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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 […]
Legal
April 2, 2024
Finnish Court Suspends Order to Block Payments to Betsson
Several weeks ago, Finland blacklisted Betsson subsidiary BML Group, marking the first time it had taken such action against a Malta Gaming Authority-licensed firm. Under this ruling, Finnish banks, payment providers and cryptocurrency entities were required to block all payments from Finland to the operator. The decision to blacklist BML Group was made by the […]
Business
December 6, 2023
TrueLayer Announces Nordics-Oriented Tie-up with Lunar
Nordic challenger bank Lunar has teamed up with TrueLayer, a leading open banking payments network in Europe. The new alliance will see the two companies “redefine the payments landscape” across Denmark, Norway and Sweden. According to the announcement, the new partnership will bolster TrueLayer’s instant payment capabilities in the aforementioned markets through seamless integration with […]
Business
November 14, 2023
Paysafe Maintains Its Momentum, Posts Favorable Q3 Results
Leading global payments provider Paysafe has published its Q3 results, reporting increased financial results for the third quarter of the year. The company, which just penned a major agreement with Fanatics Betting and Gaming, is optimistic about its continued momentum. In Q3, Paysafe reported revenue of $396.4 million, up 8% year-on-year. This increase represents a […]
Business
November 13, 2023
Paysafe Supplies Card Payments and AMPs to Fanatics
Leading payments specialist Paysafe has unveiled a new partnership arrangement with Fanatics Betting and Gaming. Under the deal, the former company will supply the operator with traditional card payments and alternative payment methods (APMs). Paysafe offers unique API-based solutions through a single, streamlined integration and will provide Fanatics Sportsbook with a number of deposit and […]
Business
October 31, 2023
TrueLayer and William Hill Team Up for Instant Payment Solutions
In a strategic move to enhance its customer experience, William Hill, one of the UK’s leading gaming operators, has partnered with TrueLayer, a payments technology provider. This mutually beneficial agreement will significantly bolster TrueLayer’s market presence, allowing it to stand out amidst harsh competition. Meanwhile, William Hill will benefit from instant bank payment capabilities, improving […]
Industry
September 25, 2023
Lotteritilsynet to Ensure Banks Do Not Interact with Offshore Operators
Norway continues its battle against unlicensed gambling websites. As offshore operators continue to target consumers in the country, the local gambling regulator, Lotteritilsynet, decided to monitor several banks to make sure they don’t interact with such companies. As outlined in Section 5 of the Norway Gambling Act, Norway prohibits banks from allowing customers to deposit […]
