
Solution for legalised and regulated wager-based gaming
Global Cash Access, a provider of cash access products and related services, is partnering with Live Gamer, a digital commerce and advertising platform, to provide operators of legalised online wager-based casino games a licensed end-to-end payment, patron e-wallet and management solution (view press release). The proposed solution, expected to be released in 2013, will combine Global Cash Access’ casino cash management products with Live Gamer’s monetisation and virtual currency for the social and play for fun industry. The solution will be designed to enable Global Cash Access’ clients to transition gaming activities from off-line to online and back. In addition, it will allow operators to expand their player base, broaden feature functionality and maximise patron loyalty across the gaming enterprise.
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more