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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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AI Governance ’Crucial’, Warn UK Financial Regulators

A new report published by the Bank of England and the Financial Conduct Authority has emphasised the need for oversight and standards in the City’s response to artificial intelligence (AI).
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Payments

Fed Governor Cautious On Digital Dollar

In laying out a case for how a U.S. central bank digital currency could improve financial stability, the Federal Reserve Governor poses questions that will be on every central banker’s mind.
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Payments

Open Banking Surpasses Five Million Milestone

There are now more than 5m active users of open banking services in the UK spurred on by greater interest in payments for government services.
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Payments

India Exports Instant Payments System To Nepal

India’s Unified Payments Interface has expanded over the border to Nepal as the country’s national payments operator strikes a deal to deliver its popular instant payment service in the Himalayan country.
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Payments

English Councils Want Power To Refuse Gambling Premises

Pressure continues to mount on the UK government ahead of the Gambling Act review white paper, as the Local Government Association and the Association of Police and Crime Commissioners join calls for tougher restrictions.
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Gambling

Chinese, Sihanoukville Officials Meet Ahead Of Crackdown

A senior Chinese diplomat in Cambodia has met Sihanoukville’s governor and local police ahead of a likely major crackdown on online gambling and telephony scam operations that have enslaved thousands of foreign workers.
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Gambling

U.S. Gaming Industry Seeks Updates To Federal AML Regulations

After rapid technology advancements and legal developments in recent years in the gaming industry, the American Gaming Association has said regulatory changes at the federal level are needed to address the growth of online gaming and sports betting.
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Gambling

Third Of UK Crypto Investors Under 18, Research Claims

Although the risks of the use and promotion of cryptocurrencies is often contextualised around adults, children may be just as vulnerable to crypto scams, influencers and market volatility.
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Payments

The Start Of A Revolution? India’s Changing Payments Landscape

The Universal Payments Interface has become a success story for India, but it is financial inclusion that has been the real star of India's payments transformation.
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Payments

Update: Lead Crypto Prosecutor Joins U.S. National Crypto Enforcement Team

The U.S. Department of Justice has appointed Eun Young Choi to serve as the first director of the National Cryptocurrency Enforcement Team.
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Payments

Swedbank Off The Hook Over PSD2 Compliance

Sweden’s financial watchdog has told the retail banking giant that it has closed its investigation; however, it warned that there are some areas where strong customer authentication compliance is not up to scratch.
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Payments

Report Shows 'Shocking Scale' Of UK Black Market, Says BGC

UK trade group the Betting and Gaming Council (BGC) is urging the government to “consider targeted measures” to protect vulnerable players in the long-awaited Gambling Act white paper.
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Gambling

Philippine Senate To Probe Missing Cockfighting Gamblers

The Philippine Senate is set to launch an investigation into rising missing person cases linked to cockfighting and associated online gambling activity.
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Gambling

Denmark Reprimands Kindred Again Over AML Policies

The Danish Gambling Authority (Spillemyndigheden) has given Kindred Group’s Unibet brand four reprimands over lax anti-money laundering and due diligence policies and ordered it to fix its risk-assessment policies.
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Gambling

DraftKings Shares Plummet After Loss Widens, Revenues Beat Expectations

DraftKings stock tumbled more than 20 percent Friday despite the company meeting its revenue projections, a potential sign of investor impatience with the company’s high customer acquisition spending.
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Gambling

Baltic Online Markets Soar Past €400m In 2021

Overall regulated online gambling revenue in the Baltic region jumped by 84 percent year-on-year to €409m in 2021, with exaggerated channel shift helping Latvia and Lithuania to become the latest European markets to pass €100m in annual market size.
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Gambling

Week In Brief - February 18, 2022

A short roundup of some of the week's payments news you may have missed. This week we look at UK Finance's response to FCA Consumer Duty proposals, the threat of crypto to global financial stability, new fintech laws in Egypt, BlockFi's settlement with the SEC and the huge rise in dating fraud in the U.S.
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Payments

EPC Launch QR Standardisation Consultation

Hot off the heels of Ant Group’s report on QR codes in the EU, the European Payments Council (EPC) has published a new consultation regarding standardisation in the trading bloc.
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Payments

Ceasefire! Amazon And Visa Reach Global Agreement

After months of negotiations, a clash of the titans row that has engulfed the payments industry and caused wider debate appears to be over, as the companies announced a new arrangement regarding payment fees. However, could further fee regulation be on the cards?
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Payments

New AML Platform To Build TRUST In Crypto Trading

Leading U.S. crypto firms have joined forces to build a platform called TRUST to comply with travel rule requirements and anti-money laundering (AML) rules.
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Payments
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Regulatory Influencer: Modernizing US AML – The Burden of 'Simplification'

After years of industry advocacy and growing acknowledgment from regulators that the current anti-money laundering (AML) framework is not operating as effectively as it should, two significant proposals signal where the future of AML compliance may be headed in the United States.
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India Considers Measures to Fight Rising Digital Payments Fraud

A Reserve Bank of India (RBI) discussion paper has proposed a series of measures to address rising fraud levels in digital payments and ensure that consumers adopting new modes of payment are not making themselves more vulnerable to scams.
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Revised EU Payments Regulation Package Moves Closer With Release of Draft Texts

Regulated firms across Europe can start to prepare in earnest for the new payments regulation framework, as the long period of high-level speculation ends and the roadmap for implementation becomes clear.
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Finland’s Crypto-Assets Ban Faces Long-Term Challenges

Finland’s new gambling laws ban crypto-assets to curb harm, yet this restriction may inadvertently drive players toward offshore sites, potentially clashing with EU MiCA regulations regarding digital payment parity.
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Regulatory Influencer: The GENIUS Act - From Statute to Supervision

With the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act enacted into law last year, federal regulators are now required to implement its final rules by July 2026. Ultimately, these rules will create a legal framework for stablecoins, a unique form of cryptocurrency designed to maintain a steady value through pegs to a reserve asset.
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New Cross-Border Strategy Moves FedNow From Closed Loop to Open Rail

The notice of proposed rulemaking on plans to open the instant payments service to private-sector intermediaries is a step towards permitting its use in cross-border transactions, bringing the US into line with a global trend.
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UK Government Seeks to Create Safe Space for Advancing Payments Technologies

The announcement of a package of measures intended to boost the UK’s competitive edge and modernise its payments services regulation offers limited novelty, but represents further evolution of the country’s regulatory environment.
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Vixio’s Verdict: Inside the UK FCA’s Open Finance Strategy

The Financial Conduct Authority’s (FCA) Open Finance Roadmap, published in April 2026, demonstrates the regulator’s commitment to open finance as part of its broader smart data strategy and signals early intent to engage with industry as it develops the relevant regulatory framework.
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CASS 15 Resolution Pack Checklist for FCA-Regulated Payment Institutions and E-Money Institutions

To help firms build and maintain a complete, accurate and readily accessible resolution pack, Vixio has created this guide, which breaks down the CASS 15 requirements into actionable workstreams that organisations can use to ensure their documentation is complete.
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Vixio View: The UK’s Crypto Perimeter Clarification – Mapping the Transition to FSMA

In Consultation Paper CP26/13, the Financial Conduct Authority (FCA) adds an extra level of granularity to its plans for the cryptoasset regulatory regime, aiming to avoid edge cases and provide clarity for affected entities.
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