Newsazenplay.comPayments Canada launched its Real-Time Rail system to support continuous exchange, clearing and settlement of payments among participating institutions. The initial rollout includes eight participants and built-in fraud controls, including confirmation of payee, risk scoring and information sharing.
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A report examines payment-processing delays affecting iGaming businesses in Asia and Latin America and considers crypto settlement as a possible alternative where regulations permit it. It says compliant crypto processing would still require KYC, AML and transaction-monitoring controls.
Open banking provider Yaspa has partnered with UK sports prize-draw platform The Big Leagues to provide Pay by Bank deposits and withdrawals. The integration also combines bank-account authentication with automated player verification.
Yaspa is providing open banking deposits and withdrawals for The Big Leagues’ prize-draw and sports-prediction products. The service uses direct bank transfers and real-time account authentication for payments and onboarding.