Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Industry News

OKTO Integrates Cashless Digital Wallet with Jackpot Systems

Published

on

Reading Time: 2 minutes

 

OKTO, the licensed fintech provider of digital payment and user engagement applications, has partnered with Jackpot Systems to introduce a new era of cashless gaming in casinos and gaming halls in Spain through the OKTO.WALLET. The partnership will enable secure and cashless transactions via OKTO.WALLET directly on Electronic Gaming Machines.

The OKTO.WALLET mobile app enables users to pay and play fast and easy on an ever-growing number of Electronic Gaming Machines (EGMs) connected to Jackpot Systems across more than 300 venues of top-tier operators in Spain.

“Adapting to mobile payment technology is extremely valuable for any business, including gaming. Gaming industry always adopt solutions that bring benefits to both users and operators alike, and as the industry rang a bell for cashless payment options, the Spanish market should follow suit,” Nacho Frade, Country Manager for Spain at OKTO, said.

Advertisement

“Through our collaboration with Jackpot Systems, Casinos and Gaming Halls are now able to meet the transactional experience that today’s user demands via our OKTO.WALLET turn-key solution for the Spanish market. A solution that offers both convenience and ease of use as well as an enhanced payment journey to users, while also meeting operators demand for secure, cost-effective and cashless payment solutions is a perfect blend, and this is why we designed our solution,” Nacho Frade added.

“I believe that our alliance with OKTO represents a new technological achievement for the face-to-face gaming industry in Spain of which we are especially proud,” Alejandro Jiménez, CEO of Jackpot Systems, said.

“We are thus raising communication with gaming machines to a new level, for the benefit of operators and users, with hardly any additional hardware. We are pleased to team up with OKTO on an exciting project like this one that will quickly catch on due to its ease of use, security and strong technology foundation,” Alejandro Jiménez added.

Powered by WPeMatico

Advertisement
Continue Reading
Advertisement

Industry News

Mohegan Appoints Joseph J. Hasson as Interim COO

Published

on

mohegan-appoints-joseph-j.-hasson-as-interim-coo

 

Mohegan Tribal Gaming Authority, known globally for its renowned integrated entertainment resorts, has appointed Joseph J. Hasson as interim Chief Operating Officer. Jody Madigan, the current COO, has resigned effective August 1, 2024, and will be taking a leave of absence pending his departure.

Joseph J. Hasson will serve as interim COO and retain his current role as General Manager of Mohegan Casino at Virgin Hotels Las Vegas, subject to necessary regulatory filings or approvals. Mr. Hasson was an obvious choice for the Management Board, given his prior experience as the former Chief Operating Officer of Station Casinos LLC and Red Rock Resorts Inc. Joe brings considerable expertise to the executive team with a consistent track record of operating excellence and success over more than 40 years’ experience in the gaming and hospitality industry. Mr. Hasson will report to Ray Pineault, President and Chief Executive Officer of Mohegan.

“Joseph J. Hasson’s deep understanding of the gaming and hospitality industry makes him exceptionally qualified to maintain our high service and operational excellence standards. We are confident that Joe’s extensive experience and proven leadership will ensure continuity in our operations and guest experience,” Ray Pineault, President and CEO of Mohegan, said.

Continue Reading

Industry News

Jennifer Shatley Joins ROGA as Executive Director

Published

on

jennifer-shatley-joins-roga-as-executive-director

 

Jennifer Shatley, a recognized expert in the field and a highly sought speaker and advisor, has joined the Responsible Online Gaming Association (ROGA) as Executive Director.

Shatley has had 25+ years worth of experience, working closely with the treatment community, academics, researchers, government bodies, state councils, and gaming industry representatives to promote responsible gaming.

“Many of America’s largest legal mobile gaming operators will be establishing a framework that helps to aid in responsible gaming education and awareness. By coming together with a clear set of objectives, ROGA and our members will work to enhance consumer protections and help provide easier and more efficient access to responsible gaming tools for consumers to enjoy the entertainment of online gaming,” Shatley said.

Continue Reading

Industry News

IDnow Bridges the AI-human Divide with New Expert-led Video Verification Solution

Published

on

idnow-bridges-the-ai-human-divide-with-new-expert-led-video-verification-solution
Reading Time: 2 minutes

 

IDnow, a leading identity verification provider in Europe, has unveiled VideoIdent Flex, a new version of its expert-led video verification service that blends advanced AI technology with human interaction. The human-based video call solution, supported by AI, has been designed and built to boost customer conversion rates, reduce rising fraud attempts, increase inclusivity, and tackle an array of complex online verification scenarios, while offering a high-end service experience to end customers.

The company’s original expert-led product, VideoIdent, has been a cornerstone in identity verification for over a decade, serving the strictest requirements in highly regulated industries across Europe. VideoIdent Flex, re-engineered specifically for the UK market, represents a significant evolution, addressing the growing challenges of identity fraud, compliance related to Know-Your-Customer (KYC) and Anti-Money Laundering (AML) processes and ensuring fair access and inclusivity in today’s digital world outside of fully automated processes.

As remote identity verification becomes more crucial yet more challenging, VideoIdent Flex combines high-quality live video identity verification with hundreds of trained verification experts, thus ensuring that genuine customers gain equal access to digital services while effectively deterring fraudsters and money mules. Unlike fully automated solutions based on document liveness and biometric liveness features, this human-machine collaboration not only boosts onboarding rates and prevents fraud but also strengthens trust and confidence in both end users and organisations. VideoIdent Flex can also serve as a fallback service in case a fully automated solution fails.

Advertisement

Bertrand Bouteloup, Chief Commercial Officer at IDnow, said: “VideoIdent Flex marks a groundbreaking advancement in identity verification, merging AI-based technology with human intuition. In a landscape of evolving fraud tactics and steady UK bank branch closures, our solution draws on our decade’s worth of video verification experience and fraud insights, empowering UK businesses to maintain a competitive edge by offering a white glove service for VIP onboarding. With its unique combination of KYC-compliant identity verification, real-time fraud prevention solutions, and expert support, VideoIdent Flex is a powerful tool for the UK market.”

Whereas previously firms may have found video identification solutions to be excessive for their compliance requirement or out of reach due to costs, VideoIdent Flex opens up this option by customising checks as required by the respective regulatory bodies in financial services, mobility, telecommunications or gaming, to offer a streamlined solution fit for every industry and geography.

Bouteloup added: “Identity verification is incredibly nuanced; it’s as intricate as we are as human beings. This really compounds the importance of adopting a hybrid approach to identity – capitalising on the dual benefits of advanced technology when combined with human knowledge and awareness of social cues. With bank branches in the UK closing down, especially in the countryside, and interactions becoming more and more digital, our solution offers a means to maintain a human relationship between businesses and their end customers, no matter their age, disability or neurodiversity.

“VideoIdent Flex is designed from the ground up for organisations that cannot depend on a one-size-fits-all approach to ensuring their customers are who they say they are. In a world where fraud is consistently increasing, our video capability paired with our experts adds a powerful layer of security, especially for those businesses and customers that require a face-to-face interaction.”

The post IDnow Bridges the AI-human Divide with New Expert-led Video Verification Solution appeared first on European Gaming Industry News.

Advertisement
Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania