Traditional banking firms are often hesitant to offer accounts to iGaming companies and other ‘high risk’ businesses. This outdated approach means that these businesses can struggle to open a merchant account that meets their banking needs. What’s more, the risk of sudden de-banking presents a significant operational risk and long-term growth challenge. Thankfully, forward-thinking providers […]
Open Banking in Europe has come a long way since the European Commission’s (EC) Second Payment Services Directive (PSD2) came into force in 2016. As a result, in May 2022, the EC published a targeted consultation to gather evidence for its review of PSD2 and inform its continuing work on open finance. As the EC begins […]
The cryptocurrency markets are in freefall.And for many crypto traders, it feels like the end of the world.We’ve had one of the biggest scams of modern times with the collapse of the LUNA and UST cryptocurrencies, with at least $40 billion wiped off the crypto market capitalization.Yet still, interest in crypto has never been higher.The […]
Tackling the payments situation in high-risk scenariosThe financial world is changing at a fast pace.New business sectors are coming onto the market and these include several high-risk businesses.Money laundering, fraud, and cybersecurity threats continue to plague the high-risk sector. This means that payment gateways need to be more secure than ever before.In this blog post, […]
In this in-depth overview, we are providing a guide on the various iGaming payment solutions available in 2022.It is well-known that the online iGaming industry, often perceived as high risk, suffers from a certain amount of bad press regarding AML and other financial insecurity so the importance of properly structured payment solutions is paramount.Let’s take […]
Debit cards seem to be all the rage, especially in Europe. There’s been a considerable shift from credit cards over the past years and that’s been reflected in recent reports on personal payment trends.New data from PCM’s Digital and Card Payments Yearbooks 2022 reveals the overwhelming dominance of debit cards across the continent.Around seven in ten of […]
We are currently in the midst of a great crypto crash that hasn’t been seen for some time. Hundreds of billions of dollars have been wiped off the market value of the crypto market. The stock market has also suffered a significant drop and some link this to macroeconomic factors, rising interest rates by the […]
New services have dramatically shaken up the payments market in the past ten years. The trend away from cash has only accelerated since the pandemic. Customers enjoy greater choice than ever before, and are more likely to convert on ecommerce and retail sites if their preferred payment method is supported. With so much variety and competition […]
Most businesses do not give much attention to the payments sector. They have their set methods of how they make and receive payments, and they are happy to leave things as they are.However, when diving into what is happening in the payments industry, there is a lot of change happening and there are exciting opportunities […]
The European market is a hotbed for Electronic Money Institutions (EMIs) with around 500 such institutions established. Designed for the digital era, EMIs offer innovative access to core financial services across numerous industries.EMI’s are known to provide online payment systems. Normally e-payment is done via debit, credit cards, direct bank deposits, and e-checks, other alternative […]