal, according to a new report.
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Gambling

Irish Opposition Proposes Credit Card Gambling Ban

A new bill in Ireland that would ban the use of credit cards to gamble has been called a “no brainer” as it cleared its first hurdle without any opposition.
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Gambling

Tight Race In Election To Allow Sports Betting On New Jersey Colleges

Recent polling indicates trouble for a November 2 referendum to allow betting on college games in New Jersey.
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Gambling

News In Brief: October 4-October 8, 2021

The Malta Gaming Authority has updated its rules and regulations surrounding match-fixing and suspicious betting events.
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Gambling

South-East Asia - A Hot and Fast-Growing Payments Region

As historically popular Asian markets are becoming less supportive towards innovation, South-East Asian countries are emerging as a rapidly growing market with plenty of opportunities.
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Payments

PSR May Still Intervene Over Merchant Fees Despite New Guidance

The UK's Payment Systems Regulator (PSR) has hinted that it may still intervene over merchant rates as responses to its new guidance on interchange regulation highlight rising fees as a result of Brexit.
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Payments

International Regulators Launch New Stablecoin Consultation

Stablecoins should observe international standards for payment, clearing and settlement systems, the Committee on Payments and Market Infrastructure and the International Organisation of Securities Commissions have clarified in a new consultation.
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Payments

PGA Tour Seeks Market-Access Expansion Beyond Arizona

Arizona’s new regulatory framework, which grants professional sports organizations similar control over sports-betting market access as casinos, should be a model for other states to follow, according to a senior executive with golf’s PGA Tour.
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Gambling

NIGC Issues New Sports-Betting Guidance For Expanding Tribal Market

As Louisiana this week becomes the latest state to host sportsbooks in tribal casinos, the federal regulatory agency for Indian gaming has cautioned that proposed deals between tribes and sports-betting partners risk being disapproved unless the tribe retains clear control over the operation.
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Gambling

MGM Boss Says DraftKings-Entain Deal Has 'One Key Caveat'

With DraftKings and Entain still in talks regarding a potential takeover bid by the U.S. sportsbook powerhouse, the CEO of Entain partner MGM Resorts has weighed in and pointed out a key roadblock for the two sides.
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Gambling

Sweden Squeezing Unlicensed Operators Following Government Report

The Swedish Gambling Authority’s new strategy to tackle illegal online gambling will make it very hard for unlicensed operators to target Swedish consumers, according to the managing partner of the law firm Nordic Gambling, Morten Ronde.
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Gambling

Consumer Data Leaked From Brazil’s PIX

An investigation has been opened against Brazil’s Banco Banese, after local media reports of a personal data leakage from customers of various financial institutions involving the country’s new instant payments service, PIX.
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Payments

As U.S. Casinos Embrace Cashless Gaming, Regulators More Cautious

As the U.S. gaming industry continues to bring mobile wallets and other cashless products to market, there are hurdles from a regulatory standpoint as state regulators try to understand the importance of this technology, according to lobbyists and gaming executives.
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Payments

Hong Kong Monetary Authority White Paper Proposes General-Purpose CBDC

Hong Kong has set a new course in its exploration of a central bank digital currency (CBDC) by issuing a white paper targeting a retail CBDC.
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Payments

News In Brief - October 6, 2021

There has been a dramatic increase of 60 percent in fraud cases between the first half of 2020 and the first half of 2021, the Belgian financial regulator has warned.
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Payments

Karnataka Online Ban In Force As Industry Prepares Legal Action

Indian fantasy sports companies are now blocking users in Karnataka after a ban on all gaming with stakes came into force in the southwestern state on Tuesday, but market leader Dream11 has yet to declare its hand.
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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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