Posts From: December 2024

Monzo’s gambling block stops over £9 million in gambling payments

Monzo reveals new data showing it has blocked £9,000,000 in gambling transactions in 2024 alone an 8% year on year rise since 2023 – since introducing new features to its gambling...

Payments
Betsson Group added back to Finland’s payment blocking list

Betsson Group and its subsidiary BML Group have been placed again on the payment blocking list by the National Police Board. The decision was taken as the BML Group Ltd, a subsidiary of Betsson...

Payments
The Role of Payment Solutions in Driving Conversion in iGaming

In the rapidly evolving world of iGaming, the choice of payment solutions plays a crucial role in shaping the user experience, driving conversion rates, and determining overall business success. A...

Payments
Evaluation of the UK credit card ban

The National Centre for Social Research (NatCen) has been commissioned to evaluate the ban on use of credit cards for gambling. Great Britain was the first country to implement a...

Payments
AIB launches online gambling blocking service

AIB has introduced a voluntary block feature on debit and credit card transactions which are classified as linked to gambling. The feature is aimed at assisting those who have gambling...

Payments
Payhound selects Chainalysis’ crypto compliance solution for regulatory & operational safety 

Fintech crypto company Payhound has been utilizing Chainalysis, the blockchain data platform, to safeguard operations from exposure to malicious activity and uphold strict compliance standards. With a strong commitment to...

Payments
Australian government bans credit cards for online gambling

Australians will not be able to use credit cards as a payment method for online wagering.     Responsible Wagering Australia (RWA) and its members have been strong supporters of this measure...

Payments
Payhound empowers LSports with a seamless solution to receive payments

Fintech crypto company Payhound has been facilitating leading data provider LSports to accept payments from its clients. As the premier data provider, LSports offers real-time sports data, providing operators with...

Payments
Westpac NZ introduces gambling block feature

Westpac NZ has introduced an account block to support customers struggling with online gambling.  Louisa Brock, Westpac NZ Manager Financial Inclusion and Vulnerability, leads the bank’s Extra Care team and...

Payments
Finland places Betsson on payment blocking list

Finland’s National Police Board has prohibited Betsson Group subsidiary BML Group Ltd from accepting any payments by placing it on the national blocking list. Payment blocks in gambling came into...

Payments