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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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Week In Brief - December 23, 2021

In the last news roundup of the year, we are looking at a wide range of payments topics around the globe, including the FCA’s new rules on climate-related disclosures, the EC adequacy decision for South Korea, a U.S. buy now, pay later inquiry, Swiss e-ID principles and the latest AML fine, this time in Lithuania.
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Payments

Update: Indonesia’s New Instant Payment System Officially Kicks Off

As part of Indonesia’s extensive digitalisaton plans, Bank Indonesia has launched the country’s new retail payments infrastructure that enables payment transactions to be sent real-time, around the clock.
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Payments

Good Tidings We Bring, To Your Compliance Wing - EBA Sets New Financial Crime Guidelines

The European Banking Authority has released two new sets of guidelines seeking to encourage coordination between different authorities and to set new expectations for financial institutions.
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Payments

Crown Resorts Suffers Second A$1m Fine Over Junket Defiance

Australian casino operator Crown Resorts has been fined A$1m ($722,000) for “deliberate disobedience or wilful blindness” toward the Victoria state gaming regulator over improper junket activity in 2015 and 2016.
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Gambling

Flutter To Acquire Italy’s Sisal For Retail, Online Presence

​​​​​​​Flutter Entertainment said it has agreed to acquire Sisal for €1.91bn (£1.62bn), giving it a leading online and retail presence in Italy.
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Gambling

Gambling Commission Finds Lottery Betting Company Targeted Elderly

A lottery betting company has surrendered its suspended licence after the UK Gambling Commission found that the company targeted the elderly, including a 100-year-old man who bet nearly £24,000 in five months.
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Gambling

California Cardrooms Challenge Tribal Sports-Betting Initiative

Two California cardrooms have filed a lawsuit seeking to invalidate a sports-betting initiative on next year’s ballot to legalize retail wagering at Indian casinos and four racetracks, which they argue violates the state constitution.
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Gambling

U.S. Sports-Betting Advertising Boom Set To Escalate In 2022

As the calendar flips to 2022, the conversation surrounding the glut of sports-betting advertising in the United States is likely to only intensify, particularly as the country’s largest media market is set to launch online sports wagering.
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Gambling

News In Brief: December 20-December 24, 2021

Resort casino zones could come to Azerbaijan, Dutch operator warned over match bets and Ohio sports betting is approved.
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Gambling

EuReCa! European AML/CTF Database Unveiled

The European Banking Authority (EBA) has revealed more details about its central database on anti-money laundering and counter-terrorism financing (AML/CTF) in the EU, a key tool for coordinating efforts to counter illicit finance in the bloc.
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Payments

Pandora’s Box And The Biggest AML Trends in 2021

2021 has tested the anti-money laundering (AML) regimes of world economies, shedding light on gaps in the existing frameworks and forcing legislators to cast the net wider to fight the flow of illicit money.
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Payments

First ACHs Move Technical Accounts To TIPS

In a major milestone for instant payments across the EU, the European Central Bank has announced the first wave of automated clearing houses (ACH) to move their technical accounts to its low-value instant settlement system.
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Payments

Study Shows Surge in Older Online Gamblers During Pandemic

Hundreds of thousands more people over 65 in the UK are gambling online than at the start of the pandemic, the Royal College of Psychiatrists has said.
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Gambling

2021: The Year Indian Gaming Joined The Sports Betting Gold Rush

As uncertain as the future of the Seminole Compact may be, this historic gambling agreement in Florida marked the end of tribal ambivalence toward sports betting and the consequences for both Indian and commercial gaming promise to be seismic.
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Gambling

NSW Crime Commission To Probe Slots Money Laundering

Australia's New South Wales (NSW) state crime commission and the state’s gaming watchdog have announced a joint inquiry into slot machine money laundering, just weeks after a government investigator flagged large-scale washing of funds in pubs and clubs.
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Gambling

Green Finance Data Of Growing Interest To Central Banks, Says Study

Central banks are increasingly assessing sustainable finance in pursuing their core mandates, a survey by the Irving Fisher Committee on Central Bank Statistics has found.
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Payments

Buy Now, Pay Later, 2021’s Booming Old-New Payment Trend

Buy now, pay later (BNPL) has grown to be one of the biggest trends in payments in 2021. VIXIO reviews the changes the booming market experienced in 2021 and how market participants and regulators reacted to these opportunities and risks.
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Payments

A Warning Shot Across The Bow - J.P. Morgan Pays $125m After Using WhatsApp To Do Securities Business

J.P. Morgan has agreed to pay a steep $125m fine to the U.S. Securities and Exchange Commission for failing to keep records of WhatsApp messages that included securities business communications.
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Payments

Greek Online Revenues On Track To Exceed £700m In 2021

Greece's newly licensed online market buoyed up the whole country's gambling industry in 2021, which grew fractionally year-on-year despite a nationwide lockdown that shuttered the land-based sector until May.
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Gambling

Illinois Gambling Lobbyist Who Opposed Casino Expansion Retires

Most gambling lobbyists are paid to advocate for the industry's expansion, but the head of the Illinois Casino Gaming Association spent almost all of his 20-year career battling legislators bent on saturating his state's market to increase tax revenue.
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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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