news
😱Ghana🇬🇭: regulator introduces mandatory biometric verification for all forms of gambling Paid Members Public
😱Ghana🇬🇭: regulator introduces mandatory biometric verification for all forms of gambling The Ghana Gambling Commission (GCG) has given operators 14 days (from receipt of written notice) to submit a compliance plan and 16 additional days to integrate the required tools into their operations. ▶️Ghana’s national ID card is now
😱Once in Latam: most gambling companies published their Q2 results Paid Members Public
😱Once in Latam: most gambling companies published their Q2 results In short, Brazil🇧🇷 and Mexico🇲🇽 are leading, while Colombia🇨🇴 and Peru🇵🇪 face challenges due to tax pressures. ➡️In Brazil, gambling and betting have been regulated for 8 months, and so far things are progressing smoothly. It is currently the fastest-growing
⚡️Gambling in the Netherlands: review of license holder data on the agenda Paid Members Public
⚡️Gambling in the Netherlands: review of license holder data on the agenda The Dutch Gambling Authority (KSA) has strengthened oversight of the Central Database (CDB), which stores information on licensed gambling operators. ▶️The goal is to tighten compliance checks. ▶️Context: gambling and betting in the country are regulated by the
👀Morocco🇲🇦: Revolut applies for a limited license from the Central Bank to operate in the country Paid Members Public
👀Morocco🇲🇦: Revolut applies for a limited license from the Central Bank to operate in the country The UK-Lithuanian fintech has already started recruiting staff in Morocco. ▶️Why a “limited” license? Because Revolut plans to establish itself gradually in the Moroccan market: starting as a payment operator and, within two years
⛔️Malaysia🇲🇾: Central Bank (BNM) raises compliance standards for fintechs and e-wallets Paid Members Public
⛔️Malaysia🇲🇾: Central Bank (BNM) raises compliance standards for fintechs and e-wallets The law aimed at combating money laundering and terrorist financing came into effect on January 31 of this year. However, stricter requirements have now been added for customer verification, transaction monitoring, and corporate governance standards. ▶️E-money issuers must now
📢Anti-fraud measures: MercadoPago to introduce dynamic CVV to boost online shopping security Paid Members Public
📢Anti-fraud measures: MercadoPago to introduce dynamic CVV to boost online shopping security By the end of August, the fintech giant will roll out a dynamic verification code (CVV) for its Visa credit cards. The tool aims to prevent user data from being stored on websites and to stop unauthorized charges.
🎉Thailand🇹🇭: Ministry of Finance, SEC and Ministry of Tourism launch crypto-to-baht payment system Paid Members Public
🎉Thailand🇹🇭: Ministry of Finance, SEC and Ministry of Tourism launch crypto-to-baht payment system The system, called TouristDigiPay, was launched today to support the tourism sector, which weakened after new travel restrictions were imposed on Chinese visitors. ▶️Tourist requirements: to use TouristDigiPay, travelers must open accounts with digital asset companies regulated
🐘India🇮🇳: Central Bank grants Paytm preliminary approval to operate as an online payment aggregator Paid Members Public
🐘India🇮🇳: Central Bank grants Paytm preliminary approval to operate as an online payment aggregator This is an intermediate stage requiring the company to align its operations with current regulatory standards. Paytm has 6 months to obtain final approval. ▶️As part of the process, the Central Bank will conduct a comprehensive