Tag Archives: Fintech

UKGC – Credit ban applies across all technology verticals

The UK Gambling Commission (UKGC) has this afternoon reminded operators that its ban on credit card transactions applies to all-digital payment processing services. Having implemented licensing condition 6.1.2 on 14 April 2020, the UKGC underlined that its credit card restrictions apply to all-digital payment services including – e-wallets, e-money transfers, mobile banking apps and further Fintech services that allow credit …

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Revolut suspends all UK gambling payments

Following the UK Gambling Commission’s (UKGC) credit card ban, Fintech ‘neobank’ Revolut has confirmed that it has suspended all payments to and from UK gambling sites, transacted through its popular app. Revolut this week informed its users that UK customers ‘won’t be able to use their Revolut cards for any online or offline gambling payments in the UK’. The statement …

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Monzo & Starling Bank launch in-app ‘gambling blocks’

Leading UK digital challenger banks Monzo and Starling Bank have added ‘gambling block’ components to their mobile banking apps, allowing for their customers to stop engaging in transactions with gambling/betting services. Considered two of the UK’s fastest growing fintech firms, Monzo and Starling seek to revolutionise retail banking, disrupting traditional current account functions and transactions through their mobile-first platforms. Launched with their …

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Sky Bet and Fast Withdrawals allows customers access to immediate payments

Customers of Sky Betting & Gaming and Barclays are the first ever to have money paid out to their cards immediately, thanks to the world-first innovation for winnings, Fast Withdrawals. The company has worked to fundamentally transform the existing 2-5 day wait that customers experience when withdrawing their winnings, with Fast Withdrawals taking just a matter of seconds. Head of …

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Pascal Lemesre – Smarkets – The fairest of them all…

Smarkets is looking to change the public’s perception of the gambling industry. From its home overlooking St Katharine Docks the company has enjoyed a fruitful few years. It recently placed 12th in Inc’s 5000 Europe of the continent’s fastest growing companies. Its focus is on a sleek and simplistic customer experience (which includes a flat 2% commission) and the way the …

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Nils Anden departs as Unibet marketing lead

Long-serving Unibet Chief Marketing Officer (CMO) Nils Anden, has confirmed his official departure from the Stockholm-listed European sports betting operator. Anden, who had served Unibet for more than ten years in numerous marketing and commercial senior management roles, has joined FinTech currency trading platform CurrencyFair.com as CMO. Leading international marketing initiatives and performance since 2012 as CMO, Anden had been …

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SafeCharge wins Fintech innovation award

Online payments and risk management operator SafeCharge has won the 2015 Risk Management Systems prize at the London Fintech Innovation Awards. SafeCharge who are one of the leading online payment providers for the igaming and sports betting sectors, were awarded the prize for their technology’s flexibility and customisation which met client demands in Fintech, the world’s fastest growing technology market. …

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