Connect with us

728x90 banner available here

Latest News

MiFinity Strengthens Global KYC with Veriff’s Automated Proof of Address Integration

Published

on

Reading Time: 2 minutes

MiFinity, the award-winning global eWallet provider, has announced the integration of Veriff’s new automated Proof of Address (POA) solution, enhancing its Know Your Customer (KYC) process with cutting-edge fraud prevention and compliance technology.

This latest development builds on MiFinity’s successful two-year partnership with Veriff for Proof of Identity (POI) checks. By integrating automated POA, MiFinity will soon deliver a streamlined, highly effective KYC experience that combines POI and POA verification in real time. For customers, this means faster onboarding, instant account-level upgrades upon completion, and a frictionless journey. For merchants, it strengthens MiFinity’s ability to support genuine customers globally while mitigating fraud risks across the value chain.

The Veriff solution uses AI and machine learning to verify documents, detect manipulation, and identify fraudulent activity in real-time. This ensures only legitimate customers gain access, while reducing manual intervention for MiFinity’s KYC team. The outcome is a faster, more secure, and scalable onboarding process that protects merchants, boosts compliance, and supports long-term growth.

Paul Kavanagh, CEO of MiFinity, commented: “Our partnership with Veriff has always been about raising the bar on compliance, fraud protection and customer experience. With this new Proof of Address solution, we were proud to be involved early in the product development process, helping shape a service that works for our markets and our users. By adopting it from day one, we’ve not only streamlined customer onboarding but also strengthened the safeguards that protect our merchant partners. It’s a win-win; customers get verified quickly and easily, and merchants can be confident that MiFinity is committed to fraud prevention, compliance, and delivering trusted financial services worldwide.”

The integration also reinforces MiFinity’s position as a forward-thinking payments company committed to implementing best-in-class technologies. By reducing friction for legitimate users while blocking bad actors, MiFinity ensures higher customer satisfaction, greater trust in its platform, and added value for its network of over 1,200 global merchant brands.

Through this collaboration, MiFinity and Veriff are setting new standards for digital onboarding in fintech – where security, speed, and compliance work hand in hand to drive growth across sectors such as eCommerce, travel, Forex, and beyond.

The post MiFinity Strengthens Global KYC with Veriff’s Automated Proof of Address Integration appeared first on European Gaming Industry News.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

PAGCOR net income up 49% to Php14.32B in first nine months of 2025

Published

on

Reading Time: 2 minutes

The Philippine Amusement and Gaming Corporation (PAGCOR) today announced that its net income in the first three quarters of the year has reached Php14.32 billion, a 49% increase from the Php9.63 billion in the same period last year.

Total revenues from January to September was at Php84.09 billion, rising 5.87% year-on-year from Php79.43 billion. Gaming operations accounted for Php75.93 billion of the total revenues while other related services and other income contributed Php8.16 billion.

PAGCOR Chairman and CEO Alejandro H. Tengco said the strong revenue performance highlights the positive impact of the agency’s governance and modernization initiatives.

“Our financial performance is a clear reflection of PAGCOR’s renewed focus on governance, digital transformation, as well as sustainable and responsible gaming,” Mr. Tengco said.

The agency’s total contributions to nation-building (CNB) likewise rose 11% to Php54.26 billion from Php48.88 billion during the period in review.

Out of the total CNB, two-thirds or Php36.06 billion went to the National Government as mandated by Presidential Decree 1869. This share, which accounts for 50% of PAGCOR’s gaming revenues minus 5% franchise tax, also covers allocations for the Dangerous Drugs Board and the Philippine Health Insurance Corporation (PhilHealth).

PAGCOR also paid Php3.79 billion in franchise taxes and Php609.87 million in corporate income taxes to the Bureau of Internal Revenue (BIR).

The agency likewise allocated Php11 billion for its socio-civic projects, including remittances to the President’s Social Fund.

The Philippine Sports Commission received its mandated 5% share worth Php1.80 billion, an 8.66% increase from the same period last year, while athletes and coaches who won in international sports competitions received Php26.54 million under the Sports Incentives and Benefits Act.

Other mandated PAGCOR beneficiaries include the Board of Claims, which received Php142.42 million, and the Renewable Energy Trust Fund which got Php201.47 million.

Cities hosting Casino Filipino branches also received a total of Php508.20 million in revenue shares.

Mr. Tengco said PAGCOR remains committed to aligning its growth with public service goals.

“Every peso that PAGCOR earns goes back to the people through classrooms, health facilities, disaster response programs, and other community projects,” he said. “Our focus is to sustain this momentum while ensuring that the gaming industry continues to operate responsibly and contribute to national development.”

 

The post PAGCOR net income up 49% to Php14.32B in first nine months of 2025 appeared first on European Gaming Industry News.

Continue Reading

Latest News

QGBet partners with Aviatrix via InPlaySoft integration

Published

on

Reading Time: < 1 minute

Award-winning crash game Aviatrix has continued its rapid expansion in Brazil by launching with QGBet, one of the market’s most dynamic operators.

The new partnership will bring Aviatrix’s award-winning crash gaming experience to QGBet’s players for the first time.

A key component of this launch is the seamless integration via platform provider InPlaySoft, a collaboration which has become a cornerstone of the game’s ongoing growth in Brazil, enabling operators like QGBet to onboard cutting-edge crash content with minimal time-to-market.

Matheus Cota, COO at QGBet, said: “We’re thrilled to add Aviatrix to our portfolio. It’s a product that sets a new standard in the crash category and offers exactly the kind of engaging, customisable experience our players are looking for. Working with InPlaySoft made the integration process seamless from start to finish.”

Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “Partnering with QGBet represents another exciting step forward for Aviatrix in Brazil. Thanks to our close collaboration with InPlaySoft, we’re able to deliver premium crash content quickly and efficiently, helping operators like QGBet enhance their offering and stand out in a competitive market.”

Aviatrix has rapidly established itself as one of the most in-demand crash titles in Brazil since receiving full certification to supply the regulated market earlier this year.

To find out more about adding Aviatrix to your regulated online casino in Brazil or elsewhere, please visit: aviatrix.bet/

The post QGBet partners with Aviatrix via InPlaySoft integration appeared first on European Gaming Industry News.

Continue Reading

Latest News

BITKRAFT Report: India’s Gaming and Interactive Media Market Set to Triple by FY2030 to almost $8 Billion

Published

on

Reading Time: 2 minutes

BITKRAFT Ventures, a leading global investment platform for gaming and interactive entertainment, today announced the release of a report powered by Redseer Strategy Consultants, forecasting high growth in India’s gaming and interactive media sector, despite the ban on real money gaming.

The study reveals that the segment, already a key engine in India’s digital media & entertainment space, is projected to triple in size, reaching $7.7 Billion by FY2030

The report, “The Gaming and Interactive Media Opportunity in India,” highlights that these segments are growing approximately 1.5 times faster than the overall digital media and entertainment market, fueled by India’s massive, young user base, nano-transactions, high smartphone engagement, and shifting consumer behavior toward interactive and personalized content.

Key Market Projections: A Structural Shift Towards Casual and Interactive Content

The analysis underscores a pivotal moment for the Indian digital ecosystem, driven by regulatory changes that have cleared the path for mainstream casual gaming and esports:

Gaming Market Resilience: Despite regulatory intervention concerning online money gaming (RMG), the digital gaming sector is set to thrive. This market alone is projected to nearly double, reaching approximately $4.5 Billion by FY2030 and esports is expected to triple at $120 million by 2030.

  • Hybrid Casual, the new format with similar Mid-core game-like progression and deeper meta systems is emerging as a key segment
  • The Battle Royale genre continues to enable most monetisation.
  • While the market is nearly equally split between ads and IAPs (In-App Purchases), the balance is expected to heavily tip towards IAPs in the next 5 years with ~6X growth.

Interactive Media Surge: Disruptor segments within interactive media are poised for exponential growth, expanding from an estimated $440 Million in FY2025 to $3.2 Billion by FY2030. Fastest-growing sectors include:

  • Astro & Devotional Tech: Projected to grow 8x to $1.3 Billion by FY2030, digitizing a massive offline market through 1:1 consultations.
  • Micro Drama: A nascent but high-potential segment mirroring successful models in China, expected to reach $1.1 Billion by FY2030 by capitalizing on short, serialized mobile-first video content.
  • Audio Streaming: Expected to quadruple to $300 Million by FY2030, driven by high user engagement and localized content strategies.

The India Opportunity: Vernacularization and Social Connection

The report emphasizes that growth is increasingly driven by the ‘Bharat’ audience (Tier 2+ segments), who seek vernacular content, social identity through gaming communities, and new avenues for social connection. AI is also emerging as a key enabler, significantly lowering content creation costs and accelerating local game development.

Jens Hilgers, Founding General Partner at BITKRAFT Ventures: “India represents perhaps the most compelling greenfield opportunity globally. The confluence of a digitally native youth demographic, established mobile infrastructure, and massive scale is creating what we believe to be a hyper-growth environment. In our view, this is an inflection point, positioning India as a true global powerhouse for interactive entertainment.”

Anuj Tandon, Partner, India & UAE at BITKRAFT Ventures: “It’s exciting to see India’s gaming sector entering a phase of durable growth, with local developers creating innovative and monetizable experiences that are beginning to resonate globally. We’re witnessing strong momentum across casual and hybrid-core titles, fueled by rising player engagement, new IP creation, and increasingly accessible payment ecosystems. Together, these factors are helping define the next chapter of India’s gaming and interactive media industry.”

The post BITKRAFT Report: India’s Gaming and Interactive Media Market Set to Triple by FY2030 to almost $8 Billion appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.