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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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New Zealanders Say No To CBDC In Record-Breaking Consultation Response

A consultation on central bank digital currency (CBDC) has provoked more responses than any consultation in New Zealand’s history, as the public voices its concern over privacy and surveillance risks.
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Payments

EBA Issues Last-Minute DORA Q&As

The European Banking Authority (EBA) has published a new set of clarifications on the EU’s Digital Operational Resilience Act (DORA), as the January 17 implementation deadline nears.
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Payments

Daily Dash: EU Adopts 15th Sanctions Package

The European Union has adopted its 15th package of sanctions aimed at curbing Russia’s capacity to continue aggression towards Ukraine. The measures announced target individuals, entities and mechanisms supporting Moscow’s military and industrial complex.
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Payments

Entain Prosecuted In Australia Over 'Systemic' AML Failures

After a 27-month investigation, Australian financial transactions regulator AUSTRAC has launched a civil prosecution against Entain's Australian subsidiary over “serious and symptomatic non-compliance” with anti-money laundering and counter-terrorism financing laws.
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Gambling

Nevada Regulators Revoke License Of Former Casino Executive

Nevada gaming regulators have agreed a settlement that will effectively cost Scott Sibella, the former top executive with Resorts World Las Vegas and MGM Grand, his career in the casino industry almost a year after he pled guilty to criminal charges associated with a money laundering case involving an illegal bookmaker.
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Gambling

Brazil 'Sin Tax' Advances, As Colombia VAT Plan Stalls

Online gambling groups in Brazil and Colombia have had contrasting fortunes in their lobbying efforts to avert new taxes being applied to the industry.
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Gambling

CFPB Director Hints That He Will Not Resign, But 'Respects' Trump's Right To Fire Him

The director of the US Consumer Financial Protection Bureau (CFPB) has refused to say whether he will resign when Donald Trump takes office, leading to speculation that he will be fired.
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Payments

UK Treasury Taps City Lawyer To Review Payments, E-Money Insolvency Framework

HM Treasury has confirmed the appointment of Adam Plainer, a prominent restructuring lawyer in London, to lead a review of the insolvency regime for payments and e-money firms.
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Payments

PSR To Merge Managing Director Role With FCA Position

The UK payments regulator has confirmed that it will be recruiting for a managing director, who will also be responsible for oversight of payments and digital assets at the Financial Conduct Authority (FCA).
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Payments

CFPB's Final 1033 Rule A Missed Opportunity For Some, Despite Progress

The final version of the rule on data sharing was welcomed by much of the industry, but some in the sector consider it a missed opportunity to advance safer open banking in the US.
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Payments

Cross-Border Interchange Fees At 'Unduly High Level', Says PSR

The Payment Systems Regulator (PSR) has confirmed significant competition concerns regarding cross-border interchange fees and is proposing a price cap to curb excessive costs for UK businesses. However, it remains open minded as to what this price cap will be.
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Payments

Tennessee Targets Influencers In Updated Sports-Betting Rules

Tennessee regulators will consider new rules for sports betting next month that include unique requirements for the use of influencers or brand ambassadors by operators to promote their products.
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Gambling

News In Brief: December 9-December 13, 2024

A coalition of sports-betting operators in Michigan is organising opposition to a 0.1 percentage point tax increase.
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Gambling

Daily Dash: Egypt Launches New Instant Payouts Service For Incoming Remittances

The Central Bank of Egypt (CBE) has announced the launch of a new banking feature, which will allow customers to receive remittances in real time via the country’s instant payment network (IPN).
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Payments

Regulatory Influencer: Saudi Arabia E-Wallet Rules Catalyse Digital Transformation

On November 17, 2024, the Saudi Central Bank (SAMA) published E-Wallet Rules as part of its reforms to the supervision of electronic money institutions (EMIs). The new rules include provisions and obligations related to the requirements for opening electronic wallets (e-wallets) and the verification of clients’ identities.
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Payments

Week In Crypto: US Regulators Urge Congress To Pass Federal Stablecoin Legislation

US regulators have called on lawmakers to introduce federal stablecoin legislation, in an effort to guard against the risk of runs and fraud posed by “opaque” issuers.
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Payments

European Commission Pushes For ‘No Action Letter’ To Address PSD2/MiCA Interplay

The European Commission has acknowledged the “certain overlap” between the Payment Services Directive (PSD2) and the Markets in Crypto-Assets (MiCA) regulation, calling for supervisory authorities to take action.
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Payments

Danish Hardware Business Faces Enforcement Action For Mastercard Surcharge

The Danish Competition and Consumer Authority has said that it will report retail merchant Silvan to the police, for violating the country’s Payments Act by charging a fee for a customer paying with Mastercard.
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Payments

Illinois Licenses Bet365, Keeps Temporary Ban On Objectionable NFL Wagers

The Illinois Gaming Board has granted a sports-betting license to bet365 to offer retail and mobile wagering though a partnership with Walker’s Bluff Casino, while keeping a temporary suspension on certain National Football League wagers in place until next year.
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Gambling

Kindred Appeal Loss Means It Must Prove It Has Exited Norway

An appeals court loss for Kindred Group’s Trannel International has led the Norwegian Gambling and Foundation Authority to order the Française des Jeux (FDJ)-owned online gambling company and its rival Betsson Group to confirm they do not market gambling to Norwegians, or face daily fines.
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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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