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Why crypto is hot right now for online gambling sites and casinos

Why crypto is hot right now for online gambling sites and casinos

Online gambling sites and casinos are getting onboard with cryptocurrency and blockchain technology right now. It’s a trend we are seeing very clearly from talking to industry players.  You can see it happening already. Some online casinos, including Stake.com, deal purely in crypto. Others, such as Power Play Casino and 7Bit Casino, are adding crypto...

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Danish fintech startup ZTLment strengthens board

Danish fintech startup ZTLment strengthens board

The Nordic fintech startup ZTLment has bolstered its management structure by adding three experienced business profiles to its board. The move marks a significant milestone for the company, which aims to simplify event-based payments for digital businesses with complex approval and payment processes by using regulated smart contract technology. The three board members bring...

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Rabobank gets whopping fine for cartel participation

Rabobank gets whopping fine for cartel participation

The European Commission has slapped the Netherlands’ Rabobank with a fine worth tens of millions of euros for its decade-long involvement in a cartel with Deutsche Bank concerning the trading of certain euro-denominated bonds. ADVERTISEMENT Dutch bank Rabobank is facing a €26.6 million fine from EU antitrust regulators for its involvement in a decade-long euro-denominated...

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Amended Law Allows Gov’t to Freeze Bank Accounts in Online Gambling Crackdown

Amended Law Allows Gov’t to Freeze Bank Accounts in Online Gambling Crackdown

Jakarta. The revision of the electronic transaction and information law gives authorities the power to freeze the bank accounts of suspects during the crackdown on online gambling, a minister said on Wednesday. Both the government and the House of Representatives have agreed to include such an authority in the revised law. “The existing law has...

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Dutch banks sign Digital Inclusion Manifest

Dutch banks sign Digital Inclusion Manifest

On 12 October 2023, the four largest banks in the Netherlands, the Dutch Banking Association (NVB) and the Dutch Payments Association met in Almere to sign the Digital Inclusion Manifest of the Dutch Digital Society Alliance (ADS). The Manifest was signed during a dialogue session that was hosted by Princess Laurentien and that included...

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Digiseq teams with Dutch wearable fashion brand Astari

Digiseq teams with Dutch wearable fashion brand Astari

DIGISEQ, the wearable payments tech pioneer, has today announced its partnership with ASTARI, the Dutch wearable tech fashion brand, to bring large scale wearable payment technology and more to ASTARI’s customers. With a market value of $171.38bn expected by 2032 and a projected growth of more than $150 billion over the next 10 years,...

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OJK Blocks 1,700 Bank Accounts Linked to Online Gambling

OJK Blocks 1,700 Bank Accounts Linked to Online Gambling

TEMPO.CO, Jakarta – The Financial Services Authority’s (OJK) Chief Executive of Banking Supervision, Dian Ediana Rae, said his side has blocked at least 1,700 bank accounts related to online gambling. Dian also said the number is likely to increase. “Banks are now increasingly building systems that can detect whether it is a gambling transaction or not,”...

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ABN Amro sells stake in payments joint venture to Fiserv

ABN Amro sells stake in payments joint venture to Fiserv

ABN Amro has sold its 49% stake in payment processing joint venture EMS to Fiserv. Founded in 2005 as a joint venture, EMS is a Netherlands-based digital payments business, providing infrastructure and technology for processing payments between merchants and their customers. The company currently counts 40,000 clients in 25 markets and membership of 13...

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EPI dubs new digital wallet ‘wero’

EPI dubs new digital wallet ‘wero’

The European Payments Initiative, a bank-backed venture that was initally set up to build a rival to Mastercard and Visa in Europe, has selected ‘wero’ as the commercial name for its forthcoming digital wallet solution. The wero digital wallet will be rolled out in phases, initially to support account-to-account based instant P2P and consumer-to-business...

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Viva.com introduces Tap to Pay on iPhone for Dutch merchants

Viva.com introduces Tap to Pay on iPhone for Dutch merchants

Viva.com, a leading European cloud-based neobank, now enables Dutch merchants to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone and its Viva Terminal iOS App. Tap to Pay on iPhone accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using...

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Crypto transforming iGaming and Online Gambling

Crypto transforming iGaming and Online Gambling

The global gambling market is growing in leaps and bounds. In 2023, it was valued at $263.3 billion and is expected to grow at 5.6% in 2023. Cryptocurrency can play a vital role in accelerating iGaming industry’s growth in the coming years. Popular iGaming platforms, including 7Bit Casino, VAVE, and Fairspin, not only accept Bitcoins...

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NIBC signs five-year extension to Sopra Banking contract

NIBC signs five-year extension to Sopra Banking contract

Sopra Banking Software, a leading technology partner for over 1,500 financial institutions worldwide and NIBC, a Dutch bank, have announced the extension of their contract to support the savings bank activities of NIBC in Belgium and the Netherlands. This partnership has been in place for over a decade, and the collaboration will be continued...

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