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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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Singapore Confirms Casino Duopoly To 2030, Raises Taxes

The Singaporean parliament has codified a 2019 announcement that Las Vegas Sands and Genting Singapore will control the city-state’s casino market until at least 2030 while paying higher gaming taxes.
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Gambling

Uganda Regulator Highlights Challenges As COVID-19 Restrictions Ease

​​​​​​​Uganda’s Lotteries and Gaming Regulatory Board has said its responsible gambling programme will be a “yardstick” for all industry stakeholders, as the regulator positions itself as one of Africa’s busiest authorities.
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Gambling

Potential UK Sports Sponsorship Ban Enters The Spotlight

The debate over whether UK gambling companies should be banned from sports sponsorship is heating up, amid reports that the Premier League will petition the government for leniency.
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Gambling

Crypto To Grow Tenfold By 2024, Experts Predict

Crypto was a constant in 2021 and nobody quite expected it. Prices boomed, investment did as well, and corporations that had previously given the products a cold shoulder came on board. Experts tell VIXIO why 2022 may be the biggest year yet.<br />
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Payments

Update: Banks Support U.S. Plan To Migrate ISO 20022 In 2023

The American Bankers Association supports single-day migration to the game-changer ISO 20022 messaging standard in November 2023, but calls for more guidance from the Federal Reserve.
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Payments

Member State Regulators Lobby For Powers Old And New

Although many have greeted the prospect of more uniform rules for financial regulation in Europe, some member state-level regulators and trade associations have questioned just how stringent these should be.
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Payments

UK Fines Law Firm For AML Violations

Mishcon de Reya, the UK law firm known for representing the rich, famous and powerful, has been fined £232,500 over anti-money laundering (AML) failures.
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Payments

DraftKings, FanDuel Running Out Of Time For Florida Sports-Betting Referendum

With just 22 days to go, DraftKings and FanDuel have collected less than one third of the signatures necessary to put their sports-betting initiative on the November 8 general election ballot in Florida.
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Gambling

UK Official Cites 'Troubling Issues' Before Act Review

​​​​​​​The minister in charge of UK gambling issues has cited “extremely troubling issues” around online gambling companies as he answered parliamentary questions on the upcoming review of the Gambling Act.
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Gambling

Georgia Legislators Pushing Broader Gaming Expansion Ballot Question

Although much of the conversation coming into 2022 has been focused on sports-betting voter referendums in Florida and California, legislators in Georgia are planning to make another push at approving a ballot question that could legalize sports betting in the Peach State.
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Gambling

Pandemic Hit Card Payments But E-Payments Continue To Grow, U.S. Study Finds

A new payments study from the U.S. Federal Reserve shows that electronic payments have gained on card payments during the pandemic, while checks continue their double digit decline.
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Payments

De-Risking Driving Heavy Social Costs For EU, EBA Warns

Unwarranted de-risking is having a detrimental effect, the European Banking Authority (EBA) has warned, as it publishes new advice for competent authorities on dealing with the phenomenon.
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Payments

Week In Brief - January 7, 2022

A short roundup of some of the week's payments news you may have missed. This week we look at proposed increases in card interchange in Malaysia, the FCA's 2021 achievements, Airbnb's fine for breaking U.S. sanctions, lack of redress for U.S. consumers against credit reference agencies, and the first participants go live on Thailand and Malaysia's cross-border instant payments linkage.
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Payments

China’s Digital Yuan Makes App Store Debut

China’s central bank digital currency is now accessible on mobile phone app stores, in another significant move for the currency’s trial phase.
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Payments

Turkey Lottery Revenue Crashes Amid Political Backlash

Sales of New Year's Eve lottery tickets in Turkey have plunged 30 percent as distrustful customers seemingly turn their backs on the national lottery's pro-government joint operator.
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Gambling

New York To Allow Mobile Sports Betting On Saturday

The much-anticipated launch of mobile sports betting in New York, the largest U.S. market to permit online wagering to date, will take place on Saturday, following approvals granted by state gaming regulators.
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Gambling

Dutch Gambling Ad Spending Doubles Despite Threat Of Ban

Dutch gambling advertising has more than doubled in the months following legalisation of online gambling on October 1, even as a new Dutch government is poised to consider parliamentary proposals for an ad ban.
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Gambling

News In Brief: January 4-January 7, 2022

ICE organisers issue new dates and operators lobbying in California hit a big ballot milestone.
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Gambling

P27 To Take Over Danish Payments Infrastructure

Finance Denmark, the country’s banking association, has agreed on a new sector plan that will see it replaced by cross-border platform P27 as the country’s clearinghouse.
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Payments

Ex-Swedbank CEO Faces Music Over AML Failings

Sweden’s economic crime watchdog is pressing charges against former Swedbank chief executive, Birgitte Bonnesen, as a consequence of what it deems misleading claims following anti-money laundering (AML) failings in Estonia.
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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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