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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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Swedish Regulator Gains Power To Set Detailed Duty Of Care Requirements

The Swedish government has given the Swedish Gambling Authority the power to set detailed requirements for gambling licensees’ action plans for curbing excessive gambling, in a move set to take effect on October 1.
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Gambling

U.S. Gaming States Cracking Down On Offshore Gambling Sites

The recent efforts by state gaming regulators to prevent prominent offshore gambling websites, such as Bovada, from accessing consumers in their jurisdictions is an extension of state-level enforcement initiatives dating back several years, according to one policy expert.
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Gambling

Louisiana Lawmakers To Study iGaming, But Long Odds Remain For Legalization

A Senate study committee will convene in early October to consider introducing internet gaming legislation during next year’s legislative session, in order to shore up Louisiana’s fragile budget outlook.
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Gambling

Argentina Inundated With Restrictive Advertising Bills

In the latest effort to curtail gambling advertising in Argentina, a federal senator has presented a bill to ban online sports betting and gaming operators from advertising in traditional media and on social networks.
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Gambling

Daily Dash: California Passes First AI Safety Legislation In US

California could become the first US state to enact AI safety legislation, pending the governor’s signature, while Latvia has opened a pre-licensing consultation for firms seeking authorisation under MiCA.
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Payments

Commonwealth Bank CEO Under Fire Following Surcharge Comments

The CEO of Australia’s largest bank has come under fire after suggesting that merchants are gouging consumers by surcharging for card payments.
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Payments

Amazon Web Services, Mastercard Among Industry Giants Uniting To Combat UK Economic Crime

Leading finance and technology firms have formed a coalition in the UK to tackle economic crime via enhanced digital verification, according to an announcement by the Centre for Finance, Innovation and Technology (CFIT).
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Payments

Singapore Opens Public Consultation On New Protection From Scams Bill

Singapore’s Ministry Of Home Affairs (MHA) has announced plans to introduce a Protection from Scams Bill, intended to safeguard individuals at risk from online fraud.
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Payments

Romania’s Co-ruling Party Proposes Gambling Advertising Ban

Romania’s co-ruling National Liberal Party (PNL) has announced that eliminating gambling advertisements is one of its main legislative proposals for the autumn parliamentary session which began on September 2.
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Gambling

Philippines Frees 162 Online Gambling Workers In Cebu Raid

Philippine authorities have raided an illegal online gambling operation in the major central city of Cebu, the first such operation in the area, rescuing 162 allegedly captive foreign workers.
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Gambling

Aristocrat Latest Target Of Kentucky Loss Recovery Lawsuit

A loss recovery law in Kentucky has been costly in recent years for gaming companies, with Aristocrat as the latest to be targeted with a lawsuit surrounding its social casino offering.
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Gambling

Australia Study Says Direct Marketing Boosts Betting Spending, Harm

An Australian study suggests that exposure to direct marketing from betting operators directly increases betting spending and short-term gambling-related harm.
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Gambling

Ecuador Registers Sports-Betting Operators To Pay Tax

Sixty-five sports-betting operators have registered to pay a 15 percent tax on gross revenue in Ecuador, after a government move to extract income from the grey market.  
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Gambling

NSW Regulator Juggles Finding On 'Unsuitable' Star Entertainment

The New South Wales (NSW) state casino regulator is considering its response to an external probe’s report that found The Star Entertainment Group remains unsuitable to recover its suspended casino licence.
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Gambling

Week In Crypto: Wyoming Shares Plans To Launch Its Own Stablecoin In 2025

Wyoming pitches a potential launch date for its state-backed stablecoin, Kraken learns that it will see the SEC in court, and the wife of a detained Binance compliance executive continues to plead for his release.
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Payments

Cash-Back Fees Surge At US Retail Chains, CFPB Report Reveals

A new report from the Consumer Financial Protection Bureau (CFPB) reveals that Americans are increasingly paying significant fees when requesting cash back at large retail chains using debit or prepaid cards.
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Payments

Daily Dash: Cross-Border Instant Payments Are 'Top Of Our Agenda', Says RBI

The Reserve Bank of India (RBI) has said that building instant payment linkages for remittances is a key priority, while Hong Kong has launched a new sandbox that aims to accelerate the use of tokenisation.
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Payments

Colorado Culls Wagering Catalog Of 'Negative' Bet Types

Colorado regulators took a hard stance against bet types that professional sports leagues have said should be removed from wagering catalogs throughout the United States.
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Gambling

News In Brief: August 26-August 30, 2024

A post-merger BlueBet is leaving U.S. to focus on Australia and DraftKings acquires a microbetting provider.
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Gambling

UK Blog Supplies Details Of 'Frictionless' Financial Checks Pilot

The UK’s Gambling Commission is set to launch its pilot programme to test how it will require operators to execute controversial financial risk assessments called for in the white paper.
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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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