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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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Trump Appointee Shuts Down CFPB On First Day In New Role

The US Consumer Financial Protection Bureau (CFPB) is facing an existential crisis following an immediate suspension order issued by its new acting director.
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Payments

Daily Dash: MPs Launch Inquiry Into AI's Role In Financial Services

UK lawmakers on the influential Treasury Select Committee have launched a new inquiry into the growing use of artificial intelligence (AI) in banking, pensions and financial services, with a focus on consumer protection and financial stability.
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Payments

European Commission Rejects DORA Subcontracting Rules, Triggering Uncertainty

The European Commission has rejected significant provisions for subcontracting ICT services, arguing that certain requirements exceed the mandate provided under the Digital Operational Resilience Act (DORA).
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Payments

El Salvador Amends Bitcoin Law, Allowing Merchants To Refuse Bitcoin

As per the terms of a new loan agreement with the International Monetary Fund, El Salvador is rolling back its efforts to promote the use of Bitcoin as a currency.
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Payments

Barclays Asks UK Customers To Call On Friends, Family And Food Banks During Weekend Outage

Barclays is in damage-control mode following a weekend of outages that led the bank to suggest that affected customers may wish to call on their friends and family for help.
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Payments

New Consultation On cVRPs Aims To Boost Open Banking Adoption In The UK

Open Banking Limited has announced a public consultation on the multilateral agreement for commercial variable recurring payments (cVRPs), which could lead to increased use of open banking.
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Payments

PaymentsCompliance Outlook: APP Fraud

This report is part of Vixio PaymentsCompliance’s Outlook series, which provides subscribers with forward-looking insights and consolidated research on key segments of the global payments industry. This edition is designed to provide high-level intelligence on APP fraud in 2025
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Payments

US Government Will Use AI To 'Eliminate' Illicit Use Of Tether, Lutnick Tells Senate

Tether custodian and Trump Cabinet pick Howard Lutnick has told US lawmakers that illicit use of stablecoins can be "eliminated" by using AI tools to "rip through" the blockchain.
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Payments

KuCoin To Pay $300m In Penalties For Operating Illegally In US

KuCoin, a Seychelles-based crypto exchange, will face significant penalties after pleading guilty to operating as an unregistered money services business in the US.
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Payments

ECB Finalises Access To Payment Systems Policy

Payments and e-money institutions have come a step closer to gaining access to central bank payment systems in the Eurozone, after the European Central Bank (ECB) outlined its policy for the regulatory change.
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Payments

MEPs Probe Italy's Compliance With Payment Rules Over pagoPA Fees

The European Commission has been urged to investigate Italy’s compliance with EU payment regulations following concerns that fees are being charged on electronic transactions via the government-run pagoPA payment system.
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Payments

Daily Dash: BaFin Flags Virtual IBANs As Money Laundering Risk

Germany’s Federal Financial Supervisory Authority (BaFin) has joined the European Banking Authority and the Banca d’Italia in raising the alarm about the use of virtual IBANs for illicit financial transactions.
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Payments

Kambi Secures Nevada Gaming License

The Nevada Gaming Commission has approved final licensure for sports-betting supplier Kambi Group, clearing the way for its entry into the state’s gaming market.
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Gambling

News In Brief: January 27-January 31, 2025

Ireland's gambling regulator says it is ready to start hiring officials, Estonia to work on gambling law amendments this year, North Dakota wants to close its gambling regulator and another NBA player is under investigation over allegedly suspicious bets.
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Gambling

Colombia Proposes Emergency Online Gambling Tax

Colombia has proposed waiving gambling’s value added tax (VAT) exemption for the next 90 days to fund relief efforts for the Catatumbo region.
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Gambling

UK Government Has 'No Plans' To Mandate Cash Acceptance, Says Minister

A newly appointed minister has said the Labour government has "no plans" to mandate that retailers accept cash, but is also not planning for a "cashless society".
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Payments

Week In Crypto: Binance Hit By Tax Fraud, Money Laundering Probe In France

France opens a criminal probe into Binance, Utah and Arizona move towards investing state funds in Bitcoin, and the Czech central bank also sees a role for Bitcoin in its portfolio.
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Payments

PSR Establishes Five-Point Plan To Drive UK Economic Growth In Payments Sector

In a letter to Prime Minister Keir Starmer, the Payment Systems Regulator (PSR) has set out its deliverables for growth, including action on card fees and infrastructure.
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Payments

BetMGM Fined $260,000 In Pennsylvania For Self-Exclusion Violations

BetMGM will pay a $260,905 fine after reaching an agreement with Pennsylvania gaming regulators over an investigation into allowing more than 150 self-excluded players to wager on the platform.
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Gambling

iGaming Debate Remains The Same In Maryland: Tax Revenue Versus Cannibalization

As Maryland lawmakers consider ways to close a multibillion-dollar budget deficit, two bills to raise new tax revenues through legalizing internet casino games are back on the legislative agenda for the second straight year.
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Gambling
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US CBDC Ban and Stablecoin Compromise Point to Potential Digital Asset Framework

Following a Senate vote to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC), an agreement on stablecoin yields has established a boundary between passive interest and activity-based rewards.
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Singapore and US Frameworks Aim to Guide the Rapid Integration of AI

The initiatives contrast in approach and intent, but together signal a transition from abstract artificial intelligence (AI) theory towards concrete regulatory implementation and sector-specific oversight.
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Regulatory Influencer: DORA Year Two - Moving from Implementation to Application

Regulation (EU) 2022/2554 on digital operational resilience for the financial sector (DORA) became applicable across EU member states on January 17, 2025. As we enter the second year of application, how has the regulation transformed the operational resilience of the financial sector in Europe?
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UK Court of Appeal Decision Means Continued Uncertainty on Interchange Fees

Permitting Visa and Mastercard to challenge the Competition Appeal Tribunal’s (CAT) previous ruling returns the UK payments sector to legal volatility, leaving the cost of card acceptance an unsettled question as regulators promote alternatives.
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New US Cyber Strategy Offers Ambition But Few Details

The Trump administration’s vision for cybersecurity signals its priorities, which include working closely with the private sector to identify fraud networks and suspicious financial flows, but stakeholders must wait to learn of any new obligations.
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Decoding the UK Regulatory Grid: Banking, Credit and Lending Analysis

The ninth edition of the UK’s Regulatory Initiatives Grid, published in December 2025, sets out the country’s financial services regulatory agenda for the next two years. In this piece, Vixio examines what the regulators have outlined in the banking, credit and lending section of the latest grid, explains the likely impact of developments on financial institutions and suggests what the regulators’ stated priorities tell us about the direction of travel in the UK.
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Deepening of Poland’s Crypto Regulation Deadlock an Existential Threat to Local Industry

The country still lacks a regulatory framework for digital assets, creating a significant challenge for Polish crypto firms, which may be forced to suspend operations or rapidly migrate to other EU jurisdictions to maintain market access.
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Regulating by Result: Converging Global Standards for Subscription Transparency and Consumer Protection

Subscription-based business models have become a defining feature of digital commerce, prompting increased regulatory scrutiny of recurring payment practices. As recurring billing has expanded across sectors, including media, fintechs, and retail memberships, regulators are increasingly focused on consumer protection issues such as transparency of pricing and renewal terms, informed consumer consent, ease of cancellation, and prevention of so-called “subscription traps”.
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UK’s New Fraud Strategy Represents Renewed Push to Combat its Fastest-Growing Crime

The plan aims to modernise the country’s response to the evolving threat via a more coordinated and technologically enabled prevention model based on improved analytical capabilities, stronger governance and deeper collaboration with industry.
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FCA Stablecoin Sprint Highlights the Need for 'Money-Like' Regulatory Treatment

Participants identified several foundational questions for the UK cryptoasset framework, including areas of regulatory treatment and infrastructure design that must be addressed for stablecoins to operate at scale as payment instruments.
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