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Gambling News - 'Payments'
Industry
August 14, 2025
BSP Orders E-Wallets to Cut Ties with Online Gambling Sites Within 48 Hours
The Philippine Central Bank, also known natively as Bangko Sentral ng Pilipinas (BSP), has given all e-wallet providers a 48-hour deadline to disconnect their platforms from online gambling websites. BSP Sets Ultimatum for E-Wallets BSP Deputy Governor Mamerto Tangonan disclosed the matter during the Senate Committee on Games and Amusements hearing on Thursday, stating that […]

Business
July 21, 2025
Pavilion Payments Expands Capabilities via CasinoSoft Acquisition
Pavilion Payments completed the acquisition of casino compliance software specialist CasinoSoft. This move aims to enhance operational efficiency across the gaming industry’s most complex areas, such as AML compliance, jackpot processing, and tax reporting. This development should also enable Pavilion Payments to retain its momentum and secure additional strategic partnerships. Evolving Challenges Require Innovative Solutions […]

Business
July 2, 2025
Fintech Powerhouse Yaspa Secures $12M in Funding to Expand in the US
Yaspa, a hyper-growth financial technology company based in London, confirmed that it has received $12 million in its latest funding round. The extra money will allow the business to double down on US expansion plans. Yaspa Eyes US Growth Yaspa clarified that the funding round was led by Discerning Capital, which single-handedly contributed $10 million […]

Industry
April 29, 2025
AUSTRAC to Axe Inactive Digital Currency Exchange Firms
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has asked inactive digital currency exchange (DCE) firms to withdraw their registrations or risk having them canceled. This “Use it or Lose it” campaign would also affect crypto ATM providers, according to the AUSTRAC’s official announcement. AUSTRAC Identified Many Inactive DCEs For context, all DCEs must be […]

Legal
March 20, 2025
Turkey Cracks Down on Payment Providers Facilitating Illegal Gaming
Turkey has cracked down on several payment firms believed to be connected to illegal iGaming. Dozens of individuals were arrested in the process, including the firms’ chairman. Dozens of People Were Arrested On Monday, the Turkish police made a total of 52 arrests in Istanbul as part of its crackdown on illegal gambling. The police […]
Industry
October 15, 2024
Court Backs GGL’s Payment Blocking Order against Swiss Provider
Germany’s gambling regulator, Gemeinsame Glücksspielbehörde der Länder (GGL), has won a major legal battle against an unidentified Swiss payment provider. This significant victory highlights GGL’s authority when it comes to protecting the German market from foreign influence and non-compliance. The Decision Reinforces GGL’s Ability to Tackle External Threats The GGL, for context, had issued a […]
Business
October 7, 2024
Paysafe Becomes the GiG-Endorsed Payments Provider for CoreX Partners
Payments specialist Paysafe has formed a new partnership with GiG Software. This deal comes just after the latter company completed its spin-off from GiG Media, now known as Gentoo Media. Paysafe Supplies GiG with Key LPMs Per the deal, Paysafe has become the GiG-endorsed payments platform for all UK, continental European, North American and Latin […]
Industry
September 16, 2024
Brazilian Banks Call for Accelerated Ban on Credit Card Betting
Brazilian Federation of Banks president Isaac Sidney demanded that the government accelerate the ban on using credit cards to pay for online bets. He underscored growing concerns over problem gambling and increasing defaults in the coming months as the country awaits the full implementation of gambling regulations set to take effect in January 2024. The […]
Industry
May 28, 2024
Court Revokes Spelinspektionen’s Cease Order against Zimpler
Zimpler, a provider of payment solutions, has successfully appealed an order from the Swedish regulator (Spelinspektionen) to stop providing its BankID services to unlicensed companies. The development follows an order issued in 2023. On July 6, 2023, the Spelinspektionen ordered Zimpler to cease providing BankID payment service solutions to gambling companies that are not licensed […]
Business
April 12, 2024
GeoComply Supplies Sightline with ID Verification Solutions
Leading fintech company Sightline has formed an exclusive partnership with GeoComply, a compliance and anti-fraud tech solutions leader. Under the deal, the two parties will bolster the security and efficiency of digital transactions in regulated gaming. As per the deal, GeoComply will integrate its cutting-edge IDComply identity verification solution and compliance-grade geolocation tools into Sightline’s […]