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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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PSR Publishes New Payments Architecture Regulatory Framework

The UK Payment Systems Regulator (PSR) has issued a regulatory framework for the New Payments Architecture, laying out requirements for both Pay.UK and any future central infrastructure provider to address risks, and promote competition and innovation.
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Payments

WhatsApp Payments Trial Shows Meta’s Continued Payments Shift

Meta is running a trial to provide U.S. WhatsApp users with the ability to send and receive money using the technology giant’s digital wallet vehicle, Novi.
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Payments

Request To Pay Breaks New Ground With Visa And SIX Announcements

After a relatively quiet year in the news, Request To Pay is once again making headlines as two leading payments firms announce new plans for the overlay messaging service.
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Payments

Alberta Soliciting Proposals For Retail, Mobile Sports Betting

Alberta gaming regulators are accepting bids from perspective operators that want to be licensed in the province to offer retail and online sports betting.
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Gambling

Ohio Bill On-Brand For U.S. Sports Betting In 2021

Complex legislation approved in Ohio last week completes a banner year of expansion in U.S. sports betting and underscores several policy trends that are evolving the market.
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Gambling

Curaçao Circulates Proposal To List Online Gambling Licensees

​​​​​​​The Curaçao government is circulating a proposal that would create an official registry of online gambling licensees on the Caribbean island, in what it calls the first step toward developing a long awaited re-regulation.
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Gambling

Latest CBDC Experiment Successfully Crosses The Alps

The Bank for International Settlements, Banque de France and the Swiss National Bank have concluded a successful cross-border experiment, using a wholesale central bank digital currency (CBDC).
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Payments

Week In Brief - December 10, 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 consultation on Confirmation of Payee, U.S. rulemakings aimed at fixing anti-money laundering loopholes, India's new national blockchain strategy, Klarna's new BNPL browser extension and news that blockchain SETL has demonstrated it can process a remarkable 1m transactions per second.
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Payments

Latvia Wants To Become Global Fintech Hub

The Baltic country is trying to attract fintech businesses through an open regulatory approach, but there is more to be done if the country wants to become the new home to global fintech.
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Payments

Irish Payments Collaboration Comes Up Against Regulator Scrutiny

A new mobile payments platform being developed by Ireland’s top banks has come up against a barrier, with the country’s antitrust watchdog announcing a new investigation.
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Payments

Polish Gambling Industry Expects Tax Switch As Largest Bookmaker Goes Public

Poland’s bookmakers believe they are close to convincing the government to replace a 12 percent revenue tax on betting with a gross gaming revenue tax.
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Gambling

Maryland Launches Retail Sports Betting, Mobile Expected In 2022

MGM Resorts International opened a BetMGM-branded sportsbook at its National Harbor casino on Thursday, as Maryland became the 11th state to launch legal sports betting this year.
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Gambling

UK Details Compliance, Enforcement Crackdowns

The UK Gambling Commission’s Compliance and Enforcement Report details a record-breaking volume of fines and pinpointed “unacceptable” failings.
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Gambling

News In Brief: December 6-December 10, 2021

Bet-at-Home Austria enters administration, Buenos Aires launches online gambling and NagaCorp wins social award despite firings.
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Gambling

Australia Commits To Next Generation Payments Reform

By mid-2022, the government will have set out plans for payments modernisation and new crypto laws in what “will be the most significant reforms for 25 years”, the country’s finance minister has confirmed.
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Payments

Sign Of The Times: Visa Launches Crypto Consultancy

Visa has announced that it is launching a new crypto advisory service, alongside new research which has found that 41 percent of UK adults either use cryptocurrencies or view them positively.
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Payments

New Hungarian Superbank Draws Inspiration From Tesla And Asimov

As the first part in the merger of three Hungarian banks draws close, the new "superbank" will aim to shake up the financial services market in the country and throughout Eastern Europe with a focus on modernisation and digitalisation.
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Payments

DeFi Is An Illusion, BIS Says

A new report by the Bank for International Settlements (BIS) says decentralised finance (DeFi) is an illusion and may impose severe vulnerabilities on financial stability.
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Payments

Ohio Legislature Approves Sports-Betting Package

Legislation to permit sports betting in Ohio is heading for the governor’s desk after a whirlwind day where the bill was amended and approved by both chambers of the state legislature.
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Gambling

Regulators Pick Developers For Illinois Casino Projects

Illinois gaming regulators voted unanimously Wednesday to grant findings of “preliminary suitability” to developers for new casinos in Waukegan and the southern suburbs of Cook County, bringing a selection process that has lasted more than two years closer to an end.
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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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