payments
Technology Pushes the boundaries of online payments in 2024: MDC examines biometric payments
WATERFORD, Ireland, Sept. 30, 2024 (GLOBE NEWSWIRE) — A new phenomenon in 2024 is taking digital payments to the next level – biometric facial and fingerprint verification. Minimum Deposit Casinos (MDC) – a division of the OneTwenty Group – decided to analyze this technology in September 2024 and found it was reshaping how people make payments, especially at regulated online casinos.
“This is without a doubt a next-generation experience. With a simple glance or touch, players can easily verify their identity when making deposits and withdrawals. This magnifies convenience for players by eliminating cumbersome steps and long waiting periods – truly pushing the boundaries of what’s possible,” said Miranda Raaff, Head of iGaming Information at MDC.
“We’ve seen a shift in how players choose to make deposits as low as $1. With the demand for faster, more secure transactions growing worldwide, biometric payments have become a game-changer, banishing the need for passwords and PINs, and setting a new standard across the global online casino space. And this could not have come at a more prudent time, when Halloween (#1 October 2024) is around the corner.”
While speed and convenience are crucial, the security of digital payments cannot be overstated. The ecosystem is built on cutting-edge mechanics that ensure financial information is protected with the highest standards of security. Advanced military encryption methods, multi-factor authentication, and blockchain technology ensure that transactions are not only fast but also safe from potential cyber threats.
“The technology that powers this payment solution is nothing short of remarkable. Blockchain particularly adds an extra layer of protection which makes it nearly impossible for transactions to be altered or tampered with. Players can now make secure transactions in seconds without worrying about remembering passwords. It’s the future of digital payments, and it’s happening right now before our eyes,” said Raaff.
As the digital payment ecosystem continues to evolve, MDC emphasized that regulated online casinos were embracing it with open arms.
About MDC
MDC, a division of the OneTwenty Group, is a global iGaming resource portal that reviews and recommends the most trusted and regulated online casinos to players. MDC analyses every aspect of online casinos from checking gaming license details to security, responsible gambling tools, and fair gaming practices, before recommending them to players.
Contact Email: [email protected]
Canada
Top names of the North and Latin American gambling industry confirmed for the Gaming Americas Q2 Meetup (29 April)
Gaming Americas Q2 Meetup brings together top C-Level Executives for a very important virtual Meetup.
The Gaming Americas Q2 Meetup will take place on 28 April and we are excited to confirm +2000 participants and +60 industry speakers from North and Latin America. See more details here
To keep the momentum going, we are once again highlighting some of the most talked-about topics in the regions and will stress on keeping the relaxed format that allows the audience to join in on the panels and add their own insights.
If you haven’t already registered, make sure to register for free here.
The draft agenda includes the following discussions:
- US Legislation Round-up – Which states to monitor in Q2 and beyond
- Challenges facing operators and suppliers when entering the US market and how they are overcome
- Canadian gambling industry in the spotlight
- Stock exchange: Is the gambling industry still underestimated?
- Innovations in the payments journey and time to talk cryptocurrency
- 3 x Latin American panels (in English)
Among the already confirmed speakers’ and moderators’ you can find:
- KAREN MARCELA SIERRA-HUGHES – VICE PRESIDENT, LATIN AMERICA AND CARIBBEAN GOVERNMENT RELATIONS AND BUSINESS DEVELOPMENT AT GAMING LABORATORIES INTERNATIONAL (GLI®)
- SARAH BLACKBURN – DIRECTOR AT GAMEON
- SISSEL WEITZHANDLER – CHIEF COMPLIANCE OFFICER AT PLAY’N GO
- CHANTAL CIPRIANO – SENIOR DIRECTOR, LEGAL & COMPLIANCE AT MAZOOMA
- BRANDT IDEN – HEAD OF GOVERNMENT AFFAIRS, US FOR SPORTRADAR US
- STEPHEN A. CRYSTAL, ESQ – FOUNDER AT SCCG MANAGEMENT
- JEREMY KLEIMAN – GAMING ATTORNEY AND MEMBER AT SAIBER LLC
- BILL PASCRELL – PARTNER AT PRINCETON PUBLIC AFFAIRS GROUP, INC.
- NEILL WHYTE – CHIEF COMMERCIAL OFFICER OF B2B IGAMING SOLUTIONS FOR DGC
- ADAM NOBLE – EXECUTIVE VICE PRESIDENT OF PLAYSTAR CASINO
- BOB AKERET – VICE PRESIDENT OF OPERATIONS, NORTH AMERICA FOR FSB
- DAN GRAETZER – CEO at CAROUSEL GROUP/SPORTSBETTING.COM
- NICK NALLY – MANAGING DIRECTOR AMERICAS FOR CONTINENT 8 TECHNOLOGIES
- ADAM KOSTYAL – HEAD LISTINGS EMEA AT NASDAQ
- LLOYD DANZIG – FOUNDER & MANAGING PARTNER AT SHARP ALPHA ADVISORS
- RICH ROBERTS – VP OF STRATEGIC PARTNERSHIPS AT INTERCHECKS
- JONODEV CHAUDHURI – CHAIR, INDIAN LAW & POLICY PRACTICE AT QUARLES & BRADY LLP
- DOMENICO MAZZOLA – COMMERCIAL DIRECTOR AT ALTENAR
- …and many more to be confirmed
As mentioned above, the Gaming Americas Q2 Meetup will follow the course of the Gaming Americas Quarterly Meetups that from its first edition has built important momentum in the North and Latin American gambling industry.
You can view the full recording of the Q1 meetup here:
For sponsorship/speaking and marketing inquiries, make sure to reach out to Andrada Marginean (B2B Sales Executive at Hipther Agency).
For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).
To receive constant updates, subscribe here: http://eepurl.com/hfyZxf
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