PYMNTS

JULY 23, 2019

Regulations and restrictive rules on e-wallets created by the State Bank of Vietnam are preventing the country from becoming a cashless society. Compliance has also tightened up in the past year, due to a crackdown on illegal gambling mostly paid for with anonymous digital wallet transactions.

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social media Mobile Taxes Compliance 116

PYMNTS

JANUARY 14, 2019

Vietnam wants to be a cashless society, according to a report in Financial Times , but bank regulations are hindering the country’s ability to do so. In the last year, compliance has tightened up, too, because of a crackdown on illegal gambling mostly paid for with anonymous digital wallet transactions.

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Regulation Payments Compliance Maine 123

PYMNTS

FEBRUARY 2, 2021

The global financial sector is responding with renewed interest in the idea of cashless societies or those that are less dependent on cash. The aim of becoming a cashless society means that many entities are focusing their attention on bringing more digital payment capabilities to areas of daily use, such as brick-and-mortar shopping. “In

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Payments Regional Regulation Examples 103

PYMNTS

JUNE 25, 2020

And while that information is certainly valuable when it comes to evaluating investments — this incredibly granular view they have of areas and how people in those areas are employed by industry and income level — might just have “much more value to society beyond just investing in residential real estate.”

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Las Vegas Miami San Diego San Francisco 255

Lex Sokolin

AUGUST 5, 2019

First, the Capital One and Equifax bits are negatively surprising, but in the way that losing a gambling bet is negatively surprising. We took the gamble of a 2% loss on a 100% cost, and when that loss actualized, we felt badly. But we cannot fix human society structurally just by asking people to download wallets.

Data 40

Data Security System US 40

Lex Sokolin

AUGUST 5, 2019

First, the Capital One and Equifax bits are negatively surprising, but in the way that losing a gambling bet is negatively surprising. We took the gamble of a 2% loss on a 100% cost, and when that loss actualized, we felt badly. But we cannot fix human society structurally just by asking people to download wallets.

Data 40

Data Security System US 40

TheGuardian

AUGUST 28, 2023

Bank data analysis suggests lenders could be unwittingly fuelling gambling problems by extending credit Financial institutions in the UK may be lending more than £174m a month to people who are using a risky proportion of their income on gambling, an analysis of the spending patterns of loan customers suggests.

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Lending Analysis Data Technology 59