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 […]
Business
June 2, 2023
PayNearMe Secures $45M Funding to Boost Growth
The funding round, led by Queensland Investment Corporation, and closed at $45 million with the help of Costanoa Ventures, DNS Capital, True Ventures Invicta Management, H. Barton Asset Management, and August Capital, gives the company the opportunity to continue innovating its payments solutions and deliver data-driven value to its partners. PayNearMe to Leverage Financial Injection […]
Industry
May 11, 2023
PXP Financial to Power Kindred with Fintech
PXP Financial, a global acquiring, payment, fraud and data analysis specialist, has announced a new partnership with the leading gambling operator Kindred Group. Under the agreement, Kindred, which operates 9 gaming brands, will leverage PXP Financial solutions to reinforce its business. The payment processes provided by PXP Financial are robust, reliable and, according to the […]
Industry
March 31, 2023
Paysafe Enters Massachusetts with Two Strategic Partnerships
Paysafe has taken advantage of its long-lasting relationship with the two high-profile operators to enter a ripe new market. Online sports betting in Massachusetts launched on 10 March, with leading sportsbooks fighting to secure a market share. Caesars and DraftKings understand the importance of a smooth transaction experience, making their partnership with Paysafe a significant […]
Industry
March 31, 2023
Payment Patterns Reveal New Insights into Problem Gambling Behaviors
The University of Nevada and the Las Vegas International Gaming Institute (IGI) will use the valuable data to implement early detection protocols for people at risk of becoming problem gamblers. Sightline supplied researchers with detailed information on millions of transactions across all gambling industry sectors, reaffirming the company’s commitment to fighting problem gaming. Researchers Identified […]
Business
February 6, 2023
NetBet Adopts Citizen’s Payment Solution
NetBet UK, a leading online casino brand, has penned a deal with the payment solutions provider Citizen. Under the agreement, NetBet will benefit from Citizen’s lightning-fast payments. As agreed, Citizen will join the list of NetBet partners and will leverage its critically-acclaimed cashless payment solutions to improve deposits and withdrawals for the operator’s customers. The […]
Industry
February 2, 2023
Hub88 Innovates with HubWallet
Platform provider Hub88 unveiled HubWallet, a proprietary payment solution that leverages the company’s robust back office. The new product is expected to make payments easier, safer and more intuitive. Hub88 Launches In-House Payment Solution Hub88 is best known for aggregating iGaming content, which makes the launch of HubWallet an unprecedented one. The unique solution will […]
Industry
January 27, 2023
Trustly Completes Ecospend Acqusition
Trustly, a global payment platform for digital account-to-account (A2A) transactions has unveiled the completion of its acquisition of Ecospend, a British open banking payments platform. This move was officially greenlit by the Financial Conduct Authority. Trustly Acquired Ecospend Following Approval from the FCA Following the M&A deal, Trustly and Ecospend will together form the leading […]
