AI expert says that MGA sandbox is a crime fighter

Alexiei Dingli, professor of artificial intelligence at the University of Malta  speaking to SiGMA News said, “Once the sandbox framework is rolled out by Malta Gaming Authority,  it will be expected to significantly impact crime mitigation through its ability to facilitate the development, testing, and validation of innovative AI systems that adhere to AI regulations.”.…

Corefy launches new tool to prevent fraudulent payments

Payment company Corefy has just announced its launch of the Firewall v1.0 to be used on their payment platform to reduce fraudulent payments.   Corefy is a universal payment platform for online businesses and payment institutions. Its mission is to provide an easy process for businesses to manage their payments from.   This launch updates…

iGaming: The role of crypto in the industry

With its inception in the 90’s the iGaming industry has come leaps and bounds when it comes to technological advancements and the latest, being cryptocurrency is proving to be the way forward. The introduction of cryptocurrency into the industry has pushed the safety and security of transfers forward by reducing the intermediary role practically making…

Malta Gaming Regulator’s new framework will attract operators and gamers

Malta Gaming Authority’s (MGA) new sandbox framework will consolidate the acceptance of virtual financial assets and virtual tokens. Operators will be able to use blockchain technology to accept cryptocurrency payments. In response to the positive feedback received on the proposed sandbox framework, MGA extended its invitation for applications from interested parties to 27 February. Speaking…

Philippines: AGI certain next year will bring significant growth to gaming and tourism operations

AGI is the biggest hotel operator in the Philippines Alliance Global Group Inc. (AGI) is certain that next year will bring significant growth for its gaming and tourism operations. This is due to China’s anticipated reopening, which would spark a massive wave of retaliation spending. AGI Vice Chairman and CEO Kevin Tan noted that, “China…

Bitcoin and Gambling in 2022: The Biggest Pros and Cons

Ever since that legendary Bitcoin pizza, the world’s first cryptocurrency has grown to become widely accepted in the crypto world. Online casinos, companies at the bleeding edge of the tech world, were among the first to adopt crypto payments and allow their players to deposit – and win – Bitcoins. But how do things stand…

MuchBetter gets set to showcase at SiGMA Europe 22

Digital payments company MuchBetter is set for an action-packed week at SiGMA Europe next month. In addition to its flagship product the MuchBetter Wallet, which offers choice and flexibility to its partners around the world, the MuchBetter team will be showcasing two more of its latest products – MuchBetter Gateway and MuchBetter Cash – at…

Five markers for merchants to determine an efficient and reliable payment provider in 2022

Words by Natalia Stetco, Business Development Director Humoney Platform How do you find the right payment service provider and open a bank account in a market full of new fintech solutions, primarily if you work in high-risk industries? Payments operated by a regulated payment service provider are at the heart of business continuity. Merchants can…

Crypto sportsbooks eye breakthrough at Qatar World Cup

In the four years since the last World Cup, crypto sports betting has grabbed headlines and powered the growth of a new breed of sportsbook brands. But with greater scrutiny and competition, challenges remain ahead of Qatar for one of gaming’s fastest growing corners. One in every ten dollars bet on this year’s World Cup…

Will crypto go mainstream in iGaming?

The future of cryptocurrency has always been a debatable topic, with many still unsure if the digital currency can replace or improve on traditional formats. Casino and sportsbook operators have incorporated new cryptocurrency offerings onto their platforms. But more education, closer attention to bettor preferences and regulation may be needed before crypto enters the mainstream…