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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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Trade Body Report Seeks To Teach Regulators Best Practice

Trade group the Betting and Gaming Council (BGC) has released a document designed to educate regulators and legislators on the best way to craft their gambling regulations.
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Gambling

U.S. ‘Misguided’ About Balance Between Gambling Harm, Benefit, Lobbyist Says

The U.S. is “completely misguided” about the balance between the economic benefits and harm from gambling, said a keynote speaker for an academic conference on gambling harm.
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Gambling

Regulatory Influencer: Comparing the FCA’s Dear CEO Letters on APP Fraud Reimbursement – Payments and E-Money Institutions and Banks and Building Societies

The FCA has issued two Dear CEO letters on Authorised Push Payment (APP) fraud reimbursement one for banks and building societies and the other for payment and e-money institutions. While both letters emphasise the importance of protecting consumers from APP fraud, the FCA tailors its expectations to account for the structural and operational differences between these sectors.
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Payments

Week In Crypto: Coinbase Says Goodbye To Non-MiCA-Compliant Stablecoins

Coinbase reveals new MiCA compliance plans, Crypto.com sues the SEC after receiving a Wells notice, and Dubai fines seven unlicensed crypto firms as a “public warning” to the industry.
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Payments

Nearly Half Of Payment Firms Not Compliant With Consumer Duty, FCA Reveals

The UK’s Financial Conduct Authority (FCA) has published findings from its review of 23 payments firms’ implementation of the Consumer Duty, highlighting the need for firms to meet higher standards for consumer protection.
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Payments

Daily Dash: FCA Fines TSB £10.9m For Customer Treatment Failings

The FCA announced that TSB Bank will pay a high price for mishandling customers in financial difficulty, while Sweden has decided to scrap a proposed regulation for payment service providers.
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Payments

News In Brief: October 7-October 11, 2024

An Australian senator introduces an advertising ban bill, New South Wales widens and extends its greyhound racing inquiry, and shares in Benin's lottery are put up for sale.
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Gambling

Brazil Begins New Enforcement Era

Brazil’s telecoms authority has begun blocking unlicensed gambling websites, even though industry experts believe squeezing payments will be the government’s best bet in enforcing new regulations.
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Gambling

Nigeria’s 'Burdensome' Gambling Withholding Tax Confirmed

Nigeria has confirmed that its incoming withholding tax regulations will come into force on January 1, 2025, which gambling businesses fear will be difficult to handle. 
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Gambling

Ireland's Gambling Bill Could Complete Final Stage Next Week

Ireland’s Minister of State at the Department of Justice is hopeful that the long-awaited Gambling Regulation Bill will return to the Dáil, the law-making branch of the legislature, and complete its final stage next week.
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Gambling

Daily Dash: India Doubles Transaction Limit When Using UPI Offline

India’s central bank has unveiled plans to make offline UPI transactions easier for feature users, while HSBC has been fined for customer due diligence failures in South Africa.
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Payments

DoJ Visa Lawsuit Could Sway US Credit Space, Swipe Fee Debate

One of the most consequential elements of the DoJ’s case against payments giant Visa could be its effect on the ongoing credit card swipe fee discussion in the US, a long-lasting and bitter feud over the fees that merchants pay to process card transactions.
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Payments

Curaçao's New Gambling Bill Remains Elusive

Two of Curaçao’s master licences have now expired, as the island moves away from the controversial gambling regulation of its past, but with long-promised legislation still yet to be enacted the future remains uncertain.
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Gambling

Alberta Minister Says Online Gaming Legislation Planned For Spring 2025

A key Alberta government minister says legislation governing the province’s private online gaming model is planned to be introduced next spring, pumping the brakes on industry rumblings of an aggressive timeline that would include a 2024 launch.
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Gambling

Chilean Casinos Face Crisis Over Collusion Charges

Criminal charges for collusion against casinos have been filed for the first time in Chile in the government’s case against operating giants Dreams, Enjoy and Marina del Sol.
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Gambling

Key Provincial Figure Backs One Of Two Duelling South African Gambling Reforms

South Africa, and by extension the province of KwaZulu-Natal (KZN), is not generating tax revenue from online gambling due to a lack of legislation, according to KZN’s Provincial Treasury, as it backs a push for new legislation.
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Gambling

Daily Dash: DORA Highlighted As Top Priority For EU Supervisory Authorities In 2025

EU regulators say that the Digital Operational Resilience Act (DORA) will be a key area of oversight in 2025, while Thailand has closed its first applications for a new virtual banking licence.
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Payments

US Senator Seeks To Abolish Suspicious Activity Reporting Rules

A US senator has introduced a new bill that seeks to abolish current legislation on suspicious activity reports (SARs).
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Payments

FCA Sets New Expectations On APP Fraud Reimbursement

The UK Financial Conduct Authority (FCA) has circulated a Dear CEO letter outlining what it expects payment and e-money firms to do in light of the new reimbursement requirements that came into effect on October 7.
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Payments

Wynn Reveals UAE Tax Details, Revenue Projections

US-based casino operator Wynn Resorts has released new financial metrics and regulatory details for its United Arab Emirates (UAE) project, including a 15-year renewable licence and a blended tax rate comparable to Singapore.
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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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