Tag: Latest News

tvbet-inks-a-deal-with-cor-net-and-its-sportplus-win-client

TVBET inks a deal with Cor Net and its SportPlus Win client

June 17, 2021 Published by
Reading Time: 2 minutes

 

TVBET, the well-known provider of live games, is expanding its presence in the Balkans through the cooperation with Cor Net supplier and its client — SportPlus Win. The cooperation will be beneficial for all parties, as SportPlus Win will add a novelty to its portfolio and thereby attract new clients. In turn, TVBET will strengthen its position on the Balkan Peninsula.

TVBET continues to enter into partnerships with major representatives of the igaming industry, thus enlarging its footprint in the market. This time, the new partners of TVBET have become Cor Net supplier and SportPlus Win operator, offering their services on the Balkan Peninsula.

Cor Net is a large Balkan supplier of igaming solutions. Founded in 2014, the company is aimed at creating ready-made software and solutions for bookmakers. Cor Net provides its clients with a complete set of sports betting services and virtual games services that are undoubtedly highly positively identified for their powerful functionality and effective design. The services kit of Cor Net includes sports betting, live betting, virtual games, lottery games, races, etc.

SportPlus Win is Cor Net’s client founded in 2015. For about six years, the operator has been offering betting on various sports like football, handball, basketball, volleyball, tennis, etc. And from now on, SportPlus Win’s portfolio will be diversified with TVBET live betting solutions. Currently, 4 live TVBET games are available for SportPlus Win’s clients. These are:

  • 1Bet
  • Lucky6
  • 5Bet
  • 7Bet

Ivica Lučić, the CEO of Cor Net, commented: “Cor Net offers B2B betting solutions for its partners and we strive to be a one-stop shop for their needs. We are proud to grow with our partners, such as SportPlus Win, and we are pleased to expand our partnership at TVBET. With these new partnerships we are able to offer sportsbooks, virtual games, and as third-party solutions i-casino and live casino games.”

TVBET is a generally recognized and award-winning B2B provider offering top-notch live betting solutions. Its portfolio includes 12 well-known card games and lotteries, which have been adapted for the online streaming format. TVBET games are broadcasted all around the globe from a single studio located in Warsaw, Poland. All the events go live with minimum breaks between them of less than 2 minutes. The API- integration makes it possible to adjust our interactive frame to any platform. More than 200 igaming partners have discovered this already.

 

lilium-holds-analyst-day,-announcing-former-airbus-ceo-dr.-thomas-enders-will-serve-as-chairman-of-the-board-following-business-combination-with-qell

Lilium holds Analyst Day, announcing former Airbus CEO Dr. Thomas Enders will serve as Chairman of the Board following business combination with Qell

June 16, 2021 Published by

Lilium GmbH (“Lilium”), positioned to be a global leader in sustainable regional air mobility, announced that Advisory Board member Dr. Thomas Enders will assume the role of Chairman of the Board of Directors of Lilium N.V. upon completion of Lilium’s business combination with Qell Acquisition Corp (“Qell”) (NASDAQ: QELL).

The announcement was made as part of Lilium’s inaugural Analyst Day, held virtually on Tuesday, 15 June 2021.

Lilium’s executive team, including team members who worked on developing some of the most successful aircraft in aviation history, shared more information on Lilium’s technology, certification plans, manufacturing approach, business model, commercial relationships with established industry suppliers and infrastructure developers, as well as a first look into the cabin experience of the 7-Seater Lilium Jet.

In a video message, Dr. Enders discussed the importance of these commercial relationships to the future success of Lilium. The video then highlights four key Lilium relationships —  Honeywell Aerospace, Palantir, Lufthansa Aviation Training, and Ferrovial – and the anticipated contribution to development and commercialization of the 7-seater Lilium Jet from each of:

  • Honeywell Aerospace will work with Lilium to reduce certification schedule risk and cost by providing avionics and fly-by-wire flight controls for the Lilium 7-Seater Jet;
  • Palantir, which along with Honeywell have committed to invest in Lilium through the previously announced PIPE offering in connection with Lilium’s business combination with Qell, will provide enterprise-grade intelligence and a data-first approach to support the manufacturing and delivery of the 7-Seater Lilium Jet;
  • Lufthansa Aviation Training is developing bespoke pilot sourcing and training programs to qualify pilots to fly the Lilium Jet;
  • Ferrovial is working with Lilium to plan and develop a network of at least ten vertiports in major cities across Florida, Lilium’s planned launch market in the U.S.

During the analyst day event, Lilium showed a brand-new video previewing the look, feel, and comfort of the planned 7-Seater Lilium Jet cabin model. With space for six passengers and one pilot, spacious window seats, clear views, a central aisle and a separate hold for luggage, the cabin is designed for comfort without compromising performance.

Dr. Enders, who served as the CEO of Airbus during a career in aerospace spanning 30 years, joined Lilium’s Advisory Board in January 2021, and in a statement highlighted the advantages of Lilium’s business model and technology as the solution to solving the issue of low load factors in the eVTOL space.

Daniel Wiegand, Co-Founder and CEO of Lilium, said, “Tom Enders is an aviation industry giant, and we are all delighted to see him reaffirm his commitment to Lilium by accepting the future role of Chairman of the Board when Lilium becomes a Nasdaq-listed company. We will continue to leverage Tom’s incredible network across aerospace, both in the delivery of aircraft and in commercial development, and together with Barry Engle and the directors who will serve on the Board of Directors of Lilium N.V., Tom will provide important counsel and stewardship as we prepare for a planned commercial launch in 2024.”

Barry Engle, Founder and CEO of Qell, said, “Tom Enders needs no introduction, having led one of the world’s most successful aerospace companies as part of a successful career. He will bring enormous industry insights, experience, and foresight in corporate governance to Lilium, and we are look forward to having Tom serve as Chairman of the Board as Lilium develops and seeks certification for the 7-Seater Jet.”

Dr. Thomas Enders said: “I would be honored to lead the first Board of Lilium once the business combination is completed and am grateful for the confidence my colleagues put in me. Now, I’m focused on expanding this world-class board of directors to support CEO Daniel Wiegand and his great management team, and set the course for success.”

betway-clocks-65-million-views-on-esports-content

Betway Clocks 65 Million Views on Esports Content

June 16, 2021 Published by
Reading Time: < 1 minute

 

Leading online bookmaker Betway and their esports team have reached a staggering 65 million views on the brand’s esports YouTube channel.

Clocking an impressive 215k subscribers and standing above the competition, the channel’s content ranges from CS:GO gamplay such as tutroials and in-game challenges to personality content including Him or Me and Voice Enable 0. The most viewed video pulling in 1,524,049 views, is from Betway’s CS:GO Pros Answer series titled “How Many Hours Do You Have In CS:GO?”.

With a host of well-known faces and personalities, the watch time of the YouTube channel has risen to over 3 million hours. Betway’s content delivers insight and understanding not offered or seen by other betting brands.

Adam Savinson, on behalf of Esports at Betway: “We are proud to reach this huge milestone but this is only the beginning. The brilliant work that the content team at Betway is doing is pushing us towards even bigger landmarks and we can’t wait to hit bigger milestones!”

broadridge-further-strengthens-its-capital-markets-team-with-the-addition-of-ray-tierney

Broadridge Further Strengthens its Capital Markets Team with the Addition of Ray Tierney

June 16, 2021 Published by

 

Continuing to invest in its Capital Markets business, Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced that it has further strengthened its leadership team with the appointment of Fintech and financial services veteran Ray Tierney as President of Itiviti. With extensive experience on both the sell-side and buy-side, Tierney will be responsible for the management and growth of Broadridge’s front-office OEMS and Connectivity solutions with its recently completed acquisition of Itiviti.

“Ray is a proven industry leader and the perfect person to build out, scale and drive sustainable global growth as he oversees the extension of our capabilities into the front office and the deepening of our multi-asset class solutions,” said Tim Gokey, Broadridge’s Chief Executive Officer. “Ray’s addition to our leadership team represents another important step in our continued journey to grow our capital markets franchise and capitalize on the significant opportunity to serve our clients’ full trade life cycle from order to settlement.”

Tierney brings 35 years of capital markets experience to Broadridge. Having most recently served as Global CEO of Trading Solutions at Bloomberg LP, he led the design, development, and operations of the firm’s global multi-asset, buy- and sell-side order management system. Tierney previously served as CEO and President of Bloomberg Tradebook LLC, and spent 18 years at Morgan Stanley, overseeing distribution teams in the securities division and as Global Head of Trading and Execution in the investment management division.

Rob Mackay, CEO of Itiviti since 2019, will assume a role as Senior Advisor.

“I am proud of the milestones Itiviti achieved over the last few years, capped off by the Broadridge acquisition,” Mackay said. “Ray is the ideal leader to continue to grow and scale the business, leveraging his wealth of capital markets experience to take the team and business to the next level.”

play-north-joins-top-operators-utilising-neccton’s-mentor

Play North joins top operators utilising Neccton’s mentor

June 16, 2021 Published by
Reading Time: 2 minutes

 

Malta-based company opts for market-leading player protection software for key iGaming brands

Play North has joined Neccton’s roster of top iGaming companies using the company’s celebrated mentor player protection software.

Players of one of Finland’s top iGaming brands, Pikakasino, will now be guarded by mentor’s AI-based solution that analyses player behaviour in real-time to prevent problem gambling habits evolving.

mentor recognises possible problematic gambling behaviour and works to help both player and operator to identify and address the issue.

mentor is a ground-breaking player tracking tool which identifies possible problematic gambling behaviour, alerts the operator and contacts players who display critical behaviour directly. For example, players are informed when their deposit frequency is increasing significantly, and helps customers make better informed decisions about their play with individualised feedback.

Dr. Michael Auer, Director and Head of Development at Neccton, explains: “One of the key tools in the system is using messaging to directly communicate with the player and create a sort of cognitive dissonance, so they can evaluate their own play and make better decisions. Customers who are looked after this way are proven to be customers for longer, with much greater overall value to the operator, without falling prey to the dangerous behaviours of gambling addiction.”

Patrick Azzopardi, Director at Play North added: “We know and we all feel that we have a big responsibility towards our customers, the people who trust us and play at our brands. We constantly aim to provide our customers with one of the simplest, quickest and most innovative online casino experiences possible. We aim to provide all of this while also remaining one of the most responsible gaming operators. We encourage our customers to play and enjoy our sites – as long as they are in control. To further ensure this, we have now partnered with Neccton, who we view as market leaders in assisting us and our customers to identify possible problematic gaming behaviour. A fantastic addition to the many tools we already have in place to ensure that our customers can control their entertainment whenever needed.”

temenos-to-accelerate-the-modernization-of-top-global-bank-societe-generale’s-transaction-banking-platform-in-europe-and-asia

Temenos to Accelerate the Modernization of Top Global Bank Societe Generale’s Transaction Banking Platform in Europe and Asia

June 16, 2021 Published by

 

Temenos (SIX: TEMN), the banking software company, today announced that Societe Generale, one of the largest banks in Europe by total assets, has selected Temenos to modernize the account management and payment systems for its Global Transaction Banking activities in Europe and Asia.

Global Transaction Banking is big business. According to McKinsey, the sector generates $1 trillion in revenues each year and represents 40% of all global banking revenues.

Societe Generale is a global leader in the sector, providing a comprehensive and integrated range of services to address the operational and day-to-day transaction needs of its corporate and institutional clients.

In the face of a technology revolution reshaping customer expectations and the competitive landscape, Temenos agile technology platform will enable Societe Generale to deliver sophisticated corporate banking products and services with digital-first experiences to stay ahead of the curve.

Societe Generale will replace existing legacy systems with Temenos’ cloud-native banking platform in 13 countries across Europe and Asia as part of a strategic transformation plan to offer new and differentiating global transaction banking services and drive growth.

Leveraging Temenos Transact’s rich corporate banking functionality, Societe Generale aims to bolster its products and services offering with additional ones, seeking to both better meet the needs of its clients and support a segment identified as a key growth area in the future.

Temenos Payments will provide the payments engine for financial transactions across all Asian countries. With this next-generation platform, the bank’s international entities will be ISO20022-ready domestically and internationally. And the bank will benefit from the agility and flexibility to process payments from any channel, external or internal, with different message or file formats, all in real-time.

Temenos cloud-native technology will enable Societe Generale to adopt a hybrid implementation with Temenos software in its datacenters or in the cloud – all running from the same source code. Operating on a unified platform for account management and payments across geographies is expected to significantly increase operational efficiency and agility while reducing cost and risk.

Philippe Morère, Global CIO and deputy COO, Societe Generale Global Business & Investor Solutions, said: “Temenos is a proven solution that offers the functionality and agility to deliver a better banking experience to our customers with the scalability and performance to support future growth.

“A big advantage of Temenos is the ability to operate a unified platform on-premise or on the cloud, providing services that can be easily integrated with our digital B2B Platform SG Markets. As for Asia, Temenos’ unified platform for core banking and payments across geographies will help us to optimize processing efficiencies and enhance service innovations for our transaction banking clients.”

Max Chuard, CEO, Temenos, added: “We are proud to partner with such a prestigious Tier 1 bank to accelerate their digital transformation.  With Temenos’ cloud-native, API-first technology, the bank can innovate with speed, ease, and efficiency to meet the evolving needs of its global transaction banking clients. This strategic modernization will future-proof the bank’s technology infrastructure, allowing it to transition to the cloud at its own pace. To be selected by Societe Generale for this important project demonstrates our technology leadership and our shared vision to make banking better.”

Temenos’ architecture is open-API based. It allows data to flow across the functional business lines of a corporate bank from payments to cash management, enabling efficiencies and lower total cost of ownership from the consolidation of systems and new business models. Forrester has recognized Temenos’ investment and innovation, and the platform was named a leader in The Forrester Wave™: Digital Banking Processing Platforms (Corporate Banking), Q3 2020. Temenos Payments is also recognized as a Leader in the IDC MarketScape for Worldwide Integrated Payment Platforms and ranked #1 best-selling payments system in the IBS Intelligence Sales League Table for the past three years.

frost-&-sullivan-analysts’-coverage-of-blender

Frost & Sullivan analysts’ coverage of Blender

June 16, 2021 Published by

 

Equity research is published in Frost & Sullivan’s Independent Equity Research Program framework. Investors trust this type of equity research as it is unbiased, and analysts have no financial interest in the stock. Our publically available full reports linked below give invaluable insight into the valuation of the companies we cover and their markets. You can explore all of the companies we cover HERE and contact for more details or tell us about companies you want us to cover at [email protected].

BLENDER FINANCIAL TECHNOLOGIES LTD. (TASE: BLND)

Blender is a global FinTech company that provides innovative credit and financing solutions to tens of thousands of customers according to their preferences and needs. The company has developed products and services for providing digital credit using advanced technology to prevent fraud, underwriting, and minimize risks, which significantly improves the operational efficiency of credit systems.

The company focuses on the fast-growing fields of Buy Now Pay Later (BNPL) and Auto Loans. Using its propriety technology, Blender enables a fast and simple shopping experience for both e-Commerce and point of sale transactions. The company acts to expand its digital banking services further and is poised to realize its growth potential in the upcoming years.

Strategy — Blender is seeking to solidify its position as a global digital banking company, among other things by expanding its existing operations in Europe to countries such as Poland, the Czech Republic and other countries in the coming years. Blender is also working to enlarging its financial services portfolio by raising deposits from the public, which will significantly reduce the group’s capital costs starting from 2022.

We view Blender as a great opportunity for investors seeking to invest in an innovative FinTech company, specifically one that provides services to the under-served and fast-growing non-bank credit market. Furthermore, the company’s plan to expand into digital banking services also strengthens its potential growth value in the coming years.

We value Blender’s equity at NIS 374.5 M, with a price target in the range of NIS 49.1 to NIS 55.0, and a mean of NIS 52.1.

Full Report HERE

SOURCE Frost & Sullivan

mainnet-of-kucoin-community-chain-(kcc)-launched-to-promote-kcc-ecological-plan

Mainnet of KuCoin Community Chain (KCC) Launched to Promote KCC Ecological Plan

June 16, 2021 Published by

 

KuCoin, a global leading crypto exchange, announced that the mainnet of KuCoin Community Chain (KCC) (official website: https://www.kcc.io) is officially launched today. Built by the fans of KCS and KuCoin, KCC is an Ethereum-based decentralized public chain with high performance. KCC features high throughput, low latency, low transaction cost, and satisfactory security and stability, aiming to provide community users with faster, more convenient, and lower-cost experiences.

The public chain is the most important infrastructure in the cryptocurrency industry, but with the emergence of a growing number of decentralized applications such as DeFi and NFT, the existing public chain technology can hardly support such large-scale and complex commercial-level applications. Currently, problems such as low performance and the high cost of the public chain adoption have impacted the user experience, becoming one of the problems that hinder the large-scale application of blockchain technology.

KCC introduced the Proof of Staked Authority (PoSA) consensus mechanism and reduced the block confirmation period to 3 seconds to improve the processing power and performance on the chain. At the same time, KuCoin Token (KCS) is used as the only fuel for KCC to reduce transaction costs. Thus, KCC has successfully achieved faster transaction confirmation speed, higher transaction performance, and lower transaction fee.

In addition, KCC is compatible with Ethereum and ERC20 smart contracts, which offers extremely low migration costs for projects. It will improve the user experience by lowering the threshold for the landing and development of decentralized apps, while at the same time providing community users with a more convenient, faster, and lower-cost blockchain experience. As one of the KCC community members and angel investors, KuCoin provides financial and technical support for the early development of KCC.

“We believe that blockchain technology will accelerate the flow of value around the globe. We take it as our mission and will make great efforts to achieve it for the future,” said Johnny Lyu, CEO at KuCoin Global, “KCC also represents a key step towards decentralization beyond the integration of open-source blockchain communities. We welcome the community members and enthusiasts of the blockchain world to hold hands and promote the development of KCC and blockchain technology.”

With the mainnet launch, KCC will initiate the “C Plan”, namely the KCC Ecological Plan, which includes a bunch of innovative projects such as the Grants Program, node voting,etc. The plan will support a wide range of projects, including on-chain ecological applications such as wallet, block browser, decentralized exchanges, as well as projects built on traditional finance and supply chains. In addition, the plan will also support and encourage the deployment and development of various tools and Dapps based on the KCC public chain, while operating in a decentralized manner, thereby enriching the KCC ecosystem.

KuCoin will migrate KCS to KCC’s mainnet with the launch of KCC. The number of KCS migrations is 100,000. KuCoin will lock up an equal number of ERC20-KCS on the Ethereum network while releasing the same amount of KCC-KCS on the KCC network. The total circulation of KCS will remain unchanged during the migration process. More mainstream crypto assets are expected to be transferred to the KCC ecosystem in the near future to enrich its asset ecosystem. KCC also plans to launch an asset cross-chain bridge to support users in transferring cross-chain assets on their own.

affilka-by-softswiss-launches-own-website

Affilka by SoftSwiss launches own website

June 16, 2021 Published by
Reading Time: 2 minutes

 

Affilka by SoftSwiss is excited to announce the official launch of the brand’s own website. The website launch comes in hand with Affilka coming close to partnering with over 100 diverse projects, with many new ones coming later this summer.

Coming from its parent brand, SoftSwiss, Affilka’s team boasts expertise of 10+ years in the iGaming industry. The affiliate management solution was once part of the SoftSwiss Online Casino Platform, yet in 2018 it evolved into a stand-alone product. The affiliate marketing solution officially began operating under the Affilka brand name in November 2020.

Over just a couple of years of operation in iGaming, Affilka has garnered a versatile client portfolio, providing its services to almost 100 clients. The solution has grown beyond being just another affiliate marketing tool, into a product that delivers value to its clients. Affilka by SoftSwiss allows iGaming operators to establish efficient and trustworthy relationships with their affiliate partners, acquire new players, and grow revenues.

Affilka is highly flexible and customisable, delivering a broad range of features including built-in payment processing, as well as a flexible commission constructor (CPA, RevShare, Hybrid). The commission plans can also be custom tailored using a number of qualifiers and parameters to define reward terms. The platform is also very proud of its wide array of S2S postbacks, which enable tracking data on multiple types of events including player registration, first deposit, any deposit, player qualification, prequalification, and disqualification as well as net gaming revenue.

Anastasia Borovaya, Affilka Product Owner at SoftSwiss, commented: “We’re on cloud nine to be announcing the launch of our very own website for Affilka! The new website will comprise all you need to know about our innovative product plus serve as a hub for expert materials on affiliate marketing and the iGaming industry in general. Visit our new website and experience it now for yourself!”.

Check out Affilka’s brand-new website today!

About SoftSwiss

SoftSwiss is an international tech company supplying widely acclaimed, certified software solutions for managing iGaming operations. SoftSwiss holds a number of gaming licenses, providing a “one-stop-shop” white label casino 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.

avast-bolsters-expertise-in-identity-and-m&a-with-two-new-appointments

Avast Bolsters Expertise in Identity and M&A with Two New Appointments

June 16, 2021 Published by

 

Avast (LSE:AVST), a global leader in digital security and privacy, today announced the creation of two new roles key to advancing its business strategy in Identity and Corporate Development. Charles Walton joins Avast to lead the development of Avast’s identity strategy in the role of Senior Vice President & General Manager, Identity. Paul Carter has been appointed to the role of Global Head of Corporate Development and will join the Company on July 1.

“In the last year, the way we use the internet has changed dramatically – and there is no going back. Our digital lives are more intertwined than ever with our personal and professional lives, which accelerates the security and privacy risks that keep people from exploring the online world with confidence. Our goal is to remove those obstacles,” said Ondrej Vlcek, CEO, Avast. “Smoothing access to online services and facilitating private and safe interactions are now critical to the future stability and success of the digital economy. These new appointments show our deep focus and commitment in this area and demonstrate our belief that identity-protecting solutions are central to the current and future needs of our customers.”

Charles Walton will lead Digital Identity Products

Walton, formerly Senior Vice President, Digital Identity Products, at Mastercard, has over 25 years’ experience in privacy, security and identity and will be developing Avast’s identity strategy as the company expands its expertise and innovation in privacy and identity products. In the role, he will define product strategy, research and development, and the distribution model.

At Mastercard, Walton was responsible for the ID Service, a key global business focused on digital identity services. He also drove the strategy and partnerships for Mastercard’s health pass, activities, which included the development of an approach to an interoperable digital health pass. Additionally, he co-founded and was on the steering board of both the Trust over IP Foundation and the Good Health Pass Collaborative. Previously, he held roles in other organizations with a focus on identity and privacy including Vice President, Business Development, at Idemia, where he was involved with UK Verify government services, and CEO at SecureKey where he drove the pivot to digital identity and the roll-out of a national federated authentication service in Canada.

“As individuals and consumers, we have never been more acutely aware of our personal privacy when using digital services,” said Walton. “It’s imperative that we are able to access online services safely and that any information we share remains private and yet privacy-preserving technology is still fairly nascent. By providing a mature approach to managing one’s identity online, we will enable people to confidently take advantage of the rapidly evolving ecosystem of online services.”

Paul Carter will lead Avast’s M&A practice

Carter joins Avast’s corporate development team in the role of Global Head of Corporate Development, bringing over two decades of experience building and leading corporate development teams at FTSE 100 and Fortune 500 companies in the financial services, data, technology, and business services sectors. His key focus will be to develop and execute Avast’s long-term identity strategy, including acquisitions and partnerships in alignment with Mr. Walton.

“Avast is very well positioned within the dynamic digital privacy and security sector, and I am very excited to be joining the team to help deliver its growth agenda,” said Carter. “My focus will be on guiding our business development in areas where our customers will get most value and which meet their changing needs online.”

Formerly Group Head of Corporate Development at London Stock Exchange Group, Carter spent the last six years leading the M&A and strategy functions including the structuring and negotiation of LSEG’s transformational Refinitiv acquisition. Prior to this, he held senior corporate development roles at Experian and Dun & Bradstreet.

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