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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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Klarna Payments Circumvent Gambling Blocks, Says Gamban Co-Founder

Swedish fintech firm Klarna Bank has said customers cannot use any of its pay later or credit products to bet, but the co-founder of a gambling blocking software claims its direct bank transfer system circumvents personal account gambling payment blocks.
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Gambling

Polish Ombudsman Wants To Overhaul Gambling Tax

A top official from a government-appointed business group has joined the chorus calling for Poland to reform its betting tax rates.
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Gambling

Bet-At-Home To Withdraw From Austria Over Player Lawsuits

Frankfurt-listed Bet-at-Home.com has said it is temporarily withdrawing its online casino operations in Austria, due to legal claims for reimbursement of player losses.
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Gambling

New Jersey Sports Betting Cracks $1bn Handle Barrier

The beginning of the 2021 National Football League (NFL) season and the marketing blitz that accompanied it boosted New Jersey sports-betting handle to a U.S. record $1.01bn in September, according to figures released on Monday.
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Gambling

UK Regulator Warns Of Work From Home Risks

COVID-19 may have seen working from home policies and flexible working revolutionised, but the UK’s financial watchdog has warned supervised firms to ensure compliance lapses do not creep in, should they choose to continue with a hybrid approach.
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Payments

Give Us A Crypto Regulator, Coinbase Asks

Laws drafted in the 1930s to facilitate effective oversight of our financial markets could not contemplate this technological revolution, Coinbase has highlighted in a new discussion paper calling for the U.S. to create a new crypto regulator.
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Payments

News In Brief - October 18, 2021

The EU’s banking watchdog has repealed its internet security guidelines for payments, while three technology firms in Singapore have launched a new platform to support environmentally friendly financial services.
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Payments

The Brazilian Bitcoin Gaffe - Why Bitcoin Is Not Going To Be Legal Tender In Brazil Any Time Soon

It has been widely reported that Brazil was following El Salvador by making Bitcoin a legal tender. However, VIXIO sources say this is far from the truth.
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Payments

Lithuania Approves Online Licence, Tax Changes

Lithuania’s parliament has adopted amendments to the gambling law that allow for a new type of online gambling licence from July 2022.
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Gambling

Washington Tribes Critical Of State Sports-Betting Rules

As more tribal casinos in Washington state begin to accept wagers on games, behind the scenes, regulators are inching closer to approving another set of rules to be added to state gambling regulations by the end of the year.
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Gambling

Palacegate Casino Seeks Buyer As Tourists Shun London

Liquidators Grant Thornton have taken control of one of London's most famous casinos after the COVID-19 pandemic and a tourist drought left the Palacegate struggling to pay its staff.
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Gambling

Aristocrat Offers £2.1bn To Buy Playtech

In a dramatic move for the global online gaming space, Australian gaming machine giant Aristocrat Leisure has made a takeover offer of more than £2.1bn ($2.9bn) for UK gaming software and platform developer Playtech, whose board fully backs the deal.
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Gambling

G7 Outlines CBDC Principles

The G7, including countries such as the United States, United Kingdom and Germany, has published Public Policy Principles for Retail Central Bank Digital Currencies (CBDC), with issues such as financial stability and cybersecurity taking centre stage.
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Payments

FSB Updates Cross-Border Targets, As Sibos Talks Up Prospects

Most of 2021’s targets have been met, but the success of the Financial Stability Board’s (FSB) roadmap for cross-border payments will depend heavily on the commitment of public authorities and the private sector working together, the standard-setting body has cautioned in its latest progress report.
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Payments

Week In Brief - October 15, 2021

A short roundup of some of the week's payments news you may have missed.
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Payments

Pandora Papers Reveal Further Gaps In U.S. AML Rules

Just one year after the massive suspicious activity reports leak that became known as the FinCEN Files, the U.S. is shaken again by the disclosure of millions of confidential files that sheds light on further deficiencies in the U.S. AML framework.
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Payments

Only Two Governors To Be Elected In 2021, Both In Gaming States

Two states — one where gaming is just getting started and another almost synonymous with brick-and-mortar and online casinos — will elect governors on November 2.
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Gambling

U.S. Executives Say Leagues, Media Lead Sports-Betting Boom

Two top gaming executives have said professional sports leagues and media companies are among the biggest winners after more than three years of the U.S. sports-betting boom.
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Gambling

London's Aspinalls Denies Culture Of Racism As Croupier Sues

Lawyers for exclusive Mayfair casino Aspinalls have denied the company has an “institutional culture of racism or sexism" after being sued by a black croupier who says she was subjected to "violating" racism and sexism.
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Gambling

BGC Replaces 'When The Fun Stops, Stop' Campaign

The Betting and Gaming Council (BGC) has announced the long-awaited replacement of the "When the fun stops, stop" safer gambling campaign in the UK.
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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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