Insights Archive

November 24, 2023

Daily Dash: New Eurosystem Retail Payment Strategy Strives For 'Resilience'

The European Central Bank has said resilience will be a key goal for retail payments in 2024, Tempo has published new research on the growth of euro-backed stablecoins, and the Bank of Korea prepares for a CBDC "usability test".

November 24, 2023

Time For A National Payments Strategy, UK Report Says

The “strongest recommendation” in a new report on the UK payments landscape is that the government develops a national payments vision and strategy.

November 24, 2023

News In Brief: November 20-November 24, 2023

Chile's online gambling bill is finally heading for the political limelight, a gambling operator is sentenced to 20 years in jail in the Philippines and Star Entertainment's watchdog in Australia has its term extended.

November 24, 2023

Official UK Problem Gambling Rate Set To Skyrocket Under New Model

The UK Gambling Commission has completed the final step in the experimental phase of its project to improve data collection on gambling participation and the prevalence of problem gambling, publishing new data for the Gambling Survey for Great Britain.

November 23, 2023

Brazil's Online Betting Bill Passes To Senate Floor

The Brazilian Senate’s economic affairs committee voted on Wednesday to approve its version of a pending sports-betting bill, after a move to remove casino games from the legislation was rebuffed by senators.

November 23, 2023

UK ICO Enforcement Threat For Gambling Firms Over Advertising Cookies

The UK’s Information Commissioner’s Office (ICO) has warned that websites face enforcement action if they do not make changes to comply with data protection laws surrounding advertising cookies, highlighting online gambling firms targeting addicts as a key concern.

November 23, 2023

Daily Dash: FedNow Will Complement RTP Network, Says Fed Head

A Federal Reserve head has defended the co-existence of two instant payment rails in the US, Hong Kong and Abu Dhabi have entered a new fintech regulation partnership, and Poland’s BLIK will expand into Romania and Slovakia.

November 23, 2023

Binance Breaks Records In $4.3bn Criminal Settlement With US Agencies

After months of speculation over a potential criminal case against Binance, the US Department of Justice has published details of charges, convictions and a historic settlement all in one day.

November 23, 2023

Fintechs Pleased With 2024 Commitments From Canada's Government

Canada’s government has taken heed from fintech and payments players in the country, opting to expand Payments Canada’s membership and to bring forward a legislative framework for open banking.

November 22, 2023

Washington Gaming Regulators Close Out 2023 With Guns, Cash And Raffles

Washington state gaming regulators have rejected efforts to expand the sale of 50/50 raffle tickets outside an arena or stadium, despite the raffles' popularity with fans attending sporting events.

November 22, 2023

German Trade Groups Urge Flexible Regulation To Fight Illegal Gambling

German gambling industry trade groups are calling for “flexible regulation” as a method of beating the black market, citing a new study they commissioned which suggests half of all playing time is spent on illegal websites.

November 22, 2023

Daily Dash: Mastercard Gets Green Light From China

Mastercard has been approved to commence domestic card processing in China after a nearly four-year approval process, while an Irish trade association has lobbied the government for a national fintech centre.

November 22, 2023

Industry Group Pushes For Open Banking In Canada

“It is long past time for Canada to embrace open banking,” a key technology group has said, launching a new campaign as momentum for open banking reform continues to grow.

November 22, 2023

Japan Charges Online Gambling Middle-Man With Organised Crime Offence

Japanese police are prosecuting online gambling activity with full force for the first time, re-arresting a payments executive on organised crime charges, while charging a second executive and probing five alleged collaborators and 21 customers.

November 22, 2023

Japan Charges Online Gambling Middle-Man With Organised Crime Offence

November 22, 2023

Senate Bill Requires Brazilian Investment In Online Operators

A key senator has released an updated version of legislation to regulate online betting and casino games in Brazil, with a six-month transition period now proposed for offshore operators who could only obtain a licence if they have local investment partners.

November 21, 2023

Florida Fantasy Sports Battle Continues

Pick’em-style fantasy sports operators continue to operate in Florida more than two months after the state gaming regulator sent at least three prominent operators letters ordering them to cease offering contests in the state.

November 21, 2023

Ethical Use Of Artificial Intelligence Critical In U.S. Gaming Industry

Artificial intelligence can be used in a variety of ways to improve the gaming experience, from developing new, more challenging games to creating a more immersive experience, but its ethical use is still a subject of concern, according to researchers.

November 21, 2023

New Ukraine Bill Draws Allegations Of Rule-Bending For Lotteries

Ukraine’s parliament is debating draft Bill 10101, which some claim could allow national lottery operators to run casinos, bookmaking and slot operations at significantly lower costs than those imposed by the current licensing system.

November 21, 2023

Swedish Trade Associations Split Over Proposed Money Laundering Fine Changes

The Swedish government's plans to make gambling firms face the same maximum fines for money laundering law breaches as they do for gambling fines has split the opinion of local trade groups.

November 21, 2023

Lithuania Urges Payment Firms To Strengthen ICT Capabilities

Lithuania’s central bank has warned e-money and payment institutions over how they manage third-party information and communication technologies (ICT) risks, pushing for stronger supervision.