Insights

Your window into the complex world of compliance and regulations

Our industry experts regularly spend time with lawmakers, regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

From quick blog insights through to industry events, we provide you with the depth and breadth of knowledge needed to help you make the right business decisions, staying compliant and gaining a competitive advantage.

Amazon Denies 'Ditching' Just Walk Out Technology

Amazon has denied reports that it plans to “ditch” Just Walk Out, saying that it will continue to deploy its autonomous checkout technology in certain US and UK stores, while transitioning to another system in large US supermarkets.
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Italy Set To Enter New Era Of Online, Lottery Licensing

A new decree in Italy that will see online licence fees skyrocket ahead of an expected concession window at the end of this year, and which prepares the ground for the country’s €7bn lottery tender, has been approved.
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World's First AML Information Sharing Platform For FIs Goes Live In Singapore

Singapore has launched a new information sharing platform for financial institutions (FIs), in an effort to transform the way that they handle money laundering and terrorist financing risks.
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Chile's Senate Hears Arguments For Online Gambling

Chile’s march towards online gambling regulation continued on Tuesday as the Senate economy committee heard from gambling lawyer and expert Cristina Romero, Heidi Berner from the Ministry of Finance and the Undersecretary of Telecommunications (Subtel) as each fought their side over enforcement and taxation.
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Brazil Timeline In Doubt After Official's Exit

Less than two weeks after announcing concrete steps to open the Brazilian market at ICE, the country’s would-be chief gambling regulator is no longer working for the government.
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Gambling

New Federal Rules Herald Online Era Of Tribal Gaming Compacts

The U.S. Department of the Interior has approved new regulations for tribal gaming compacts that expressly recognize the possibility of tribes offering state-wide online gaming without having to obtain a state license.
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Gambling

What's Next For The CFPB's Rulemaking On Non-Bank Payment Apps?

After a 60-day consultation period, the US Consumer Financial Protection Bureau (CFPB) is currently reviewing its proposed regulations on non-bank payment apps. Facing a backlash from the industry, how are the proposals likely to evolve?
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Payments

DORA 'Takes Shape' As First Guidelines Sent For Commission Approval

The Digital Operational Resilience Act (DORA) comes into effect in less than a year, as firms try to get their heads around the EU’s mammoth IT regulation.
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Payments

Google's Plans Will Bring 'Significant Changes' To Online Gambling, Says App Developer

Google’s plan to open up support for game types and operators not covered by existing licensing will bring “significant changes” to the online gambling industry, according to app developer mkodo.
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Gambling

Draft Curaçao Online Gambling Bill Draws Fire

Curaçao’s draft National Ordinance on Gambling is running into complaints, with the influential Advisory Council saying it has a “number of objections” and recommending that it be extensively revised.
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Gambling

Can Tether Escape The US Crypto Crackdown In 2024?

After a year of major enforcement actions against crypto firms in the US, Vixio speaks with blockchain analytics firm ChainArgos about the likelihood of similar charges being filed against Tether.
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Payments

UDPN's Single Network For Regulated Digital Currencies Prepares To Challenge Swift

The Universal Digital Payments Network (UDPN) is aiming to roll out commercial use cases in 2024, starting with cross-border transfers and swaps, that could challenge Swift.
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Payments

U.S. State Lawmakers To Promote Model Online Casino Legislation

A national coalition of state lawmakers has announced it will form a committee to prepare model gambling legislation for states to consider, with online casino topping the agenda.
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Gambling

German Regulator Criticises Proposal To Decriminalise Illegal Gambling

The German Ministry of Justice has proposed decriminalising illegal gambling and making it strictly an administrative offence, but the regulator calls the proposal “incomprehensible”.
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Gambling

'Government Is Busy Elsewhere': How BNPL Slipped Off The UK Agenda In 2023

2023 was supposed to be the year that the UK government introduced regulation for the buy now, pay later (BNPL) industry. However, the UK industry enters 2024 in limbo, even as other jurisdictions jump ahead.
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Payments

Lula Launches New Era In Brazil Online Gambling

A new era for gambling in Brazil began on December 30 when President Luiz Inácio Lula da Silva signed a law to regulate online gaming and sports betting, shifting the focus to Lula’s Ministry of Finance to implement the landmark legislation over the early months of 2024.
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Gambling

Malta Flags Concerns With Ireland's Gambling Bill

Malta has submitted two separate notifications to the European Commission flagging what it considers to be a host of regulatory barriers that may be a “cause for concern” in Ireland’s Gambling Regulation Bill 2022.
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Gambling

UK Prosecutors Order Entain To Leave Latin American Markets

The Crown Prosecution Service has ordered Entain to leave Mexico, Brazil, Chile and Peru within a year or lose the protections of its £600m deferred UK prosecution agreement, but the gambling giant retains some wiggle room.
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Gambling

MEPs Publish Amendments To PSD3 Text

Members of the European Parliament’s (MEPs) amendments to the Payment Services Directive (PSD3) have been made publicly available as political groupings in the Parliament prepare to make compromises.
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Payments

Feedzai, Mastercard Join Forces To Fight Bank-To-Crypto Money Laundering

Feedzai, a provider of financial crime and risk management solutions, has partnered with Mastercard to fight money mules who launder stolen funds from banks to crypto exchanges.
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Payments

Daily Dash: Klarna Avoids Going To Court In 'Pay In 4' US Class Action

Klarna has avoided a class action in the US thanks to a line in its terms and conditions, Block has withdrawn a Cash App licence in Ireland, and Wise has paused new business customer onboarding.
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Payments

US Treasury Outlines Stricter Rules To Address Nonbank Risk

The US Treasury has finalised guidance that makes it easier for financial regulators to impose higher prudential standards on nonbank financial institutions — a move labelled as “disappointing” by one market player.
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Payments

Brazil iGaming In Jeopardy After Romário Amendment

One of two senators charged with steering an online gambling bill through Brazil’s Senate has released an updated version limiting the scope of regulation to betting on sports events and deleting provisions for online casino games.
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Gambling

Labour Party Pressures UK Government For BNPL Rules

The opposition Labour Party has called on the UK government to implement a regulatory framework for buy now, pay later (BNPL) products.
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Payments
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Alabama Lawmakers Delay Meeting On Gambling Bills

A group of Alabama lawmakers delayed a public meeting on Wednesday as House and Senate members continue to try and reach a compromise on a package of gaming bills that have divided the two legislative chambers.
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Penn Boss Says AI Offers Risks, Opportunities For U.S. Gaming Industry

The chief executive of Penn Entertainment believes artificial intelligence offers opportunities for the regulated gaming industry, but warned its use by cybercriminals is also a direct threat to businesses.
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Bulgarian Ex-Regulators Indicted For Collusion With Alleged Gangster

A former Bulgarian gambling operator known as “The Skull” and a group of ex-regulators have been indicted over allegations of corruption and extortion.
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Botafogo's American President Gives Evidence Of Brazil Match-Fixing

Brazil’s second parliamentary investigation into match-fixing kicked off with a bang last week as the American president of famous Rio de Janeiro football team Botafogo testified that he has proof of match-fixing occurring. 
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Daily Dash: RBI Shuts Down Major Indian Bank Due To 'Serious' Compliance Concerns

India’s central bank has issued a temporary shutdown order to one of the country’s ten largest credit card issuers, and the US Federal Trade Commission has finalised a new rule that will promote competition.
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Romania Looks To Lead EU In Crypto Crime Fight With ChainArgos

Romania has stepped up its efforts to tackle crypto crime with a first-of-it-kind partnership with ChainArgos, the blockchain intelligence firm that took down the Binance stablecoin last year.
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PSR Seeks Feedback On UK Supervision Practices

The UK’s Payment Systems Regulator (PSR) has published a call for views on its proposed approach to supervision, having established a Supervision and Compliance Monitoring division last year.
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News In Brief: April 22-April 26, 2024

Brazil delays votes on gaming expansion and winnings taxes, Pennsylvania gambling credit card ban referred to Senate committee, the Canadian Football League suspends player for betting on games and Kazakhstan gambling restrictions bill advances for second reading.
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More Collaboration, Less Conflation Needed To Enhance U.S. Responsible Gambling Efforts

As gaming continues to expand across the U.S., the executive director of the newly formed Responsible Online Gaming Association believes there has been an increased emphasis on responsible gambling but a lack of collaboration between industry and experts.
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888 Sets Aside £100m-Plus To Settle Player Refund Suits

888 Holdings said it has set aside £116m (€135m) to cover legal and regulatory matters in Austria and Germany, a step which demonstrates the cost to online gambling operators of a tide of lawsuits seeking player refunds.
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