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Tain and SafeCharge in Processing Deal

Tuesday April 14,2015 : TAIN AND SAFECHARGE SIGN PROCESSING DEAL
 
Advanced payments acceptance and fraud prevention technologies boost TAIN's payment platform and risk management services for licensees.
 
Advanced payment technology provider SafeCharge and online gambling turnkey software provider TAIN AB announced Tuesday that they will be collaborating to offer payment services to white label licensees and enhance e-gaming payment funnel conversion.
 
TAIN has recently opened up a number of new international markets, and by using SafeCharge's network of alternative payment methods, the company will give its white label licensees access to a wide range of local and alternative payment methods.
 
In addition to the payment facilities, a tailored fraud screening profile has been designed for TAIN appropriate to the company's risk management strategy. These fraud prevention rules are processed in real-time allowing TAIN's risk team to instantly handle transactions that are flagged for Manual Review or Rejected, thereby reducing the rate of chargebacks and eliminating potential fraud attacks.
 
TAIN chief executive officer Christer Fahlstedt, said in a statement: "This collaboration will both reduce the fraud risk to our licensees and boost their sales revenue by enabling them to offer fully localised payment services including the acceptance of applicable local payment methods from their players."

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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