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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 […]
Business
August 8, 2023
Freemarket Names Lloyd Naicker Business Development Director
The fin-tech platform for regulated business-to-business cross-border payments and currency exchange powering small to medium-sized businesses, Freemarket, expanded its team of experts with a new strategic addition. On Tuesday, the company revealed it hired the payment expert, Lloyd Naicker, to the role of business development director. The new senior-level appointment comes at a time when […]
Industry
July 7, 2023
Spelinspektionen Asks Zimpler to Cease Provision of Services to Unlicensed Companies
The Spelinspektionen, Sweden’s gambling regulator, has asked payment solution provider Zimpler to cease its business with unlicensed operators that target the country. According to the authority, the payments firm should stop offering its products that use the Swedish identity verification system BankID. The Spelinspektionen explained that it had learned about Zimpler’s violation thanks to an […]
Industry
June 30, 2023
Hungary: Regulator to Start Blocking Illegal Gambling Payments
Hungary’s Supervisory Authority for Regulated Activities (SZTFH) announced today that the blocking of bank accounts linked to illegal gambling operators would begin from July 1. Payments to Illegal Gambling Websites Will Be Refused The SZTFH notified all interested parties that it would work in close cooperation with the banks to implement restrictions on deposits to […]
Industry
June 21, 2023
Blackhawk Network Introduces Its Sports Betting Gift Cards to Three New States
With the growing popularity of sports betting across the country, Blackhawk Network’s entry into these new markets will popularize the company’s leading solutions, benefiting operators and consumers. The company’s Game On product offers unparalleled convenience and accessibility and works with many leading operators, guaranteeing its increasing popularity across the USA. Game on Cards Provide a […]
