Signed an agreement with CIE
Optimal Payments, an online payment provider, has signed an agreement with Caesars Interactive Entertainment (CIE), a subsidiary of Caesars Entertainment Corporation, to provide payments and related services. The move comes as part of CIE’s entry to the US regulated online poker market. Under the agreement, Optimal will supply CIE with gateway services related to payment processing, fraud management and related services.
“This is a ground breaking deal for Optimal Payments and demonstrates our ability to provide real value to globally renowned, land-based gaming operators and their leading brands, as the first step in our strategy to capitalise on the regulated US market,” said Joel Leonoff, President and CEO of Optimal Payments.
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
