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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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Learning from 2021 Regulatory Changes — Insight for 2022 and Beyond

This piece will look back at two notable and ongoing events: Brexit changes and the effect on payment service providers (PSPs) of reforms at the Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator. It will relook at how these issues developed in 2021, and will seek to understand how these issues are likely to affect PSPs in 2022 and beyond.
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Payments

Revolut Scores Full EU Banking Licence

The British-headquartered fintech has been granted a full banking licence from the European Central Bank.
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Payments

Weak Automated AML Procedures Cost HSBC £64m

The UK Financial Conduct Authority has fined HSBC Bank £63,946,800 after finding failures in the bank’s automated processes that monitored hundreds of millions of transactions on a monthly basis.
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Payments

Cardageddon Or An Easy Ride? One Year Into SCA

Strong customer authentication (SCA) was the final compliance requirement to be borne out of the revised Payment Services Directive (PSD2) and, one year in, it continues to make headlines. Here is our round-up of some of the key events, challenges and voices of the industry that kept SCA in the news in 2021.
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Payments

Chaos' As Ukraine Skips Vote On Tax, Regulators

A vote to solve Ukraine’s gambling commission conflict and reduce its tax burden did not take place last week as planned, forcing ministers to scramble and leaving the industry looking to 2022 for long-term solutions.
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Gambling

Seminole Compact Challenge Forces Changes To California Sports-Betting Initiative

A federal judge’s decision to void a gaming compact between the Seminole Tribe and the state of Florida over a provision allowing state-wide mobile sports betting with servers based on tribal lands has prompted a coalition of four California tribes to revise their ballot proposal for online sports wagering.
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Gambling

Proposed Dutch Gambling Ban Sits In Minister's Hands

Whether and how the Netherlands imposes a ban on broadcast gambling ads plus restrictions on internet advertising will probably be up to an outgoing minister or his successor.
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Gambling

Christmas BNPL Spending Raises Concerns For Irish Consumer Watchdog

With one in three Irish consumers planning on using credit for their Christmas spending this year, Irish authorities have raised alarm bells about the risks of short-term credit, including credit cards and buy now, pay later (BNPL) products.
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Payments

Week In Brief - December 17, 2021

A short roundup of some of the week's payments news you may have missed. This week we look at the UK Payment Systems Regulator's update on SD2 and SD3, the first group of European ACHs' technical account migration to TIPS, the latest U.S. actions concerning consumer privacy, fines in Cyprus, and a new cross-border taskforce set up by the Bank for International Settlement.
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Payments

Update: U.S. Senator Offers Alternative To Bank-Like Stablecoin Regulation

In contrast to an interagency report that seeks to bring stablecoin issuers under bank-like regulations, a U.S. Republican Senator would allow stablecoin issuers to choose from three regulatory regimes based on their business models.
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Payments

Dutch Parliament Calls For Ban On Gambling Advertising

The Dutch House of Representatives last night passed a surprise motion calling for an end to gambling advertising, a step which will pressure the Cabinet to address a possible ban on sports betting and casino ads.
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Gambling

Irish National Lottery Calls For 'Must Win Draw'

The luck of the Irish has been found wanting, as the National Lottery operator seeks approval for a “must be won draw” to be introduced for a controversial jackpot that has remained un-won since June.
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Gambling

Nevada Regulators Approve San Manuel Tribe To Own Las Vegas Casino

The Nevada Gaming Commission has unanimously approved a gaming license for the San Manuel Gaming and Hospitality Authority, a subsidiary of the San Manuel Band of Mission Indians, to acquire the Palms casino from Red Rock Resorts for $650m.
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Gambling

Breakthrough For Brazil Gambling Expansion

Brazil took a key step toward passing a sweeping gambling expansion plan when lawmakers on Thursday approved a resolution to fast-track a heavily amended bill to regulate casino-resorts, bingo halls and online gaming, although a final vote in the Chamber of Deputies will not be held until February.
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Gambling

Gaming Companies Present Chicago Casino Proposals

Three companies vying to construct an integrated resort in Chicago pitched their proposals to the public on Thursday as part of the selection process to obtain the city’s lone casino license.
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Gambling

News In Brief: December 13-December 17, 2021

Industry's good works trumpeted in UK trade group report and Maryland scraps official league data plan.
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Gambling

LINK Leads On New Retail Bank Collaboration For Cash Services

The UK’s largest retail banks have reached an agreement on providing shared banking hubs, but will it be enough to steady the country’s dwindling access to cash?
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Payments

Nevada Regulators Reviewing Remote ID Verification

The Nevada Gaming Control Board  will hold another workshop as regulators consider whether to approve a regulatory amendment submitted by Sightline Payments that would enable remote verification of casino wagering accounts, but not for sports betting and pari-mutuel accounts.
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Payments

Brazil Opens Door To Open Finance

As Brazil enters the last phase of its open banking initiative in the guise of open finance, the country’s central bank lays out an implementation plan for different products.
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Payments

Almost 40 Percent Of E-Money Institutions Raise Money Laundering Red Flags, Transparency International Says

New analysis published by Transparency International says 38 percent of the UK’s electronic money institutions raise some sort of money laundering concerns and calls out for more oversight of the growing sector.
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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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