EveryMatrix Press Releases
EveryMatrix Group announces the official launch of MoneyMatrix, their new Payment Service Provider
After recently receiving the final approval from Malta Financial Authority, EveryMatrix Group is excited to officially announce MoneyMatrix, our new Payment Service Provider.
Revealed in Q1 2017, our payments processing and risk management solution has been developed to provide a holistic approach to operators looking for a single service platform. Incorporating 150+ payment solutions along with fraud and KYC tools, MoneyMatrix is available to merchants via a customisable API.
Sandra Barton, MoneyMatrix CEO, stated: âWe built an omni-channel platform to assist merchants looking to reduce their development, operational and PCI DSS overheads through the utilisation of MoneyMatrix. Managing their payment requirements through a single agreement and integration will accelerate their speed to market and ability to localise their content.â
MoneyMatrix enables operators to provide the highest levels of security and encryption for all card data transmission and storage, thereby significantly reducing the PCI requirements and costs for their clients. MoneyMatrix designed the business in a flexible way to support a fully managed service or a simple software agreement, whatever type of service the client needs.
âMerchants will be able to easily enter new markets and attract new customers without the need for long protracted contract negotiations with individual payment vendors coupled with the long lead times to get live with the new solutions.
Importantly, we want to be a true business partner and support the growth and development of our clientsâ businesses, we donât just want to sell a solution, we want to sell our service. We have compiled a team of seasoned professionals with over 40yrs experience working in Ecommerce Payments, Gambling and Risk Management, so it is our objective to put all that knowledge and expertise to work for our clients.ââ added Sandra Barton.
With the implementation of the 4th AML Directive and the ever-increasing KYC requirements from regulators around the world, MoneyMatrix partnered with some of the best technology providers to bring solutions to the table to mitigate risk and reduce the friction to accepting payments.
As a full-service provider, MoneyMatrix aims to remove the complexity and significant overhead payment processing can have by providing its customers with a simplified way to access a global range of solutions for payments, risk and KYC, back office management systems, rules and routing mechanisms that give merchants full control and visibility of their portfolio.
About MoneyMatrix
Based in Malta, MoneyMatrix is a PCI DSS Level 1 MFSA Regulated Payment Service Provider and Facilitator.
For more information, please contact us at [email protected]
Thank you,
The MoneyMatrix Team
EveryMatrix Press Releases
BetGoodwin agrees multi-year EveryMatrix partnership
EveryMatrix has finalised a multi-year agreement with rapid-growth operator BetGoodwin to power its UK business with the Tier 1 providerâs award-winning turnkey technology.
The turnkey sportsbook driven partnership will see BetGoodwin unlock access to an end-to-end suite of advanced OddsMatrix digital sports betting software solutions including comprehensive coverage from more than 100,000 live monthly matches, empowering Odds Management control tools and a suite of player focused front end features. This includes an 11-sport strong Bet Builder, multi-layered Cash Out engine, Early Payout, Odds Boost and much more.
In tandem with its upgrade to OddsMatrix sportsbook technology, BetGoodwin will also expand its core turnkey platform services by integrating several of EveryMatrixâs leading platform products.
This includes casino productivity platform CasinoEngine, player management platform GamMatrix and payments platform MoneyMatrix enabling it to increase revenues and everyday efficiencies.
BetGoodwin becomes the latest FSB Technology client to commit to EveryMatrix technology since its acquisition by the Tier 1-provider earlier this year.
By partnering with EveryMatrix, the industryâs fastest growing iGaming technology supplier, BetGoodwin will have access to the tier-1 providerâs 1,100+ experts across 14 global offices, including the UK, and its comprehensive modular product suite. This will enable it to supercharge its product performance, develop advanced features in record time and access round-the-clock support.
Launching on the FSB sportsbook platform in 2022, BetGoodwin is a rapidly growing UK brand with an expanding client base, portfolio of key horse racing sponsorships and a programme of brand ambassador partnerships including jockey Tom Cannon and media personality Mike Cattermole.
Ebbe Groes, CEO and co-founder, EveryMatrix, said: âWe are proud to welcome BetGoodwin onto the EveryMatrix platform. The growth journey they have experienced in the UK over the last two years has been great to see and we look forward to elevating this ambitious operator to the next level.
âIt is a fantastic endorsement of our turnkey technology that this flourishing brand has committed to a long-term agreement.
âThis partnership underlines our commitment to offering world-class software products and services within highly competitive, global regulated markets such as the UK.â
Julian Head, CEO, BetGoodwin, said: âThis agreement demonstrates the trust we have in the EveryMatrix technology and team. We have been impressed by the game-changing capabilities of their comprehensive turnkey platform services and are confident their technology can be the catalyst for our future growth in the UK.
âHorse racing is an integral part of our brand proposition and the forthcoming launch of OddsMatrixâs proprietary racing product will provide our growing player base with a standout service.â
Compliance Updates
Gaming Laboratories International (GLIÂź) delivers gold standard certification to core EveryMatrix platform products
Gaming Laboratories International (GLIÂź) has certified EveryMatrixâs core platform products with a twin set of gold standards enabling it to rapidly deliver its trusted technology across further regulated markets.
CasinoEngine and GamMatrix, EveryMatrixâs productivity and player account management platforms, are now fully certified to the GLI-19 standard, while its sportsbook platform OddsMatrix is certified to the GLI-33 standard.
GLI-19 relates to interactive gaming systems, while GLI-33 pertains to event wagering systems. The certification tests were executed by the GLI team.
Both are widely accepted to be among the gold standard certifications within the betting and iGaming industry and mark an important milestone in EveryMatrixâs 16-year history as it continues to grow and rank among the fastest growing technology providers.
All three platform products have been recognised as adhering to compliance requirements and best practices dictated by the two GLI standards. This now allows EveryMatrix to demonstrate compliance in all jurisdictions that base their regulations on the GLI-19 and GLI-33 standards.
The GLI certifications across CasinoEngine, GamMatrix and OddsMatrix also allows EveryMatrix to accelerate its technology deployment in each existing or new jurisdiction with the testing lab only needing to perform a reduced set of tests in each case.
Jake Cachia, Head of Compliance, EveryMatrix, said: âCustomers across the world today look to work with providers that have software certified according to these two standards which represent the highest mark of quality and compliance in our industry.
âWe are already seen as one of the most trusted partners in the market, however both GLI-19 and GLI-33 will help us build on this even more within regulated jurisdictions and weâre grateful to GLI for conducting such a thorough and efficient process.â
Chris Davies, Vice President of Sales, GLI Europe, said: âIt has been a privilege for GLI to support the EveryMatrix Team in going live in North America and LatAm markets based on GLI standards. It has, and it continues to be, a true collaboration, engaging with such an innovative team. We are excited to see the significant progress they make and wish them and everyone a successful G2E.â
EveryMatrix Press Releases
Pinnacle goes live with ânext levelâ EveryMatrix CasinoEngine technology
Global tier-1 betting and gaming pioneer brand Pinnacle has gone live with a new, advanced casino offering powered by EveryMatrix CasinoEngine technology.
Pinnacleâs casino brand is now driven by CasinoEngine, EveryMatrixâs leading productivity platform. Phase two of the partnership will see the integration of BonusEngine and JackpotEngine technology further boost growth with bonusing and gamification tools proven to increase reactivation, acquisition and retention.
CasinoEngine will aim to significantly grow Pinnacleâs casino offering into a world-class, digital entertainment experience with access to an ever-growing portfolio of more than 31,500+ best performing games.
Pinnacle has built a large part of its new casino front-end using EveryMatrix technology. It will integrate JackpotEngine to further fuel its casino through flexible and configurable jackpot customisation, adding new user experience layers to its content, plus a variety of industry-leading player reward and bonus management features.
Launched in 1998 Pinnacle is one of the worldâs best-known betting and gaming brands, pioneering advanced sports betting models, becoming the first operator to launch esports betting and consistently focusing on offering the best odds and high betting limits.
For the full year 2023 EveryMatrix produced record Gross Gaming Revenue (GGR) for operator partners with the casino business unit generating âŹ1.9bn, up 83% Year-on-Year (YoY), while Q2 2024 GGR for casino customers produced an eleventh consecutive record quarterly performance of âŹ658m, up 53% YoY.
Stian Enger Pettersen, CEO Casino, EveryMatrix, said: âTo partner with a brand as well known and well respected as Pinnacle is a huge endorsement of our capabilities to significantly grow casino revenues for tier-1 operators across global regulated markets.
âThe industry-beating numbers we continue to generate and records we continue to break for our customers speak for themselves, so weâre delighted that Pinnacleâs management team have placed their faith in us to drive forward their casino and take it to the next level.â
Nicole Kalcheva, Head of Casino, Pinnacle, said: âSports and esports have consistently been our strongest play, but with our new partnership with EveryMatrix and the proven excellence their products and services continue to achieve, we know we can reach the same heights in casino, providing our players with the ultimate best-in-class experience across all verticals.â
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