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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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Massachusetts Regulators Request Data On Sports-Betting Player Limitations

After holding several meetings regarding the unpopular practice of operators limiting winning sports bettors, Massachusetts regulators will now request specific data from its licensees related to the practice.
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Gambling

Week In Crypto: Another Former FTX Executive Is Spared Prison

A key accomplice to one of the largest frauds in history has been spared a prison sentence in return for his "outstanding cooperation" with US prosecutors.
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Payments

Daily Dash: Montenegro And Albania Join SEPA Payment Schemes In Balkan Boon For Payments

The European Payments Council has approved the inclusion of Montenegro and Albania in the Single Euro Payments Area (SEPA) payment schemes, expanding the initiative's geographical scope to 38 countries, including EU and non-EU members such as the UK and Switzerland.
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Payments

Global Open Finance Guidelines With A Royal Stamp Of Approval

A coalition including the Bank for International Settlements and the International Monetary Fund has announced new open finance guidelines intended to improve financial inclusion.
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Payments

New CFPB Rule Introduces Oversight Of Digital Payment Apps

The US Consumer Financial Protection Bureau (CFPB) has finalised a rule granting federal supervision over the largest digital payment apps, marking a significant expansion in oversight for big tech firms in the payments space.
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Payments

APP Fraud Having A Massive Impact On Social Media Trust, UK Research Reveals

The UK鈥檚 Payment Systems Regulator has released data on authorised push payment (APP) fraud's devastating impact on UK consumers, with losses exceeding 拢213m in the first half of this year alone.
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Payments

Veikkaus Advertised More Than 200 Times On Family-Orientated TV Shows

Finland鈥檚 National Police Board has revealed that Veikkaus advertised more than 200 times during 2023 and 2024 on family-oriented and weekend morning TV shows, sparking the recent enforcement action against it.
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Gambling

News In Brief: November 18-November 22, 2024

IGT is investigating a cybersecurity breach which continues to hamper the company and Nevada changes its rules around rescinding bets.
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Gambling

Horseracing Body Calls Isle Of Man, Others 'Pseudo-Regulators'

The International Federation of Horseracing Authorities has accused the Isle of Man鈥檚 Gambling Supervision Commission and other online gaming hub authorities of being 鈥減seudo-regulators鈥 as horseracing interests sharpen attacks on the online gambling space.
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Gambling

Ohio Regulators Issue $425,000 Fine To DraftKings

Ohio regulators have fined DraftKings $425,000 as part of a settlement agreement for violations that included accepting banned proposition wagers and accepting deposits through unauthorized methods.
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Gambling

Second Trump Administration Lengthens Odds For Federal Sports-Betting Regulation

President-elect Donald Trump is a well-known former Atlantic City casino owner, so his return to the White House would appear to be bad news for legislation seeking to regulate online sports betting and good news for an industry opposed to federal intervention.
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Gambling

Corporate Sustainability Three Ways: What Is ESG Reporting?

The role of environmental, social and governance (ESG) issues in the world of gambling, as well as in a wider business context, is frequently debated and sometimes even politicised, but just like data protection before it, the European Union is forcing the issue. This Forensic Explainer takes a look at existing examples of how big gambling companies engage with sustainability reporting ahead of next year's new compliance requirements.
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Gambling

Daily Dash: Brazilian Central Bank Names Microsoft, Chainlink In Phase 2 CBDC Pilot

The Banco Central do Brasil has named Microsoft, Banco Inter, 7Comm and Chainlink as participants in a new study under the Phase 2 pilot of Drex, its central bank digital currency (CBDC).
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Payments

PayPal USD Stablecoin Continues To Expand, Despite SEC Subpoena

PayPal has announced that its US dollar stablecoin, PYUSD, can now be used for cross-border settlements made via Xoom, its proprietary money transfer company.
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Payments

Swedish Central Bank Calls For Retail Payment Infrastructure Modernisation

Introducing a new five-year roadmap to improve the security, efficiency and accessibility of retail payments, the Riksbank has made it clear that payments infrastructure in the Nordic country must be enhanced.
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Payments

CFPB Takes Action Against Prisoner Payment Processor Over Exploitation Tactics

The US Consumer Financial Protection Bureau (CFPB) has imposed a $3m penalty on Global Tel Link Corporation for illegally freezing and draining payments accounts of people who are incarcerated.
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Payments

Young Men Drawn Offshore, Says Belgian Operator Survey

More than half of young Belgian men are very familiar with unlicensed online gambling brands, according to new research from the Belgian Association of Gambling Operators.
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Gambling

Report Finds U.S. Sports-Betting Kiosks Offer Little Economic Benefit

Sports-betting kiosks are likely to remain limited to inside Massachusetts鈥 three land-based casinos, after a new report has found that any expansion of the self-service wagering terminals into retail locations would result in little added benefit to the state.
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Gambling

Colombia Goes After Unauthorised Influencers

Colombian regulator Coljuegos has begun sanction proceedings against 35 influencers and companies suspected of operating promotions through their social-media channels without permission and without paying the associated fees.
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Gambling

US Lawmakers Urge FinCEN To Suspend Beneficial Ownership Reporting Rules

More than 40 lawmakers have written to the US Treasury to ask for a delay on new reporting requirements related to beneficial ownership information.
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Payments
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Regulatory Influencer: The GENIUS Act - From Statute to Supervision

With the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act enacted into law last year, federal regulators are now required to implement its final rules by July 2026. Ultimately, these rules will create a legal framework for stablecoins, a unique form of cryptocurrency designed to maintain a steady value through pegs to a reserve asset.
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New Cross-Border Strategy Moves FedNow From Closed Loop to Open Rail

The notice of proposed rulemaking on plans to open the instant payments service to private-sector intermediaries is a step towards permitting its use in cross-border transactions, bringing the US into line with a global trend.
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UK Government Seeks to Create Safe Space for Advancing Payments Technologies

The announcement of a package of measures intended to boost the UK鈥檚 competitive edge and modernise its payments services regulation offers limited novelty, but represents further evolution of the country鈥檚 regulatory environment.
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天涯海角社区鈥檚 Verdict: Inside the UK FCA鈥檚 Open Finance Strategy

The Financial Conduct Authority鈥檚 (FCA) Open Finance Roadmap, published in April 2026, demonstrates the regulator鈥檚 commitment to open finance as part of its broader smart data strategy and signals early intent to engage with industry as it develops the relevant regulatory framework.
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CASS 15 Resolution Pack Checklist for FCA-Regulated Payment Institutions and E-Money Institutions

To help firms build and maintain a complete, accurate and readily accessible resolution pack, 天涯海角社区 has created this guide, which breaks down the CASS 15 requirements into actionable workstreams that organisations can use to ensure their documentation is complete.
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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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