Baltics

Shortlisted Companies Announced for BSG Awards and BTECH Awards (Riga, Latvia – 16-17 May)

Published

2 years ago

April 5, 2023

Reading Time: 5 minutes

The #hipthers and MARE BALTICUM Gaming & TECH Summit (MARE BALTICUM) has announced the shortlisted companies for the BSG Awards and BTECH Awards, which will take place in Riga, Latvia, on May 16th and 17th.

The BSG Awards recognize the best in the Baltic and Scandinavian gaming industry, while the BTECH Awards honor the top tech companies in the region. The winners in each category will be determined by a final vote via a secret link by the attending delegates of the conference.

“We are thrilled to announce the shortlisted companies for the BSG Awards and BTECH Awards,” said Zoltán Tűndik, Co-Founder and Head of Business at HIPTHER Agency.

European Gaming Congress 2024 (Warsaw, Poland)

“These companies represent the best of the best in the Baltic and Scandinavian gaming and tech industries. We look forward to seeing who will come out on top in each category.”

The winners of the BSG Awards and BTECH Awards will be announced in the afternoon of May 16th at the MARE BALTICUM Gaming & TECH Summit. For more information on the event and to register, please visit the official website.

Register here | View the program | Become a Sponsor

The shortlisted companies for the BSG Awards are as follows:

(you can also find the shortlist here: https://hipther.com/events/riga/awards/)

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If your company is among the shortlisted companies, the organizers would like to extend an invitation for you to attend the conference and participate in the Baltic and Scandinavian Gaming Awards (BSG Awards) and the Baltic TECH Awards (BTECH Awards). As mentioned above, the winners in each category will be decided by a final vote via a secret link by the attending delegates of the conference, and the winners will be announced in the afternoon of 16 May.

This conference promises to be a unique opportunity to engage with key industry players, learn about the latest trends and innovations in gaming and technology, and to network with peers and potential clients. The #hipthers are confident that your participation will be valuable to both your company and the wider industry.

You are encouraged you to register for the conference as soon as possible to take advantage of early-bird discounts and secure your attendance. Please note that attendance is limited and the organizers expect high demand, so they encourage you to act quickly to avoid disappointment.

Register here | View the program | Become a Sponsor

The HIPTHER team is looking forward to welcoming you to the MARE BALTICUM Gaming & TECH Summit and wish you the best of luck in the upcoming awards.

Baltics

Lithuania to Ban Gambling Ads

Published

1 week ago

November 14, 2024

Niji Narayan

Reading Time: < 1 minute

The Lithuanian parliament on Tuesday approved restrictions on gambling advertising, set to take effect from next July.

The amendments to the Gaming Law, passed with 73 votes in favour and one abstention, will introduce a ban on gambling advertising starting in July 2025. Exceptions will apply to sports competitions and events, as well as sports sponsorships and broadcasts of sports competitions, which will have a transitional period until January 1, 2028.

Next year’s budget for the Media Support Fund earmarks an additional 4 million euros to compensate media organisations for lost advertising revenue.

Among other things, MPs backed a proposal from the parliamentary Committee on Budget and Finance to have a transitional period until the end of 2027, allowing up to three betting ad spots of under 15 seconds each per hour on television, radio and online between 06:00 and 18:00 and up to two per hour between 18:00 and midnight.

For online media, betting ads without a direct link to the gaming operator’s website will be limited to 20% of advertising space from 06:00 to 18:00 and 10% until midnight.

The post Lithuania to Ban Gambling Ads appeared first on European Gaming Industry News.

Baltics

Genome launches SEPA instant payments, adding another valuable feature for iGaming companies

Published

3 weeks ago

October 29, 2024

George Miller

genome-launches-sepa-instant-payments,-adding-another-valuable-feature-for-igaming-companies

Reading Time: < 1 minute

Genome (UAB Maneuver LT) has introduced SEPA Instant Transfers for all its clients. Companies can now make instant euro payments within seconds to optimize cash flow and improve operational efficiency across the Eurozone.
Additionally, SEPA Instant Transfers can be used for batch Transfers, making mass payments even more effective for companies, particularly the iGaming businesses.

“SEPA Instant Transfers enable quick payments in the Eurozone, improving cash flow and scheduling flexibility for business partners – a very crucial feature for modern-day companies that conduct operations online,” explained Genome’s CEO, Daumantas Barauskas.

SEPA Instant Transfers will be priced the same as regular SEPA Credit Transfers, ensuring users enjoy the convenience of instant transactions without any additional costs.

The feature has gone live shortly before the SiGMA Europe conference that Genome’s team will be attending. Businesses can learn more about SEPA Instant Transfers and other iGaming services Genome provides at booth #3102 or by booking a meeting.

“SEPA Instant Transfers is not the only service Genome offers iGaming companies. For one, they can streamline their financial operations with our API for mass payouts and B2C2B payments. We are currently developing the incoming payment notifications service via API (API for pay-ins). This feature will notify iGaming companies about client pay-ins in real-time. We also provide contactless physical and virtual Visa Business cards for media buying and other corporate expenses, with the added convenience of Google Pay, Apple Pay, and Garmin Pay compatibility. Additionally, a dedicated IBAN account simplifies B2B transactions, and the Genome iOS and Android apps ensure real-time financial management anytime, anywhere,” concluded Daumantas Barauskas.

The post Genome launches SEPA instant payments, adding another valuable feature for iGaming companies appeared first on European Gaming Industry News.

Baltics

iDenfy Partners with Confindo to Enhance Security and Prevent Loan Fraud

Published

2 months ago

September 10, 2024

Niji Narayan

idenfy-partners-with-confindo-to-enhance-security-and-prevent-loan-fraud

Reading Time: 2 minutes

iDenfy, an AI-powered identity verification, compliance and fraud prevention solutions provider, has partnered with Confindo, a leading provider of IT solutions specialising in customer relationship management (CRM) tools for group companies and external partners. This collaboration will help Confindo manage third-party risks and ensure proper fraud and breach prevention while building a seamless and secure verification experience.

The rise in digital transactions has made robust security measures more critical than ever. With security challenges like forged documents and synthetic identities, particularly in the financial and lending sectors, companies increasingly seek advanced solutions to protect their customers. Spending on information security and risk management products and services is expected to grow by 14.3% this year, reaching more than $215 billion. However, many companies operating in the financial sector see fraud as a top priority on the list, where even a single breach can have significant legal and reputational consequences.

Confindo, a dominant player in the consumer lending market since 2018, recognised the importance of securing its platforms against potential threats. Brands under the “Confindo” name, like Lenders, Bancovo, Comparar Prestamos mainly serve as intermediaries for consumer lending services. Consequently, the business is best known for representing over 20 banks and creditors in Lithuania and processing more than 10,000 inquiries monthly. As the business experienced a high volume of requests and new registrations, it required a new trusted Know Your Customer (KYC) vendor to help safeguard its operations, especially in this expansion stage across Europe.

According to Confindo, its recent operations in Latvia and upcoming launches in two new markets also showed a need for extra automation measures in its customer onboarding process. Before partnering with iDenfy, the IT and financial service provider aimed to build a conversion-optimised verification workflow that could remove the hassle around the application onboarding process. Among several identity verification providers, Confindo selected iDenfy for its reliable and efficient identification verification solution. The new software, already trusted by other platforms under Confindo’s management, stood out for its smooth integration with existing systems and provided a comprehensive global document base for more efficient scaling into new markets.

iDenfy’s ID verification solution is designed to automatically recognise, verify and extract information from over 3000 identity documents across 200 countries and territories. This comprehensive approach helps Confindo ensure that all possible safety measures are in place to prevent fraudulent loans, a key concern in the rapidly growing consumer lending sector.

It is worth mentioning that iDenfy is ranked as the top 1 identity verification solution in customer satisfaction on G2, boasting an average of 4.9 stars and over 70 reviews in 2024. This recognition underscores iDenfy’s commitment to providing high-quality, reliable services and prioritizes online user identification security.

“We chose iDenfy because their solution is not only trusted and tested but also perfectly aligns with our commitment to ensuring the highest level of security for our customers,” said Eitautas Bartuškevičius, CEO of Confindo.

Domantas Ciulde, CEO of iDenfy, said: “We’re thrilled to collaborate with Confindo in their mission to enhance security within the consumer lending space. By integrating our ID verification solution, we’re helping them create a safer, more reliable platform for their users across multiple countries.”

The post iDenfy Partners with Confindo to Enhance Security and Prevent Loan Fraud appeared first on European Gaming Industry News.