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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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mCBDC Could Save Global Corporates $120bn In Cross-Border Transaction Costs

A multi-central bank digital currency (mCBDC) network could disrupt cross-border payments as they exist today and save global corporates $100bn in transaction costs annually, a joint research report published by J.P. Morgan and Oliver Wyman has found.
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Payments

U.S. Lawmakers Call For Broad Interpretation Of Beneficial Ownership Law

Senior Congressional Democrats have called on the U.S. Treasury to speed up the implementation of an important law that will crack down on anonymous shell companies, and interpret the law as broadly as possible.
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Payments

Chinese Police Crack Gambler 'Network' For Tigre De Cristal

Chinese police are prosecuting 75 suspects after breaking up a finance and recruitment network for gamblers traveling to Russia’s Tigre de Cristal hotel-casino near Vladivostok.
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Gambling

DraftKings CEO Talks Entain Fallout, New York Strategy After Q3 Loss

DraftKings CEO Jason Robins on Friday discussed the company’s decision to walk away from a potential $22bn takeover of Entain, as the company reported quarterly losses of more than a half-billion dollars amid a marketing blitz for the new NFL season.
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Gambling

Racing Data Man Jailed For Bookmaker Fraud

A crooked betting specialist for a national news agency that provided information to numerous bookmakers has been jailed after altering the results of horse races.
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Gambling

Crowded Field For California Online Betting Ballot Measures

A coalition of California Indian tribes on Friday filed a ballot initiative to authorize tribes to operate retail and online sports betting via servers on tribal reservations, further crowding the field for a series of conflicting referendums on sports wagering next November.
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Gambling

Florida Compact, Sports Betting In Jeopardy After Disastrous Court Hearing

The smooth ride of the Seminole compact for the last six months ended abruptly on Friday when a federal judge in Washington, D.C. became increasingly frustrated and even annoyed with responses from a government attorney defending the tribe’s historic gambling agreement with the state of Florida.
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Gambling

Industry 'Own Goals' Fuel Critics In Safer Gambling Week

The UK Gambling Commission is looking into why the websites of several Premier League football clubs were found to have links to betting sites on pages designed for children.
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Gambling

Will The DMA Be Bigtech’s PSD2?

EU regulators are increasingly hinting that they will use the Digital Markets Act (DMA) as a method of reining in bigtech’s role in the payments space.
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Payments

Week In Brief - November 5, 2021

A short roundup of some of the week's payments news you may have missed. This week we look at the success of Indonesia's QR code acceptance, new virtual currency regulations in Poland, U.S. authorities raid on Chinese payments terminal firm and the latest delclaration from international central banks to fight climate change.
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Payments

U.S. Gaming Industry Cautious On Cryptocurrency Wagering

Bill Miller, president and CEO of the American Gaming Association, believes the adoption of digital payments has been key in the industry’s recovery from the coronavirus pandemic but operators are still trying to figure out a future role for cryptocurrencies on the casino floor.
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Payments

Rate Of Card Fraud Down As Payments Go Digital

New statistics published by the European Central Bank have found that the rate of card fraud has reduced in the EU, even as more payments move online.
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Payments

Future Of Tribal Gaming At Stake In Florida Compact Court Hearing

Two lawsuits by Florida groups challenging the historic gambling compact negotiated by the Seminole Tribe with Republican Governor Ron DeSantis will be discussed this morning in a teleconference with U.S. District Judge Dabney Friedrich of Washington, D.C.
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Gambling

New York To Select Sports-Betting Operators For High-Tax Market

The New York State Gaming Commission is set to approve the winning bidders for a minimum of four mobile sports-betting licenses at a meeting on Monday.
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Gambling

U.S. Gaming Industry Cautious On Cryptocurrency Wagering

Bill Miller, president and CEO of the American Gaming Association, believes the adoption of digital payments has been key in the industry’s recovery from the coronavirus pandemic but operators are still trying to figure out a future role for cryptocurrencies on the casino floor.
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Gambling

Curaçao Trying Again To Reform Controversial Licensing System

Under pressure from the Dutch government, Curaçao is preparing a second attempt at reform of its decades-old, much-criticised gambling legislation, VIXIO GamblingCompliance has learned.
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Gambling

News In Brief: November 1-November 5, 2021

A Northern Irish political pressure group has recommended full affordability measures be introduced and Maryland disappoints again on sports-betting progress.
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Gambling

MAS Faces Post-Pandora Papers Questions

Singaporean parliamentarians have probed the Monetary Authority of Singapore (MAS) about how effective it is at tackling money laundering and terrorist financing in light of the Pandora Papers.
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Payments

Data-Driven Industry Needs Data-Led Regulator - FCA Chief Data Officer

The UK Financial Conduct Authority (FCA) is using machine learning and artificial intelligence to identify patterns that can result in consumer harm as it transforms the regulator’s data culture and capabilities, Jessica Rusu, FCA chief data, information and intelligence officer, said in a speech.
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Payments

IFR Not Working For Smaller And Medium-Sized Merchants, PSR Report Finds

UK merchants with annual card turnover of between £15,000 and £50m served by the five largest acquirers get little or no pass-through of the Interchange Fee Regulation (IFR) savings, meaning that the supply of card acquiring services is not working well for them, a Payment Systems Regulator (PSR) report has concluded.
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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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