Cashless society

Sports Betting Market size to grow by USD 143.73 billion from 2023-2027, Market growth at 10.09% CAGR expected during the forecast period, Technavio

Retrieved on: 
Monday, March 25, 2024

By geography, the global sports betting market is segmented into APAC, Europe, North America, South America, and Middle East and Africa.

Key Points: 
  • By geography, the global sports betting market is segmented into APAC, Europe, North America, South America, and Middle East and Africa.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global sports betting market.
  • Pure Win emerges as a significant player in the online sports betting market, capitalizing on the fastest growing market segment.
  • The Global Horse and Sports Betting Market size is estimated to grow by USD 171.87 million accelerating at a CAGR of 9.64% between 2023 and 2027.

Authvia Secures Second Patent, Reinforcing Pioneer Status in Pay-by-Text

Retrieved on: 
Thursday, November 30, 2023

Authvia, a leader in conversational commerce technology and the pioneer of tokenized Pay-by-Text, proudly announces the issuance of their second patent, U.S. Patent No.

Key Points: 
  • Authvia, a leader in conversational commerce technology and the pioneer of tokenized Pay-by-Text, proudly announces the issuance of their second patent, U.S. Patent No.
  • Authvia aims to empower all businesses to engage and transact with customers securely and seamlessly over text and other messaging channels.
  • Chris Brunner, CEO of Authvia, emphasizes, "In today's business landscape, customer interactions are moving increasingly to text and chat.
  • Authvia connects the business, consumer, and payment processors quickly and easily, expediting cash flow and streamlining the payment process.

GBank Financial Holdings Inc. Confirms Agreement to Merge with BankCard Services, LLC

Retrieved on: 
Thursday, December 14, 2023

LAS VEGAS, Dec. 14, 2023 /PRNewswire/ -- GBank Financial Holdings Inc. (the "Company") (OTCQX: GBFH), the parent company for GBank (the "Bank"), and BankCard Services, LLC ("BCS") today announced that they have executed a definitive merger agreement whereby the Bank will acquire BCS in an all-stock transaction.

Key Points: 
  • LAS VEGAS, Dec. 14, 2023 /PRNewswire/ -- GBank Financial Holdings Inc. (the "Company") (OTCQX: GBFH), the parent company for GBank (the "Bank"), and BankCard Services, LLC ("BCS") today announced that they have executed a definitive merger agreement whereby the Bank will acquire BCS in an all-stock transaction.
  • BCS patented Pooled Player (PPA™) and Pooled Consumer (PCA™) Programs shall expand cashless payment solutions to a growing network of gaming and payments partners and financial institutions.
  • This strategic decision shall afford GBank greater opportunity to harness BCS proprietary solutions including licensing our intellectual property to other Financial Institutions."
  • Janney Montgomery Scott LLC has issued a Fairness Opinion to the disinterested board subcommittee of the Company and Bank Board of Directors.

Nagad wins Visa Excellence award-2023

Retrieved on: 
Monday, October 2, 2023

Visa, a leading digital payment entity, recently recognised its partner Nagad in the category of "Excellence in CyberSource – Payouts" for its "Credit Card Bill Payment" and "Transfer Money to Visa Debit Card" products at the "Visa Leadership Conclave-2023".

Key Points: 
  • Visa, a leading digital payment entity, recently recognised its partner Nagad in the category of "Excellence in CyberSource – Payouts" for its "Credit Card Bill Payment" and "Transfer Money to Visa Debit Card" products at the "Visa Leadership Conclave-2023".
  • Founder and Managing Director of Nagad Ltd. Tanvir A Mishuk said, "It is an honour for us to have been recognised by our partner, VISA.
  • Mentionable, in 2022, Nagad, as the first MFS company in Bangladesh, was conferred with the "Excellence in Fintech Product Innovation 2022" award by Visa.
  • Such accolades include WITSA Global ICT Excellence Award 2020, Inclusive Fintech 50, and Mastercard Excellence Award 2022 in two categories for digital innovations in Bangladesh's financial industry.

Nagad wins Visa Excellence award-2023

Retrieved on: 
Monday, October 2, 2023

Visa, a leading digital payment entity, recently recognised its partner Nagad in the category of "Excellence in CyberSource – Payouts" for its "Credit Card Bill Payment" and "Transfer Money to Visa Debit Card" products at the "Visa Leadership Conclave-2023".

Key Points: 
  • Visa, a leading digital payment entity, recently recognised its partner Nagad in the category of "Excellence in CyberSource – Payouts" for its "Credit Card Bill Payment" and "Transfer Money to Visa Debit Card" products at the "Visa Leadership Conclave-2023".
  • Founder and Managing Director of Nagad Ltd. Tanvir A Mishuk said, "It is an honour for us to have been recognised by our partner, VISA.
  • Mentionable, in 2022, Nagad, as the first MFS company in Bangladesh, was conferred with the "Excellence in Fintech Product Innovation 2022" award by Visa.
  • Such accolades include WITSA Global ICT Excellence Award 2020, Inclusive Fintech 50, and Mastercard Excellence Award 2022 in two categories for digital innovations in Bangladesh's financial industry.

CasinoTrac to Launch Unified, End-to-End Cashless with Koin Payments, Marker Trax

Retrieved on: 
Wednesday, June 21, 2023

The technology blend becomes ‘Cashless in a Box™,’ providing a feature rich, regulated digital wallet for all casino/resort spend activities, providing the casino operator with the ability to extend their branded guest experience, outside the casino and off property.

Key Points: 
  • The technology blend becomes ‘Cashless in a Box™,’ providing a feature rich, regulated digital wallet for all casino/resort spend activities, providing the casino operator with the ability to extend their branded guest experience, outside the casino and off property.
  • Embedding Koin & Marker Trax financial services functionality with the reliable and proven CasinoTrac CMS, is the realization of my original vision.”
    In approved markets, Cashless in a Box not only packages the mobile, gaming, and financial technology but, also provides a launch plan with marketing, player education support making it easier for operators of all sizes to enjoy the benefits of cashless operations, with less headaches.
  • “Koin and Marker Trax have been at the forefront of bringing consumers the digital solutions they want in the gaming space, and we’re proud to work with partners like Table Trac who share that vision.”
    “Cashless is no longer the industry’s future; it’s the present,” Marker Trax President Charlie Skinner added.
  • “Companies like Table Trac are embracing this technology and all-in-one functionality for the ultimate benefit of their customers, and of the industry as a whole.”

Morgan Stanley at Work Launches Carver Edison’s Cashless Participation® on Shareworks to Help Stock Plan Participants Build Wealth

Retrieved on: 
Tuesday, June 13, 2023

Morgan Stanley at Work and Carver Edison , a financial technology company, announced today that Shareworks has joined Equity Edge Online® in offering Cashless Participation® to U.S.-based corporate clients.

Key Points: 
  • Morgan Stanley at Work and Carver Edison , a financial technology company, announced today that Shareworks has joined Equity Edge Online® in offering Cashless Participation® to U.S.-based corporate clients.
  • Since the initial launch of Cashless Participation® on Equity Edge Online®, stock plan participants have purchased more than one million shares1 with Cashless Participation®.
  • Now that Shareworks has also launched the tool, a wider cohort of Morgan Stanley at Work corporate clients will have access.
  • The launch of Cashless Participation® on Shareworks means that Morgan Stanley at Work stock plan participants can now participate in this offering regardless of which platform serves them.

Tillman Digital Cities Announces Connectivity Partnership with Penn Entertainment, Inc.

Retrieved on: 
Thursday, May 18, 2023

NEW YORK, May 18, 2023 (GLOBE NEWSWIRE) -- Tillman Digital Cities (TDC), a leading developer, owner, and operator of in-building connectivity infrastructure and solutions in the United States, today announced a partnership with Penn Entertainment, Inc. (Nasdaq: PENN) to improve in-building LTE and 5G cellular coverage and capacity within Penn Entertainment casinos, hotels, and gaming properties.

Key Points: 
  • NEW YORK, May 18, 2023 (GLOBE NEWSWIRE) -- Tillman Digital Cities (TDC), a leading developer, owner, and operator of in-building connectivity infrastructure and solutions in the United States, today announced a partnership with Penn Entertainment, Inc. (Nasdaq: PENN) to improve in-building LTE and 5G cellular coverage and capacity within Penn Entertainment casinos, hotels, and gaming properties.
  • The partnership extends nationally with Penn Entertainment.
  • “We’re excited to partner with Penn Entertainment and bring our top-of-the-line connectivity to all of their locations across the U.S.,” said TDC Chief Operating Officer Joel McIntyre.
  • "This was a key factor in our decision to work with Tillman Digital Cities.

Live Nation Entertainment and PayPal Sign Multi-Year Deal To Expand Simple and Secure Payments to Fans Buying Tickets Worldwide

Retrieved on: 
Monday, April 3, 2023

As a part of the partnership, fans will be able to pay with PayPal, PayPal Pay Later products, and Venmo* across Ticketmaster's platform.

Key Points: 
  • As a part of the partnership, fans will be able to pay with PayPal, PayPal Pay Later products, and Venmo* across Ticketmaster's platform.
  • Additionally, PayPal Braintree will become Ticketmaster's primary global payment processor, speeding up the checkout process and giving fans direct access to event add-ons like merchandise and parking for purchase.
  • Fans will also benefit from the option to use one-time login, where they can choose to save their information for future purchases.
  • Venmo: Offers Ticketmaster fans in the U.S. the option to split their payments upon purchase in the social app and through Venmo checkout.

IGT Grows Cashless Gaming Leadership via Resort Wallet and IGTPay Agreement with Graton Resort & Casino

Retrieved on: 
Monday, March 20, 2023

LONDON, March 20, 2023 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has signed a multi-year agreement with Graton Resort & Casino in Rohnert Park, Calif. to enable cashless gaming via the award-winning Resort Wallet™ and IGTPay™ solutions. As modules of the IGT ADVANTAGE™ casino management system, Resort Wallet and IGTPay comprise the gaming industry's only fully integrated turnkey cashless solution and will give Graton's guests more choice, convenience and security for funding their play at the property's 3,000+ slot machines.

Key Points: 
  • LONDON, March 20, 2023 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has signed a multi-year agreement with Graton Resort & Casino in Rohnert Park, Calif. to enable cashless gaming via the award-winning Resort Wallet™ and IGTPay™ solutions.
  • As modules of the IGT ADVANTAGE™ casino management system, Resort Wallet and IGTPay comprise the gaming industry's only fully integrated turnkey cashless solution and will give Graton's guests more choice, convenience and security for funding their play at the property's 3,000+ slot machines.
  • "As one of Northern California's premier gaming destinations, Graton Resort & Casino prides itself in offering our players leading-edge technologies that bolster the guest experience and introduce added choice and convenience," said Brian Green, Graton Resort & Casino Vice President/Assistant General Manager.
  • "We look forward to helping Graton Resort & Casino maximize player convenience and security, accelerate growth and differentiate the guest experience through IGT's Resort Wallet and IGTPay cashless gaming technologies."