Newsazenplay.comThe FATF published new red-flag indicators for money laundering, terrorist financing, and proliferation financing in gaming and gambling. It highlighted cash, e-wallets, mobile money, and virtual assets as payment channels that can be especially vulnerable to misuse.
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Payments & fintechAmazon and Openbank Pay have launched a flexible payments offering in Poland. The report appears in a payments news roundup and points to card-linked or embedded financing functionality for merchants and shoppers.
The Philippine central bank said electronic payment providers must improve merchant vetting to reduce fraud risks. The warning followed findings that thousands of illegal businesses, including online casinos, were operating on payment platforms under false business names.
Sky News reported that major UK banks are launching an equity raise to fund a new domestic payments infrastructure provider. The company could evolve into an alternative to Mastercard and Visa in the UK market.