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C4ISR Market worth $147.1 billion by 2026 – Exclusive Report by MarketsandMarkets™

August 2, 2021 Published by Roboticulized.com

According to a research report “C4ISR Market by Solution (Hardware, Application Software & Services), Platform (Airborne, Land, Naval, Space), Application, End User (Defence & Space, Homeland Security, Commercial), Installation, and Region – Forecast to 2026”, published by MarketsandMarkets, the C4ISR market is projected to grow from USD 119.9 billion in 2021 to USD 147.1 billion by 2026, at a CAGR of 4.2% from 2021 to 2026. The C4ISR market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. The deployment of small, reliable, and sophisticated C4ISR systems in a wide range of applications has increased their demand across the globe. Advancements in ISR technologies and improvements in their manufacturing techniques have led to reduced costs of these systems. Enhanced defense and surveillance capabilities of armed forces and law enforcement are the key factors driving C4ISR market.

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Growing investments by several governments particularly in developed and developing economies such as the US, India, and China, among others. COVID-19 has affected the C4ISR market growth to some extent, and this varies from country to country. Industry experts believe that the pandemic has not affected the demand for C4ISR in applications.

“Based on application, the Intelligence, Surveillance & Reconnaissance (ISR) segment of application is expected to lead the C4ISR market from 2021 to 2026.”

Over the past few years, there has been an explosion of activity in the advancement of ISR technology for mission critical data. In September 2020, Lockheed Martin develops signals intelligence capabilities for the Distributed Common Ground System, the Air Force’s intelligence, surveillance, and reconnaissance (ISR) system by using agile development.

“Based on platform, the land segment is estimated to lead the C4ISR market from 2021 to 2026.”

Based on platform, land segment is estimated to lead the C4ISR market from 2021 to 2026 and is projected to grow further due to the increasing need of multi-mission unmanned ground vehicles (UGV’s) for reconnaissance and target acquisition, and increasing need of remote surveillance and piloting, global automation and data management. In January 2019, Canada’s Government has awarded three contracts total worth USD 621.5 million to General Dynamics (GD) Mission Systems (Canada) to support of the Canadian Army’s Land command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) system.

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“The North America region is estimated to account for the largest share of C4ISR market in 2021.”

Based on region, North America is expected to lead the C4ISR market from 2021 to 2026. The US is the largest market share for C4ISR in North America. The increasing investment on C4ISR systems to enhance defense and surveillance capabilities of the armed forces, modernization existing military platforms, critical infrastructure and law enforcement agencies are increasingly using C4ISR systems are key factors expected to drive the C4ISR market in North America.

Contracts were the main strategy adopted by leading players to sustain their position in the C4ISR market, followed by new product developments with advanced technologies. Many companies also collaborated to set up special centers for the research & development of advanced C4ISR technologies.

The C4ISR market is dominated by a few globally established players such as Northrop Grumman (US), Lockheed Martin Corporation (US), BAE Systems (UK), Raytheon Technologies Corporation (US) and General Dynamics Corporation (US), among others.

Related Reports:

Electronic Warfare Market by Capability (Support, Attack, Protection), Platform (Airborne, Naval, Ground, Space), Product (EW Equipment, EW Operational Support), and Region – Global Forecast to 2025

Command and Control Systems Market by Application (Government & Defense, and Commercial), Solution (Hardware, Software, Services), Platform (Land, Airborne, Maritime, and Space), Installation Type, Installation Base, and Region–Global Forecast to 2025

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Broadridge Acquires Innovative Post-Trade Solutions Business

August 2, 2021 Published by TheFintechBuzz.com

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced that it has acquired Alpha Omega, a market-leading FIX-based post-trade solutions provider for the investment management industry. This acquisition builds on Broadridge’s recent acquisition of Itiviti. The acquisition, which encompasses the remaining 68% of Alpha Omega, will enable Broadridge to fully consolidate Alpha Omega’s post-trade matching and consolidation solution into its existing NYFIX connectivity and FIX infrastructure to better automate buy-side and sell-side firms’ trade matching processes and further accelerates Broadridge’s product roadmap.

“We are excited to formalize our four-year strategic partnership with Alpha Omega through this acquisition,” said Ray Tierney, President of Itiviti, a Broadridge business. “We are leading technology innovation in post-trade, and this acquisition is a testament to our continued growth and momentum in transforming this space. NYFIX Matching is the first ‘one-stop’ platform to handle all of a fund’s trade matching needs across various product types and asset classes.”

Alpha Omega brings invaluable expertise in advanced FIX-based technology for asset managers and broker/dealers in all areas covering automated allocation, confirmation and affirmation of trades for equities, fixed income securities, and derivatives.

NYFIX Matching, which combines Alpha Omega’s FIXAffirm solution with Itiviti’s NYFIX network, provides the market a single, consolidated platform to handle the entire affirmation process with the same speed and efficiencies of trading now applied to the post-trade piece of the workflow. Buy-side institutions can easily access NYFIX Matching through their existing NYFIX connections as a fully managed service. Through this service, the buy-side can allocate and match their trades, accomplishing same-day affirmation with a global community of more than 100 brokers. This extension of the NYFIX service into post-trade will deliver processing efficiencies with significant cost savings over current solutions.

Asia’s Leading Crypto Financial Services Platform Matrixport Valued at Over $1 Billion – Two Years After its Founding

August 2, 2021 Published by TheBlockchainExaminer.com

Matrixport, Asia’s fast growing digital assets financial services platform closed its Series C funding round with a valuation of over US$1 billion – just two years after its establishment. This round was led by partners of DST Global, C Ventures and K3 Ventures with other participants including Qiming Venture Partners, CE Innovation Capital, Tiger Global, Cachet Group, Palm Drive Capital, Foresight Ventures and A&T Capital, along with earlier investors Lightspeed, Polychain, Dragonfly Capital, CMT Digital and IDG Capital. The Singapore-based start-up has raised $129 million to date.

Matrixport offers a full suite of cryptocurrency financial services including institutional custody, trading, lending, structured products and asset management to institutional and retail^[1] clients. As of March 2021, the company held over $10 billion of client assets under management and custody, and recorded $5 billion in monthly transactions across all product lines.

“I always believe an open and permissionless blockchain ecosystem is the bedrock of a new financial network that will benefit a large part of the world’s population. As a result, there will be hundreds of trillions of value created, stored and transferred on this new financial network,” said Jihan Wu, Co-Founder & Chairman of Matrixport.

Since its inception in 2019, Matrixport’s mission is to be a one-stop financial services platform. Its exponential growth has been driven by robust technology capabilities and innovative product offerings, such as the world’s first crypto dual currency product. The company provides a comprehensive suite of offerings tailored across different risk appetites and yield expectations.

“We are more than a gateway to the crypto economy. Matrixport is where both institutional customers and individuals find it easy to get more from their crypto, beyond just trading. We are continually pushing out more new ways to invest crypto and earn yields in a safe and sustainable manner. We believe that it is very important to give the choice back to our customers with a range of innovative crypto investment products,” said John Ge, Co-Founder & Chief Executive Officer, Matrixport.

With this funding, Matrixport plans to further invest in research and development to enhance its innovative product offerings and security while optimising for an even greater user experience. The funds will also be used to support its global expansion as well as to secure licenses to operate in more jurisdictions. With the company’s vision to “Make Crypto Easy For Everyone”, the roll-out will allow more users globally to embrace its cryptocurrency financial services platform.

“As blockchain based digital assets gain wider adoption and acceptance, new pathways are needed to capture yield, source liquidity and manage crypto assets as an emerging asset class. With deep knowledge of traditional finance and a keen understanding of crypto assets, Matrixport is well positioned to answer the increasing demand for this new area of investment, driven primarily by the younger generations,” said Adrian Cheng, founder of C Ventures and CEO of New World Group.

“Matrixport has demonstrated tremendous thought leadership as a digital assets financial services platform by being first movers in delivering a well-curated suite of innovative crypto investment offerings. Matrixport empowers crypto natives, sophisticated institutional clients, and just as importantly the large community of first-time users who are embarking on their crypto investing journey aboard a robust and trusted platform,” said MX Kuok, Managing Partner of K3 Ventures.

“As an early investor, Dragonfly is excited to see Matrixport’s continuous growth and innovation in the emerging asset class. It is well-positioned to become one of the most critical onramps for crypto adoption,” said Feng Bo, Founding Managing Partner of Dragonfly Capital.

NextTech Invests $2.5 Million in AntEx VNDT Fintech Blockchain Ecosystem

August 2, 2021 Published by TheFintechBuzz.com

The investment will be used to upgrade new features and increase users for the Blockchain product ecosystem.

Shark Nguyen Hoa Binh’s NextTech Group officially announced an investment deal worth 2.5 million USD on AntEx Fintech Blockchain Ecosystem (in short: AntEx) in late July.

In which, VNDT wallet is the core product. This Wallet has more than 42,000 users, processing thousands of transactions from over 20 countries. VNDT has been developing the revolution of expanding opportunities for the new generation of stable coin – an open-source token from various blockchain networks like Ethereum, Tron, Binance Smart Chain (BSC) and Kardiachain. It takes advantage of digital transformations from large and small scalability of cryptocurrency to grow its ecosystem.

VNDT builds on the original vision as the transfer gateway in between Cryptocurrency and Fiat. It provides the liquidity for multi-chain swaps — but aims to improve support for long-tail crypto assets by offering a crypto-fiat conversion and its payment methods platform in real life. The platform promises to become one of the most exciting projects in the decentralized finance ecosystem and has recently developed in the Vietnam market.

“VNDT focuses on developing the advantages of a cryptocurrency ecosystem that provides the fastest and seamless user experience, allows users to trade cryptocurrencies and fiat currencies through a peer-to-peer network, supported by the VN Smart Chain network. This is how we hope to take crypto finance to a whole new level,” CEO AntEx said.

The handshake between NextTech and AntEx is considered to combine the strengths of both sides to develop a comprehensive blockchain product ecosystem.

“Currently, Vietnam still lacks a project that meets all the elements, to be able to connect cryptocurrencies and the real world. Therefore, the AntEx and VNDT stablecoin ecosystems are considered as a missing piece to complete the crypto-blockchain ecosystem in Vietnam particularly and the world generally. We hope that we can provide quality products to serve digital financial users globally in the next two years,” CEO AntEx said.

Accordingly, AntEx’s financial technology products are inherited and applied on NextTech’s multi-platform ecosystem and large number of users, including: Ngan Luong – payment intermediary gateway, Vimo – payment platform mobile wallet, Chodientu.vn and E-commerce, etc.

“I have great confidence in this project. The core-team is professional, reputable and highly specialized. Therefore, investing in the AntEx project is NextTech’s breakthrough in this period,” Chairman – Shark Nguyen Hoa Binh shared.

The partnership is one of the important things that AntEx wants to grow and spread rapidly. As part of an effort to ensure that AntEx Exchange and VNDT stable-coins stay connected in the Nexttech. AntEx and NextTech will facilitate people’s lives through our way of digitalization.

It’s a perfect fit with AntEx’s mission of technology evolution. AntEx has been able to adopt a more proactive approach to addressing the wide tech gaps left in user engagement and motivation. Collaborating some of AntEx’s most cutting-edge financial technologies with the back-end of NextTech, which make partnerships and ecosystems much easier to set up, as it becomes easier to expose internal services in a secure and controlled way to the outside world.

NextTech Group of Technopreneurs is a Group of Companies pioneering into the emerging Digitised Commerce industry across South East Asia. It is one of the pioneers and largest digital transformation groups in Vietnam, with more than 20 technology platforms from E-Commerce, Fintech and E-Logistics, etc.

NextTech Group was founded in 2001 under the initial name as PeaceSoft, it started an online business in 2004, expanded to SEA in 2014. It has more than 1,200+ staff in 8 world-wide offices.

Scarlet Hollow Wins the Fan Favorite Vote 19 at GDWC 2021!

August 2, 2021 Published by EuropeanGaming.eu

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Scarlet Hollow by Black Tabby Games from USA has won the Fan Favorite voting round 19 at the Game Development World Championship 2021 (GDWC). The game is available on Steam Early Access.

“Trapped in the dying Appalachian mining town of Scarlet Hollow for the funeral of your estranged aunt, you quickly find yourself at the center of a dark mystery that threatens your life. Scarlet Hollow is a horror-mystery game with sharp writing, dark humor, and hand-drawn art from award-winning graphic novelist Abby Howard.”

2nd place – Avalom: Ancestral Heroes by Avalom: Ancestral Heroes from Brazil. “Players embark on an epic adventure in a rich and alive world with their AI companions. In a world where mortals and gods coexist and live on the same plane of existence!”

3rd place – Memorize Extreme Nreal & AR by Stefan Krocker from Germany. “The classic memory game in an extreme variant. Experience tornadoes, thieves, jokers and much more. You can play alone against CPU players or with your friends at the same physical place or online with other players world wide or a mix of all.”

GDWC Team sends congratulations to the Winners and big thanks Nominees and voters. Each week a handful of games are featured on the GDWC website in a public vote and the winner moves onto the Finals.

Global Market for Synthetic Rubbers to Witness Significant CAGR in Coming Years: P&S Intelligence

August 2, 2021 Published by Roboticulized.com

The burgeoning requirement for replacement tires and various other automotive parts, increasing demand for long-lasting rubber, soaring implementation of government initiatives for meeting the escalating need for rubber, mushrooming investments being made by rubber producers and their increasing production capacities, and rising industrialization rate are driving the expansion of the global synthetic rubber market. Because of these factors, the market is predicted to progress rapidly during 2021–2030, according to P&S Intelligence.

During the COVID-19 pandemic, lockdowns were imposed by the governments of many countries to mitigate the spread of the infection. This caused massive disruptions in manufacturing and supply chain operations, thereby affecting the operations of many industries such as automotive, in which rubber is used extensively. Moreover, the lack of availability of raw materials, delay in trade and latex collection, and the imposition of restrictions on exports and imports caused the closing down of various industries. Because of these reasons, the demand for synthetic rubber fell sharply, which, in turn, affected the growth of the market.

Get the Sample Copy of this Report at @ https://www.psmarketresearch.com/market-analysis/synthetic-rubber-market/report-sample

The synthetic rubber market is classified into polybutadiene rubber (BR), styrene-butadiene rubber (SBR), styrene block copolymer (SBC), butyl rubber (IIR), acrylonitrile-butadiene rubber (NBR), and ethylene-propylene-diene rubber (EPDM), based on product type. Amongst these, the SBR category dominated the market in 2020, and it is predicted to exhibit huge expansion during the forecast period. This is credited to the abrasion resistance characteristic of SBR, which makes it highly suitable for use in building and construction activities and also in healthcare and footwear industries.

Depending on application, the synthetic rubber market is divided into footwear, non-tire automotive, tire, adhesives & sealants, industrial components, and paints & coatings. Amongst these, the tire category contributed the highest revenue to the market in 2020, and it is predicted to grow sharply throughout the forecast period as well. This is ascribed to the surging requirement for replacement tires, because of the soaring sales of two-wheelers and four-wheelers.

Browse detailed report with COVID-19 impact analysis on Synthetic Rubber Market Research Report: By Form Type (Solid, Liquid), Product Type (Styrene Butadiene Rubber, Butadiene Rubber, Styrenic Block Copolymer, Ethylene Propylene Diene Monomer Rubber, Butyl Rubber, Nitrile Rubber), Application (Tire, Non-Tire Automotive, Footwear, Industrial Components, Adhesives & Sealants, Paints & Coatings) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/synthetic-rubber-market

Globally, Asia-Pacific (APAC) dominated the synthetic rubber market, both in terms of value and volume, in 2020, due to the high requirement for synthetic rubber in the tire and construction industries in the region. Moreover, many global automakers are setting up their manufacturing plants in the APAC countries to bolster their presence and expand their operations in the region. Currently, the automotive industry in China is flourishing, with a strong focus on manufacturing environment-friendly vehicles, which is, in turn, fueling the demand for synthetic rubber in the region.

The players operating in the global synthetic rubber market are actively focusing on launching products in order to strengthen their position. For example, researchers working at the Fraunhofer Institute developed a new type of synthetic rubber in April 2019. This product is 30–50% less abrasive than natural rubber. Furthermore, the initial tests conducted on the tires manufactured from biomimetic synthetic rubber BISYKA showed that their abrasiveness was less than the ones produced from natural rubber.

Some of the major synthetic rubber market players are Bridgestone Corporation, Toyo Tire & Rubber Co. Ltd., LANXESS AG, JSR Corporation, The Dow Chemical Company, Kumho Petrochemical Co., Ltd., and Denka Company Ltd.

Browse Other Related Reports

Automotive Tire Market – Geographically, the automotive tire marketwill demonstrate the highest growth in Asia-Pacific in the coming years. This is credited to the soaring automobile manufacturing, the increasing gross domestic product (GDP), and the soaring disposable income of the people residing in the developing countries such as India and China.

U.S. Automotive Tire Market – The U.S. automotive tire market is set to increase its revenue size to $75.4 billion by 2024 from $57.9 billion in 2018, while demonstrating a 5.4% CAGR between 2019 and 2024.

Facevalue Launches Pan European Online Factoring Solution For SMEs

August 2, 2021 Published by TheFintechBuzz.com

Dutch FinTech Facevalue introduces a unique Accounts Receivable Finance solution for European SMEs that challenges traditional factoring. Facevalue offers complete flexibility to its clients to determine which receivables they want to sell and charge no fixed fees.

Most factoring solutions to SMEs require that the business sell all their outstanding accounts receivables to the Financier for a fixed period, usually two years that includes high fixed costs.

“The banking landscape has changed so much over the past decade that it has become a real challenge for most businesses to present their business case to lenders. There is often no one to receive their application, let alone understand the dynamics in their business and by the time the application is assessed, it is already dated. Facevalue has built a secure online platform that extracts invoice data, handle the mapping and conversion of data formats and lists all our clients’ outstanding accounts receivables in a ledger from where they can configure rules, or choose manually which receivables they would like to sell immediately and without recourse.” – Neels Bornman, Chief Executive of Facevalue.

Facevalue performs a pivotal role as a trusted market platform between businesses and investors. The company has developed the capability required to scale using advanced technology to address what is one of the biggest business finance opportunities in the world today. Accounts receivable finance is a vital tool for markets to recover. It is expected that the global transaction value will eclipse pre-pandemic levels and continue its meteoric rise and still it only accounts for an approximate 10% adoption.

Bornman: “The stop start economic recovery as markets open and governments try and manage the impact of further COVID-19 infections makes it incredibly hard for businesses to predict inventory and liquidity. We believe that businesses’ top priority will remain the protection of their available liquid resources. Adopting a flexible finance solution as part of a recovery and growth plan should be part of every business’s strategy during these uncertain times.”

According to the industry body FCI, accounts receivable finance has grown at an annual compounded growth rate of 7% over the last twenty years from €600 billion at the turn of the millennium to €2.7 trillion today. The market declined 7% worldwide during the pandemic, but the Netherlands still managed to grow by 1.4%. Europe accounts for 68% of worldwide accounts receivable finance dominated by France, Germany, UK, Italy and Spain that account for 70% of the European market. (Source: FCI Annual review 2021)

According to PWC’s recent working capital reports, there is more than €1.2 trillion excess working capital tied up in global balance sheets, which if addressed would lift overall return on invested capital to 8.8%. 14 out of 17 industry sectors analysed deteriorated in net working capital days over the last year. Industries that would benefit most from release of cash from revenue are Retail, Engineering & Construction, Healthcare, Technology and Automotive. (Source: PWC Working Capital report 2021)

Europe is also one of the hardest hit regions by the pandemic where revenue declined by 23%, inventory days increased by 15% and working capital performance deteriorated by 8 days. While companies improved their ability to generate cash from operations, profit margins are at a four year low and debt rose considerably as companies hoarded cash to weather the storm. (Source: PWC Restructuring and Recovery report 2020)

“Our research of European cross-sector mid-market corporates show that even before the pandemic, revenue was up year on year but even then companies struggled to convert revenue to cash. In addition capital expenditure as a percentage of revenue has continued to decline, which implies that companies are managing cash by not making capital investments. During the pandemic, revenue declined and is now only starting to recover. We predict that capital expense will remain a low priority while cash flow management becomes the number one priority,” commented Neels Bornman.

Many businesses are reluctant to utilise Accounts Receivable Finance solutions as part of their financial planning due to the comparatively high fixed costs it attracts. By removing the rigid nature and fixed costs, Facevalue delivers a solution that should form part of every business’s strategic planning regardless of its size. There is a direct correlation with the increase of an enterprise’s value and the effective management of its working capital.

Selling a receivable to Facevalue is as easy as emailing the invoice straight from an accounting system to a dedicated email address we create for each client. The platform uses a combination of optical character recognition (OCR) and artificial intelligence (AI) to convert a PDF invoice to a Peppol compliant structured electronic invoice. New clients can immediately sell their top priority receivables while Facevalue perform a detailed credit assessment whereafter a facility of up to €5 million can be approved for SMEs across the European Economic Area and the United Kingdom.

SOFTSWISS Expands to Greece

August 2, 2021 Published by EuropeanGaming.eu

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SOFTSWISS is excited to announce that the brand recently received the Greek gaming licence for Online Casino operation from the Hellenic Gaming Commission. This marks a new stepping stone for SOFTSWISS as it gains a foothold to operate in the regulated Greek market. It is the latest in a series of national licences awarded to SOFTSWISS.

In February 2021, the brand received the national licence in Nigeria The Greek gaming licence was received earlier last month with SOFTSWISS already finalising its very first project N1CASINO.GR on the Greek iGaming arena.

The licence allows for local operation in Greece for players with Greek passports and IDs as well as those holding local Greek bank accounts. This major milestone will now allow to further strengthen the SOFTSWISS market presence in Europe, as well as establish new partnerships and boost existing ones.

The very first project announced to launch very soon this year – N1CASINO Greece. The project forms a part of N1 Partners Group. The licensed online casino brand plans to integrate sports betting at later stages. The client’s team is in final stages before going live and is announced to be released in the next few months.

Ivan Montik, Founder of SOFTSWISS, notes: “It’s a tremendous landmark and an amazing achievement for us to receive the Greek gaming licence to be able to do business in a regulated national market and expand our reach! It’s even more exciting to be officially announcing our very first client for the Greek region to be N1CASINO Greece. We’ve recently made strategic moves to fast-developing markets like Nigeria and are now establishing ourselves more in the European continent. It is opening new horizons for us and we’re ready to go for it. SOFTSWISS is not only planning on doing business in Greece but also making a positive impact through charity and corporate social sustainability efforts in the country.”

About SOFTSWISS

SOFTSWISS is an international tech brand supplying widely acclaimed, certified software solutions for managing iGaming operations. SOFTSWISS holds a number of gaming licenses, providing a “one-stop-shop” white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, an affiliate platform, and a recently launched sportsbook platform. In 2013 SOFTSWISS was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.

Continent 8 Technologies and Beeinfotech PH partner to deliver Cyber Security Services

August 1, 2021 Published by EuropeanGaming.eu

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Global managed network and security service provider, Continent 8 Technologies, and the Philippines’ largest telco neutral data centre operator, Beeinfotech PH, have entered into a strategic partnership agreement to offer Continent 8’s suite of leading cyber security solutions to businesses in the Philippines and across Asia to better protect them from the growing risks of cyber threats.

The partnership comes at a time when cyber attacks against businesses of all sizes and industries, and the costs associated with them are at an all-time high, with the average cost of a data breach at $3.86 million and global damage from cyber crime expected to hit $6 trillion this year.

Through this agreement, Beeinfotech PH will leverage Continent 8’s unique multi-layered threat prevention, detection and response solutions providing protection from the edge through endpoint and the cloud: DDoS perimeter protection against volumetric and persistent attacks; Cloud WAF defends applications against a wide range of OWASP threats; Endpoint Detection & Response (EDR) military-grade endpoint protection against ransomware, malware and phishing threats; Managed Detection & Response (MDR) security monitoring and incident response across corporate, cloud, and data center assets through Continent 8’s 24x7x365 Security Operations Center (SOC) and Security Incident and Event Management (SIEM) platform, the foundation of its cyber defence strategy.

Peter Williams, Managing Director for Asia Pacific at Continent 8 Technologies, said: “Our decades of experience in protecting the world’s most attacked industry verticals, has given us vast knowledge and experience on how to best tackle the complex world of cyber security.

“By combining Continent 8’s market-leading security solutions with Beeinfotech’s local knowledge and support, we are able to protect Asian businesses of all sizes across all sectors.”

Reynaldo Huergas, President and CEO of Beeinfotech PH, said: “Cyber security is a technology and support game. Through this agreement, Beeinfotech PH takes charge of the infrastructure, local manpower and coordination while Continent 8 brings in global managed security solutions and best practices.

“This is a powerful combination that will allow businesses in the Philippines and across Asia to be confident they are fully prepared to mitigate the risk of falling victim to a security attack.”

Michael Tobin, CEO and Founder of Continent 8 Technologies, added: “At Continent 8 we employ a defensive, in-depth and comprehensive approach to all aspects of cyber security protection. It is a privilege to partner with Beeinfotech PH and their team, with whom Continent 8 have had a long standing relationship. We look forward to jointly bringing a truly unique and sophisticated suite of cyber security services to the Philippines and wider Asian market.”

Luckbox announces partnership with CashtoCode

July 31, 2021 Published by EuropeanGaming.eu

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Real Luck Group Ltd. (TSX.V: LUCK) (OTCQB: LUKEF) (the “Company”) and its subsidiary companies doing business as “Luckbox” (the “Group”), an award-winning provider of licensed, real money esports betting, is pleased to announce a partnership with Funanga to leverage its CashtoCode payment solutions.

The partnership will allow players to make instant and secure cash deposits at Luckbox via more than 150,000 retail locations across Europe and international markets. Customers can do so without providing bank or credit card details, and the closed loop system means that codes cannot be shared or transferred by users, thereby mitigating fraud. Luckbox players will also have the option to deposit using the CashtoCode eVoucher solution, a reliable and safe online payment alternative to cards and eWallets.

Luckbox Head of Payments Boris Kostadinov said: “We are thrilled to partner with Funanga to be able to offer our players further secure and streamlined payment options. Our proprietary product sets us apart from the competition and allows us to cater for a new generation of bettors in a way that traditional sportsbooks don’t. Our focus for the first half of 2021 has been an intense and necessary phase of improving our platform and offering frictionless payment methods is an important part of the customer journey to make player acquisition and player retention as efficient as possible.”

“There will always be customers who prefer to pay in cash, for privacy, self-control and security reasons. It’s why all leading iGaming operators are exploring cash deposit options to add to their payment ecosystems,” said Funanga CEO and co-founder, Jens Bader. “We’re thrilled to be working with Luckbox, a brand known for its commitment to the user experience and the implementation of new technology. It feels like vindication for our product’s usability and innovative approach to cash.”

Tag: Latest News

C4ISR Market worth $147.1 billion by 2026 – Exclusive Report by MarketsandMarkets™

Broadridge Acquires Innovative Post-Trade Solutions Business

Asia’s Leading Crypto Financial Services Platform Matrixport Valued at Over $1 Billion – Two Years After its Founding

NextTech Invests $2.5 Million in AntEx VNDT Fintech Blockchain Ecosystem

Scarlet Hollow Wins the Fan Favorite Vote 19 at GDWC 2021!

Global Market for Synthetic Rubbers to Witness Significant CAGR in Coming Years: P&S Intelligence

Facevalue Launches Pan European Online Factoring Solution For SMEs

SOFTSWISS Expands to Greece

Continent 8 Technologies and Beeinfotech PH partner to deliver Cyber Security Services

Luckbox announces partnership with CashtoCode

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