London, UK, Jan. 24, 2026 (GLOBE NEWSWIRE) — FinTelegram, a leading cyber-finance intelligence platform, released a compliance report highlighting concerns over open banking infrastructure provider Yapily Connected Ltd (UK) and Yapily Connect UAB (Lithuania), particularly related to problematic payment flows into unlicensed offshore online casinos. The report also mentions Yapily's strategic partnership with Google, underscoring widening regulatory, compliance, and risk-management implications arising from Yapily's expanding role in European fintech infrastructure. The 28-page Fintelegram Compliance Report (Case ID: YAPILY-2026-Q1), covering January 2025 to January 2026, profiles Yapily's regulatory status as a licensed payment institution in the UK (FCA) and the EU (bank of Lithuania. It details Yapily's high=visibility collaboration with Google providing bank verification services across Europe, a move that has amplified Yapily's footprint in the open banking ecosystem. However, the report also finds that Yapily's open banking rails are being routed through a Bulgarian intermediary into payment flow for offshore online casino operations, including platforms operating without local licensing in key European markets. According to FinTelegram's investigation, this structural connection raises urgent questions about Yapily's transaction monitoring, customer due diligence, and high-risk merchant control, especially in sectors such as iGaming that cary elevated regulatory scrutiny. The findings outlined in the report are expected to draw increased attention from UK and EU regulators, as they tighten oversight of gambling payments and risk management in open banking. Key Insights from the Yapily Compliance Report: The full report is available for professional download from the FinTelegram case register and will be updated quarterly to reflect evolving dynamics in the open banking landscape. – END – About FinTelegram
FinTelegram is a cyber-finance intelligence platform focused on uncovering financial crime risks, regulatory violations, and high-risk market activity through evidence-based investigative reporting. The platform provides compliance professionals, regulators, and journalists with structured insights into emerging risk signals and systemic vulnerabilities.
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