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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 Authorities To Assess White Paper Effects

The UK government and its gambling regulator have announced plans to assess their effectiveness of the ongoing white paper reforms, including by sourcing the views of a panel of experts by experience.
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Gambling

Nigerian State Regulators To Streamline Licensing

Nigerian state gambling regulators are streamlining their licensing regimes in the wake of a recent landmark court ruling that confirmed their right to regulate gambling in their jurisdictions.
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Gambling

Regulatory Influencer: U.S. CFPB Issues Final Rule Strengthening Oversight of Nonbank Payment Platforms

As financial technology continues to revolutionize how consumers transact, the U.S. Consumer Financial Protection Bureau (CFPB) has issued a final rule, 鈥淒efining Larger Participants of a Market for General-Use Digital Consumer Payment Applications,鈥 which grants the CFPB expanded supervisory authority over certain nonbank entities that facilitate significant volumes of consumer payment transactions, marking a pivotal development for the payments industry.
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Payments

European Council Reaches Agreement On Open Finance Framework

The European Council has reached an agreement on the proposed Financial Data Access (FIDA) framework, which lays out the transition from open banking to open finance in the trading bloc.
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Payments

Daily Dash: Lithuanians Balance Digital Payments With Flexibility, Central Bank Survey Says

A Bank of Lithuania survey has highlighted evolving payment habits in the country, with 62 percent of consumers favouring payment cards and electronic settlements.
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Payments

Week In Crypto: Celsius CEO Pleads Guilty To Fraud, Faces 30 Years In Prison

Another multi-billion-dollar crypto fraudster is headed to prison, Coinbase vows to take revenge on anti-crypto US regulators, and Trump names a crypto acolyte as the Securities and Exchange Commission (SEC) chair.
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Payments

Australian Banks Join World's First Scams Intelligence-Sharing Network

Five Australian banks have joined the BioCatch Trust Network, a first-of-its-kind pilot for the sharing of behaviour-based intelligence to combat fraud and scams.
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Payments

News In Brief: December 2-December 6, 2024

Resorts Worlds names new CEO as it faces down illegal bookmaking allegation, Missouri certifies sports betting victory, AGA seeks to minimise athlete harassment and South Africa releases a new gambling advertising code.
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Gambling

FanDuel Fined For Improper Futures Bets In Massachusetts

Three wagers totaling $11 will cost FanDuel $10,000, after the Massachusetts Gaming Commission approved a staff recommendation to fine the company for accepting the improper futures bets on an in-state college team.
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Gambling

Nigeria: FIs Must Raise Compliance Game To Exit Grey List In 2025, Says Central Bank

The head of the Central Bank of Nigeria (CBN) has told financial institutions (FIs) that implementing a 鈥渞obust鈥 culture of compliance will be 鈥渃ritical鈥 to the country鈥檚 exit from the Financial Action Task Force's (FATF) grey list in 2025.
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Payments

Daily Dash: US CFPB Proposes Rule To Stop Data Brokers Selling Sensitive Information

The US Consumer Financial Protection Bureau (CFPB) has proposed a new rule to restrict the sale of sensitive personal and financial information, aiming to prevent misuse of data by scammers, stalkers and foreign actors.
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Payments

MEPs Challenge Commission On AI Overregulation

The EU is facing questions on competitiveness and innovation in the artificial intelligence (AI) sector and the risk of stifling the technology鈥檚 growth in the trading bloc.
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Payments

UK Gambling Minister Warns of 鈥楩urther Action鈥 On White-Label Companies

The new British gambling minister said she is reviewing the controversial practice of online gambling operators who use 鈥渨hite label鈥 arrangements to market to gambling licensees outside the country.
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Gambling

U.S. Civil Suits Remain Popular Tactic For Sweepstakes Opponents

Sweepstakes gaming operators continue to face a steady stream of civil lawsuits challenging their business model in a variety of ways and seeking damages, with suppliers increasingly getting caught in the crossfire.
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Gambling

Betsson Operator Returns To Finland Payment Blocklist

Betsson has been returned to the payments blocklist in Finland after it failed in its Supreme Court challenge, marking the latest twist in an ongoing tussle with the country鈥檚 gambling regulator.
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Gambling

Brazil Senate Shelves Vote On Land-Based Gaming Expansion

Brazil鈥檚 Senate abruptly postponed its planned vote on a sweeping gaming expansion bill, after opponents insisted that senators鈥 attention be focused exclusively on an ongoing parliamentary investigation into online betting.聽
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Gambling

UN Agency Urges Ban On Gambling Ads To Reduce Harm

鈥嬧嬧嬧嬧嬧嬧婽he World Health Organization has suggested that banning gambling advertising and ending sports sponsorships should be considered, along with counter-messages to reduce harm from gambling.
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Gambling

A Looming Shadow: Online Gambling Crime In Thailand And The Casino Campaign

In this Forensic Explainer, 天涯海角社区 GamblingCompliance summarises the latest developments in online gambling policy and enforcement in Thailand, and discusses potential headwinds for integrated resort casinos that might flow from imperfect attempts to seal governance wounds opened by thousands of trafficking victims and an ebbing of public trust.
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Gambling

PSR Launches Consultation On New Payments Architecture

Following the UK government鈥檚 comments on the New Payments Architecture in the National Payments Vision, the Payment Systems Regulator (PSR) has begun setting out its plans to amend the rules for its governance at Pay.UK.
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Payments

Hungary Winds Down EU鈥檚 First Retail CBDC Pilot

Hungary鈥檚 central bank has announced the closure of its Student Safe project, which emerged as one of the EU鈥檚 few operational central bank digital currency (CBDC) efforts.
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Payments
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天涯海角社区 View: The UK鈥檚 Crypto Perimeter Clarification 鈥 Mapping the Transition to FSMA

In Consultation Paper CP26/13, the Financial Conduct Authority (FCA) adds an extra level of granularity to its plans for the cryptoasset regulatory regime, aiming to avoid edge cases and provide clarity for affected entities.
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Regulatory Influencer: Are the Americas Entering a New Phase of Risk-Based Supervision? Argentina Leads the Way

Between January and March 2026, the Argentine National Securities Commission (CNV) introduced a series of targeted reforms aimed at simplifying reporting obligations, modernising administrative procedures, and reducing regulatory burdens for investment firms.
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Experimental Legal Regime Formalises Russian Crypto Trade Settlements

New legislation may help to take decentralised finance from a workaround for sanctions to a supervised payment rail, moving cross-border payments from a legal grey area, increasing stability and reducing costs.
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Latest Proposed Rules for Bank-Issued Stablecoins in the US Introduce Fresh Challenges

The new framework signals a high-barrier, high-discretion regime that could narrow the market to a handful of systemic players that can respond to shifting regulatory demands, leaving smaller banks on the sidelines.
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Kenya鈥檚 Crypto Framework Risks Squeezing Out Local Innovation

The end of a key consultation period means the modernisation of crypto and digital assets regulation continues to advance, but strict rules could inadvertently disadvantage local start-ups and lead to capital flight and consolidation.
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Twin Announcements Signal Major Overhaul of US AML/CTF Regulation

The new proposed rulemakings aim to force a shift from static policy design to real-time operational maintenance, requiring firms to prove that their compliance frameworks actually stop illicit activity rather than just documenting it.
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Regulatory Influencer: New Zealand鈥檚 AML Levy - Privatising the Cost of Effective Supervision, A One-Off or More to Come?

The New Zealand Ministry of Justice (MoJ) has released the AML levy proposal outlining its plans to impose a charge on anti-money laundering (AML) reporting entities to fund the establishment and running of a standalone AML regulator for the country. While the AML Amendment Bill and the AML Supervisor and Levy Bill, which form the legal basis for this proposal, have yet to be passed in parliament, the levy鈥檚 stated implementation date of July 2027 could mean a costly recurring bill for AML reporting entities from next year.
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UK鈥檚 Payments Association Calls For APP Fraud Regulation To Target Digital Platforms

The industry body has called for new regulations that would impose strengthened fraud prevention standards across social media, online marketplace and instant messaging platforms operating in the UK.
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Unpacking the RBA鈥檚 Ban on Card Surcharging and New Interchange Caps

Changes to the rules on merchant card fees in Australia aim to introduce greater transparency and spur competition, and will contribute to the shifting landscape as alternative payment methods expand the variety of options.
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Regulatory Influencer: A Playbook Emerges - Convergence and Divergence in State Crypto Kiosk Regulation

In March 2026, Maine became the latest in a growing number of states to adopt legislation regulating virtual currency kiosks (crypto ATMs) in the US. Maine's law builds on emergency legislation adopted by the state in June 2025, regulating virtual currency kiosks within the state鈥檚 money transmission framework and providing additional consumer protections specific to kiosks. Elsewhere, legislation to regulate crypto kiosks and implement consumer protection measures is, at the time of writing, awaiting the governor鈥檚 signature in Florida, Kansas, and Virginia. The legislation reflects a regulatory pattern emerging across the US. States are beginning to converge on a common regulatory framework for virtual currency kiosks, addressing consumer protection concerns and fraud risks through comprehensive legislation, plugging a gap left by federal supervision, which has remained primarily focused on anti-money laundering (AML) oversight.
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