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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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Week In Crypto: US SEC Files First Lawsuits Against Suspected Pig Butchering Scammers

A US regulator opens its first pig butchering cases, a Cambodian senator is placed under US sanctions for allegedly profiting from crypto scams, and Tether hires a former PayPal staffer.
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Payments

Swiss Bankers Association Raises Concerns Over Cybersecurity Regulation

Although the Swiss Bankers Association has thrown its support behind a new draft Cybersecurity Ordinance, it says that clearer, more proportionate, rules are necessary.
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Payments

Daily Dash: UK Regulator Urges Financial Firms To Prioritise Fair Value For Consumers

The UK’s financial regulator has called on firms to rethink their products and services from a fair value perspective, while Ireland looks to address a surge in young people serving as money mules.
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Payments

AI Benefits Include More Comprehensive Responsible Gaming Picture, Panel Says

Gaming executives have said a principal benefit to the industry of artificial intelligence (AI) is allowing companies to gain a more complete picture of a player who may have responsible gambling issues that cannot be identified by just one potential red flag.
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Gambling

Dutch Industry Laments Budget Tax Hike

The three sometimes fractious Dutch gambling trade groups have put aside their differences to express dismay at government plans to hike taxes to almost 38 percent in the Netherlands.
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Gambling

Card Schemes Sign Up For Project Agorá

Major payments players including Visa, Mastercard and Swift are among the private sector participants in the Bank for International Settlements tokenisation initiative.
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Payments

Dutch Court Dismisses GDPR Request, Emphasising Precedence Of AML Laws

Neobank Bunq has emerged victorious in a court case centred on a customer’s data access request, in a decision that highlights the balance between EU citizens’ data privacy rights and compliance with anti-money laundering (AML) rules.
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Payments

Daily Dash: Singapore Banks Introduce Singpass Face Verification To Fight Phishing Scams

Retail banks in Singapore have begun implementing a new facial recognition tool to protect customers from phishing scams, while the UK Financial Conduct Authority has said its access to cash programme is already showing signs of success.
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Payments

Australia Toughens Game Ratings For Loot Boxes, Simulated Gambling

Australia’s federal government has toughened classifications for loot boxes and gambling content in video games, introducing compulsory advisories for loot boxes and mandating adult-only access to any simulation of gambling behaviour.
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Gambling

Nevada Gaming Regulation Denies Trespassers From Being Paid Winnings

The unwritten policy of licensed casinos paying so-called "trespassed customers" their gambling winnings has been observed by Nevada casinos for decades, but the scheme is set to be prohibited by gaming regulators.
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Gambling

Brazil Outlaws Grey Market In Surprise Strike

Operators in Brazil who have not already applied for a licence have been told they must exit the market completely by October 1, in a surprise announcement by the country’s regulator.
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Gambling

North Carolina Bans CBDC As Lawmakers Defy Governor's Veto

As expected, lawmakers in North Carolina have pushed through a bill that will ban the state from dealing in central bank digital currency (CBDC), in defiance of a gubernatorial veto.
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Payments

Australian Banks Welcome Draft Legislation On Scams Prevention Framework

Australia’s banking industry has voiced its support for draft legislation that will introduce a mandatory Scams Prevention Framework, targeting key sectors including telcos and social media companies.
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Payments

Nigeria Issues New Directives To Strengthen Payment Infrastructure

In a new circular, the Central Bank of Nigeria has introduced guidelines intended to improve the country’s payment infrastructure.
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Payments

Payments A Key Focal Point As EU Commission President Sets Out Her Priorities

Ursula von der Leyen, now in her second term as European Commission president, has set out her plans for the new college, with her priorities including topics such as payments, data and AI.
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Payments

Daily Dash: Tokenisation And Programmability Project A Success, Says UK Finance

UK Finance has declared the experimentation phase of its Regulated Liability Network a success, while Latvia has issued a public warning to an e-money institution due to compliance failures.
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Payments

Sky Bet Sanctioned Over Invisible Cookies

The UK’s Information Commissioner’s Office has reprimanded the operator of Sky Bet over its use of internet cookies, more than two years after the initial complaint was made.
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Gambling

Japan Arrests Three Over Front Companies For Online Deposits

Osaka police have arrested three people on suspicion of running front companies to launder almost ¥5bn ($35.3m) in Japanese gambler funds linked to an alleged Curaçao-licensed website.
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Gambling

U.S. Gaming Regulators Have Few Options To Deter Illegal Sports-Betting Market

States with legal and regulated sports betting have a stake in cracking down on offshore sportsbooks, which they claim are operating illegally while evading taxes and consumer protections.
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Gambling

Fintechs Enthusiastic About Likely Impact Of The EU's AI Act

The EU’s AI Act, which came into force in August 2024, will be the first legal framework for the use of AI and, despite having to implement a new set of rules, payments professionals seem relatively pleased with the legislation.
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Payments
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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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