For many years, compliance was largely viewed as a human-driven function. Teams reviewed customer files, monitored transactions, assessed risks and submitted reports based on manual processes and professional judgement. While technology certainly played a supporting role, responsibility remained visibly attached to individual employees, compliance officers and senior management....
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Finance News, Licenses & Payments
June 6, 2025
How Malta-based PSPs handle restricted sector funds
PSPs operating in Malta are uniquely positioned to manage funds from restricted sectors, navigating complex regulatory frameworks while ensuring compliance and security. These payment service providers implement stringent due diligence...
Finance News
April 14, 2025
Risks of Payment Agents in Financial Crime Networks
Just as the digital landscape evolves, so do the techniques employed by financial criminals, with payment agents playing a significant role in these networks. These intermediaries facilitate transactions, often without...
iGaming News, Laws
March 31, 2025
AML regulations for iGaming operators in Europe
With the rapid growth of the iGaming industry in Europe, adherence to Anti-Money Laundering (AML) regulations has become paramount for operators. Each country has its own set of legal requirements,...
Laws, Licenses & Payments
March 16, 2025
AML Laws and Gambling Payments
With the increasing scrutiny on financial transactions within the gambling industry, anti-money laundering (AML) laws have significantly influenced payment methods used by operators and players alike. These regulations aim to...
iGaming News
March 6, 2025
Modern KYC in European Online Gambling
Most European countries are witnessing a significant transformation in Know Your Customer (KYC) regulations within the online gambling sector. As the industry adapts to technological advancements and increasing concerns over...
Banking
February 23, 2025
Why Banks Classify Gambling Transactions as High-Risk
With the increased use of digital payment methods and online gambling platforms, banks face significant challenges in managing risks associated with gambling transactions. Financial institutions often classify these transactions as...
iGaming News, Laws
January 18, 2025
AML Regulations in Online Gambling
Over the past decade, Anti-Money Laundering (AML) regulations have significantly shaped the online gambling sector across the globe. As a player or operator in this industry, you may wonder how...
iGaming News, Licenses & Payments
November 18, 2024
Financial Fraud and Payment Service Providers in iGaming
iGaming has grown rapidly, offering exciting opportunities for players worldwide. However, this digital landscape can also be rife with vulnerabilities. As you engage with these platforms, it's vital to understand...
iGaming News, Laws
October 28, 2024
AML and Its Impact on Online Casinos
Over recent years, anti-money laundering (AML) regulations have aimed to enhance transparency and integrity within the online gambling industry. However, the implementation of these measures in online casinos often reveals...
Finance News, Licenses & Payments
October 15, 2024
Payment Agents and Financial Crime Risks
Financial crime is a growing global problem, with payment agents often caught in the crosshairs. As I research into this critical issue, I aim to uncover the alarming link between...
Laws
October 12, 2024
AML Regulations in Online Casinos
Over the past decade, anti-money laundering (AML) regulations have evolved to address financial crimes across various industries. However, the online casino sector presents unique challenges that render these regulations largely...
iGaming News, Laws
September 17, 2024
Why AML Efforts Are Failing in Online Casinos
Most online casinos are struggling to implement effective Anti-Money Laundering (AML) measures, leaving significant gaps for illicit activities to thrive. Despite regulatory frameworks and technological advancements, challenges such as anonymity,...
Companies & People, iGaming News, Laws
August 29, 2024
The Farce of AML in Online Casinos – Bally Casino UK
Just when you think online casinos are under strict scrutiny for anti-money laundering (AML) practices, the reality reveals a complex web of oversight that often falls short. While regulations exist...
Finance News, Laws
August 28, 2024
Anti-Terrorism Financing – Just Another Checkbox for Online Casinos?
There's a growing scrutiny on the role that online casinos play in anti-terrorism financing, raising questions about whether compliance measures are merely superficial. As gambling platforms expand their global presence,...
iGaming News, Laws
June 26, 2024
Impact of AML Laws on iGaming
Most nations have stringent anti-money laundering regulations in place to combat illicit financial activities. However, how do these laws affect the booming #OnlineGambling industry, also known as #iGaming? From customer...
Casinos & Bonus, Licenses & Payments
June 7, 2024
Crypto Compliance in Casino Payments
Just as the world of online casinos continues to embrace the use of cryptocurrencies for payment transactions, the importance of crypto compliance cannot be overstated. Ensuring that casinos adhere to...