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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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UK Licensees Encouraged To Sign Up To Single Customer View Scheme

UK operators are being encouraged to voluntarily sign up for the industry-led data-sharing scheme GamProtect by the Gambling Commission and trade group the Betting and Gaming Council, but low participation could result in joining becoming mandatory.
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Gambling

FBI Finds Crypto Fraud Surged To $5.6bn In 2023

The US Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center recorded a dramatic rise in cryptocurrency-related fraud in 2023, with total losses surpassing $5.6bn — a 45 percent increase from 2022.
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Payments

Regulatory Influencer: Portugal’s New Advertising Rules

The Banco de Portugal has announced a public consultation on the proposed revision of the rules for advertising financial products and services. This initiative follows the significant evolution in financial advertising, particularly in light of digitalisation and growing financial innovation.
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Payments

Daily Dash: Ex-Swedbank CEO Gets Jail For AML Failures

A Swedish court has convicted former Swedbank CEO Birgitte Bonnesen of gross fraud over anti-money laundering failures in Estonia, while Poland's Data Protection Office has fined mBank PLN4m for GDPR violations.
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Payments

Lithuania Demands Swift Action On Fraud Prevention And Transparency

The Bank of Lithuania is concerned about misunderstandings between financial institutions and customers, particularly regarding the cancellation and tracing of payment transactions, which often leads to complications in fraud cases.
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Payments

ASIC Pilots New Application Portal For Australian Financial Services Licence

The Australian Securities and Investments Commission (ASIC) is testing a new online application portal for firms seeking to obtain an Australian Financial Services licence.
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Payments

Operators Explain Wagering Limits To Massachusetts Regulators

Sports-betting operators argued Wednesday that individual limits to so-called “sharp players” affect a very small minority of users in response to concerns from Massachusetts regulators over the practice.
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Gambling

UK Advocates Call For Gambling To Be 'Permitted But Not Promoted'

UK campaigners for gambling advertising restrictions are pressing a slogan for their wishes: gambling should be “permitted but not promoted”.
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Gambling

U.S. Gaming Groups Question Proposed FinCEN Requirements

U.S. commercial and tribal gaming trade associations have expressed concerns about a new rule to strengthen federal anti-money laundering requirements under the Bank Secrecy Act.
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Gambling

Kazakhstan Introduces Host Of Changes To Gambling Regime

Kazakhstan’s government will establish a Committee for the Regulation of Gambling and Lotteries under the control of the Ministry of Tourism and Sports, which will be able to “independently and promptly address sectoral issues”, according to local media reports.
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Gambling

Regulatory Influencer: Singapore's New Fraud Rules

Singapore’s Ministry of Home Affairs has announced plans to introduce a Protection From Scams Bill intended to safeguard individuals at risk from online fraud. Published on August 30, the bill is designed to empower Singapore’s police to issue so-called restriction orders to banks.
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Payments

How Helpful Is The European Central Bank's Direct Access Policy?

During the summer, the European Central Bank has been readying itself for changes to settlement finality in the eurozone as the Instant Payments Regulation begins to take effect.
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Payments

FCA Consults On APP Fraud Approach In The UK

The UK’s Financial Conduct Authority (FCA) has launched a consultation to address rising concerns about authorised push payment (APP) fraud, where individuals are deceived into authorising payments to fraudulent accounts.
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Payments

Credit Card Customers In India Can Now Choose Their Own Network

Exclusive deals between issuers and networks are now officially prohibited in India’s credit card market, as regulators look to reduce the dominance of Visa and Mastercard.
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Payments

POGO Ban Kills Off Global Reach For PAGCOR Online Platform

Philippine gambling regulator PAGCOR’s preparations for privatisation of its casino chain are moving forward, but a senior regulator has said a ban on foreign-facing online gambling operations (POGOs) will also scuttle the regulator’s own online gambling platform.
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Gambling

Brazil Regulator Outlines Plans To Block Unlicensed Operators

The head of Brazil’s gambling regulator has laid out how they plan to combat illegal gambling as enforcement activities against unauthorised platforms and influencers heat up. 
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Gambling

'Risk-Free' Gaming Machines Illegal In Kentucky, Warns Attorney General

The manufacturer of a new style of gaming terminal found in gas stations and convenience stores has turned them off in Kentucky after the state's attorney general issued an advisory warning that the supposedly risk-free games were illegal.
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Gambling

UK MPs Demand Government 'Swiftly' Implement White Paper Recommendations

A group of UK MPs have signed an early day motion calling on the government to “act swiftly” to implement the gambling reform white paper recommendations.
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Gambling

Daily Dash: China, Nigeria Announce Joint Agreement To Tackle Money Laundering

China and Nigeria have signed a series of agreements that include closer cooperation on tackling financial crime, while the Czech Republic is seeing a surge in fraud targeting bank customers.
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Payments

UK Competition Watchdog Confirms Completion Of Open Banking Roadmap

The Competition and Markets Authority has confirmed the full completion of the Open Banking Roadmap, marking a pivotal moment in the evolution of UK banking.
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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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