Insights Archive

November 16, 2023

Irish Banks End Plans For Mobile Payments App

Ireland’s banking industry has confirmed it is winding down plans to launch a mobile payments service due to a changing landscape.

November 16, 2023

Dutch Lottery Contracts To Be Reviewed After European Court Ruling

The European Commission must investigate whether or not selecting Dutch lottery operators constituted state aid, after a victory for the European Gaming and Betting Association in the Court of Justice of the European Union.

November 16, 2023

Brazil Betting Bill Lacks Urgency But Still Set For Senate Vote

Brazil’s President has removed the urgency requirement attached to pending legislation to regulate online betting and casino games, but only after Senate leaders committed to voting on the measure as soon as next Tuesday.

November 15, 2023

North Carolina Scraps Pick'em Language From Sports-Betting Rules

Language that would have restricted pick’em-style fantasy sports has been removed from proposed sports-betting regulations in North Carolina following pushback from fantasy operators.

November 15, 2023

Virginia Skill-Games Ban Lawsuit Dismissed, Fight Moves To Legislature

A decision by a judge in rural Virginia to dismiss a lawsuit challenging the state’s ban on unregulated skill-game machines has disappointed small business owners and manufacturers, but was overwhelmingly supported by the U.S. gaming industry.

November 15, 2023

Chile's Online Gambling Bill Stalls

Chile’s pending online gambling bill has been delayed in the Chamber of Deputies finance commission as lawmakers instead race to approve budgets for the coming year.

November 15, 2023

Departing CEO Expects Maltese Regulator To Maintain Its Course

The outgoing head of the Malta Gaming Authority does not expect the country will ever implement affordability checks, or make any drastic changes in the direction of the policies it pursues, after he departs.

November 15, 2023

Daily Dash: Mastercard, NEC Expand Biometric Checkout Program To APAC

Mastercard has announced plans to launch its pay by face technology in APAC, Lloyds has issued an urgent warning against crypto scams, and Fnality has raised £77m for blockchain payments ventures.

November 15, 2023

Using Data To Make Payments Count: Vixio Speaks With Intix, FIS

In this joint interview, Vixio speaks with Intix's Antoine Cuypers and FIS' Guy Moons about the challenges and opportunities facing the financial services industry in transaction data management.

November 15, 2023

Fintech Groups Suggest Tweaks To EU Payments Rules

Fintech lobbyists have shared a variety of views with the European Commission regarding its payments package, pushing for legislators to make changes in areas such as enforcement and contingency.

November 15, 2023

When Is A Stablecoin 'Significant' Under MiCA? Not For A While, Says EBA

The European Banking Authority (EBA) has published its draft standards on what defines a "significant" stablecoin under the Markets in Crypto-Assets (MiCA) regulation, explaining the roles of supervisory colleges, custodians, trading platforms and other entities.

November 15, 2023

East Timor Announces Plan For Online Gambling Licensing Hub

The Southeast Asian nation of Timor-Leste (East Timor) has formally announced its ambition to become an online gambling regulatory and licensing hub, with the nation’s Nobel laureate, President Jose Ramos-Horta, endorsing the strategy.

November 14, 2023

ESPN BET Launch Ends Lengthy Journey Into Sports-Betting Space

The new ESPN BET venture will launch in 17 states Tuesday, officially marking the belated arrival of one of the biggest players in the U.S. sports world into the sports-betting space.

November 14, 2023

Brazilian Football Clubs Hit Back At Senate's Advertising Restrictions

Brazil’s leading football teams have voiced strong exception to the advertising amendment attached to a sports-betting bill last week by the Senate’s sports committee that would ban gambling sponsorships, penning a letter protesting the restrictions.

November 14, 2023

Daily Dash: Malaysia's PayNet Launches Cross-Border Service For Alipay+ Users

Malaysia has launched cross-border QR code links with regional Alipay+ wallets, Thailand has confirmed a major digital cash handout scheme for 2024, and China has signed a fintech regulatory agreement with its autonomous territories.

November 14, 2023

Trade Associations Raise Concerns About MiCA/PSR Misalignment

Trade associations have warned that the EU’s proposed Payment Services Regulation (PSR) and updated directive (PSD3) clash with requirements for e-money issuers in the Markets in Crypto-Assets (MiCA) regulation.

November 14, 2023

Kenyan Gambling Bill Will Hit Unlicensed Operators

Kenyan authorities have launched new legislation in a bid to crack down on unlicensed and underage gambling in the country.

November 13, 2023

Brazilian States Joining Online Betting Licensing Game

The state of Paraiba has followed Rio de Janeiro and Paraná in opening a local licensing system for online betting, as Brazilian states seek to fill a void left by delays in implementing a federal regulatory regime.

November 13, 2023

Artificial Intelligence Set To Play Significant Role In Identifying Problem Gamblers

Online gaming companies are looking to artificial intelligence to help them take a more personalised approach to preventing players from developing a gambling addiction, with one possibility being individualised messages via chat boxes based on the player's specific play patterns.

November 13, 2023

UK To Introduce Stablecoin Rules 'As Soon As Possible' In 2024

UK regulators have set their sights on 2024 to introduce new regulation for fiat-backed stablecoins. Although the rules have yet to be confirmed, they could have serious implications for stablecoin issuers.

November 13, 2023

Canadian Conservatives Propose Open Banking Law

Conservative lawmakers in Canada have introduced a bill to move ahead with the implementation of open banking, accusing the government of "dragging their feet".