Latest News
European Investment Bank provides €15 million of funding to IDnow

IDnow a leading provider for Identity Verification-as-a-Service solutions, recieves €15 million growth funding from European Investment Bank. Funds will support IDnow’s research and development and international expansion. Financing by EU bank is provided under Investment Plan for Europe.
The European Investment Bank (EIB) will provide €15 million of growth funding to the German identity verification platform IDnow. IDnow is an expert in secure, remote auto and video identification and electronic signature services. This enables companies to acquire customers and manage transactions faster and easier, while complying with know your customer (KYC) and anti-money laundering (AML) regulations. The investment will primarily support IDnow’s research and development (R&D) activities as well as its international growth.
This operation is part of the European Growth Finance Facility (EGFF), a product under the guarantee scheme of the European Fund for Strategic Investments (EFSI). The EGFF is designed to address quasi-equity gaps linked to structural market failures across the European Union in the provision of adequate risk capital to late-stage, venture-backed companies. Such European small and medium-sized enterprises (SMEs) and mid-caps often suffer from systemic shortages of large, non-dilutive financing options for growth investments, both tangible and intangible. The benefit of EFSI in this specific case is the clear enhancement of the risk capacity of the Bank.
EFSI is the central pillar of the Investment Plan for Europe under which the EIB and the European Commission are working together as strategic partners and the EIB’s financing operations are boosting the competitiveness of the European economy. It is accompanied by the advisory service, the European Investment Advisory Hub, which enables public and private project operators to structure their investment projects more professionally.
EIB Vice-President Ambroise Fayolle, who is responsible for EFSI and the bank´s operations in Germany, said: “IDnow, a first-time borrower for the Bank, depends on significant R&D and marketing investments related to commercialisation. The transaction is an excellent example of how the EU bank, with the support of the Investment Plan for Europe, can facilitate the development of innovaton, in particular in sensitive policy areas such as anti-money laundering, counter terrorist financing and cybersecurity, which are of utmost importance for the European Union and its economy.”
European Commissioner for the Economy, Paolo Gentiloni, said: “As ever more of our interactions move online, it’s more important than ever that we strengthen data security and fraud prevention. And it’s right that the Investment Plan for Europe contributes to those efforts. This support for German platform IDnow will enable it to expand its services for digital identity verification of customers and business partners alike. We are investing in a safer online business environment, an objective of our digital finance strategy.”
CFO of IDnow Joe Lichtenberger said: “IDnow has experienced overwhelming demand for its verification-as-a-service across multiple industries and countries, with COVID-19 significantly increasing the need for digital services. The flexible financing structure from the EIB will allow us to accelerate our investment in developing the platform to capitalise on these opportunities. The EIB is an ideal partner to support us in becoming Europe’s leading provider in identity verification.”
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Compliance Updates
EPIC Global Solutions Boosts Regulatory Efficiency by nearly 90% with Vixio

With Vixio, EPIC can move faster, with regulatory research reduced to “an hour rather than a day”.
Vixio, an award-winning provider of regulatory intelligence solutions, is proud to announce a partnership with EPIC Global Solutions, a leading gambling harm-prevention consultancy, to enhance its regulatory efficiency and insight. By leveraging Vixio’s innovative suite of compliance tools, EPIC has streamlined its ability to navigate complex gambling regulations across multiple jurisdictions.
EPIC advises clients on how to intervene and interact with gamblers who may be suffering harm, including associations and operators who are serious about gambling social responsibility, such as the EFL, SPFL, NCAA and MLSPA.
Operating in a fast-paced, ever-changing regulatory landscape, EPIC faced the challenge of maintaining up-to-date, accurate compliance knowledge for its global clients.
“As a global consultancy, it’s crucial for us to stay informed on the latest regulatory developments. With Vixio, what would take a day now takes just an hour,” said Daniel Spencer, Principal Consultant at EPIC Global Solutions. “Trying to keep up with the changes in regulation, new stories as they break, and emerging markets in this space is a very difficult process, and Vixio makes that a lot easier.”
Mike Woolfrey, CEO of Vixio, added: “We are proud to support EPIC Global Solutions in their mission to reduce gambling harm. Our platform is designed to simplify regulatory complexities, helping organisations like EPIC make informed decisions faster and more confidently.”
A Comprehensive Compliance Solution
Vixio’s intelligence centralises global gambling compliance updates from 1,300 regulatory authorities in 180+ different jurisdictions, covering 4m+ data points. This centralised, easily searchable respiratory, combined with Vixio’s interactive tools, have provided EPIC with real-time access to critical regulatory information.
Vixio’s regulatory intelligence has empowered EPIC to support clients effectively across multiple jurisdictions in maintaining compliance and reducing gambling-related harm worldwide.
“Certainly, for anybody advising in this space from a consultancy point of view, Vixio is a valuable tool to ensure that your knowledge is kept up to date and the best it can be,” said Spencer.
The partnership between Vixio and EPIC ensures that EPIC has all the support it needs so it can focus on delivering proactive, effective solutions to mitigate gambling-related harm and ensure compliance across global markets.
“The support from Vixio’s team has been exceptional,” said Spencer. “Their proactive approach ensures we maximise the platform’s value, and they’re always available when we need assistance.”
The post EPIC Global Solutions Boosts Regulatory Efficiency by nearly 90% with Vixio appeared first on European Gaming Industry News.
Balkans
Playson tightens grip on Croatian market with landmark Hrvatska Lutrija deal

Country’s national lottery operator chooses Playson to enhance content offering with more immersive games
Playson, an accomplished iGaming industry supplier, has continued its growth in Croatia by launching with the country’s national lottery operator, Hrvatska Lutrija.
Following an integration via the Bragg Hub aggregation platform, a host of Playson’s leading titles will be made available to Hrvatska Lutrija players including Royal Coins 2: Hold and Win, 3 Pots Riches: Hold and Win and Coin Strike: Hold and Win, significantly boosting the lottery’s online casino offering.
Since becoming an independent organisation for the Croatian lottery in 1973, Hrvatska Lutrija has expanded its renowned portfolio to provide captivating digital slots and table games, as well as continue to run numerous charitable projects to tackle social issues across the country.
This partnership adds to Playson’s recent success in Croatia and marks another step in the supplier’s ongoing expansion across Europe’s most mature markets.
Blanka Homor, Sales Director at Playson, said: “Croatia remains a vital region for us at Playson and we’re thrilled to continue strengthening our market presence through the country’s national lottery operator.
“Hrvatska Lutrija boasts a commendable player base and we look forward to their users enjoying our array of graphically-advanced slots. We are eager to provide even more quality games to operators of all types and sizes.”
Ignacije Čutura, CEO at Hrvatska Lutrija, said: “Playson has consistently launched some of the industry’s most memorable slots over the last few years and we are delighted an array of their top performing titles are now available to our players.
“This partnership underlines Hrvatska Lutrija’s commitment of ensuring our slot offering continues to be the most stimulating and engaging on the market and we look forward to watching our new partnership with Playson flourish.”
The post Playson tightens grip on Croatian market with landmark Hrvatska Lutrija deal appeared first on European Gaming Industry News.
Compliance Updates
ThrillTech secures UK licence, unveils unique jackpot solution to regulated UK operators

Leading jackpot specialist ThrillTech is excited to announce it has secured a remote operating licence from the UK Gambling Commission.
The UK licence, widely considered the gold standard of European gambling regulation, is the latest award in ThrillTech’s commitment to compliance across the region.
The UKGC remote gambling software licence will be added to the company’s long list of European licences alongside Sweden, Romania, Malta and The Netherlands. The UK licence award also follows the recent granting of ThrillTech’s ISO 27001 certification.
ThrillTech’s groundbreaking jackpot solution, ThrillPots, is now available to UK operators, who can take advantage of the additional monetisation stream to boost GGR by up to 10%.
ThrillTech head of business development Faye Williams said: “The UK is a major market for us and we can’t wait to partner with local operators to launch bespoke jackpots in this region. The first ones are already on the way.
“As our main proposition is player-funded jackpots, we are always keen to stay ahead of the regulatory curve, while adhering to the gold standard of iGaming industry compliance.”
For example, ThrillTech developed a bespoke version of its proprietary jackpot algorithm to meet the UK market’s age-gaited stake limits for online slots, which came into force in April.
The company has also created a truly advanced multi-currency system, while linked jackpots are the latest additions to the ThrillTech feature portfolio.
“Innovation can never stop,” said Williams. “Following this latest licence award, we promise to keep pushing the limits of product performance. ThrillTech was built for the next stage of the iGaming industry.”
ThrillTech will announce its first two UK clients in the coming weeks.
ThrillTech’s ambitious expansion strategy hopes to see the company licensed in 10 global jurisdictions by the end of the year, with multiple certificates in additional markets.
Founded just two years ago, Cyprus-headquartered ThrillTech has gone from strength to strength, improving the player experience by building on its core work of monetisation and retention.
The post ThrillTech secures UK licence, unveils unique jackpot solution to regulated UK operators appeared first on European Gaming Industry News.
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