Insights Archive

March 21, 2024

Daily Dash: Sweden's Swish Launches Self-Scanning Service

A new self-scanning service in Sweden will allow shoppers to avoid waiting in line to checkout, and the UK’s Lloyds Bank has warned that impersonation scams are on the rise.

March 21, 2024

Portuguese Antitrust Watchdog Fines SIBS Group €13.8bn For Breaking Competition Law

The Autoridade da Concorrência has fined the SIBS Group for forcing card issuers and acquirers seeking to access the SIBS Group's payment schemes to also contract its processing services.

March 21, 2024

Indian Celebrities In Firing Line Over Illegal Gambling Ads

Indian celebrities who promote illegal online sports betting may now find themselves in legal peril, with the national anti-money laundering enforcer reportedly probing at least 40 Bollywood names.

March 20, 2024

Colorado Considers Gaming Tax Increase, License Fees Rise In California

Whether to raise taxes on gaming revenue or approve higher licensing fees are two issues state gaming regulators are dealing with in Colorado and California.

March 20, 2024

Minnesota Sports-Betting Bill Sponsor Gains Charitable Gaming Support

The Allied Charities of Minnesota has reached an agreement with the House sponsor of a sports-betting bill that will see them support the measure in exchange for additional tax relief that will assist charities that rely on financial support from charitable gaming.

March 20, 2024

Brazilian Influencers Under Investigation For Illegal Gambling Promotion

Beauty and lifestyle influencers in Brazil’s Amazonian state of Acre are under investigation for promoting illegal gambling.

March 20, 2024

ASA Removes Lootbox Ads, But Academic Warns There Are Hundreds More

The UK’s advertising watchdog has banned three separate social media ads for games that failed to disclose that they included loot boxes, after they were flagged by an academic.

March 20, 2024

Paytm's UPI Lifeline Pays Off After New Permission Granted

The operator of India’s Unified Payments Interface (UPI) has granted Paytm a new permission to serve as a third-party application provider, securing continued access to the network for Paytm customers.

March 20, 2024

ECB Launches Workstreams To Draft Digital Euro Rulebook

The European Central Bank (ECB) is establishing seven new workstreams to assist in drafting various sections of its rulebook for a potential digital euro.

March 20, 2024

Open Banking Is Caught In A Quagmire, Warns Future Of Payments Architect

Open banking has the potential to solve a lot of issues in UK payments, the Future of Payments review author Joe Garner said during Pay360. However, he pointed out that there needs to be changes before this happens.

March 20, 2024

Daily Dash: EU Instant Payments Regulation Enters Official Journal

Key regulation on instant payments in the EU has gone live, and the UK Financial Conduct Authority has praised the Consumer Duty initiative in its latest annual business plan.

March 19, 2024

Dozens Seek Peru Online Licences

A total of 80 operators can keep offering online gambling in Peru through a transitional period after submitting applications during a recent licensing window, according to a list published by Peruvian regulators.

March 19, 2024

U.S. Sports Betting's Future Includes Marketing Changes, Proactive Responsible Gambling

Top executives say improving brand affinity and strengthening responsible gaming actions will be keys to the near-term future of the U.S. sports-betting market.

March 19, 2024

Malta Online Operators Should Prevent AML Review Shortcomings, Says MGA, FIAU

A thematic review of Malta’s online gambling sector has revealed that some money laundering reporting officers need to “significantly improve” their knowledge, awareness and training.

March 19, 2024

China Attempts To Woo Foreign Visitors With New Payment Service Guides

Responding to a State Council directive, Chinese regulators have begun publishing official payment services guides for foreigners, but are the recommended solutions ready for prime time?

March 19, 2024

Ireland Pushes For Better Payments Ecosystem

This year, the Irish government is due to unveil its National Payments Strategy following a consultation period. According to experts, it has been a long time coming.

March 19, 2024

Daily Dash: GoCardless Signs Agreement To Acquire Australia's Nuapay

GoCardless has tied up with Nuapay to create a full-service bank payment platform in Australia, and South Dakota has become the latest US state to update its money transmission laws.

March 19, 2024

PAGCOR Admits To Probity Weaknesses In Online Gambling

Philippine gambling regulator PAGCOR has admitted to defects in vetting foreign-facing online gambling licensees (POGOs) following the latest raid on a cyber scamming operation that freed more than 850 people.

March 18, 2024

Maryland Online Casino Bill Passed By House, Senate Fate Uncertain

With less than a month left in the Maryland legislature’s 2024 session, the House of Delegates worked overtime on Saturday to pass a bill that would place an initiative on the ballot later this year to legalize online casino gaming.

March 18, 2024

Finland Authorities Pledge Quick Response In Betsson Payment Ban Saga

Finland’s National Police Board has said it is focusing its resources to quickly address Betsson’s decision to transfer brands on the country's payment blocklist to another operator.

March 18, 2024

Daily Dash: Major Outage At Sainsbury's Brings Down Contactless Payments

Sainsbury's reported a major payment system outage at stores throughout the UK at the weekend, and India has entered an agreement with Eurobank to bring UPI remittances to Greece.