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Automatic Pix Goes Live, Enabling Recurring Payments in Brazil
Pix, Brazil鈥檚 instant payments system, has introduced a recurring payments mechanism, aiming to simplify bill payments for consumers.
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Sweepstakes Ban Under Consideration in New York, Vetoed In Louisiana
As one state legislature looks to reinforce regulatory actions against sweepstakes gaming operations, another has seen the governor veto a legislative ban, calling it unnecessary.
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Pay.UK Sets Out Ideas For Reforming UK鈥檚 Payments Infrastructure
Payment system operator Pay.UK has unveiled a package of proposed reforms to the organisational framework for interbank payments, urging 鈥渞adical鈥 change to prevent the UK falling behind on infrastructure and innovation.
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Presidential Decree Confirms Brazil Betting Tax Hike
A sharp increase in the main tax applied to online betting in Brazil became reality late Wednesday when an emergency decree was published in the Brazilian government鈥檚 official gazette.
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Sign up for accessAI Joint Venture Demonstrates UAE鈥檚 Digital and Financial Ambitions
The Middle Eastern state continues to harness financial services as an asset, moving to modernise its payments infrastructure through a public-private initiative involving the deployment of artificial intelligence (AI).
Read articleRegulatory Influencer: The Digital Ruble - Russia鈥檚 Leap into Central Bank Digital Currencies
On July 15, 2025, the Central Bank of Russia (CBR) announced that September 1, 2026 would be the beginning of the large-scale implementation of the digital ruble. The implementation date was set following an initial delay of the rollout that was scheduled to commence in July 2025. 鈥婽he digital ruble is a digital representation of a traditional ruble issued and regulated by the Central Bank of Russia (CBR). Unlike other cryptocurrencies, it operates under the CBR鈥檚 direct control, offering an official, government-backed alternative to cash and other electronic payment methods.
Read articleOpen Banking Can Plug Gaps In Financial Checks, Say Experts
As the gambling industry and its regulators ponder how to balance the growing demand to diagnose gamblers鈥 financial vulnerability with customer privacy, open banking evangelists still believe the technology has a key role to play.
Read articleUkraine Revokes Multiple B2B Licences Under New Zero Tolerance Approach
Ukraine鈥檚 new gambling regulator, PlayCity, has begun its work to remove any potential Russian-linked businesses, revoking several business-to-business licences in a single day after they failed to provide enough evidence that they have no link to countries at war with Ukraine.
Read articleU.S. Congressional Leaders Pledge Cooperation On Gaming Tax Deduction Reversal
The CEO of the American Gaming Association reiterated his support for the restoration of the full gambling loss tax cap deduction as members of the House Committee on Ways and Means held a field hearing Friday in Las Vegas on the One Big, Beautiful Bill.
Read articleNews In Brief: July 28 - August 1, 2025
New Jersey seeks to ban micro sports betting, while Irish banks introduce gambling blocks ahead of national self-exclusion rollout
Read articleVietnam Regulatory Overhaul Targets Alignment With International Norms
The State Bank of Vietnam (SBV) has launched a wide-ranging consultation process aimed at amending three key regulations governing the country鈥檚 payments ecosystem.
Read articleHong Kong Bank Fines Aim To Deter Compliance Failings
A cluster of enforcement actions by the Hong Kong Monetary Authority (HKMA) underlines the tough approach the jurisdiction is taking to combating financial crime.
Read articleMalta 鈥楧ear CEO鈥 Letter Part Of Drive For Professionalisation
The Malta Financial Services Authority (MFSA) has issued a new Dear CEO letter aimed at improving transparency and raising standards in the authorisation process for firms seeking MFSA licences.
Read articleRegulatory Influencer: Non-Bank Stored Value Facilities Prepare For Hong Kong鈥揅hina Instant Payments Corridor
Payment Connect, the first linkage between the instant payments systems of Hong Kong and mainland China, is now in operation, connecting Hong Kong鈥檚 Faster Payment System (FPS) with China鈥檚 Internet Banking Payment System (IBPS).
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