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‘Bank-in-a-box’ lets companies create branded digital wallets and take control of the payments experience

George Miller

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GGPoker's Felipe "Mojave" Ramos joins MuchBetter as brand ambassador
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Award-winning payments product white-labelled to help clients get to market faster and cheaper

 

Challenger payments company, MuchBetter, today announced the release of its ‘Bank-in-a-box’ fully managed solution. Bank-in-a-box enables organisations to launch branded production wallets quickly and easily, letting them take control of their users’ payments experience and get to market faster with a sophisticated, compliant and low-cost financial product.

The white-labelled payments service is designed to be ultra-secure while offering a frictionless experience for the end-user – letting them make online and offline payments with just their phone and fingerprint. This makes it an ideal solution for businesses that need to create payment functionality without the cost, expertise and other resources required to manage this in-house. It is aimed at verticals such as gaming, travel and retail, all of which are trying to cut time to market, keep costs low, and differentiate their services in a crowded market. MuchBetter helps these businesses achieve this differentiation via a seamless payment experience in-app, online and in-store (via MuchBetter-powered cards and payments wearables).

MuchBetter’s white label solution is iOS and Android compatible, is fully cloud hosted, highly scalable and offers a number of deposit and withdrawal methods including cryptocurrency. MuchBetter’s patent pending dynamic CVV technology also enables Bank-in-a-box clients to create unique theft/loss proof debit or credit cards. All MuchBetter cards have dynamic CVV codes which are generated within the app, not shown on the physical card, meaning cards cannot be used by anyone other than the account owner if they are lost, cloned or stolen.

“The launch of the MuchBetter wallet has been a tremendous success and it has attracted a lot of envious glances,” said MuchBetter co-founder, Prasannaa Muralidharan. “Over the last year, we have been approached by a number of companies including gaming firms and fintech startups who wanted to white label our solution and build various offerings on top of it. Bank-in-a-box offers precisely what the name suggests. It comes with out of the box back-end and front-end solutions, which can be branded to meet the needs of our clients and with full API support to develop completely custom applications using our infrastructure. We have re-architected our entire system to create a platform which can be used to launch several branded solutions with different issuers and processors to launch various bank and prepaid programmes.”

The Bank-in-a-box solution partners with a number of well-known and respected service providers including Wirecard, GPS and Digiseq. The solution also comes with a back-office and fraud management system.

 

About MuchBetter:

MuchBetter, operated by MIR Limited UK Ltd, an FCA-licensed and regulated e-money issuer, is the new payments application for iGaming. Available on Android and iOS, MuchBetter make effortless online, offline and contactless payments throughout EMEA. Funds can be transferred and received in real-time and MuchBetter’s unique commercial model increases operator revenues while its anti-fraud features and use of best in class technology reduces risk.

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Stakelogic Enters into Partnership with Iforium

Niji Narayan

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Stakelogic Enters into Partnership with Iforium
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Online slot developer Stakelogic has entered into a deal that will see its entire portfolio of games made available via Iforium’s Gameflex platform.

The partnership provides Stakelogic with rapid distribution into additional regulated markets such as the UK, Spain and Romania, allowing the developer to showcase its incredible portfolio of classic slots and video slots to more operators.

For Iforium, the partnership allows it to add quality, proven content to its game portfolio including hugely popular Stakelogic titles such as Flappers, The Expendables Megaways and just-launched games Runner Runner Megaways and Book of Cleopatra Super Stake.

“We are thrilled to have integrated our full suite of games with Iforium and to be able to leverage its incredible network of operator partners in core regulated markets around the world. Our games are proving to be incredibly popular with players in Europe and other international jurisdictions and as we continue to design and develop even more classic and video slots, we look forward to taking advantage of the increased exposure Iforium provides,” Stephan van den Oetelaar, CEO of Stakelogic, said.

“One of the reasons why so many tier one operators work with Iforium is our unrivalled portfolio of top-quality online slots and casino content. In that regard, Stakelogic is a great addition, bringing with it a suite of chart-topping games. We believe operators in regulated markets around the world will leap at the chance to add Stakelogic titles to their lobbies, allowing them to deliver the best possible experience to their players and to stand out from their rivals,” Phil Parry, CEO of Iforium, said.

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BetConstruct Launches its Latest Live Casino Game “Switch BlackJack”

Niji Narayan

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BetConstruct Launches its Latest Live Casino Game “Switch BlackJack”
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BetConstruct has launched its latest live casino game Switch BlackJack. Since the beginning of the summer, this is the fourth major gaming release for BetConstruct’s Live Casino.

Switch BlackJack tables feature three playing sits per game and two boxes to bet on simultaneously with an option to switch combinations. High-odds side bets for more experienced players are an essential element to the game and additional revenue source.

Between three players per table and two betting boxes per individual, there is a higher level of retention for operators with Switch BlackJack. Regardless of the player experience, this new game with an alternative take on the main concept of BlackJack has a full potential of being more than a one-time thrill.

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Industry News

Greek Super League Announces Interwetten as its Gold Sponsor

Niji Narayan

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Greek Super League Announces Interwetten as its Gold Sponsor
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The Greek Super League has announced Malta-headquartered sports betting operator Interwetten as its gold sponsor for the next three years, starting with the 2020-2021 season.

The sponsorship represents an evolution of the partnership formed last year, where Interwetten joined the league as its official sports betting partner for the 2019-2020 season.

“We are very pleased that the Super League’s cooperation with Interwetten is now entering a new era, as it is officially the Gold Sponsor of the Super League,” Leonidas Boutsikaris, president of the Super League, said.

He described Interwetten’s “vote of confidence” in the Super League as a key driver of progress and development of football locally, and indicating that a broader strategy to attract more investment and sponsorship was succeeding.

Dominik Beier, representative for Interwetten’s board of directors, described Greece as a very important market for the operator.

“So we want to continue to invest in sports here and expand our position. The naming rights for the Super League championship is the most important sports deal that exists in Greece. The Super League opens up a wealth of opportunities for us, both for communication and action, across the country and throughout the year,” he said.

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