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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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Criminalise Unlicensed Crypto Platforms To Fight Fraud, Says UN

The UN Office on Drugs and Crime (UNODC) has urged lawmakers in Southeast Asia to make it a criminal offence to operate a crypto or money services business without a licence.
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Payments

European Payments Council Unveils Verification Of Payee Scheme

The European Payments Council (EPC) has officially published the first version of the Verification of Payee (VOP) scheme rulebook, following a public consultation.
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Payments

Daily Dash: Santander Launches A2A Payments Partnership In UK With Token.io

Santander has partnered with account-to-account (A2A) provider Token.io to bring open banking payments to retail customers, while Brazil has begun accepting applications for the second phase of its central bank digital currency pilot.
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Payments

German Regulator Wins Ruling Against Swiss Payments Firm Over Illegal Gambling

Germany’s Joint Gambling Authority of the Federal States (GGL) has said that an administrative court confirmed its decision to bar a payments service provider based in Switzerland from facilitating transactions for illegal gambling offers.
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Gambling

Thinktank Report Behind Ongoing UK Tax Panic Released

A key report that underpins the drive to send gambling taxes skyrocketing in the UK has been officially released, as reaction to a potential government tax raid continues to mount.
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Gambling

Bonuses May Be Back On The Chopping Block In Brazil

Brazil’s chief consumer watchdog is preparing to demand that Brazil’s 96 whitelisted online betting companies submit legal justification for any bonuses they are offering to players.
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Gambling

Greek Operators Demand More Black Market Action

A Greek gambling industry trade group is calling on authorities to do more to combat the country’s black market, claiming that as much as 40 percent of the market takes place offshore.
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Gambling

MoneyGram Hack An Open Goal Due To Lack Of Encryption, Sources Say

As US payment platform MoneyGram assesses the damage from a major hack of customer information, Vixio hears from sources that lack of encryption was to blame.
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Payments

MEP Pushes For MiCA-Style Disclosure Rules For AI Technology

Concerns over the environmental impact of artificial intelligence (AI) development have surfaced in the European Parliament, as tech giants face criticism for limited transparency in their reporting on energy consumption and CO2 emissions.
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Payments

No Surprises But More Complications In UK’s New Safeguarding Proposals

The Financial Conduct Authority’s (FCA) long-anticipated proposals for overhauling the payment and e-money sector’s safeguarding requirements offer no shocks, yet experts warn that adapting to the changes will not be easy.
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Payments

To Be In Scope Or Not To Be In Scope: EBA Publishes New Q&As

The European Banking Authority (EBA) has shared a new set of Q&As related to the payments and e-money sector, resolving queries put to it by various stakeholders.
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Payments

Daily Dash: Contactless Payments Surge In Ireland, With Mobile Wallets Taking The Lead

Mobile wallet transaction volume has overtaken card volume for the first time in Ireland, while regulators in Hong Kong have decided to retire the term “virtual bank”.
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Payments

Crown Resorts Suffers $1.3m Fine In Victoria Over Self-Exclusion Failures

The Victorian state gambling regulator has fined Crown Resorts’ Melbourne casino A$2m ($1.34m) over “system and control failures” that allowed hundreds of customers to evade its self-exclusion program.
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Gambling

France Holds Off On Tax Increase, For Now

The French government did not roll out anticipated gambling tax hikes in its 2025 social security budget bill, which was submitted on Thursday evening. 
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Gambling

Urgent Need In Ireland To Reduce Gambling Advertising Volume, Warns Report

Northern Ireland’s All-Party Group (APG) on Reducing Harm Related to Gambling has heard from the authors of a report that warns of an urgent need to reduce the amount of gambling advertising across the both the North and the Republic.
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Gambling

New Zealand Banks To Launch ‘Confirmation of Payee’ Service By November

New Zealand’s retail banks will begin rolling out the new "Confirmation of Payee" service by the end of November, according to an announcement from the New Zealand Banking Association (NZBA).
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Payments

US Treasury Calls For Modernised Domestic Payments Regulation

Nellie Liang, under secretary for domestic finance at the US Treasury, has called for a reboot of the rules and regulations governing the entire domestic payments system, citing the need for a federal framework to address the potential risks and benefits of emergent new technologies.
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Payments

Daily Dash: Losses To Romance Scams Double In Denmark

Danish banks have stepped in to help customers claw back a surge in losses to romance scams, while JCB has enabled Google Pay for card customers in Japan.
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Payments

Australia's Victoria State Hits Hotel Group ALH With Fine Over Child Access

A court in Victoria state has slapped leading hotel interest Australian Leisure and Hospitality Group (ALH) with a A$177,500 ($120,000) fine and A$45,000 in costs in a follow-up to wagering giant Tabcorp Holdings’ prosecution over underage access to gambling facilities.
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Gambling

U.S. Regulators Discuss Cease-And-Desist Approach To Unregulated Sites

While cease-and-desist letters by U.S. regulators to offshore sportsbook Bovada and other unregulated operators have been successful to date, some regulators believe more tools will be needed to further cut down on unregulated operations.
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Gambling
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Vixio View: The FCA’s Plans Shift to Data-Led Enforcement in 2026/27

Payments firms in the UK should see greater clarity and feel less regulatory burden, but must ensure their adoption of technology enables real-time, data-led compliance that supports consumer protection and operational resilience.
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Regulatory Framework - European Union Report

This Regulatory Framework - European Union Report provides a detailed overview of European Union legislations which apply to financial services. The report contains: A legislative landscape. The authorities framework. Definitions. Upcoming legislation. A regulatory landscape.
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Middle East Conflict is Stress Testing Global Payments and Accelerating Structural Trends

The war is acting as a catalyst for increasing digitisation and data sovereignty, with efficiency becoming less of a priority than resilience in the context of state-sponsored cyber targeting of critical infrastructure.
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Regulatory Influencer: The UK’s Incoming Enhanced Safeguarding Rules and Their Knock-On Effects

The UK’s Financial Conduct Authority’s (FCA) new safeguarding rules will come into effect on May 7, 2026. The upcoming changes will only relate to the interim rules introduced in the August 2025 policy statement (PS25/12) under the “Supplementary Regime”, which enhances safeguarding requirements under the Electronic Money Regulations 2011 (EMRs) and the Payment Services Regulations 2017 (PSRs).
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Vixio View: The FCA’s Payments Priorities Offer Clarity Rather Than Novelty – Except on AI

Although the priorities mostly emphasise the importance of effective execution and positive outcomes for consumers and the market, payments firms operating in the UK should note the warning that on-paper compliance is no longer enough.
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Regulatory Influencer: United States Advances Artificial Intelligence Governance Architecture for Financial Services

Rather than introducing sweeping artificial intelligence (AI) legislation, US policymakers are constructing a sector-based governance architecture for AI in financial services, built around voluntary frameworks, supervisory coordination and existing regulatory structures.
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US CBDC Ban and Stablecoin Compromise Point to Potential Digital Asset Framework

Following a Senate vote to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC), an agreement on stablecoin yields has established a boundary between passive interest and activity-based rewards.
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Singapore and US Frameworks Aim to Guide the Rapid Integration of AI

The initiatives contrast in approach and intent, but together signal a transition from abstract artificial intelligence (AI) theory towards concrete regulatory implementation and sector-specific oversight.
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Regulatory Influencer: DORA Year Two - Moving from Implementation to Application

Regulation (EU) 2022/2554 on digital operational resilience for the financial sector (DORA) became applicable across EU member states on January 17, 2025. As we enter the second year of application, how has the regulation transformed the operational resilience of the financial sector in Europe?
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UK Court of Appeal Decision Means Continued Uncertainty on Interchange Fees

Permitting Visa and Mastercard to challenge the Competition Appeal Tribunal’s (CAT) previous ruling returns the UK payments sector to legal volatility, leaving the cost of card acceptance an unsettled question as regulators promote alternatives.
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