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Stuart C. Harvey, Jr. Appointed Chairman of Paysafe

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Stuart C. Harvey, Jr. Appointed Chairman of Paysafe
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Paysafe, a leading global payments provider, today announced the appointment of Stuart C. Harvey, Jr. as non-executive Chairman of its Board of Directors. The appointment takes immediate effect.

Harvey has a proven track record of driving growth in multiple global companies over a 30+ year career with demonstrated expertise in the capital markets, payments and financial technology industries.

Commenting on the appointment, Paysafe’s Chief Executive Officer, Joel Leonoff, said: “We are delighted to welcome someone of Stuart’s calibre to our Board. We have bold ambitions at Paysafe and selected Stuart because of the highly relevant skills and experience he brings as we continue to redefine global payments for our diverse range of clients across the globe.

Paysafe Chairman, Stuart Harvey, added: “This is an exciting time to be joining the Paysafe Board. Paysafe benefits from unique payments and ecommerce offerings which position it well for future growth in the financial services industry and the payments space particularly. There is enormous potential for all Paysafe’s core competencies including payment processing, digital wallets and prepaid solutions. I look forward to leading the Board at this momentous time.

Harvey most recently served as the President and Chief Operating Officer of Piper Jaffray Companies (NYSE:PJC), an investment bank and asset management firm. Prior to that, he was Chairman, CEO and President of Ceridian Corporation, a provider of human capital management services. In that capacity, he directed the operational split and ultimate sale of Ceridian’s payments division, Comdata, Inc. In the years preceding Ceridian, Harvey built Elavon Global Acquiring Solutions, a global payments processor and subsidiary of US Bancorp, initially by leading the global acquisition strategy and ultimately served as Elavon’s CEO.

Paysafe, previously a FTSE 250 company, was acquired by private equity firms Blackstone and CVC Partners in December last year.  Its newly formed Board of Directors consists of eight members: six non-executive directors and two executive directors. Full Details of Paysafe’s Board of Directors can be found here.  

 

About Stuart C. Harvey Jr.

As President and COO of Piper Jaffray, Harvey led operations of the firm’s global investment banking, equity, public finance, fixed income and asset management businesses. Harvey re-joined Piper Jaffray in 2015, having previously served as Managing Director of the firm’s investment banking group from 1993 to 2003. In the years between his time at Piper Jaffray, Harvey built and led considerable transformation, value creation and liquidity events across multiple industries.

Harvey was the most senior business strategist and ultimately, CEO of Elavon Global Acquiring Solutions, Inc, a global payments processor and subsidiary of U.S Bancorp, where he led considerable transformation across the business and directed the company’s international expansion which culminated in being named a Top 5 Global Payments Processor by the Nielsen Report.

Harvey held the role of Chairman, Chief Executive Officer and President of Ceridian Corporation, a provider of human capital management and services. During his tenure at Ceridian, he spear-headed major transformation across the company, including the development of advanced SaaS-based service offerings that heightened operational and sales efficiency resulting in noteworthy improvements to the company’s financial performance and growth. Specifically, in 2012, he directed Ceridian’s acquisition and integration of Dayforce Corporation, a workforce management company, and led Ceridian subsidiary, Comdata, which managed fleet and corporate card payment services. He went on to successfully secure the operational split and sale of Comdata in 2014 for US $3.45 billion dollars.

Harvey holds a bachelors’ degree from St. John’s University, a Juris doctorate from the George Washington University School of Law and a Master of Business Administration from the Kellogg School of Management at Northwestern University. He also serves on the Board of Directors of Trustwave Holdings, Inc and the Board of Trustees of Saint John’s University.

 

About Paysafe:

Paysafe is a leading global provider of end-to-end payment solutions. It’s core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet and online cash solutions. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between bricks-and-mortar and online payments. With over 20 years of online payment experience, a combined transactional volume of US $56 billion in 2017 and over 2,600 staff located in 12 global locations. Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world. For more information, visit www.paysafe.com

For further information, please contact:

Paysafe Group
Kate Aldridge
Vice President, Corporate Communications
T:  +44(0) 203 934 9197 / +44(0)750 079 7547
Email: [email protected]

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Expanse Studios (GMGI) Secures ISO/IEC 27001:2022 Certification

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Expanse Studios, the iGaming division of Golden Matrix Group, Inc. (Nasdaq: GMGI), proudly announces its recent certification to the ISO/IEC 27001:2022 standard, which demonstrates globally leading data security standards.

This globally recognized certification reinforces the Group’s dedication to safeguarding confidential information, client trust, and strengthening its competitive position in the iGaming industry.

The ISO/IEC 27001:2022 standard establishes a rigorous framework for managing and protecting information security across all operations. By attaining this certification, Expanse Studios has implemented a comprehensive Information Security Management System (ISMS) that ensures the confidentiality, integrity, and availability of data. This certification goes beyond compliance and assures our clients and partners of our stringent security protocols, protecting against cyber threats and unauthorized access.

“Achieving the ISO/IEC 27001:2022 certification marks a significant milestone in Expanse Studios’ journey. This certification not only reinforces our security framework but also highlights our commitment to upholding the highest standards of trust and integrity for our clients and players worldwide.”, said Damjan Stamenkovic, CEO of Expanse Studios.

In an industry where information security is paramount, ISO/IEC 27001:2022 certification demonstrates Expanse Studios’ proactive stance on cyber risk management and adherence to international best practices. The certification process included comprehensive evaluations, audits, and stringent checks, all contributing to a secure environment that benefits our clients, players, and business partners.

ISO certification assures the clients that Expanse Studios operates with top-tier security mechanisms, solidifying the role of the GMGI entity as one of the most trusted and compliant partners in the iGaming sector.

 

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Almedia Hires 17 New Staff Fuelling Exponential Growth

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– Powering the next generation of rewarded user acquisition  – 

 Almedia, the data-driven platform engineering the future of mobile gaming user acquisition – today proudly announces a major hiring wave which includes over 17 people from leading global tech and gaming brands. The new hires are essential to Almedia’s ambitious strategy for achieving exponential growth across Europe and Northern America over the next 12 months.

The new team members will join an already established team, based in Berlin, with a current headcount of 80, supporting a global client base of mobile game developers and publishers. The expanded team joins established departments including product development, marketing, account management, fraud, and talent acquisition. The 17 new hires will drive Almedia’s core mission: elevating user acquisition to new heights and engineering the future of intelligent engagement.

Moritz Holländer, Chief Executive Officer and Founder at Almedia, commented: “Since 2020, we’ve been at the forefront of rewarded user acquisition, and our services and results are being embraced by the global mobile gaming industry, by companies such as Playtika, SuperPlay, Plarium, and Monopoly Go. Team Almedia is witnessing real-time exponential demand for its rewarded UA services, hence we have a robust scaleup roadmap in place to help us manage demand.”

He added: “What we’ve proudly achieved in four years is quite remarkable. With zero funding, a highly profitable organisation, we are humbled to be assembling a true dream team for the global mobile gaming industry. We are thrilled to welcome the latest waves of new hires to the team, which will help us to further establish our brand as the most credible, data-driven rewarded user acquisition company in the world.”

 

The new hires include

  • Andrey Shilin, Lead Product Manager
  • Holly Pickerell, Workplace and Culture Manager
  • Sabina Halilovic, Fraud Analyst
  • Alexander Rasch, Senior Finance Manager
  • Alisson Paschoal Hausmann, Senior Mobile Developer
  • Anthony Clement, SEO Manager
  • April Chen, Senior Customer Success Manager;
  • Benedikt Roth, Lead User Acquisition Google Ads Manager
  • Caroline Sobkow, Talent Acquisition Partner
  • Federica Stiscia, Senior Gaming Partnership Manager
  • Marc Hammes, SEO Manager
  • Mapa Vega, Senior Talent Acquisition Partner
  • Pablo Herranz, Senior Talent Acquisition Partne
  • Ravisankar Chinnam, Senior Frontend Developer
  • Kutay Akalin, Data Scientist
  • Aleksei Smagin, Junior Affiliate Specialist UA
  • Neil Laverty, Senior Customer Success Manager

Almedia currently has a range of positions open across operations, talent, product, marketing and more. To learn more about careers at Almedia, visit the jobs section on the website.

 

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Huge Jackpot at King Billy Casino: C$3,658,306!

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This amazing six-digit number was the result of a player going on a safari in her (and millions of other players) beloved Mega Moolah progressive slot from Games Global
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King Billy Casino, launched in 2017, has had some impressive players wins during the “reign of King Billy”. A few of them include Live Game winnings of €135,223, daily winnings from 2 or more slots of $164,000, and €250,000 won on a single spin. However, the latest win by a King Billy Casino player dwarfs every big win that has come before this. Actually, it’s bigger than all previous big wins combined for the operator!

Because, we are talking about C$3,658,306.

This amazing six-digit number was the result of a player going on a safari in her (and millions of other players) beloved Mega Moolah progressive slot from Games Global. In an autumn, the player stepped into eternal summer by wagering a small C$6,25 bet and winning 562.816 times her bet! This is the power of Mega Moolah, as evidenced at King Billy.

King Billy people had only warm words for the occasion. A representative of the casino has stated: “We are elated, for this huge big win. We can never forget that our first big win, many years back, was more than 200,000 Canadian dollars, so we have special ties with the region. And it’s now amazing to see our VIP-player making such a cashback and echoing that big win! Congratulations to our player”.

A few words about Mega Moolah. It was an Internet sensation when it was launched with its beautiful graphics and sounds, and immersive gameplay and it is a sensation today, still going strong after almost 20 years. The slot, which has spawned more than 20 variations, and has given millions in cash to players all over the world (including 5 millionaires in 2024 alone) features 4 types of jackpots that make it stand out from the competition.

About Games Global

Games Global is a supplier of the online gaming industry delivering force and direction to gaming with more than 1,300 top class games. The company has made a commitment to deliver the industry’s more disruptive ideas and compelling data-driven gaming experiences. Games Global features a total of 40+ partnered and in-house studios, services 600+ branded websites and boasts record-breaking jackpots with its worldwide network. 

About King Billy Casino

Established on St Patrick’s Day in 2017, King Billy is a renowned new generation casino with more than 26 awards and accolades. The casino is available in English, German, French and Finnish, and created a unique user experience, building on the theme of King Billy and his Kingdom. King Billy ensures that all its players, “Citizens” in the casino language, receive the care and attention they deserve.

 

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