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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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German Slots Applicants Not Allowed To Offer Bonuses, Lawyer Says

German contenders for virtual slots and poker licences should not be offering player bonuses while they await results of their applications, as offering incentives is considered illegal advertising, a gambling lawyer has said.
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Gambling

Kenya Jumps Into CBDC Race

The Central Bank of Kenya has begun a consultation on the issuance of a central bank digital currency (CBDC), but will the mobile payments heavy country actually need one?
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Payments

HMRC Makes History With First NFT Seizure

HM Revenue & Customs (HMRC), the UK’s tax authority, has announced that three people have been arrested on suspicion of a £1.4m VAT repayment fraud involving 250 fake companies.
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Payments

Brazil Presses On With Payments Modernisation Journey

Brazil has ambitious plans to continue on its successful path towards payments modernisation in 2022, bringing new features to its PIX instant payment network, expanding open finance functionalities and carrying out a central bank digital currency pilot.
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Payments

Karnataka High Court Voids Ban On Skill Gaming With Stakes

The Karnataka High Court has struck down a state government ban on online skill gaming with stakes, in a judgment brimming with references to individual liberty, privacy and the freedom to do business.
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Gambling

Gambling Reforms Are Clear And Present Danger, UK Racing Warned

British racing faces a “clear and present danger” if the government gets changes to gambling law wrong and the next few weeks are "absolutely critical" to the sport's future, the gambling industry’s trade body chief has warned.
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Gambling

New York Lawmakers Continue Push To License Downstate Casinos

New York lawmakers are continuing their efforts to bring casino expansion to the downstate region sooner than originally planned.
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Gambling

EU Needs More Harmonisation On Access To Cash

Campaigners are sceptical about whether EU-wide rules offer enough of a lifeline for cash, and have called for better criteria to aid communities.
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Payments

BNPL Firms Change Terms Amid FCA Concerns

Although regulations governing buy now, pay later (BNPL) are still in the making, the UK’s Financial Conduct Authority (FCA) has asked the largest providers to amend their “potentially” unfair contract terms and offered general guidance to firms operating in the sector.
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Payments

Private Sector Takes Initiative In dSterling Pilot

A UK payment initiative to facilitate collaboration between the private and public sectors has launched with the intention to usher in a new era of digital payments using a central bank digital currency.
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Payments

A Sharp Decline: Cheque Usage In Britain

Although cheques are still used, usage continues to dwindle among consumers, businesses, charities and schools, research by Pay.UK suggests.
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Payments

The Crash At DCash - The Significance Of Resilience In The Caribbean

The resilience of payments is one of the key cited benefits of the Eastern Caribbean central bank digital currency. However, consumers and businesses were unable to use their DCash due to a system crash, casting doubt on this key aspect of the platform.
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Payments

Virginia Lawmakers Consider Casino Referendums, Ending College Betting Ban

A bill to allow the city of Petersburg to hold a referendum for a casino and ban Virginia's state capital of Richmond from holding a second vote for five years has been killed by a Senate committee, to the surprise of the measure’s sponsor who plans to revive his proposal.
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Gambling

Blackstone Takeover Of Crown Resorts Moves Into High Gear

A Blackstone Group takeover of Australian casino operator Crown Resorts has become much more likely after the companies entered into a scheme implementation deed, with each committing to a break fee of A$89m ($63m).
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Gambling

As COVID-19 Impact Recedes, Brexit Blowback May Surface

COVID-19 travel restrictions have been obscuring Brexit complications for gambling companies, consultants and conference organisers, but problems are set to become more obvious as travel resumes.
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Gambling

New Zealand’s CBDC Plans Take Shape

New Zealand’s central bank governor has announced the rollout of the country’s proof of concept plans for its central bank digital currency (CBDC) initiative.
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Payments

A Week Is A Long Time In Politics For U.S. Digital Currencies

From crypto tax easing to greater regulatory oversight, U.S lawmakers have been abuzz with new initiatives concerning digital currencies. VIXIO reviews a (a)typical seven-day period, showing that widespread discussions on various aspects of digital assets are firmly on the table on Capitol Hill.
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Payments

Week In Brief - February 11, 2022

A short roundup of some of the week's payments news you may have missed. This week we look at the latest UK announcement on the implementation of Confirmation of Payee, Chinese AML fines and the completion of the first cross-chain pilot transaction between UK and EU participants. We also provide a short analysis of the latest current account switching stats in the UK.
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Payments

UK Regulator Denies Selecting National Lottery Favourite

The Gambling Commission has denied media reports that it has already recommended to the UK government that operator Camelot should be awarded the ongoing national lottery tender.
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Gambling

New York Attorney General Warns Of Deceptive Sports-Betting Advertising

New York’s attorney general has issued an alert to players warning of “deceptive online sports-betting companies” offering misleading promotions in advance of Sunday’s Super Bowl between the Los Angeles Rams and Cincinnati Bengals.
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Gambling
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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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